Temitope
Temitope Akinola
The FBN Money market fund being managed by FBN Capital Asset Management has retained a fund risk rating of 'Aa(f)'. This rating which was given by Agusto & Co implies that the funds are considered to have minimal to low risk investment loss due to net asset value volatility.
FBN Money Market Fund have consistently showed high-performance yields and it offers 13.24% as at July 24th, 2015. This rating was retained as a result of good credit quality of its underlying assets, low exposure to liquidity and interest rate risks and the capability of the investment management team. For example, the portfolio manager has over 22 years of investment management experience. Another factor responsible is the zero currency risk which is the effect of denominating the investments in the Fund in Naira.
The FBN Money Market Fund is a short-to-medium term investment solution that provides stability, liquidity, and income on a quarterly basis to unit holders.
Read more on FBN Money Market Fund
FBN Money Market Fund have consistently showed high-performance yields and it offers 13.24% as at July 24th, 2015. This rating was retained as a result of good credit quality of its underlying assets, low exposure to liquidity and interest rate risks and the capability of the investment management team. For example, the portfolio manager has over 22 years of investment management experience. Another factor responsible is the zero currency risk which is the effect of denominating the investments in the Fund in Naira.
The FBN Money Market Fund is a short-to-medium term investment solution that provides stability, liquidity, and income on a quarterly basis to unit holders.
Read more on FBN Money Market Fund
