Alpha Morgan Dollar Fund
Information! Please note that CASH is not an acceptable mode of payment.
How to Subscribe
You’re a few steps away! To subscribe, kindly download and complete the Account Opening form for the Alpha Morgan Dollar Fund below, then attach with the following listed documents
- 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.
The filled Application Form, with the above listed documents should be forwarded to the email address: [email protected] and/or can be submitted at our Lagos and Abuja offices.
Bank: United Bank for Africa Plc
Account Name: EAC Trustees/Alpha Morgan Dollar Fund
Account Number: 1025012313
- What is a Dollar Fund?
- Is there a guaranteed Rate of Return on a Dollar Fund Investment?
- How should i benchmark the performance of the Dollar Fund?
- What does the Alpha Morgan Dollar Fund invest in?
A Dollar Fund is a Mutual fund that predictably comprises of a mix of dollar denominated Eurobonds, floated by the Federal Government of Nigeria ("FGN") and other qualifying Nigerian Top Tier Corporate Eurobonds and dollar denominated money market instruments issued by Nigerian issuers.
Determination of returns of the Fund is dependent upon key macro-economic indicators, interest rates of the markets, the performance of the underlying assets and the ability of the Fund Manager to efficiently manage the risk and return trade-off.
The performance of the Alpha Morgan Dollar Fund can be benchmarked against other Funds of similar type. The fund can also be measured against an established market index. The Alpha Morgan Dollar Fund will be benchmarked against the yield of the prevailing S&P Financial Markets Dealers Quotations (FMDQ) FGN Eurobond Index.
The Fund is designed to provide investors access to diversify their income stream by allocating a target weight of up to 55% of the Fund’s asset to Dollar Denominated fixed income instruments issued by the FGN, up to 30% in top quality Corporate Eurobonds and up to 15% in dollar denominated money market instruments issued by Nigerian Issuers.
