The CEF was set up in May 2006. It is an actively managed open-ended unit trust scheme that invests exclusively in equities listed on the Nigerian Stock Exchange. The CEF is a socially responsible fund and will not invest in companies that are engaged in the production of weapons, narcotic drugs or derive their revenues from gambling or activities that damage the environment. The Fund Managers incentive fee is 20% of total returns in excess of 10% of Funds NAV.
FSDH Asset Management Ltd
1/5 Odunlami Street Lagos Island
UBA Trustees 22B Idowu Taylor Street Victoria Island Lagos
Ibrahim Y Dikko
Aigboje Higo Jnr.
Registrars And Transfer Office
United Securities, Niger House (5th foor) 1-5, Odunlami Street, PMB 12753, Lagos