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Introducing the United Capital Stable Income Fund:

A Low-risk Mutual Fund for High-Value Investors

United Capital Asset Management Ltd., a subsidiary of leading Pan-African investment and financial services group, United Capital Plc, proudly announces the launch of a new mutual fund, the United Capital Stable Income Fund. This new fund underscores the company’s commitment to delivering innovative and reliable financial solutions for investors.


The United Capital Stable Income Fund is a specialized, open-ended, Naira-denominated mutual fund that invests in a diversified portfolio of money market and fixed-income securities, including government bonds, corporate bonds, and other fixed-income securities. Designed as a low-risk investment product, the fund aims to provide investors with stable returns over a medium to long-term period while ensuring the preservation and protection of their capital.


Odiri Oginni, MD/CEO of United Capital Asset Management Ltd., expressed her enthusiasm about the new fund: “We are thrilled to introduce the United Capital Stable Income Fund, the latest fund in the array of our mutual fund offerings, to the investing public. This fund was created in response to the growing market demand for low-risk investment options that offer stability and consistent returns, especially amidst current market volatility. It offers a well-diversified portfolio and is specially designed for investors who prioritize capital preservation and steady growth, ensuring that investors can achieve their financial goals with confidence and peace of mind.”


Projecting the performance of the fund, she added: “We are confident that the fund will perform excellently in the market. It is professionally managed by top-tier portfolio managers who use innovative strategies, thorough market research, and analysis of pricing trends, to ensure the fund performs optimally.”


In addition to capital preservation and consistent returns, the Stable Income Fund offers investors annual dividends and an opportunity to invest in a diversified portfolio aimed at providing competitive yield, liquidity, and safety. With a minimum investable amount of ₦50,000,000.00 and a minimum subscription of 500,000 units and multiples of 100,000 units thereafter, the fund targets Qualified Institutional Investors and High Net Worth Individuals (HNIs) as defined by the Securities and Exchange Commission (SEC) rules.


United Capital Asset Management has cemented its place as an industry leader, consistently demonstrating an upward trajectory in the fund management space. Recent statistics place the company as the second-largest Collective Investment Schemes Fund Manager and an asset manager to over N900billion in terms of assets under management. The business recently disbursed dividend payouts of $8,339,100 to unitholders of its dollar-denominated mutual funds and N6,149,550,000 to unitholders of its naira-denominated mutual funds.


About United Capital Plc


United Capital Plc remains a leader in the financial and investment services space, offering a robust suite of service offerings: Investment Banking, Asset Management, Trusteeship, Securities Trading, Wealth Management, and Consumer Finance. The group aims to transform the African continent by providing innovative and creative investment banking solutions to governments, companies, and individuals.


The group is listed on the Nigerian Exchange Limited (NGX) and is at the forefront of becoming the financial and investment role model across Africa by leveraging on innovation, technology, and specialist skills to exceed client expectations, while creating more value for all stakeholders.

JOSEPH ONYEMA

Head, Group Enterprise Performance Management
Joseph Onyema
Joseph is the Head, Group Enterprise Performance Management at United Capital Plc.
Over the last 16 years, Joseph has worked with and led teams whose responsibilities cut across a major spectrum of technology transformational and retail growth projects and consultancy. Joining the group in 2017, Joseph started out leading the technology team for 5+ years in the position of the Group, Chief Information Officer, a role in which his focus on execution to reposition the business was exemplary, hence leading to increased digital presence, retail growth and improved revenues, with keen focus on our growth during the COVID-19 pandemic where the business was run totally virtual and saw outstanding growth in customers, revenue and profitability.​
Leveraging on his education, performance, experience and spirit of execution, Joseph transitioned to the Group Head, Enterprise Performance Management, where he brings his analytical and technological prowess coupled with his background in managing teams and businesses to bare in monitoring and tracking business units and employees performances, while helping them to improve in their performance and ensuring the group continues to win in all its endeavours.
Before joining United Capital, Joseph headed the Group Technology Operations at Cordros Capital Limited where he transitioned the business from a High Net-worth Individual (HNI) focused business to retail-focused business with total leverage on technology to drive B2C sales across verticals while exploring new markets and partnerships. Prior to Cordros Capital, he had led the Enterprise & Cloud Services team at Soft Solutions Limited, an IT Consultancy firm with a footprint across 15 Nigerian banks on enterprise security, cloud projects, and consultancy where he developed, deployed, and led support teams to manage several financial and FMCG application suites.
A Tony Elumelu entrepreneur from 2016 before joining the group, and a member of the prestigious Beta Gamma Sigma international business honor society, continues to reinvent himself and deliver exceptionally to the United Capital family.