FAML introduces 5 new instruments!!!

[tonidol]

FAML introduces 5 Asset management products
Posted Tuesday, May 6, 2008
FSDH Asset Management Limited (“FAML”), an asset management company established to provide investment advisory and wholesale portfolio management services to clients whose investment horizon is essentially long term has introduced the following products in the market.

1. CORAL GROWTH FUND (“CGF”)
The Coral Growth Fund is an actively managed, open ended unit trust scheme that invests a maximum of 65% of its assets in equity securities quoted on The Nigerian Stock Exchange (“NSE”) and the balance in investment grade fixed income securities. The Objective of the CGF is to enable investors’ achieve capital growth over the long term.

2. CORAL INCOME FUND (“CIF”)

The Coral Income Fund is also an actively managed, open ended unit trust scheme that will invest almost exclusively (i.e. at least 70%) in fixed income securities and other interest bearing securities as well as in equity securities (i.e. at most 30%) quoted on the floor of The Nigerian Stock Exchange. The Objective of the CIF is to enable investors preserve capital and achieve stable and consistent income flows. It is suitable for conservative investors who typically seek capital preservation and not capital growth.

3. CORAL ETHICAL FUND (“CEF”)

This is another actively traded and open ended unit trust scheme that will invest exclusively in equities quoted on The Nigerian Stock Exchange, which have been screened to exclude companies whose principal business is deriving interest income or are engaged in the production of alcoholic beverages and tobacco related products. The fund will also not invest in interest bearing securities. The Objective of the CEF is to enable investors’ achieve superior returns on their investment and capital growth over the long term while avoiding portfolio exposure to companies that are engaged in activities which contradict with their ethical and social values.

4. CORAL DYNAMIC PORTFOLIO (“CDP”)

The CDP is the latest in the bouquet of mutual investments offered by FSDH Asset Management Limited. The CDP is a unique unit trust targeted at investors with the sole aim of achieving capital growth through a special purpose trading technique. It is an open ended unit trust scheme with a diversified portfolio of funds wholly invested in equities of large companies quoted on the floor of The NSE. The portfolio has a medium to long term horizon.

5. SEGREGATED PORTFOLIO

This portfolio is tailored to suit your specific investment objectives. Our aim is to determine your goals, liquidity preferences, risk parameters and investment horizon and agree the appropriate investment strategies in line with your best interest. This approach is based on our beliefs that each client has unique needs. The administration of the portfolio will entail the submission of quarterly portfolio reports as well as periodic meetings to review portfolio performance and strategies, if requested.


This initiative evolved out of the need to compliment our traditional business in the short end of the market.

Should you require additional information or clarification, contact Agatha or Tolu on the Help Desks: +234 1 2704884 and +234 1 2704885. Alternatively, you may log on to the following websites at FSDH - First Securities Discount House and FSDH Securities Limited.