AVA Global Asset Managers Limited has introduced a Money Market Fund, following approval from Nigeria’s Securities and Exchange Commission (SEC). Designed as a low-risk investment option, the fund aims to provide investors with a steady income stream, especially during economic instability.
The initiative is tailored for individuals looking to preserve and grow their wealth without exposing themselves to high volatility.
An official statement about the the fund read, “AVA Global Asset Managers Limited has launched its Money Market Fund, following approval from the Securities and Exchange Commission. The fund, with an offer size of N1 bn and a unit price of N1.00, was launched last week,”
Strengthening Financial Resilience
Efe Shaire, Managing Director of AVA Global Asset Managers (AVA GAM), emphasised the importance of such secure investment options, particularly in challenging times. This fund offers investors a stable way to safeguard and grow their capital, he noted.
Chief Investment Officer Mayowa Ikotun also highlighted the fund’s broader impact, stressing that initiatives like this contribute to Nigeria’s overall economic growth by fostering financial stability.
AVA GAM operates as a SEC-licensed asset management division under AVA Capital Group, serving individual, institutional, and governmental clients. The company provides investment advisory, portfolio management, and other financial solutions beyond traditional asset management.
