By Rukayat Moisemhe
Marble Capital Ltd., frontline Ethical and Islamic Fund Manager, is offering a N500 million Marble Halal Fixed Income Fund (MHFIF) an investment opportunity for risk-averse investors.
Dr Akeem Oyewale, Marble Capital’s Managing Director, via a statement on Wednesday in Lagos, said the investment opportunity was for risk-averse investors with appetite for steady income.
Oyewale said by its prospectus, MHFIF, offered at N100 per unit at par, was an open-ended unit trust scheme that placed premium on investments in Sukuk Bond and other Shariah-compliant debt and fixed income instruments.
He stated that under the Initial Public Offering (IPO) the holding period for an investment in the Fund was 90 days though unit holders would be issued with electronic statements as evidence of ownership.
” The Marble Fixed Income Fund offers several compelling investment propositions.
“The product, accessible with a minimum investment of N10,000, has prospects for capital…
Source: News Agency of Nigeria
