Women Investment Fund

[hispy99]

First gender’s N2.5bn mutual fund hits market
Posted Monday, September 1, 2008



Nigeria’s first gender specific N2.5 billion mutual fund (Women’s Investment Fund) has been introduced to the market through an initial public offer (IPO) at N100 per unit.



Chapel Hill Denham Management Limited, the asset management business of the Chapel HillDenham Group, noted that the offer opens September 1, 2008.



Mobolaji Balogun, group chief executive officer stated: "women are a vital force underpinning the growth of our nation, but the investment markets currently have limited offerings which cater to their special entrepreneurial promise or their unique investment preferences.

"With the Women’s Investment Fund (WIF), we believe we have bridged this gap somewhat by addressing female investors and entrepreneurs alike. "We are genuinely excited by the transformational potential of the Women’s Investment Fund, and are grateful for all the support we have already received from across the country," stated Balogun.



The WIF will invest in a diverse portfolio of assets including quoted equities and fixed income securities, real estate and private equity investments.



The exposure to real estate and private equity is notable in that it offers relatively unique benefits to unit-holders of the WIF, who would not otherwise be able to access these sectors due to high entry barriers (in real estate) or a lack of access and information (in private equity). Uniquely up to 30 percent of the fund’s assets will be invested in women owned businesses.



Businesses owned by women are one of the fastest growing segments of the economy and range across all sectors including manufacturing, services, real estate, hospitality, education and energy.



Commenting on the rationale of making these investments, Hewett Benson, managing director of Chappel Hill Denham Management said, "these businesses have generally operated with a high degree of efficiency and profitability, despite being starved of financial capital. Our strategy is to work with these entrepreneurs and enhance their businesses by injecting capital into their businesses." Benson further explained that, "these businesses have a demonstrated ability to provide superior returns to investors".



This pioneering product is the first product borne out of the business combination between ChapelHill Advisory Partners Limited and Denham Management Limited.



It harnesses the product development and investment management capacity of these two firms. Explaining the rationale for the fund, Kemi Adeosun, a director in the firm stated "For a number of years we have been hosting seminars for women as investors and teaching them how to plan their finances.



At these fora, we often came across women who were running fantastic mid tier businesses who required additional capital and guidance.



Marrying the two needs into a single broad product was a natural result of this experience". Commenting on why a fund should be targeted specifically at women, Benson explained that improving the financial position of women in society would have a multiplier effect on the economy as a whole. - BusinessDay

[austine42007]

plz i we like to know the minimum amount one can purchase on this fund i truly like to invest in this fund plz if u hv any information about this fund try to publish it or share it with the forum like to invest ===







yours investment =

[Michael]

Originally Posted by austine42007

plz i we like to know the minimum amount one can purchase on this fund i truly like to invest in this fund plz if u hv any information about this fund try to publish it or share it with the forum like to invest ===







yours investment =

250 units @ 25000irst gender’s N2.5bn mutual fund hits market
Posted Monday, September 1, 2008



Nigeria’s first gender specific N2.5 billion mutual fund (Women’s Investment Fund) has been introduced to the market through an initial public offer (IPO) at N100 per unit.

Chapel Hill Denham Management Limited, the asset management business of the Chapel HillDenham Group, noted that the offer opens September 1, 2008.

Mobolaji Balogun, group chief executive officer stated: "women are a vital force underpinning the growth of our nation, but the investment markets currently have limited offerings which cater to their special entrepreneurial promise or their unique investment preferences.
"With the Women’s Investment Fund (WIF), we believe we have bridged this gap somewhat by addressing female investors and entrepreneurs alike. "We are genuinely excited by the transformational potential of the Women’s Investment Fund, and are grateful for all the support we have already received from across the country," stated Balogun.

The WIF will invest in a diverse portfolio of assets including quoted equities and fixed income securities, real estate and private equity investments.

The exposure to real estate and private equity is notable in that it offers relatively unique benefits to unit-holders of the WIF, who would not otherwise be able to access these sectors due to high entry barriers (in real estate) or a lack of access and information (in private equity). Uniquely up to 30 percent of the fund’s assets will be invested in women owned businesses.

Businesses owned by women are one of the fastest growing segments of the economy and range across all sectors including manufacturing, services, real estate, hospitality, education and energy.

Commenting on the rationale of making these investments, Hewett Benson, managing director of Chappel Hill Denham Management said, "these businesses have generally operated with a high degree of efficiency and profitability, despite being starved of financial capital. Our strategy is to work with these entrepreneurs and enhance their businesses by injecting capital into their businesses." Benson further explained that, "these businesses have a demonstrated ability to provide superior returns to investors".

This pioneering product is the first product borne out of the business combination between ChapelHill Advisory Partners Limited and Denham Management Limited.

It harnesses the product development and investment management capacity of these two firms. Explaining the rationale for the fund, Kemi Adeosun, a director in the firm stated "For a number of years we have been hosting seminars for women as investors and teaching them how to plan their finances.

At these fora, we often came across women who were running fantastic mid tier businesses who required additional capital and guidance.

Marrying the two needs into a single broad product was a natural result of this experience". Commenting on why a fund should be targeted specifically at women, Benson explained that improving the financial position of women in society would have a multiplier effect on the economy as a whole. - BusinessDay