Summit Consolidated Fund

SFC consolidated fund is a product developed specially to give individuals with lower capacity the opportunity to invest and build up their portfolio in the money and capital market instruments through pooling of funds. This involves contributions from various investors into a pool and in return, investors will receive a commercial note being evidence of their investment and share in the returns generated by the fund.

Features:

• Initial investment of =N=50,000.00 minimum.
• Subsequent deposit of =N=25,000.00 minimum made at anytime convenient.
• Investment is for a minimum of 3 months
• Total principal invested guaranteed.
• Quarterly report to be received by investors
• Termination of agreement before the end of 3 months of investing will attract a penalty of 10% of returns.
• Interest rates are very attractive and negotiable

Benefits:

• Allows for investment opportunities for small scale investors.
• Creates an avenue for constant income generation
• The product is created for risk averse investors
• Principal plus interest is guaranteed upon termination of investment after 3 months.
• Opportunity to convert to other products after investment has attained the minimum requirements of other products.