According to a statement released
by the firm, “The number of qualified notes on the register of the NIDF as at
the closure date of July 29, 2014 stood at 727,515.1892, and a total of N44,
167,447.1363 will be distributed to all note holders at N60.71 per note.”
“Dividends have become an important
factor for investors to consider and, at Afrinvest, we are committed to
providing value for our clients, helping them achieve their investment
objectives”, said Ike Chioke, Managing Director of Afrinvest West Africa
Limited, the parent company of the Fund Manager.
The Nigeria International Debt Fund
invests in the domestic and international debt instruments of the Federal
Government of Nigeria as well as those of the 36 States.
NIDF offers investors safety,
capital preservation, steady returns, diversification and value, and has a
consistent dividend history making it quite attractive for both individual and
institutional investors such as Pension Fund Administrators (PFAs), insurance
companies, asset managers and gratuity funds.
Afrinvest Asset Management Limited
is licensed by the Securities & Exchange Commission as a Portfolio
Manager. It is a subsidiary of Afrinvest West Africa Limited, a wealth
advisory firm involved in investment banking, securities trading, asset
management and investment research with a focus on West Africa.
