What mutual fund types do Cowry Treasurers Limited have?

• Balanced Fund
• Fixed Income Fund
• Equity Fund

How does the Cowry Treasurers Limited Funds work?

The Fund is formed by pooling funds of several individual and corporate investors and are invested in different asset classes depending on the fund type

How do I pay for a subscription to the Cowry Treasurers Limited Fund?

Units can be purchased by completing a Purchase Order Form online. Please visit our website www.cowrytreasurers.com

What is the minimum initial amount that can be invested in our mutual funds?

The minimum initial amount that can be invested is our mutual funds is N5,000 (Five Thousand Naira Only)

What is the subsequent minimum amount I can invest?

The subsequent minimum amount that you can invest is ₦5,000.

Can I invest for my children/wards?

Yes, it is possible to invest for minors.

What is the procedure for redemptions?

Unit holders can redeem all or part of their holdings on any business day as long as the conditions pertaining to redemption are met. Redemptions shall be made within 5 working days following the receipt of the redemption notice provided that all conditions are met.

Can I redeem my funds online?

es, you can redeem your funds online after you have duly completed and executed the redemption notice. Online redemptions are processed within 5 business days.

Are there any penalties for withdrawing my funds?

No, there are no penalties for withdrawals. However, within the first ninety (90) days, redemptions will incur a processing fee 20% of on INTEREST ONLY.

Where can I get a subscription/redemption Form from?

The forms can be downloaded from our website www.cowrytreasurers.com. The forms are also available at all offices of Cowry Treasurers Limited.

How do I make additional subscriptions?

Additional subscriptions can be made online when you log on to your mutual fund account, by completing a Purchase Order Form and sending an evidence of payment for the value of the units subscribed for to Cowry Treasurers Limited. You can also set up a Direct Debit by completing the Direct Debit Form.

What is the proof of investment?

You get an e-certificate after payment has been confirmed. The e-certificate indicating the number of units held by you will be forwarded to you via email.

We will send you an email containing an e-certificate showing the number of units held by you.

Can I transfer my units to another party?

Units are not transferable.

Do I have control over what the Cowry Treasurers Limited Fund invests in?

No. The Fund Manager makes all the investment decisions based on guidelines set out in the Fund’s Trust Deed.