Stanbic IBTC Balanced Fund
The Stanbic IBTC Balanced Fund aims to provide stable capital appreciation by investing a minimum of 40% and maximum of 60% in equities; a maximum of 60% in money market instruments, and a minimum of 20% in fixed income instruments.
Some of the benefits
Convenience
You can transact from anywhere with our online platforms (Mobile App and Web Portal)
Diversification
Our Mutual Funds mitigate investment risks by investing across a diverse range of assets thus avoiding concentration risk
Flexibility
Our array of investment products are designed to suit your financial needs. You can easily subscribe for/and redeem your investments
Security
Invest with us with the knowledge that your investment is safe
Highlights
- The Stanbic IBTC Balanced Fund (SIBAL) was launched in January 2012
- The Fund invests a minimum of 40% and maximum of 60% in equities, a maximum of 60% in money market instruments, and a minimum of 20% in fixed income instruments.
- The Fund has a 91-day minimum holding period
- The penalty for redeeming within the minimum holding period is 20% on the accrued income
- The minimum investment amount is N5,000.00
- It is an open-ended fund
- The risk profile for the Fund is “Moderately Aggressive”
- The management fee is 1.25% per annum
How to invest
Click this link to open an Instant Account
Alternatively, complete this Subscription Form and submit at any branch of Stanbic IBTC nationwide with the following documentation. Please note that you are not required to make payment at this stage. Below is a list of items you are to submit with the subscription form;
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
- Proof of address showing your name/surname
The account will be opened within one business day and your e-account number will be sent to you via email
Upon receipt of the e-account number, transfer the amount to be invested to the designated bank account (find below) using your e-account number as reference/remark etc.
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC BALANCED FUND
Account Number 1023413576
Existing Investors:
Transfer the amount to be invested to the fund account (find below) directly from your bank account quoting your e-account number as narration/description/reference.
Alternatively, you can top-up your investment by visiting the online portal or the Stanbic IBTC Mobile application
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC BALANCED FUND
Account Number 1023413576
Benefits
- Professional fund management
- Online access
- Diversification of portfolio
- Risk mitigation
How to redeem
To redeem a part or all your investments at any time:
- Option 1: Login to your mutual fund account via the web or mobile app and initiate a redemption. The proceeds of your redemption will be transferred to your nominated bank account within two (2) working days.Please note that the daily limit for online redemption is N2,500,000.00. The online redemption service is convenient, flexible and safe. To activate the online redemption service on your account, we require you to print, execute and submit the Consent Form and Agreement at our office or any branch of Stanbic IBTC Bank PLC closest to you.
Alternatively, the completed Consent Form and Agreement can be scanned and forwarded to [email protected]
Please note that this service is available to individual and joint account holders only. Institutional subscribers (e.g. Corporates, NGOs, Churches etc.) cannot be granted access to this service. - Option 2: Fill in a Redemption Form and submit at any of our branches nationwide.
The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.
-
Highlights
-
How to invest
-
Benefits
-
How to redeem
- The Stanbic IBTC Balanced Fund (SIBAL) was launched in January 2012
- The Fund invests a minimum of 40% and maximum of 60% in equities, a maximum of 60% in money market instruments, and a minimum of 20% in fixed income instruments.
- The Fund has a 91-day minimum holding period
- The penalty for redeeming within the minimum holding period is 20% on the accrued income
- The minimum investment amount is N5,000.00
- It is an open-ended fund
- The risk profile for the Fund is “Moderately Aggressive”
- The management fee is 1.25% per annum
Click this link to open an Instant Account
Alternatively, complete this Subscription Form and submit at any branch of Stanbic IBTC nationwide with the following documentation. Please note that you are not required to make payment at this stage. Below is a list of items you are to submit with the subscription form;
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
- Proof of address showing your name/surname
The account will be opened within one business day and your e-account number will be sent to you via email
Upon receipt of the e-account number, transfer the amount to be invested to the designated bank account (find below) using your e-account number as reference/remark etc.
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC BALANCED FUND
Account Number 1023413576
Existing Investors:
Transfer the amount to be invested to the fund account (find below) directly from your bank account quoting your e-account number as narration/description/reference.
Alternatively, you can top-up your investment by visiting the online portal or the Stanbic IBTC Mobile application
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC BALANCED FUND
Account Number 1023413576
- Professional fund management
- Online access
- Diversification of portfolio
- Risk mitigation
To redeem a part or all your investments at any time:
- Option 1: Login to your mutual fund account via the web or mobile app and initiate a redemption. The proceeds of your redemption will be transferred to your nominated bank account within two (2) working days.Please note that the daily limit for online redemption is N2,500,000.00. The online redemption service is convenient, flexible and safe. To activate the online redemption service on your account, we require you to print, execute and submit the Consent Form and Agreement at our office or any branch of Stanbic IBTC Bank PLC closest to you.
Alternatively, the completed Consent Form and Agreement can be scanned and forwarded to [email protected]
Please note that this service is available to individual and joint account holders only. Institutional subscribers (e.g. Corporates, NGOs, Churches etc.) cannot be granted access to this service. - Option 2: Fill in a Redemption Form and submit at any of our branches nationwide.
The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.
Forms and Downloads
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Redemption Form
Mutual Funds Redemption Form
Redemption Consent Form and Agreement
Redemption Consent Form and Agreement
We also offer
Stanbic IBTC Ethical Fund
The Stanbic IBTC Ethical Fund aims to achieve long term capital appreciation by investing a minimum of 70% of the portfolio in listed equities of socially responsible companies and a maximum of 30% in high quality fixed income securities.
Stanbic IBTC Imaan Fund
The objective of the Stanbic IBTC Imaan Fund is to achieve long–term capital appreciation by investing a minimum of 70% of the portfolio in shari'ah-compliant equities, and a maximum of 30% in other shari'ah-compliant assets such as Sukuk, with the approval of an Advisory Committee of Experts