Stanbic IBTC Enhanced Short-Term Fixed Income Fund
The Stanbic IBTC Enhanced Short-Term Fixed Income Fund aims to provide competitive yield, liquidity and safety through a combination of various investments in short to medium term securities issued by Federal and State Governments, as well as Corporate entities with minimum credit ratings of “BBB” issued by at least one recognized local rating agency registered with the Securities and Exchange Commission (SEC).
Some of the benefits
Diversification
Our Mutual Funds mitigate investment risks by investing across a diverse range of assets thus avoiding concentration risk
Convenience
You can transact from anywhere with our online platforms (Mobile App and Web Portal)
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
- Stanbic IBTC Enhanced Short-Term Fixed Income (SEFI) was launched in February 2021
- The Fund invests a 100% of its portfolio in fixed income instruments (such as Treasury Bills, Commercial Papers, Fixed Deposits, Short Term Debt Instruments e.t.c.)
- 90 days 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
- The fund is an open-ended unit trust scheme
- The risk profile for the fund is “Moderately Aggressive”
- The management fee is 1.25% per annum
Benefits
- Competitive returns
- Professional Fund Management
- Funds can be used to secure a loan with Stanbic IBTC Bank
- Capital preservation
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 ENHANCED SHORT-TERM FIXED INCOME FUNDACCOUNT
Account Number 1023116860
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 ENHANCED SHORT-TERM FIXED INCOME FUNDACCOUNT
Account Number 1023116860
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
-
Benefits
-
How to invest
-
How to redeem
- Stanbic IBTC Enhanced Short-Term Fixed Income (SEFI) was launched in February 2021
- The Fund invests a 100% of its portfolio in fixed income instruments (such as Treasury Bills, Commercial Papers, Fixed Deposits, Short Term Debt Instruments e.t.c.)
- 90 days 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
- The fund is an open-ended unit trust scheme
- The risk profile for the fund is “Moderately Aggressive”
- The management fee is 1.25% per annum
- Competitive returns
- Professional Fund Management
- Funds can be used to secure a loan with Stanbic IBTC Bank
- Capital preservation
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 ENHANCED SHORT-TERM FIXED INCOME FUNDACCOUNT
Account Number 1023116860
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 ENHANCED SHORT-TERM FIXED INCOME FUNDACCOUNT
Account Number 1023116860
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.