Vetiva Fund Managers Limited has launched Vetiva USD Fixed Income Fund (VUFI), a dollar-denominated investment designed to provide accessibility, liquidity, and diversification benefits to investors while providing a competitive USD return.
Tailored for individuals and institutional investors, VUFI is an ideal investment vehicle for those seeking consistent returns and capital appreciation opportunities in today’s dynamic economic environment.
The Vetiva Dollar Fixed Income Fund focuses on high-quality, dollar-denominated fixedincome and money market securities, like Nigerian Sovereign Eurobonds, Corporate Eurobonds, Multilateral Eurobonds, Dollar Denominated commercial papers, certificate of deposits, fixed deposits issued by banks and other financial institutions and other short term USD money market instruments introduced and approved by the Central Bank of Nigeria (CBN) from time to time.
By leveraging the expertise of Vetiva’s experienced portfolio managers, the Fund seeks to deliver competitive returns within an acceptable level of investment risk in the medium to long term through investments in US dollar-denominated fixed-income assets.
“We are thrilled to introduce the Vetiva USD Fixed Income Fund, which reflects our commitment to empowering clients with dependable investment options in an ever-evolving financial landscape,” said Oyelade Eigbe, Managing Director of Vetiva Fund Managers Limited.
“This Fund provides a prudent solution for investors seeking to grow their funds in USD while generating a steady income.”
Amid global economic uncertainty and heightened market fluctuations, the demand for secure and profitable investments that provide a buffer against Naira devaluation is growing. The Vetiva USD Fixed Income Fund offers this opportunity to investors.
The launch of the Vetiva USD Fixed Income Fund further reinforces Vetiva’s dedication to provide a tailored product to help investors achieve their financial goals.
“With increased volatility in the global markets, investors are prioritizing safe and diversified investment options,” said Victoria Ejugwu, Head of Equities Research, at Vetiva Capital Management Limited.
“This Fund is thoughtfully designed to provide consistent dollar-based income with capital appreciation opportunities, meeting the diverse needs of our clientele.”
Here are key benefits of the Vetiva USD Fixed Income Fund (VUFI)
The Fund provides an opportunity for investors to diversify their investments in foreign currency assets as well as take advantage of volatility in foreign exchange exposure. The statutorily diversified structure of the Fund will lower volatility and therefore optimise portfolio return.
Managed by experienced investment experts with a proven track record of success, the Fund Manager is rated A (IM) by Agusto & Co.
The Fund will enable investors to enjoy greater flexibility as they can invest in quoted Eurobonds and USD fixed-income securities which can be redeemed partially or in full after allotment within the stipulated redemption timeline.
Investment in the Fund provides investors with access to Eurobonds (Sovereign, Multilateral and Corporate) which typically they would otherwise not have access to due to minimum volume requirements, cost and complexities around investing in such instruments.
The Fund Manager will use its advantages in terms of the size of the Fund and its proprietary tools and platforms to negotiate for better rates and consequently enhance portfolio returns, which individual investors may not have access to on their own.
Annual income distributions provide predictable cash flows for investors. With a legacy of delivering client-centric solutions, Vetiva said it remains steadfast in its mission to support financial well-being and investment growth.
“Our clients’ needs remain the driving force behind every solution we offer. This Fund is a testament to our ongoing commitment to empowering investors with innovative and reliable financial tools, even in challenging times,” added Eigbe.
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