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Sapphire Fund
The BGL Sapphire Fund aims to achieve competitive returns for investors interested in earning attractive returns in the medium to long term by investing in a diversified portfolio of investment grade fixed income securities. The principal sum invested in the Fund is guaranteed against any diminution in value, provided the Units are held for a minimum of three (3) months.
The Fund is open-ended and investors are at liberty to subscribe to its units through the Fund Manager or any other Agents approved by the Fund Manager.
Sapphire Fund Profile
| FUND MANAGER | BGL Asset Management Limited |
| ISSUING HOUSE | BGL Plc |
| TRUSTEE | UBA Trustees Limited |
| UNITS OF SALE | N10,000 and multiples of N1,000 |
| STRUCTURE | Open ended; Medium to long term horizon |
| INVESTMENT | Up to 75% in Bonds, 25% invested in fixed income securities |
| LOCK-IN PERIOD | 3 Months (90 days) |
| TARGET | The Fund is appropriate for investors with low risk appetite who wish to avail themselves of the opportunities of earning attractive returns in the money market |
Sapphire Fund Projection
| SAPPHIRE FINANCIAL HIGHLIGHTS | 2011 N'000 |
2012 N'000 |
2013 N'000 |
|---|---|---|---|
| NAV | 2,000,000 | 2,124,756 | 2,313,835 |
| UNDISTRIBUTED INCOME | 124,756 | 189,079 | 252,646 |
| NAV at end of year | 2,124,756 | 2,313,835 | 2,566,481 |
| Dividend Per Share | 2K | 2K | 3K |
| Earnings Per Share | 8K | 12K | 16K |
| Earnings Yield | 8% | 12% | 16% |
| Dividend Yield | 8% | 2% | 3% |
Sapphire Fund Benefits
The BGL Sapphire Fund offers investors the following benefits:
- No risk of principal loss as this principal is guaranteed
- Improves investors savings habits by encouraging proper financial planning
- Mitigates long term financial commitments, thereby preventing high interest rates borrowing
- Exposes investors to a rapidly growing bod market at a reduced cost of participation in the fixed income market
| STEPS | SAPPHIRE FUND SUBSCRIPTION PROCESS | SAPPHIRE FUND REDEMPTION PROCESS |
|---|---|---|
| 1 | Obtain subscription forms (downloadable / hard copy) | Obtain redemption forms (downloadable / hard copy) |
| 2 | Complete subscription form and sign appropriately | Complate redemption form and sign appropriately |
| 3 | For payments below N10 million, cheque should be raised in favour of 'BGL Nubian Fund' and both submitted to BGL Asset Management Limited directly or through a recognised agent | Forward redemption form together with original certificate to the Fund manager |
| 4 | Offer price on the date of cheque clearing will be applied in ascribing units in the Fund | Bid price on the prior trading date before submission will be applied in redeeming units to the Fund |
| 5 | Certificate will be issued by the registrars and delivered in accordance wit the mail preference expressed by the investor | For payments below N10 million, cheque will be raised in favour of 'Subscriber' and collected from BGL Asset Management Limited with valid identity documentation |
| 6 | Additional/subsequent subscriptions will be evidenced by new certificates for teh new subscription |
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Nubian Fund
The Fund aims to achieve superior returns for investors interested in earning attractive returns in the medium to long term by investing in equities, money market and fixed income instruments such as Bonds, Treasury Bills and treasury certificates in Nigeria.
A minimum of 70% of the assets of the Fund will be invested in equities while not more than 30% would be deployed in fixed income and money market instruments. The Fund is appropriate for investors who wish to subscribe on behalf of their wards or dependants as a means of securing their future.
The Fund is open-ended and investors will be at liberty to subscribe to its units through the Fund Manager or any other Agents approved by the Fund Manager after the IPO. Although
the Fund has an initial target of 500,000,000 units, the Fund Manager will issue additional Units of the Fund to subscribers on demand after the initial tranche of 500,000,000 Units has been fully subscribed, subject to the Commission's approval and registration of the additional units.
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Equity Partnership Fund - Information Memorandum
The BGL Equity Partnership is a Limited Partnership proposed for the purpose of taking advantage of short term swings in the Nigerian equities market. It takes off the stress of client’s taking investment decisions on their capital market invest and rest the burden on the funds manager who is experienced to take such decisions while making reasonable returns on the investment.Equity Partnership Fund - Information Memorandum
Equity Partnership Fund - Account Opening Form
Guaranteed Consolidated Notes
The BGL GCN is a high yield investment product with a guaranteed rate of return on your investment. The fund is suited for those investors seeking guaranteed returns and very low risk on their investments. A key selling point of the fund is that it allows for quick, easy and efficient conversion to full direct equity exposure. The Fund provides an alternative investment in high yield and managed risks with investments in discountable instruments of reputable financial institutions, fixed income securities including debt instruments issued by blue chip companies, capital market investments, etc.
GCN - Individual Account Opening Form
GCN - Corporate Account Opening Form
BGL Corsica Fund
The BGL Corsica Fund is BGL’s first private real estate investment fund. The Fund will invest in various real estate development projects across Nigeria with an initial focus on strategic locations across Lagos e.g. Ikoyi, Victoria Island and Lekki.
The Fund will pay a guaranteed return of 20% per annum p.a. to all investors who retain their investments in the fund for a lock-in period of 18 months and beyond.
It is targeted at individual and institutional investors with a low risk appetite and a medium term investment horizon.