Q: What is the investment objective of the
Eurobond Fund?
The Fund is a US Dollar denominated open-ended
mutual fund which seeks to provide competitive returns,
liquidity, and diversification of assets . The Fund shall
invest in Eurobonds issued by the Government and
Corporates, as well as FGN Non USD Sovereign.
Asset Allocation Range
FGN Euro Bonds 35%-70%
Corporate Euro Bonds 0%-40%
FGN Non-USD Sovereign 0% - 10%
Short Term Instruments < 1 year (Treasury bills,
Commercial papers, Bankers' Acceptance, Bank
Placement etc.) 5%-35%
Cash 0%-5%
Q: Any risks I should know about?
Although there are many benefits to the Eurobond Fund
as with all investments, there are a few risk investors
should be aware of before investing in the Eurobond
Fund including:
Ÿ Interest rate risk – When interest rates fall, bond
prices rise. When interest rates rise, bond prices fall
and the Fund could lose some value thereby
impacting the share price negatively.
Ÿ Inflation risk - Increasing inflation poses risk for bonds
and investments that pay a fixed amount of income. If
prices rise due to inflation, but the interest payments
you receive don't change, you might lose a bit of
purchasing power.
Ÿ Call risk - Some bonds are sold with a call provision
that gives the issuer the right to redeem (call) the
bond and return the principal before it matures.
Bonds are more likely to be called when interest rates
fall, and the issuer can issue new bonds at lower
interest rate.
Q: Who are the Trustees of the Fund, and what is
their role?
The Trustees to the Fund is STL Trustees. They have a
legal duty to protect the interest of the Unit holders.
Their activities will include ongoing supervision of
compliance with the investment policies of the Fund.
Q: Who monitors the Fund Manager's activities?
The Trustees act in fiducial capacity by overseeing the
INVESTMENT MANAGERS
management and operations of the Fund. They oversee
the performance of the fund, approve the rules and
regulations under which it performs (internal rules and
regulations), and oversee the fund's compliance
program. The Trustees provide supervision and ARM Eurobond Fund
oversight and are not involved in day-to-day
management.
Q: Who manages the ARM Eurobond Fund? FACTS YOU NEED TO KNOW ABOUT
THE ARM EUROBOND FUND
The ARM Eurobond Fund is managed by ARM
Investment Mangers Ltd, a subsidiary of Asset & Please read the Prospectus and where in doubt, consult your stockbroker, fund /
portfolio manager, accountant, banker, solicitor or any other professional adviser
Resource Management Holding Company Ltd (ARM), for guidance before subscribing.
one of Nigeria's leading asset management companies.
ARM Investment Managers Ltd is registered with the
Securities & Exchange Commission (SEC) as a Fund
Manager. ARM Investment Managers Limited has an Q: What is the ARM Eurobond Fund?
“AA” rating from Agusto & Co. The ARM Eurobond Fund (“the Fund”) is an open-ended
mutual fund that invests in US Dollar denominated
Eurobonds, issued by the Federal Government of
Nigeria, as well as top-tier corporates. Subscribers can
CONTACT US FOR MORE INFORMATION:
expect to earn competitive medium to long term returns
on their USD holdings investment in the Fund better
than they would receive on domiciliary deposits. The
ARM Investment Managers Limited
primary objective of the Fund is to provide a vehicle for
1 Mekunwen Road, Ikoyi, Lagos
investors seeking medium to long-term income and
growth.
ARM INVESTMENT CENTER LOCATIONS
Lagos Investment Centers:
Ÿ 68C Coker Road, Ilupeju, Lagos
Abuja Investment Center:
Ÿ 129 Adetokunbo Ademola Crescent, Wuse II
Port Harcourt Investment Center:
Ÿ 12 Circular Road Presidential Estate II, Off GRA
Junction, Port-Harcourt.
