The Coral Income Fund (CIF) is an open ended, income-based unit trust scheme, which was launched in June 2006. The Fund’s structure permits a maximum investment of 30% in quoted equities, while the balance is invested in high-quality fixed-income securities and in the money market. The primary objective, therefore, of the CIF is to achieve capital preservation over the long-term. The CIF was established to provide investors with an investment outlet that provides stable but competitive returns in excess of inflation.
This Fund enables investors to preserve capital while achieving stable and consistent income flow.
Initial investors must invest an initial minimum of N50, 000.00. Additional minimum investments of N10, 000.00 can be made thereafter.  Redemption can be made after a five business days’ notice has been given in writing to the Fund Manager, FSDH AM
Our target investors for this Fund are individual investors with low risk appetite such as retirees, pensioners and institutional investors such as retirement benefit schemes, insurance companies, co- operatives, endowment funds, fund managers, banks, investment clubs and associations, etc. In addition, Nigerian citizens based abroad as well as other foreign individual & institutional investors can invest in the CIF.


  • Returns on Investment 
The CIF enables investors achieve returns over the long term through economies of scale.
  • Safe & Stable Investment 
The CIF invests mainly in a diversified pool of investment grade fixed income securities with up to 30% exposure to equities and will consequently, enable investors to preserve capital, achieve stable returns and consistent income flows.
  • Liquidity of your Investment 
 The CIF is a liquid investment as unit holders can redeem their investment within five business days.
  • Enhanced Efficiency of your Investments 
 The pooled nature of the CIF will significantly reduce transaction costs to the individual investor and lead to higher yields.
  • Diversification of your Investment 
The CIF is an alternative asset to include in your total investment portfolio and can serve as a benchmark for your other investments. 
The diversified nature of the CIF also implies that as an investor in the CIF you are an investor in several high quality companies at the same time.
  • Professional Expertise of the Manager 
 You are relieved of the day-to-day administrative burden of:
  1. Making investment decisions 
  2. Collecting dividend warrants and share certificates from the Registrars  
  3. Eliminating unauthorized sale of your shares 
  4. Reconciling your CSCS statement 
  • Borrowing 
 Investments in the CIF can also serve as collateral for a facility from any financial institution, subject to their internal credit policy.
  • Savings Vehicle 
 The CIF enables investors to establish and manage, on an on-going basis, a savings plan that can serve as a pension plan, asset replacement plan, health plan, education plan etc. . Investors in the CIF can on a regular basis (e.g. monthly, quarterly) increase their investment in the Fund, by either transferring additional funds or by issuing a direct debit instruction to their banks to debit their account with a stated sum and credit same to the CIF.

The Direct debit forms can be filled and submitted to the fund Manager for onward processing. Kindly contact the Fund manager for additional information on setting up a direct debit instruction.
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