GABS Turbo Fund
Looking for competitive returns on Naira-denominated investments? The GABS Turbo Fund, registered with the SEC, invests 100% of its assets in short, medium, and long-term instruments, including government and corporate securities. This fund is perfect for retail and institutional investors seeking bond market participation with smaller initial investments.
Invest Smart with GABS Turbo Fund
FAQs
Is the return on my investment in the GABS Turbo Fund tax-free?
Yes, the return on your investment in the GABS Turbo Fund is completely tax-free, allowing you to maximize your earnings without any deductions.
What type of investment structure is the GABS Turbo Fund?
The GABS Turbo Fund is an open-ended collective investment scheme constituted under a Trust Deed. This means the fund is designed to continuously accept new investments and allows for redemption of units by investors.
How frequently are returns paid out?
You have the option to receive interest payments quarterly, or you can choose to reinvest the interest back into the fund to further grow your investment.
How long does it take to redeem my investment?
Redemption typically takes 5 working days, allowing for a smooth and timely payout.
What kind of assets does the GABS Turbo Fund invest in?
The fund invests in a diversified portfolio of Naira-denominated Fixed Income instruments, providing a stable and competitive return for investors.
What is the minimum investment required to subscribe to the GABS Turbo Fund?
The minimum subscription is 50 units at the prevailing price per unit. You can add more to your investment in increments of 10 units.