Collective Investment Schemes
We offer a wide range of investment funds under Collective Investment Schemes (CIS) to investors. Our investment policies are anchored on strategies to outperform set benchmarks and funds of similar strategies. Our clients can easily access a variety of investment solutions to achieve diversification through our portfolio allocations to Government treasuries, notes and bonds, high-grade corporate bonds and notes, other fixed income instruments, and listed equities.
With our CIS, clients can trust Ashfield to help them meet their investment goals of retirement income and planning, savings, educational expenditure, family welfare and healthcare, and many more.
Ashfield manages three (3) CIS’s Below:
Schemes
Our Collective Investment Schemes (CIS) provide a platform for investors to pool their resources together, enabling access to a diversified portfolio of assets. These schemes offer a cost-effective way to invest, as the collective pool can achieve economies of scale and greater investment opportunities. Managed by our skilled fund managers, our CIS products are structured to deliver consistent performance and long-term value for our investors.
Asset Allocation and Fees
Permissible Investment / Asset Allocation
Under normal market conditions, the Fund shall hold a mix of money market securities including the following.
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Statutory Entity Bills and Bonds
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Foreign Government Treasuries and Bonds
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Bank Certificates of Deposits/Fixed Deposits
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Corporate Bonds and Debt Obligations
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Bankers’ Acceptances
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Repurchase Agreements
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Money Market Funds, and
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Commercial Papers
Asset Class | Target Allocation | Range |
|---|---|---|
Fixed Income Securities | 70% | ±10% |
Money Market Securities | 20% | ±20% |
Cash and Cash Equivalent | 10% | ±20% |
Income Distribution Policy
The scheme reinvests all its investment income. Therefore, dividends are not declared nor distributed. Investors in the scheme benefit from a growth in the net asset value of each unit/share of the scheme they hold.
Front and Exit Load Fees
Below are the redemption fees associated with this Fund:
Subscription Fee | None |
|---|---|
Redemption Fee within after 2 years | None |
Redemption Fee within 2 years | 1.0% |
Redemption Fee within 1 year | 2.0% |