Lotus Waqf (Endowment) Fund
Fund Objective
For the purpose of fulfilling charitable purposes. The assets of the Fund would be invested in Shariah-compliant contracts and instruments (fixed term investments, sukuk, equities, mutual funds, commodities) with the aim of preserving the capital and generating returns. Income generated is distributed to qualifying charitable purposes in a manner that aligns with the overall objectives of the Fund.
Key Information
Fund Manager |
|
Fund Structure |
|
Fund Type |
|
Fund Launch Date |
|
Fund Benchmark |
|
Fund Size (₦m) |
|
No of Unit Holders |
|
Fund Base Currency |
|
Custodian |
|
Trustees |
|
Minimum Investment Amount
|
|
Additional Investment
Amount |
|
Minimum Holding Period (No
of Days) |
|
Early Redemption Penalty
|
|
Risk Grade |
|
Valuation Period |
|