Onitsha Investment Center:
Ÿ 60A Old Market Road, Onitsha (Opposite Broadway
Cinema)
CUSTOMER SERVICE:
Ÿ enquiries@arminvestmentcenter.com
Ÿ 0700 CALL ARM (0700 2255 276), + 234 (1) 271 5000
Ÿ www.arminvestmentcenter.com
Q: Why should I invest in the ARM Eurobond Fund?
Here are benefits you enjoy when you invest in this Fund:
Competitive returns
Competent professional Fund Managers utilizing a
robust risk management framework
With a minimum investment of USD 1,000 It allows
investors have access to US Dollar denominated
securities
Better returns than the average domiciliary deposit
account
A good asset for currency diversification
Long term income generation
Suitable for financial planning or other long-term
life events
Q: Do I have a say in what the Fund invests in?
Unfortunately, no. The Fund has a defined and approved
asset allocation. The Fund Manager uses her expertise
to determine where to invest in line with the approved
asset allocation
Q: What is the minimum guaranteed rate of return?
While the Fund cannot guarantee a specific rate of
return, returns are projected to be competitive and the
Fund manager will work towards achieving this
objective.
Q: Who can invest in the ARM Eurobond Fund?
Anyone can invest in the Fund. The Fund is attractive to
all investors who desire periodic income and have low
risk appetite. Individuals with available cash balances
can also take advantage of the Fund to earn higher rates
of return. Institutional clients who desire competitive
returns can also take advantage of the Fund.
The Fund is open to individuals (irrespective of
nationality), institutions, entities, firms, societies and
employee schemes amongst others. The Fund accepts
participation of foreign and non-resident investors.
Q: How much can I invest in the Fund? Q: What will I receive as evidence of my investment
in the Fund?
There is no maximum; however, the minimum initial
investment is USD 1,000 while additional investments As a unit holder, you will receive an acknowledgement of
shall be amounts not less than USD 100 and in multiples the funds via SMS and email for the number of units
of USD 100. purchased after the allotment has been approved by
SEC. In addition, you will be able to access your account
online via the client portal (My Wealth Planner) -
Q. How can I start an investment?
https://arminvestmentcenter.com/Account/Login
You can start investing in the Fund by completing a
subscription form and making payment into the bank
account by initiating an Interbank or offshore transfer of Q: Can I exit my investment at any time?
funds. Submit your completed subscription forms and
Yes, you can liquidate your investment at any time.
payment instruments or evidence of payment by mail to
However, any exit made within three (3) months of the
enquiries@arminvestmentcenter.com or to any ARM
initial subscription or any subsequent investment in the
Investment Center nearest to you.
Fund will attract a 20% penalty on any interest accrued
for the same period. You will be required to complete
and execute the redemption form. This document
INFLOW THROUGH NEW YORK (USD)
should be returned to the Fund Manager's office or sent
Citibank New York to the email stated at the back of the document. The
Transfer to 111, Wall Street, New York, redemption process should not exceed five working
NY 10043 days from the time the Fund Manager receives your
Swift Code CITIUS33 executed redemption form.
For credit to Citibank Nigeria
Swift Code CITINGLA
Q: Will I be charged when I make a transfer or
redemptions?
Account Number 36055521
In line with the Finance Bill (also known as the Finance
FOR FURTHER CREDIT TO Act 2019) by Central Bank of Nigeria, investors will incur
Account Name STL Trustees/ARM Euro Bond Fund the applicable bank transfer charges for subscriptions
and redemptions
Rsvd Account Number 0011607156
Cur USD
Q: How can I subscribe as a foreign investor?
The Fund assets are denominated in US Dollars, and
capital inflows by foreign investors who subscribe to the
Fund shall be invested in US Dollars and do not require
Certificates of Capital Importation (CCI). The bank
transfer details for the Fund are indicated on the
subscription form and on the website. Completed
subscription forms and payment instruments or
evidence of payment are required to be sent by mail to
enquiries@arminvestmentcenter.com