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Nigerian Eurobond Fund

Benefits and features of the Nigerian Eurobond Fund

The Eurobond Fund is a dollar-denominated mutual fund invested in Eurobonds floated by the Federal Government of Nigeria and other qualifying Eurobonds registered by the Securities and Exchange Commission.

Benefits and features of the Euro Bond Fund:

  • Significantly higher returns than domiciliary bank accounts
  • Good hedge against the depreciation of the Naira
  • 24-hour redemption
  • Open-ended funds; they are open for new and additional investment
  • Minimum holding period of 30 days
  • Minimum Subscription: Minimum of 10 units and multiples of 5 units thereafter
  • Minimum entry amount: US$1,000.00 and thereafter multiples of $500.00
  • Significantly higher short to medium-term capital appreciation in USD with significantly higher returns projected at a minimum of 7.5% annually over a four-year period
  • Dividends to unit holders in the Fund can be collected as cash or re-invested into the Fund, further enhancing the growth of the investment.
  • Dividends are net of withholding tax to the unit holders.

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.