IPO for Kedari Investment Fund Opens


Kedari Capital has announced the opening of its Kedari Investment Fund initial public offering to interested investors and the general public.  The Fund which opened on the 11th of July 2016 and is set to close on the 19th of August 2016 is an open-ended unit trust scheme which invests predominantly in fixed income securities as well as in equity securities.

The Investment Fund was designed for investors seeking to optimise their returns at minimal risk and also provides a relatively cheap opportunity for investors to build wealth at a considerably lower risk than direct stock investments and higher potential returns than fixed income instruments.

In his comment, Chairman of Kedari Capital, Segun Aina noted that “with this Fund we are offering investors the opportunity to have access to professional portfolio management, a highly liquid Fund where investors can cash in their investments within the stated rules in the Fund’s Trust Deed. Additional units in the Fund can be created and purchased on demand by subscribers on an on-going basis at a price computed in accordance with the Securities and Exchange Commission of Nigeria’s approved basis for computing offer price.”