Norrenberger, a financial services group, has launched its money market fund in Abuja, a collective investment scheme registered with the Securities and Exchange Commission (SEC).
Norrenberger’s Head of Asset Management, Abigail Utomi, at the event, said the asset class offers opportunities for financial inclusivity.
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Abigail also said the Norrenberger Money Market Fund will give investors the exposure to a diversified portfolio of money market instruments, while providing capital preservation, competitive returns, liquidity, safety of funds and quarterly dividend payments.
The Managing Director, Tony Edeh, said, “We are extremely excited to present our Money Market Fund to the public as I strongly believe the launch of the fund comes at the right time following the excellent performance of our Islamic Fund,” he said.
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