Investment One’s Dollar Fund offers investor comfort amid FX uncertainty

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 94%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Diversification of investment portfolio between naira and dollar assets has proven to be a superior investment strategy as it helps in saving to further dollar obligations such as vacation, schooling amongst others. Devaluation ExchangeRate Nigeria

and brings to the table conversations around devaluation of the local currency as was the case in 2016 when the local currency devaluation led to a more than 50 percent decline in the dollar value of investors’ naira assets.

With a minimum of $500, investors seeking to hedge their savings against currency risk can invest in Vantage Dollar Fund managed by Investment One Funds Management Ltd and would earn a steady return on their investment. The pool of funds will be invested in Nigerian originated dollar-denominated assets including sovereign and corporates, the firm said.

The fund is regulated by the Securities and Exchange Commission and in accordance with regulation; it has an independent trustee and custodian.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités