File: /home/rtbrisc/public_html/investment/content.php
<section class="flat-row about pad-top0px">
<div class="container">
<div class="row">
<div class="col-md-6">
<div class="image-single">
<img src="images/savings.jpg" alt="image">
</div>
</div><!-- /.col-md-6 -->
<div class="col-md-6">
<div class="about-right">
<h5 class="text-justify">
<b> R.T. BRISCOE SAVINGS AND INVESTMENT FUND</b><br/>
<br/>
Over the years, Money market fund have made a name for being one of the simplest and most
affordable ways for individual investors to realize their short, medium, and longterm investment goals.
Investing in this money market fund is easy and rewarding and much more the plus advantage to
convert holdings to Equity ownership in a renowned organization like R.T. Briscoe.<br>
<br><b>Investment Objective and Policy</b></br><br/>
The Fund will operate as an open-ended fund with the
primary objective of providing Unit holders the opportunity to earn a steady
stream of income and capital preservation. The Fund will invest in a
diversified portfolio of high-quality money market instrument not lower
than investment grade rating such as, unsubordinated short term debt securities,
such as banker’s acceptances, certificates of deposits, financial commercial papers,
collagenized repurchase agreements; Deposits (fixed/tenured)
with eligible institutions and other instruments as specified from time to time by the SEC.
<br/><br/>
<b> FEATURES OF THE FUND - INDICATIVE TERMS OF THE FUND </b><br/>
<br/>
<b>Quick Facts: </b><br/>
1,000,000 units offered for subscription. <br/>
Issue Price @ N1,000 each <br/>
Minimum Subscription - 10 units = N 10 , 000
</h5>
<table style="border-collapse: collapse; width: 100%; ">
<thead>
<tr style="background-color: navy; color: white;">
<th style="padding: 10px;">Fund Manager</th>
<th style="padding: 10px;">DLM Asset Management Limited</th>
</tr>
</thead>
<tbody>
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Fund Sponsor</td>
<td style="padding: 10px;">R.T Briscoe Nigeria Plc.</td>
</tr>
<tr style="background-color: lavender; color: blue;">
<td style="padding: 10px;">Trustees</td>
<td style="padding: 10px;">UTL Trust Management Services</td>
</tr>
<!-- Alternate the background color -->
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Custodians</td>
<td style="padding: 10px;">First City Monument Bank Limited</td>
</tr>
<tr style="background-color: lavender; color: blue;">
<td style="padding: 10px;">Fund Rating</td>
<td style="padding: 10px;">A1 by Data Pro Limited</td>
</tr>
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Currency of the Fund</td>
<td style="padding: 10px;">Naira</td>
</tr>
<tr style="background-color: lavender; color: blue;">
<td style="padding: 10px;">Issue Size</td>
<td style="padding: 10px;">1,000,000 units</td>
</tr>
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Issue Price / Unit</td>
<td style="padding: 10px;">1,000</td>
</tr>
<tr style="background-color: lavender; color: blue;">
<td style="padding: 10px;">Offer Price</td>
<td style="padding: 10px;">N10,000</td>
</tr>
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Minimum Holding Period</td>
<td style="padding: 10px;">180 Days</td>
</tr>
<tr style="background-color: lavender; color: blue;">
<td style="padding: 10px;">Redemption</td>
<td style="padding: 10px;">TAT-Five business working days</td>
</tr>
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Pre-Liquidation Penalty</td>
<td style="padding: 10px;">25% on the income accrued on Investment on the date of redemption</td>
</tr>
<tr style="background-color: lavender; color: blue;">
<td style="padding: 10px;">Equity Option</td>
<td style="padding: 10px;">Unit conversion to equity</td>
</tr>
<tr style="background-color: #ffffff;">
<th colspan="2" style="align: center;"><br/>Contact Us <br/><br/></th>
</tr>
<tr style="background-color: lavender; color: blue;">
<td style="padding: 10px;">DLM Asset Management Ltd<br/>
Phone Number: +2348076772494 <br/>
Email: asset@dlm.group <br/>
Website: http://dlm.group/ <br/>
</td>
<td style="padding: 10px;">R.T. Briscoe Corporate Services<br/>
Phone Number: +234 8090503875
Email: briscoemail@rtbriscoe.com
Website: www.rtbriscoe.com </td>
</tr>
<!-- End of Table rows -->
</tbody>
</table>
<br/>
The Investment Committee will be responsible for determining the Investment
Policy of the Fund and the asset allocation range in accordance with prevailing market conditions. <br/><br/>
<b><u>Asset Allocation:</u></b><br/>
The Fund shall invest a maximum of 100% in quality money market
instruments not lower than investment grade with a maximumtenorof 365 days.
The weighted average maturity of the Fund’s portfolio shall not exceed ninety (90) days.
The permissible asset classes within theFund are as follows:
<br/>
<ul style="list-style-type: disc;">
<li>High quality money market instrument, unsubordinated short-term debt securities, such as banker’s acceptances, certificates of deposits, commercial papers, collateralized repurchase agreements etc.</li>
<li>Deposits (fixed/tenured) with financial institutions;and eligible</li>
<li>Other instruments introduced and approved by the Central Bank of Nigeria from time to time.</li>
</ul>
<table style="border-collapse: collapse; width: 100%;">
<thead>
<tr style="background-color: lavender;">
<th style="padding: 10px;"></th>
<th style="padding: 10px;"></th>
</tr>
</thead>
<tbody>
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Bank Placements</td>
<td style="padding: 10px;">5 - 20</td>
</tr>
<tr>
<td style="padding: 10px;">Short term Government Securities</td>
<td style="padding: 10px;">25 - 40</td>
</tr>
<tr style="background-color: #ffffff;">
<td style="padding: 10px;">Short Term Notes</td>
<td style="padding: 10px;">25 - 40</td>
</tr>
<tr>
<td style="padding: 10px;">High Grade CPs</td>
<td style="padding: 10px;">30 - 60</td>
</tr>
<!-- Repeat the above row pattern for 6 more rows -->
</tbody>
</table>
<br/>
The Fund Manager shall issue 1,000,000 Units of the Fund at the Offer Price to the public. <br/><br/>
<i>The minimum subscription amount is ₦10,000. The minimum investment in the Fund that one or joint Unitholder(s) may make is ten (10) Units of the Fund at ₦1,000 per Unit and additional Units shall be issued in multiples of five (5) and shall be payable in full upon subscription.</i>
<br/><br/>
<h4>How To Subscribe To The Fund</h4>
<p>
Fill out the required subscription forms and documentation. This may include a subscription agreement and a know-your-customer (KYC) form. <br/><br/>
<em>Use the KYC link below to fill all required information and pledge amount.</em>
<br/>
<strong><a href="https://dlm.group/rtbfund/" target="_blank"> R.T. Briscoe Savings & Investment Fund Subscription</a></strong>
</p>
<br/><br/>
<h4>Contact Us</h4><br/>
<p><strong>Fund Manager:</strong><br/>
DLM Asset Management Ltd<br/>
<strong>Phone Number:</strong> +2348076772494<br/>
<strong>Email:</strong> asset@dlm.group<br/>
<strong>Website:</strong> http://dlm.group/ <br/><br/><br/>
R.T. Briscoe Corporate Services<br/>
<strong>Phone Number:</strong> +234 8090503875 <br/>
<strong>Email:</strong> briscoemail@rtbriscoe.com <br/>
<strong>Website:</strong> www.rtbriscoe.com <br/><br/>
</p>
</div>
</div><!-- /.col-md-6 -->
</div><!-- /.row -->
<div class="flat-divider d30px"></div>
</div><!-- /.container -->
</section>