Company launches savings, investment fund

RT Briscoe Nigeria Plc has announced the launch of the ‘R.T. Briscoe Savings and Investment Fund,’ an initiative that allows investors to save towards investing in the company’s capital.
 
The fund, which is the first of its kind, has received approval from the Securities and Exchange Commission (SEC). It ensures low risk and competitive returns by investing in a diversified portfolio of high-quality money market instruments.
 
The R.T. Briscoe Savings and Investment Fund is an open-ended money market fund that aims to provide unit holders with a steady stream of income while they save towards their target investment in the company.
 
According to a statement by DLM Capital Group, the innovative approach makes it easier and more accessible for a broader range of investors to own a stake in R.T. Briscoe Nigeria, adding that investors can save towards their target investment amount over time, making it more manageable and convenient.

Group Managing Director and Chief Executive, RT Briscoe Nigeria Plc, Seyi Onajide, expressed enthusiasm about the launch, saying it demonstrates the company’s dedication to provide reliable and accessible investment opportunities. MD of DLM Asset Management, Ugonnaya Osi noted the expertise and commitment of DLM Asset Management Limited and its trusted partners.