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Money market fund

Money Market Fund is a low risk open ended unit trust scheme with competitive returns. It is a diversified portfolio with investments in quality money market instruments.

The Money Market Fund was authorised and registered by the Securities and Exchange Commision (SEC) on the 28th November, 1990 as Abacus Unit Trust Scheme

Features

Abacus is a diversified portfolio with investments in quality money market instruments, short term debt securities, such as banker’s acceptance, commercial papers, treasure bills and others

Dividends are paid quarterly

Minimum initial subscription of N1,000

Benefits

Capital preservation and competitive returns

Opportunity to capitalise earnings whilst quaranteeing your princioal

Offers opportunities for good returns compared to savings account while maintainina a low risk/conservative approach to investment

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