United Capital Asset Management, a subsidiary of United Capital Group, has introduced a naira-denominated, open-ended mutual fund aimed at helping Nigerian parents build sustainable wealth for their children's future needs.
Unveiled during a media launch in Lagos to mark Children's Day, the Children Investment Fund is structured to support key life milestones such as education, healthcare, and future financial planning.
Group CEO Peter Ashade emphasized that the fund is inclusive, allowing parents to start with as little as ₦1 million, payable over time, despite the minimum investment being ₦5 million. This flexibility is designed to accommodate low and middle-income families.
"This initiative ensures no parent is left behind. Whether you're securing your child's future education or health needs, this fund provides a disciplined way to do it," Ashade said, highlighting that the fund will invest in a balanced portfolio of government bonds, corporate bonds, equities, and money market instruments.
He added that the Children Investment Fund is part of the company's broader vision to become a solutions provider to individuals, families, and institutions. The launch brings the total number of investment products in United Capital Asset Management's portfolio to eleven.
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Managing Director Odiri Oginni stressed the importance of early financial planning for children. "Every child deserves a strong financial start. This fund offers parents a way to plan intentionally and grow wealth steadily for their children's future needs," she said.
Investors will enjoy benefits such as capital appreciation, steady income, liquidity, annual dividends, and professional fund management.
United Capital currently manages over ₦1 trillion in assets, with more than ₦500 billion in mutual funds, offering options across low-risk, equity, dollar-denominated, ethical, and impact-driven portfolios.
This fund is expected to encourage a culture of long-term investment and financial responsibility among Nigerian families, helping parents prepare early and effectively for the future.
