Enter Symbol
IBTC Ethical Fund (UTETH)

Profile

Details
Name IBTC Ethical Fund
Type Equities
   
Address
Stanbic IBTC Place Walter Carrington Crescent Victoria Island
Business Summary
The Fund was set up December 08 2005 as a socially responsible fund. The fund does not invest in the following sectors - brewery, tobacco, arms narcotic drugs, gambling and any activities that are considered harmful to society. The fund invests a minimum of 75% of its assets in the capital market and a maximum of 25% in the money markets. The Fund Manager is entilted to an incentive fee of 10% of the annual return that exceeds 10% of the funds NAV.

Fund Manager
Name Stanbic IBTC Asset Management
Address Stanbic IBTC Place Walter Carrington Crescent Victoria Island
Manager Fee 3.22%
   
Fund Trustee
Name PHB Capital and Trust Ltd 163/165 Broad Street Lagos
Trustees Fee 0.00%
   
Fund Directors
Name Designation
Atedo Peterside Chairman
Akeem Shina Oyewale MD
Sola David-Borha Director
Angela Omo-Dare Director
Olayinka Sanni Director
Opunimi Akinkugbe Director
Registrars And Transfer Office
First Registrars,
Plot 2 Abebe Village Road, Iganmu, Lagos