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Legacy USD Bond Fund

Legacy USD Bond Fund (the Fund) is an open-ended, relatively high-yield US Dollar denominated mutual fund. The Fund seeks to generate stable income over the long-term and is more suitable for investors seeking medium to long-term capital growth. It is registered with the Securities and Exchange Commission, Nigeria. The minimum subscription is 1,000 units at the prevailing market price per unit.

This Fund is a convenient way of saving towards long-term goals, including future foreign currency-related expenses such as tuition fees and property acquisition. Dividend income earned on investments is paid in US Dollars.

Key Benefits and Features

  • Generates stable income for investors over the long term.
  • Offers investors a hedge against both inflation and Nigerian Naira devaluation.
  • Flexible entry and exit.
  • Returns are paid in USD.
  • Opportunity to apply for Access to concessionary bank loans from First City Monument Bank Limited at relatively concessionary rates.
  • Continuous investment can be made into the Fund.
  • Competitive interest rates on investments.
  • Direct debit option to automate investment.
  • Expert management of your investment in the Fund.
  • 6 months minimum investment holding period.

*Please read the Prospectus and where in doubt, consult your stockbroker, fund/portfolio manager, accountant, banker, solicitor or any other professional adviser for guidance before subscribing.

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