Fund Prospectus
Application Form
Fund Withdrawal Form
Corporate Account Opening
individual Account Opening
DLM Fixed Income Fund
Introduction
The DLM Fixed Income Fund is an Open-ended Scheme and duly authorised by the Securities and Exchange Commission of Nigeria. The Fund is constituted by a Trust Deed in favour of UTL Trust Management Services Limited as Trustee. 5,000,000 Units are being offered for subscription at the launch of the Fund. The Fund aims to pool together investors’ funds and to achieve as high a level of return as is consistent with its stated objectives.
The primary objective of the Fund is capital preservation and income generation. The Fund aims to achieve its investment objective by investing in a diversified portfolio of high-quality fixed-income securities. The Fund shall also invest a portion of its assets in quality money market instruments.
| DETAILS ABOUT THE FUND: | |
|---|---|
| Fund Name | DLM Fixed Income Fund |
| Fund Manager | DLM Asset Management Limited |
| Custodian | UBA Global Investor Services Division |
| The Offer | 5,000,000 Units of ₦1,000.00 each issued at Par |
| Fund Size | ₦5,000,000,000 (Five Billion Naira) |
| Offer Price | ₦1,000.00 per Unit |
| Units of Sale | 500 units and multiples of 100 units thereafter |
| Currency of the Fund | Nigerian Naira (₦) |
| Nature of Fund | Open-Ended |
| Investment Objectives | Capital preservation Income generation |
| Fund Benchmark | Yield on 5-year FGN Bond relevant for a period not less than 5 years |
| Listing | The Units of the Fund are listed on the FMDQ |
| Proposed Instruments | |
|---|---|
| FGN Bonds | ( 30 to 100 )% |
| State Government Bonds | ( 20 to 80 )% |
| Other Debt Instruments (Short-term notes, CPs) | ( 20 to 70 )% |
| Money Market Instruments | ( 10 to 30 )% |
| Cash | ( 0 to 05 )% |
SUBSCRIBING TO THE DLM FIXED INCOME FUND
1) Application Form – Download below
2) KYC Documents. (Passport Photograph,
3) Government Issued ID card and Utility Bill)
4) Evidence of transfer to the Fund Account
DETAILS OF THE FUND CUSTODY ACCOUNT
Applications can be made in dollars to the account details below:
| Account Bank: | United Bank for Africa Plc |
| Account Name: | UTL Trust/DLM FIXED INCOME FUND |
| Account Number: | 1023705534 |
Applications in Naira should be made to the following account details:
| Account Bank: | United Bank for Africa Plc |
| Account Name: | UTL Trust/DLM FIXED INCOME FUND |
| Account Number: | 1023678074 |