Coremars Money Market Fund

The Coremars Money Market Fund (“CMMF”) is a professionally managed, open-ended investment fund designed to provide investors with access to a diversified portfolio of eligible short-term money market instruments. The Fund seeks to provide competitive income while maintaining a strong focus on capital preservation and liquidity.

When you invest in the Fund, your money is pooled with that of other investors and professionally managed by Coremars Asset Management. The Fund invests in eligible money market instruments such as government securities, commercial papers, bankers’ acceptances and fixed deposits, in accordance with its investment strategy and applicable regulations.

The Fund is designed for a broad range of investors, including individuals, businesses, corporate organisations, institutions and other eligible investors, subject to the Fund’s terms, applicable regulations and onboarding requirements.

The Fund seeks to provide investors with an opportunity to earn competitive income while preserving capital through a diversified portfolio of high-quality, short-term money market instruments.

The Fund may invest in eligible money market instruments, including short-term government securities, commercial papers, bankers’ acceptances, fixed deposits and other permissible money market instruments, subject to the Fund’s investment policy and applicable regulatory requirements.

Yes. Your investment is pooled with those of other unitholders and professionally managed by Coremars Asset Management in accordance with the Fund’s investment strategy, governing documents and applicable regulations.

A Money Market Fund can provide investors with professional investment management, diversification, liquidity and an opportunity to earn income on short-term funds. It can also be useful for investors looking to put surplus cash to work rather than leaving it idle.

Yes. The fund is regulated by the Securities and Exchange Commission, and investments are made in low-risk, short-term instruments to minimize exposure to market volatility.

No. Investment returns are not guaranteed. The Fund’s performance may vary depending on prevailing market conditions, interest rates, the performance of underlying investments and other factors.

Returns are generated from the income and gains earned on the Fund’s underlying investments. The actual return to investors will depend on the performance of the portfolio and prevailing market conditions.

To invest, prospective investors will need to complete the required account-opening and subscription documentation, provide the necessary identification and compliance information, and fund their investment through the approved subscription process.

• Visit the Coremars Asset Management Limited website or office.
• Download and complete the Application Form.
• Provide the required KYC documents (e.g., Passport Photograph, valid ID, proof of address).
• Make your initial investment via bank transfer or other approved payment methods.
• Scan and email your completed Application Form to clientservices@coremars.com.
• Receive your unit certificate or confirmation of investment.

The minimum holding period for an investment in the Fund is thirty (30) days (“Minimum Investment Period”). Unitholders can redeem their Units within five (5) Business Days following receipt of a Redemption notice together with the latest statement of Unit holding by the Fund Manager or any of its Agents. Investors may redeem all or some of the Units held at any time after allotment.

The minimum initial investment is ₦5,000 and subsequent investment of ₦1,000.

The Fund is managed by Coremars Asset Management, a professional asset management firm responsible for managing the Fund’s portfolio in accordance with its investment mandate, governing documents and applicable regulations.

Income distributions will be made quarterly, at the end of each calendar quarter, to all eligible Unit Holders. Investors may choose to either reinvest their distributions in the Fund or have the amount credited directly to their nominated bank account.

Yes. Subject to eligibility and applicable onboarding requirements, businesses and corporate organisations can invest in the Fund as a way of managing surplus cash, liquidity and short-term investment needs.

A Money Market Fund provides access to a professionally managed portfolio of eligible money market investments rather than leaving funds entirely in a conventional deposit account. It may offer investors an opportunity to earn income on surplus funds while maintaining access to their investment, subject to the Fund’s redemption terms. The Fund is an investment product and is not a bank deposit.

The Coremars Money Market Fund has an annual expense ratio of 3.5%.

For further inquiries:

• Email: clientservices@coremars.com
• Phone: +234 (0) 707 464 4732, +234 (0) 707 464 4733
• Website: www.coremars.com/mutualfunds
• Office Address: 7th Floor, ED Building, 47 Marina Street, Lagos, Nigeria