Stanbic IBTC Sharia Fixed Income Fund was launched in August 2019 The Fund invests a minimum of 70% of its portfolio in Sukuk bonds and a maximum of 30% in shari’ah compliant fixed term instruments No minimum holding period The minimum investment amount is N5,000.00 It is an open ended Fund The risk profile is “Aggressive” The management fee is 1.5% per annum
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The Stanbic IBTC Shari’ah Fixed Income Fund aims to provide ethically minded investors with liquidity and competitive returns by investing in quality Shariah compliant securities such as Sukuks and other eligible fixed term contracts.
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