The Fund invests mainly in money market instruments, such as government treasury bills, commercial papers and bankers acceptances. The Fund is managed to preserve capital and to generate a steady income.
The primary objective of the ARM Money Market Fund is to provide a steady stream of income to investors by investing in high quality, short term money market instruments and government securities which include:
Bankers’ Acceptances, Certificates of Deposits, Commercial Papers, Collaterised Repurchase Agreements etc; Deposits (Fixed/Tenured) with eligible financial institutions; Short term debt securities issued or guaranteed by any Federal or State Government of Nigeria; Other instruments introduced and approved by the Central Bank of Nigeria (CBN) from time to time. Other money market or fixed income instruments in which the Fund is permitted to invest.
The ARM MMF seeks to to provide capital preservation, income and liquidity to risk averse investors. The Fund Manager seeks to attain these objectives within an acceptable level of investment risk. Dividends are paid to investors at the end of every quarter.
Bank Account Details
GTBank: 0124516495