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ARM Aggressive Growth Fund ARM Discovery Balanced Fund ARM Eurobond Fund ARM Fixed Income Fund ARM Money Market Fund ARM Short Term Bond Fund ARM Short-Term Eurobond Fund ARM Sharia Compliant Fixed Income Fund ARM Specialized Dollar Fund MOFI Real Estate Investment Fund ARM Halal Balanced Fund

MOFI Real Estate Investment Fund

Fund Objective

The primary purpose of the MOFI Real Estate Investment Fund (MREIF) is to provide long-term, low-cost mortgages. This initiative is specifically designed to enable the sale of homes until we achieve 1 million homes. By offering accessible financing options, MREIF aims to address the significant housing deficit in Nigeria, ensuring that affordable housing becomes a reality for many Nigerian citizens by enhancing affordability and the ease of housing delivery.

Fund Overview Fund Performance Fund Portfolio Dividend History Fund Financials Fund Managers Fund Downloads Our Views

Financials

Year Ending
Net Income (₦'000)
Total Expenses (₦'000)
Profit/(Loss) before Taxation (₦'000)
Taxation (₦'000)
Total Income/(Loss) for the year (₦'000)
Closing Net Assets (₦'000)
Income Growth
Fund Management Costs to Income Ratio
Growth in AUM
Closing NAV Per Unit (₦)
Change in Audited NAV Per Unit
Fund Auditors
Expense Ratio

Our data and information provided is based on public data, our regulatory intelligence effort, from our archives, and other public sources such as from Fund Managers, FMAN, Pension Fund Administrators (PFAs), PenOp, etc. We have taken care to ensure that the information is correct, but MoneyCounsellors neither warrants, represents, nor guarantees the information's contents, nor does it accept responsibility for any errors, inaccuracies, omissions, or inconsistencies contained herein. Because past performance does not predict future performance, it should not be used to make an investment decision. We make no product recommendations. No news or research item should be interpreted as a personal recommendation to buy, sell, or switch any investment. Investments and the income generated by them rise and fall in value, so you may receive more or less than you invested.