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Please i want to know if any has info on uba fund.I will be glad to know what their current price are.Glad to hear from everyone.
Thanks |
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@ Enurayce - Which UBA fund? The explanations below are from the UBA site. My guess is you will need to contact UBA directly for the specific info you require:
Money Market Fund: This Fund invests primarily in short-term market securities of government, banks and corporations. The instruments include: BAs, CPs, TBs, Bonds, etc. Bond Fund: This Fund’s investments are concentrated in corporate bonds, Treasury bonds, mortgaged-backed bonds and government bonds. Examples are the Federal Government Bond currently in issue. It also holds small proportions of other forms of investment to ensure liquidity. Equity Fund: This fund invests primarily in stocks or quoted equities on the Nigeria Stock Exchange. It also holds a fixed-income or other type of securities in small proportions to ensure liquidity at all times. Balanced Fund: This Fund’s investments are concentrated in corporate bonds, Treasury bonds, mortgaged-backed bonds and government bonds. Examples are the Federal Government Bond currently in issue. It also holds small proportions of other forms of investment to ensure liquidity. http://www.ubaplc.com/newubaplc/page...parent=4&id=16 |
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@ Enurayce - The only thing I suggest you do is contact UBA. I don't know anything about funds. We do have people in our midst who might be able to help, let's hope they come to your aid.
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