IMB Energy Master Fund holds AGM

Unit holders of the IMB Energy Master Fund would converge at Protea Hotel, GRA, Ikeja in Lagos State on June 30, 2015 for the Fund’s yearly general meeting.

The meeting will consider the report and financial statements of the Fund, which is managed by First City Asset Management Limited (a subsidiary of CSL Stockbrokers Limited, a member of FCMB Group Plc), for the year ended June 30, 2014.

This meeting, will among other things, seek approval of the Amended and Restated Trust Deed, which formally changes the name of the Fund from IMB Energy Master Fund to Legacy Short Maturity NGN Fund.

The Fund’s investment strategy would be significantly altered, as the new Fund would no longer invest in equities but Money Market Instruments and short-dated bonds.