Cordros Dollar Fund

 

The Cordros Dollar Fund is a mutual fund that allows you to conveniently invest and earn returns in US Dollars. The fund invests in US Dollar denominated securities like Sovereign Eurobonds, Corporate Eurobonds, Money Market instruments and other quoted Corporate Eurobonds. The objective is to offer you competitive returns than is obtainable from an average domiciliary bank accounts. 

 

DETAILS OF THE FUND 

Fund Manager:
 
Cordros Asset Management Limited
 
Base Currency:
 
US Dollar
 
Nature of the Fund:
 
Open Ended
 
Minimum Initial Subscription:
 
5 Units
 
Minimum Subsequent Subscription:
 
Multiples of 5 Units
 
Asset Classes
 
Sovereign Bonds, Corporate Bonds and Money Market
 
Dividend Distribution Annual

 

 


BENEFITS OF CORDROS DOLLAR FUND

Convenient Access to USD Investment
The fund removes the high entry-level barrier that has discouraged many investors from investing in USD denominated securities. 

Diversify from Local Currency
The fund helps you diversify your portfolio and also helps you hedge against the risk of local currency devaluation

Competitive Returns
The Cordros Dollar Fund aims to provide competivie returns than is obtainable in an average domiciliary account. 

Invest towards your Dollar Obligations
You can invest towards Dollar obligations such as education, trade, healthcare, or periodic foreign travels.  
 

 


HOW TO SUBSCRIBE TO THE  CORDROS DOLLAR FUND

You will need an active domiciliary account and all payments should come directly from your domiciliary account in US dollars. 

  1. Duly completed  Application Form - Download the form here
  2. KYC Documents. (Passport Photograph, Government Issued ID card and Utility Bill)
  3. Evidence of transfer to the Fund Account 

 

FUND ACCOUNT DETAILS
All payments should be transferred in US dollars to

To:                              StanbicIBTC Bank Plc
Swift Code:               SBICNGLX
For final Credit to:    Cordros Dollar Fund/STL Trustees
Account No:              0034999858

Correspondent Bank:   Citibank N.A 111 Wall Street New York
Swift Code:                    CITIUS33 ABA 021000089
Corresponding Bank Acct. Number: 36127476

 

DOCUMENTATION
Individual Application Form
Corporate Application Form
Abridged Fund Prospectus
Full Fund Prospectus
Frequently Asked Questions (FAQs)

 

DO YOU HAVE QUESTIONS? Let us contact you.

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