Olufemi Adeyemi
Global Asset Managers Limited has rolled out its Money Market Fund, which has received the green light from the Securities and Exchange Commission.
In a Monday announcement, they mentioned that this open-ended fund is set up to give unit holders a steady income flow.
The fund, with an offer size of N1bn and a unit price of N1.00, is geared towards helping investors build their wealth even in these uncertain economic times.
“AVA Global Asset Managers Limited has launched its Money Market Fund, following approval from the Securities and Exchange Commission. The fund, with an offer size of N1 bn and a unit price of N1.00, was launched last week,” according to the statement.
Efe Shaire, the Managing Director of AVA GAM, emphasized how crucial low-risk investment options are, especially during tough economic periods.
During the launch event, Efe Shaire, shared his thoughts: “The AVA GAM Money Market Fund comes at a crucial time when Nigerians are seeking secure ways to safeguard and grow their wealth amid economic uncertainties. By offering a low-risk option with steady returns, AVA GAM aims to build trust and encourage more Nigerians to embrace the benefits of structured investing.”Mayowa Ikotun, the Fund’s Chief Investment Officer, shared insights on how the fund aims to boost financial stability and support Nigeria’s economic development.
Echoing this sentiment, Mayowa Ikotun, emphasized the fund’s larger mission, stating: “Investing is about creating a financially resilient society. The AVA GAM Money Market Fund reflects our dedication to supporting our clients’ financial well-being while contributing to Nigeria’s economic development.”
Ikotun added that with a focus on customer needs and a dedication to quality, AVA GAM is using this launch to empower more Nigerians to take charge of their financial destinies.
Those interested in investing are invited to download the AVA Mobile App from app stores or check out www.avacapitalgroup.com to discover more about the Money Market Fund, its features, and how to start their investment journey.