Events
ROYAL INVESTMENTS CLUB
PREAMBLE
A collective Investment Club Scheme is an avenue whereby individuals that share the same vision and passion for Investments come together and pull resources into a common pot that might not be easily possible for an individual investor.
We are used to having the local variant of this in the form of Esusu, Ajo, Turn-by-Turn etc with its attendant risks and dangers.
Investment Club hitherto is not very popular in our environment for reasons, such as lack of trust, integrity, knowledge, vision and poverty. However, now that knowledge is on the increase, it is gradually being encouraged and creating avenues for small servers to enjoy mega benefits. It is a closed family (friendship) collective investment scheme premised on trust, faith and integrity.
PRODUCT FEATURES
In order to cater for a manageable group of investors only one variant of the scheme is available:
- WaterPot (Equity) collective investment scheme;
- Minimum monthly investment - N5,000.00; (£20.00) ($40.00)
- Maximum monthly investment - N20,000.00; (£80.00) ($160.00)
- Free entry and Free exit – Investment can be discounted;
- Tenor-less;
- Maximum membership 100;
- Membership is strictly by invitation (Nigerians);
- Minimum monthly investment target = N500,000.00; (£2,000.00) ($4,000.00)
- Contribution becomes due on 5th of each months in arrears of 5 days into the new month; and
- Trust, friendship and faith.
PRODUCT BENEFITS
- Professional management of fund.
- Encourages Investment/Savings amongst members.
- Reduces Investment risk due to portfolio diversification.
- Economics of scale due to reduced transaction costs.
- Pooling of funds for better aggregate returns.
- Aggregating funds for venture capital
- Liquidity: easily converted to cash.
PARTIES TO THE SCHEME
Fund Manager:
- MERISTEMS SECURITIES LTD
Fund Administrator:
- OFFSPRING CONSULT & MANAGEMENT SERVICES LTD
Fund Trustees:
- TO BE APPOINTED LATER
INVESTMENT OF THE FUND
- Quoted Companies Stocks on the Nigeria Capital Market
- Real Estate;
- Venture Capital;
- Money Market Instruments; and
- Other emerging investment opportunities.
For Further Details:
Contact us @
OFFSPRING CONSULT & MGT. SERVICES LTD
Badagry Expressway,
Iyana-Isashi B/Stop
Amazing Grace Shopping Complex,
(Signboard Bus-Stop Isashi)
P. O. Box 120, Ijanikin
Lagos
Tel: 01-8993365, 08022909632
E-mail: springconsult@yahoo.com , contact@offspringconsult.com
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