New Money Market Fund Opens to Public from N10,000
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A new money market fund offering two billion units at N1.00 each has opened for subscription, targeting retail and institutional investors seeking short-term, low-risk returns.
The Berkshire Money Market Fund, an open-ended unit trust registered with the Securities and Exchange Commission (SEC), is being offered at par, putting the total offer at N2 billion.
According to the fund manager, Berkshire Asset Management Limited, the offer is designed to provide capital preservation, liqui
The Berkshire Money Market Fund, an open-ended unit trust registered with the Securities and Exchange Commission (SEC), is being offered at par, putting the total offer at N2 billion.
According to the fund manager, Berkshire Asset Management Limited, the offer is designed to provide capital preservation, liqui
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