Meristem Dollar Fund

Mutual Funds

The Meristem Dollar Fund is an open-ended mutual fund, and the sale of the units shall be invested in Investment grade sovereign and corporate Eurobonds, and other qualifying USD instruments issued by Nigerian entities as may be determined by the investment committee. The fund is targeted at investors who seek Dollar denominated securities, and who would ordinarily not have access to these investments, given the minimum investment amount required for such investments. The offer size is USD5,000,000 (offer 500,000 Units of USD10.00 each at par in the Fund)

  • Price
  • Bank Details
  • Benefits
  • Documents

PRICE: $10.1202(per unit)

ULTIMATE BENEFICIARY: EA Trustees Meristem Dollar Fund
ULTIMATE BENEFICIARY ACC NUMBER: 1000161462
BENEFICIARY BANK: Rand Merchant Bank Nigeria Ltd
BENEFICIARY BANK SWIFT FIRNNGLA
INTERMEDIARY/CORRESPONDENT BANK: Bank of America NEW YORK
INTERMEDIARY/CORRESPONDENT BANK SWIFT: BOFAUS3N
CURRENCY USD ($)

The Fund provides an opportunity for investors seeking long-term capital preservation whilst generating income and providing liquidity, diversification, and protection against currency fluctuation. The Fund also seeks to assist investors who may not be able to invest in various individual dollar denominated fixed-income securities due to expertise or the minimum tradeable size constraints to achieve their long-term investment goals.