The AVA GAM Dollar Fund is an actively managed open ended unit trust scheme, whose main objective is to achieve capital appreciation in the medium and long term for investors in USD. The fund is accessible to both retail and institutional investors who have a preference for investing in dollar denominated securities. This dollar fund will be managed by AVA Global Asset Managers Limited.
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|---|---|
| Fund Manager: |
AVA Global Asset Managers Limited |
| Currency: |
US Dollar |
| Nature of the Fund: |
Open-Ended |
| Minimum Initial Subscription: |
10 Units |
| Minimum Subsequent Subscription: |
Multiples of 5 Units |
| Asset Classes
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FGN Bonds
Corporate Bonds Money Market |
| Dividend Distribution | Annually |
You will need a domiciliary account and all payments should come directly from your domiciliary account in US dollars.
Application Form – Download below
KYC Documents. (Passport Photograph, Government Issued ID card and Utility Bill)
Evidence of transfer to the Fund Account
**Bid Price: $103.59
**Offer Price: $103.59
**Yield: 3.71%
All payments should be transferred in US dollars to
To: UNITED BANK FOR AFRICA (UBA) PLC
For final Credit to: UTL TRUST MANAGEMENT SERVICES LIMITED/AVA GAM DOLLAR FUND
Account No: 1022700288