The R.T. Briscoe Savings and Investment Fund is an open-ended collective low risk investment scheme designed for individual and institutional investors seeking stable income generation with capital preservation through investments in high quality money market instruments.
Introduction
The R.T. Briscoe Savings and Investment Fund is an open-ended collective low risk investment scheme designed to provide investors (Individual and Institutional) with a combination of capital preservation, liquidity, and competitive short-term returns through investments in high quality money market instruments. The Fund is sponsored by R.T. Briscoe Nigeria Plc and managed by DLM Asset Management Limited, a licensed investment management firm with experience in portfolio management, risk management, and structured financial solutions.
Key Features
- Low-risk and Competitive Returns - Stable income generation with professional fund management
- Capital Preservation - Designed to protect your initial investment
- High Liquidity - Easy access to your funds after the minimum holding period
- Minimum Subscription - Start investing with just ₦10,000
- Online Monitoring - Real-time access to monitor fund performance
- Quarterly Dividends - Regular income distributions (can be reinvested or paid into your account)
Investment Details
What We Invest In
The Fund may invest in Treasury Bills, Commercial Papers, Bankers' Acceptances, Certificates of Deposit, Fixed and Tenured Deposits, Short-Term Government Securities, High-Grade Corporate Debt Instruments and other SEC-approved money market instruments.
Minimum Holding Period
The Minimum Holding Period is One Hundred and Eighty (180) calendar days from the date of subscription. Unit holders will be eligible to withdraw their investment any business day after the Minimum Holding period.
Redemption Process
Unit holders shall be eligible to redeem all the Units held by them at the Bid Price on any Business Day after the Minimum Holding Period without additional charges. Unit holders must submit the necessary redemption documents as specified by the Fund Manager, and such documents must be received at the Fund Manager's office on or before 12pm to be deemed received on the same day. Redemptions shall be effected at the Bid Price within Five (5) working days after the relevant documents have been submitted to the Fund Manager.
Fund Structure
Open-Ended Investment Scheme
The Fund operates as an open-ended investment scheme, allowing investors to subscribe and redeem units continuously throughout the life of the Fund.
Professional Management
The Fund is managed by experienced investment professionals with expertise in fixed income and money market investments, ensuring optimal portfolio performance and risk management.
Income Distribution
Dividend distributions are made quarterly, providing investors with regular income opportunities.
Who Should Invest?
This Fund is ideal for investors seeking:
- Low-risk investments with stable returns
- Short-term investment opportunities
- Liquidity preservation with flexibility
- Diversified exposure to money market assets
- Regular income through quarterly distributions
Sign-Up and Process
Investors interested in the RT Briscoe Savings and Investments Fund can sign up by completing the necessary application forms through the web portal. Investment documents (KYC) must also be submitted. Once signed up, you will be able to invest in units of the Fund based on the conditions set forth.
Open an Account: https://forms.dlm.group/app/form?id=2lyEsw
Important Considerations
Limitations
- Minimum Holding Period - Investors must maintain their units for a minimum period before redeeming them, which may limit the flexibility for short-term investors
- Naira Currency - The Fund is denominated in Naira, meaning it may not be ideal for foreign investors or those seeking exposure to other currencies
Key Benefits Summary
- Open-Ended Structure - Subscribe and redeem units continuously throughout the life of the Fund
- Liquidity - Redeem units after the minimum holding period with flexibility and quick access to funds
- Professional Fund Management - Managed by experienced investment professionals
- Competitive Returns - Delivers returns above traditional savings products while maintaining a conservative risk profile
- Regular Income - Quarterly dividend distributions provide consistent income opportunities