{"id":8983,"date":"2022-02-01T10:41:21","date_gmt":"2022-02-01T10:41:21","guid":{"rendered":"https:\/\/unitedcapitalplcgroup.com\/?p=8983"},"modified":"2022-02-01T10:41:21","modified_gmt":"2022-02-01T10:41:21","slug":"sukuk-fund","status":"publish","type":"post","link":"https:\/\/unitedcapitalplcgroup.com\/launch\/2022\/02\/01\/sukuk-fund\/","title":{"rendered":"Sukuk Fund"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Benefits and features of\u00a0Sukuk Fund<\/strong><\/p>\n<p style=\"text-align: justify;\">The objective of the Fund is to provide investors with a low-risk investment with stable and competitive returns through investments in short, medium and long-term Sharia-Compliant securities and investment products, whilst ensuring the preservation of capital and maintaining a reasonable degree of liquidity.<\/p>\n<p style=\"text-align: justify;\"><strong>Minimum Investment:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Initial: 10,000 units at N1 per unit<\/li>\n<li>Subsequent: multiples of 5,000 units<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Minimum Investible Amount:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Initial: N10,000.00<\/li>\n<li>Subsequent: N5,000.00<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Redemption:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>24hrs redemption<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Minimum Holding Period<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>90 days<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Dividend payout<\/strong><\/p>\n<ul>\n<li style=\"text-align: justify;\">Annually, based on performance of the fund<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p class=\"tx-excerpt\">Benefits and features of\u00a0Sukuk Fund The objective of the Fund is to provide investors with a low-risk investment with stable and competitive returns through investments in short, medium and long-term Sharia-Compliant securities and","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,20],"tags":[],"class_list":["post-8983","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-news"],"_links":{"self":[{"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/posts\/8983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/comments?post=8983"}],"version-history":[{"count":0,"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/posts\/8983\/revisions"}],"wp:attachment":[{"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/media?parent=8983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/categories?post=8983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unitedcapitalplcgroup.com\/launch\/wp-json\/wp\/v2\/tags?post=8983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}