Introduction

DLM Money Market Fund is an actively managed, open-ended unit trust scheme designed for investors seeking capital safety, investment liquidity, diversification, and competitive returns. The Fund will invest in a diversified portfolio of high-quality money market instruments, all of which will have a rating no lower than investment grade.

   

Key Features

• Capital Safety - Low-risk, investment-grade instruments ensuring safety of invested capital
• High Liquidity - Redeem units without additional charges within 48 hours after the Minimum Holding Period
• Diversified Portfolio - Exposure to various money market instruments reducing individual asset risks
• Competitive Returns - Delivers attractive returns with strong capital protection focus
• Actively Managed - Professional fund managers ensure optimal performance and risk management
• Flexible Access - Buy or redeem units on any Business Day (subject to Minimum Holding Period)

 

Investment Details

Minimum Holding Period

The Minimum Holding Period is thirty (30) calendar days from the date of subscription. Unitholders will be eligible to withdraw their investment after the Minimum Holding Period.

Investment Portfolio

The Fund invests in a diversified portfolio of high-quality money market instruments including banker's acceptances, certificates of deposit, commercial papers, collateralized repurchase agreements, and fixed/tenured deposits with eligible institutions.

Redemption Process

Unitholders shall be eligible to redeem all Units held at the Bid Price on any Business Day after the Minimum Holding Period without additional charges. Unitholders must submit the necessary redemption documents as specified by the Fund Manager. Documents must be received at the Fund Manager's office on or before 3pm to be deemed received on the same day. Redemptions shall be effected at the Bid Price within 48 hours after the relevant documents have been submitted.

 

Fund Structure

Actively Managed Open-Ended Scheme

The Fund is actively managed by professionals to ensure optimal performance and risk management. Investors can buy or redeem units continuously on any Business Day.

Investment Grade Standard

The Fund only invests in money market instruments rated no lower than investment grade, ensuring a conservative and secure risk profile.

Naira Denomination

The Fund is denominated in Naira, offering local currency exposure with a diversified asset base across multiple instruments.

 

Who Should Invest?

This Fund is ideal for investors seeking:

• Capital safety and preservation
• High liquidity with flexible access to funds
• Diversified money market exposure
• Competitive returns with low risk
• Short to medium-term investment opportunities

 

Important Considerations

Strengths

• Capital Protection - Focus on investment-grade instruments ensures capital safety
• Rapid Liquidity - Quick redemption within 48 hours provides excellent flexibility
• Diversification - Exposure to multiple instruments reduces concentration risk
• Expert Management - Professional fund managers optimize performance and manage risks
• Low Entry - Accessible investment vehicle for conservative investors

Limitations

• Minimum Holding Period - 30-day holding period may limit flexibility for very short-term investors
• Naira Currency - Denominated in Naira, not ideal for foreign investors seeking other currency exposure
• Investment Grade Only - Restriction to investment-grade instruments may limit higher-return opportunities

 

Key Benefits Summary

1. Active Professional Management - Professionally managed to ensure optimal performance and risk control
2. Competitive Returns with Safety - Balance of attractive returns with capital protection focus
3. Quick Liquidity - Redeem within 48 hours, offering significant flexibility
4. Diverse Asset Base - Exposure to wide range of high-quality, short-term instruments
5. Investment Grade Assurance - All investments maintain investment-grade ratings or higher