Stanbic IBTC Balanced Fund

About

The Stanbic IBTC Balanced Fund (“SIBAL”) is the most recent addition to the basket of Mutual Fund offerings by Stanbic IBTC Asset Management Limited. Due to the often inverse relationship which exists between the fixed income and equity market, SIBAL is designed with the objective of offering investors a balanced approach to the vagaries of both markets.

The Fund invests a maximum of 60% of its assets in equities of blue chip companies listed on The Nigerian Stock Exchange and a minimum of 40% in fixed income securities including Government and Corporate bonds, Treasury bills and fixed deposit placements with banks.

Originally introduced to private investors in 2009, SIBAL has recently been registered with SEC as a publicly traded mutual fund and investors can now benefit from the asset allocation and performance of the fund with as little as N5,000.00 only.

Units of the fund are issued at the prevailing offer price as is equivalent to the market value of subscription. The fund is re-valued at the end of each working day to reflect any changes in the price of the underlying stocks as well as interest earned for that day. This means that the value of units held may change from day to day.

Summary

The Fund was introduced in 2009 and registered with SEC in 2012.

Initial Price: N1,000.00 (Nominal Value).

Portfolio Allocation: Maximum 60% Equities, Minimum 40% Fixed Income.

The minimum application: N5,000 and subsequent investments of N5,000.

Subsequent investments can be made at any of our branches  online by clicking on the CIPG link when you log on to your mutual fund account, via the Quickteller payment platform at  https://www.quickteller.com/SIAML or at your nearest Quickteller-enabled ATM. Subsequent investments can also be made via direct debit / standing order from your bank account.

SIBAL invests in foreign currency denominated securities issued by Nigerian quoted companies with a minimum rating of “A” by rating agencies registered with the Securities & Exchange Commission (“SEC”).

How to invest in the Stanbic IBTC Balanced Fund

For New Subscribers

Fill in a Subscription Form and issue a cheque or draft for the cost of units applied for.

Please make the cheque/draft payable to First Trustees/SIBAL.

Send the cheque/draft, completed Subscription Form and other documents to any of our offices in Lagos, Abuja, or Port-Harcourt or any branch of Stanbic IBTC Bank Plc.

If you are buying from outside Nigeria it is easy to do so. Find out how.

Within five days, we will send you an email confirming purchase of units and telling you how to log in to your account.

 

 

For Existing Subscribers

Quickteller-enabled ATM (Please click here for list of payment codes).

Online at https://www.quickteller.com/SIAML or by clicking on the CIPG link when you log on to your mutual fund account.

Direct Debit or standing order (Please click here for a Direct Debit mandate form).

Send a cheque and completed purchase order form to any Stanbic IBTC Asset Management office.

How to Redeem Your Investment

You can redeem a part or all your investments at any time.

Fill in a Redemption Form and submit to any of our branches nationwide.

The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.

Online Redemption Service

Redeeming a portion or all your investment in Stanbic IBTC Balanced Fund can be done online with a couple of clicks. The online redemption service is convenient, flexible, available 24 hours and safe. To activate the online redemption service on your account, we require you to print, execute and submit the Consent Form and Agreement at our office or any branch of Stanbic IBTC Bank PLC closest to you.

Alternatively, the completed Consent Form and Agreement can be scanned and forwarded to  mutualfunds@stanbicibtc.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it for processing.

Please note that this service is available to individual and joint account holders only. Institutional subscribers (e.g Corporates, NGOs, Churches etc) cannot be granted access to this service.

Benefits

An excellent capital market risk spreading device, as it invests in a basket of top quality quoted companies listed on the Nigerian Stock Exchange as well as fixed income securities.

You can use your holdings as collateral for bank loans.

Capital appreciation with competitive returns in the medium term (for information on the performance history of Stanbic IBTC Mutual Funds, kindly contact us on mutualfunds@stanbicibtc.com This e-mail address is being protected from spambots.

Easy entry & exit

It invests in low risk unquoted equities to boost returns.

Diversification.


Customer Care Line

nigeriaassetmanagers
+234 1 280 1266

Email

Send us an email

Sharesocialicons
close

Subscribe to our quarterly newsletter
giving you our latest insights