Home United Capital introduces Children Investment Fund for lifelong financial growth

United Capital introduces Children Investment Fund for lifelong financial growth

Share
Share

By Chioma Obinagwam

United Capital Asset Management (UCAML), a top-tier subsidiary of United Capital Group, unveiled its latest offering, the Children Investment Fund (CIF), at a launch event held at the Wheatbaker Hotel in Lagos.

Confiance News reports that this naira-denominated, open-ended mutual fund is designed to help Nigerian parents and guardians invest in their children’s future, targeting key milestones such as education, healthcare, and other capital needs.

The CIF provides a disciplined, professionally managed investment vehicle to foster long-term financial security for children. Dr. Odiri Oginni, Managing Director/CEO of UCAML, emphasized the fund’s purpose, stating, “The Children Investment Fund enables parents to build a financial foundation for their children’s future. Starting early is key to ensuring a strong head start, whether for education, healthcare, or other needs.”

With the CIF’s introduction, Confiance News gathered, UCAML now oversees 10 open-ended mutual funds, solidifying its position as Nigeria’s second-largest mutual fund manager. Its diverse portfolio includes low-risk income funds, equity-focused options, dollar-based funds, and ethical investment vehicles, catering to varied financial goals and risk profiles.

The Group CEO of United Capital Plc, Peter Ashade, highlighted the fund’s alignment with the company’s mission of financial inclusion and wealth creation. “This launch reflects our commitment to inclusive financial solutions that empower future generations. Investing in children today strengthens Nigeria’s economic future,” he said.

Managing over ₦1 trillion in assets, including ₦500 billion in mutual funds, Confiance News learns, UCAML continues to lead through innovation and expertise. The Children Investment Fund is poised to uphold the company’s track record of outperforming market benchmarks, offering families a reliable path to intergenerational wealth.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Member

Don't Miss

Why NCC Directed Telecom Operators to Compensate Subscribers for Poor Network Service

‎By Chioma Obinagwam‎‎The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service...

How DataPro’s free AI training is upskilling financial journalists

By Chioma Obinagwam Africa’s fastest-growing credit rating agency, DataPro, is offering journalists, editors, and financial communicators free hands-on training in financial analysis and...

Related Articles

Why NCC Directed Telecom Operators to Compensate Subscribers for Poor Network Service

‎By Chioma Obinagwam‎‎The Nigerian Communications Commission (NCC) has directed Mobile Network Operators...

How DataPro’s free AI training is upskilling financial journalists

By Chioma Obinagwam Africa’s fastest-growing credit rating agency, DataPro, is offering journalists,...

The Tax Trap Most Nigerian Entrepreneurs Are Walking Into

By Chioma Obinagwam Nigeria has rewritten its tax rules. Millions of business...

Naira exchange rate: What Nigerians must know

By Chioma Obinagwam Adaeze and Chisom had been friends since their Unizik...