Marble Capital offers N500M Halal Fixed Income Fund 

An investment opportunity has been unveiled for risk-averse investors with appetite for steady income with the launch of Marble Halal Fixed Income Fund (MHFIF), worth N500 Million by Marble Capital Limited, a frontline Ethical and Islamic Fund Manager in the Nigerian Financial Market. 

By its Prospectus, MHFIF offered at N100 per unit at par, is an open-ended unit trust scheme that places premium on investments in Sukuk Bond and other Shariah-compliant debt and fixed income instruments. 

Under the Initial Public Offering (IPO), the holding period for an investment in the Fund is 90 days. However, Unit Holders will be issued with electronic statements as evidence of ownership. 

“The Marble Fixed Income Fund offers several compelling investment propositions. The product is accessible with a minimum investment of N10,000. It has prospects for capital preservation. It is Shariah compliant, with minimal risk, diversification opportunities, highly liquid with capacity for competitive returns. 

“These benefits align financial growth with ethical values, contributing to positive impacts. It is Sharia-compliant with strong potential to hedge against market volatility. This makes it a distinct choice for investors seeking both profit and ethical alignments, “said Marble Capital’s Managing Director and Chief Executive Officer, Dr. Akeem Oyewale.

“The Fund will seek to distribute, semi-annually in arrears, net income to Unit Holders in line with existing regulations, subject to profits realized. The income of the Fund, net of expenses, to be distributed periodically will be determined by the Fund Manager in the best interest of the Unit Holders, “he added.

Marble Capital had in April this year launched its famous N3 billion Marble Halal Commodities Fund (MHCF), domiciled in agro-economic and extractive sector. The MHCF is the first SEC-approved commodities mutual fund in Nigeria.