This mutual fund offers greater capital growth through diversification across equities, bonds, and treasury bills, with competitive returns over a 3-5 year investment horizon and yearly income payments with a minimum investment requirement of N50,000.
The FBN Balanced Fund makes for a good long-term investment option because it tries to reduce investment risk by diversifying among a variety of asset classes. The Fund invests in a diversified portfolio of high-quality Nigerian companies, long-term debt instruments of Nigerian federal and state governments, and high-yield money market securities such as Treasury Bills, Commercial Papers.
For more information about this fund, download our funds brochure here.
Retail, High Net-worth Individuals and Institutions