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A well secured money market instrument for the risk averse investor.
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Benefits
- Earning more regardless of risk profile
- Investment in well defined instruments
- Taking the risks of the best banks in Nigeria
- Maximizing advantages of large volume funding
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Structure
MIDAS is designed to group together funds with similar tenors in a pool
vehicle for single investments, in defined and well secured money market
instruments. Structured shifts in investment vehicles, guarantees maximum yield.
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Investment Vehicle
First class local banks and top rated money market instruments.
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Minimum Entry - Investment Amount
N250,000 or $3,500.00
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Tenor
Minimum tenor 90 days
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Returns
Minimum of 400 basis points above current Treasury Bill (T/B) rate (Larger amounts are negotiable)
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