Enter Symbol
Zenith Equity Fund (UTZEN)

Profile

Details
Name Zenith Equity Fund
Type Balanced
   
Address
Plot 84,
Ajose Adeogun Street,
Victoria Island,
Lagos
Business Summary
The Zenith Equity Fund is an open-ended unit trust scheme that invests predominantly in equities in Nigeria as well as in investment grade fixed-income securities. The Fund is not a legal entity but is constituted and exist under the Trust Deed. The Trustee, who shall be vested with all the assets of the Fund, shall protect the interest of Investors. The Fund Manager shall be entitled to an annual incentive fee equivalent to 30% of total returns earned in excess of 10% of the Net Asset of the Fund.

Fund Manager
Name Zenith Bank Plc
Address Plot 84, Ajose Adeogun Street, Victoria Island, Lagos
Manager Fee 5.00%
   
Fund Trustee
Name Afribank Trustees & Investment Limited 94 Broad Street, Lagos
Trustees Fee 0.00%
   
Fund Directors
Name Designation
Mr. Macaulay Pepple Chairman
Mr. Jim Ovia, MFR MD/CEO
Mr. Godwin Emefiele DMD
Mr. Peter Amangbo Executive Director
Mr. Elias Igbin-Akenzua Executive Director
Mr. Apollos Ikpobe Executive Director
Udom Gabriel Emmanuel Executive Director
Andrew Ojei Executive Director
Chief Eddy Martins Egwuenu Director
Prof. Leonard Fidelis Ozoba Obika Director
Mr. Babatunde Adeniyi Adejuwon Director
Sir Steven Omojafor Director
Alhaji Baba Tela Director
Sir Samuel Parma Ogoefuna Fortune-Ebie Director
Registrars And Transfer Office
Meristem Registrars,
213 Herbert Macaulay Way, Yaba, Lagos