GTI Money Market Fund

GTI Money Market Fund

GTI Money Market Fund is a unit trust scheme authorized by the Securities & Exchange Commission (SEC). The Fund is an open-ended collective investment scheme that provides investors with the opportunity to purchase units of the Fund at different times, continuously.

The Fund provides investors with the benefits of investing in a pool of funds and access to professionally management of same.

The fund invests in Money Market Instruments such as Treasury Bills, Commercial Papers, Fixed Deposits and any other short-term securities to maximize returns.

Features of Fund

Objectives

Income generation and capital preservation/growth for the unitholders.

Minimum Investment

5,000 units at the market price.

Minimum Tenor

180 days from the allotment.

Current Price

N1.00

Current Yield
DATEYIELD
11-Feb-202516.31%
10-Feb-202516.31%
07-Feb-202516.27%
06-Feb-202516.26%
05-Feb-202516.26%
04-Feb-202516.25%
03-Feb-202516.25%
31-Jan-202516.19%
30-Jan-202516.18%
29-Jan-202516.17%
28-Jan-202516.16%
27-Jan-202516.15%
24-Jan-202516.07%
23-Jan-202516.06%
22-Jan-202516.05%
21-Jan-202516.03%
20-Jan-202516.02%
17-Jan-202515.93%
16-Jan-202515.91%
15-Jan-202515.90%
14-Jan-202515.88%
13-Jan-202515.86%
10-Jan-202515.76%
09-Jan-202515.74%
08-Jan-202515.72%
07-Jan-202515.69%
06-Jan-202515.67%
03-Jan-202516.77%
02-Jan-202516.73%
31-Dec-202415.96%
30-Dec-202415.91%
27-Dec-202415.71%
24-Dec-202415.50%
23-Dec-202415.44%
21-Dec-202415.44%
20-Dec-202415.21%
19-Dec-202415.15%
18-Dec-202415.08%
17-Dec-202415.05%
16-Dec-202414.99%
13-Dec-202414.72%
12-Dec-202414.59%
11-Dec-202414.53%
10-Dec-202414.47%
09-Dec-202414.42%
06-Dec-202414.45%
05-Dec-202414.26%
04-Dec-202414.21%
03-Dec-202414.17%
02-Dec-202413.08%
01-Dec-202413.00%
30-Nov-202412.93%
29-Nov-202418.47%
28-Nov-202418.53%
27-Nov-202418.58%
26-Nov-202418.64%
25-Nov-202418.70%
22-Nov-202418.83%
21-Nov-202418.90%
20-Nov-202418.97%
19-Nov-202419.04%
18-Nov-202419.12%
15-Nov-202419.27%
14-Nov-202419.36%
13-Nov-202419.50%
12-Nov-202417.26%
11-Nov-202418.14%
08-Nov-202418.19%
07-Nov-202418.24%
06-Nov-202418.29%
05-Nov-202418.34%
04-Nov-202417.42%
01-Nov-202417.32%
31-Oct-202417.32%
30-Oct-202417.32%
29-Oct-202417.32%
28-Oct-202417.32%
25-Oct-202417.15%
24-Oct-202417.13%
23-Oct-202417.38%
22-Oct-202417.31%
21-Oct-202417.21%
18-Oct-202416.82%
17-Oct-202416.76%
16-Oct-202416.79%
15-Oct-202416.81%
14-Oct-202416.83%
11-Oct-202416.88%
10-Oct-202417.02%
09-Oct-202417.07%
08-Oct-202417.11%
07-Oct-202417.17%
04-Oct-202416.66%
03-Oct-202416.66%
02-Oct-202416.66%
01-Oct-202416.66%
30-Sep-202415.83%
27-Sep-202415.70%
26-Sep-202415.67%
25-Sep-202415.63%
24-Sep-202415.60%
23-Sep-202415.57%
20-Sep-202415.37%
19-Sep-202415.32%
18-Sep-202415.28%
17-Sep-202415.23%
13-Sep-202414.85%
12-Sep-202414.78%
11-Sep-202414.71%
10-Sep-202414.63%
09-Sep-202414.55%
06-Sep-202414.13%
05-Sep-202414.02%
04-Sep-202413.89%
03-Sep-202413.03%
02-Sep-202412.96%
31-Aug-202412.49%
30-Aug-202412.26%
29-Aug-202412.01%
28-Aug-202411.73%
27-Aug-202411.42%
26-Aug-202411.08%
Fund Benchmark

90-day Treasury Bill rate

Bank Details

Make a Bank Transfer to GTI MONEY MARKET FUND Account

 

Bank Name: United Bank for Africa (UBA)

Account Number:   1025024084

Account Name: UBA NOM – RADIX TRUSTEES LTD/GTI MONEY MARKET FUND

FAQ

What is GTI Money Market Fund?

It is an easy entry-and-exit open-ended fund for investors seeking low-risk investments, capital preservation and steady income.

 

What is a “Unit Trust”?

A Unit Trust pools investors’ funds to invest in money markets, managed by a fund manager, giving investors ownership units and income participation.

 

What is the primary objective of the Fund?

The primary objective is capital preservation and providing steady income derived from investments in money market instruments.

 

How many units are being offered?

1,000,000,000 units are offered at N1.00 per unit.

 

What is the Issue Price?

The issue price is N1.00 per unit

 

How much can I invest in the Fund?

You can invest as much units as possible, minimum initial investment is N5,000 (i.e. 5,000 units at N1.00 each).

 

What is the Minimum Unit of Sale of the Fund?

The minimum unit of sale is 5,000 units, with additional increments of 1,000 units.

 

What is the Minimum Holding Period of the Fund?

The minimum holding period is 180 days.

 

Will the Fund pay dividends?

Yes, dividends are paid quarterly to unit holders and can be received via direct transfer or reinvested.

 

Do I have control over what the Fund invests in?

No, investment decisions are made by the Fund Manager according to the Fund’s Trust Deed guidelines.

 

Who monitors the Fund Manager’s activities?

The Fund is regulated by the SEC with Radix Trustees Limited as the trustee. Assets are held by UBA Custodian, ensuring transparency and accountability.

 

What is the procedure for selling or redeeming my investment?

After the 180-day holding period, units can be redeemed online or via a Redemption Form, processed within five business days upon verification.

 

How do I monitor my investment?

Contact us via gtiamt@gti.com.ng or call 09082999291 to inqiure on
your investment status.

 

Can I use my holdings in the Fund as collateral for a loan?

Yes, many banks accept units as collateral, depending on their lending policy.

 

How can I keep track of my investment?

Request an account statement via email, visit the website, or use the online platform. You can also contact the relationship officer or call the contact center.

 

Can I exit my investment at any time?

Yes, investments can be sold at any time by completing a redemption form, processed within five working days.

 

What financial return will I get by investing in the Fund?

The Fund’s performance benchmark is 90-day T-bill Rate.

 

What is the target market for the Fund?

Individuals (retail and HNI) and corporate entities seeking capital preservation and steady income.