Information! Please note that CASH is not an acceptable mode of payment.
How to Invest
Complete this account opening form and submit it at either of our Lagos and Abuja branches of Alpha Morgan Capital Managers with the following documentation.
- One passport photograph for each applicant
- A government-issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
- Proof of address.
Alternatively, completed forms together with the required documentation can be forwarded to the email address: mutualfund@alphamorgan.com
Bank: UBA
Account Name: UBANOM-STL TRUSTEES/ALPHA MORGAN BALANCED FUND
Account Number: 1025012368
FAQs
Frequently Asked Questions
- What is a Balanced Fund?
- What does the Alpha Morgan Balanced Fund invest in?
- Is there a guaranteed Rate of Return on a Balanced Fund investment?
- How and against what should I benchmark the performance of a Balanced Fund?
- What are the risks involved?
- Are there any penalties for withdrawing my funds?
- What is the procedure for redemptions?
- Where can I get a subscription/redemption Form from?
- What is the minimum initial amount that can be invested?
- What is the minimum amount I can withdraw from the investment?
- Can I invest for my children and my investment club?
- Can I transfer my units to another party?
- Do I have control over what the Mutual Fund invests in?
- How long should I stay invested in the Mutual Fund?
A Balanced Fund is a Mutual Fund that predictably comprises of a mix of fixed income/money market securities and equities. The aim of the Balanced Fund is to provide capital appreciation over time while mitigating against the volatility associated with investments in equities by investing in fixed income securities. The Fund is geared towards investors seeking for a mix of safety, income and modest capital appreciation
The fund invests in a blend of Equities Securities quoted on the Nigerian Exchange Limited (NGX) and in high quality Fixed Income Securities.
No. Generally, Mutual Funds do not offer guaranteed returns to the investors. The return on the Fund is dependent on the performance of the underlying assets and the ability of the fund manager to efficiently manage the risk and return tradeoff.
Firstly, the performance of a Balanced Fund can be benchmarked against other Funds of similar type. The fund can also be measured against an established market index. The Alpha Morgan Balanced Fund can be benchmarked against the average composite index of the NGX 50, S&P Sovereign Bond index and 90 day treasury bill index.
Typically, Balanced Funds are designed for investors with medium to high-risk appetite. Risk is an inherent aspect of every form of investment. The associated risks with a Balanced Fund would include period-by-period fluctuations in the total return of the fund, price and volume volatility in the stock markets, foreign investment changes in government policy, political, economic, or other developments.
A minimum holding period of 180 days is required in the fund; early redemptions/withdrawals during the 180 days holding period will attract a penalty charge of 10% on the accrued income of the redemption amount.
You will be required to complete a Redemption Form and return to the Fund Manager. Once these documents are verified, the redemption request will be processed within 3 – 5 business days.
The forms are available at either of our Lagos and Abuja branches of Alpha Morgan Capital Managers Limited at no cost to subscribers. Alternatively, the forms can also be downloaded from our website www.alphamorgan.com.
The minimum initial amount that can be invested in the Alpha Morgan Balanced Fund is N10,000.
Investors seeking to redeem a part of their holdings will be required to maintain a minimum ongoing balance of N5,000.
Yes, it is possible to invest for minors, clubs, and groups.
No, your units cannot be transferred directly to any other customer’s account.
No. The Fund Manager makes all the investment decisions based on guidelines set out in the Fund’s Trust Deed.
The Fund is open-ended and there is no minimum period of participation.