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Wealth for Women Fund

Benefits and features of Wealth for Women Fund

The Wealth for Women Fund aims to encourage women to imbibe a savings culture towards retirement. It is a retirement planning tool that invests in fixed-income instruments and in companies with significant women representation on their boards and management teams (public companies only).

The Fund aims to provide an avenue for women to be financially independent and create a sustainable foundation for women’s financial empowerment and development in Nigeria. A maximum of 80% of the Fund’s assets is invested primarily in Naira-denominated fixed income and high-yielding instruments while 20% of the assets is invested in carefully selected quoted stocks from the Nigerian Stock Exchange. Subscriptions can start as low as N10,000 with multiples of N5,000 thereafter.

Benefits and features of Wealth For Women Fund:

  • Start with a minimum of just N10,000 and expect capital appreciation over a long period (typically over a year)
  • High liquidity (24-hour redemption)
  • Minimum holding period of 30 days
  • A diversified portfolio that offers competitive returns while safeguarding capital.
  • Returns are not subject to withholding tax to the unit holders.
  • Offers the option of cash distribution or reinvestment of distributions.
  • Managed by experienced fund management team with track record of outperforming benchmarks.
  • Valuation is done daily

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.