AVA International Asset Managers Restricted has introduced its Cash Marketplace Capitaltreasury, licensed through the Securities and Trade Fee.
In a observation on Monday, the open-ended capitaltreasury is designed to grant unit holders with a flow of source of revenue.
In step with the observation, with an do business in measurement of N1bn and a unit worth of N1.00, the capitaltreasury objectives to support traders develop their wealth amid financial uncertainties.
“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,” the observation learn partly.
The Managing Director of AVA GAM, Efe Shaire, famous the usefulness of low-risk funding choices right through difficult financial occasions.
The Capitaltreasury’s Well-known Funding Officer, Mayowa Ikotun, defined its function in fostering monetary resilience and contributing to Nigeria’s monetary expansion.
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