Asset and Resource Management Company Ltd set up ARM Dsicovery Fund on the 1st of January 1995 as a private fund known as the Equity Growth Fund. The Funds name was changed to the discovery fund in 2002 when it was converted to a public fund. The name was changed to ARM Discovery Fund in 2006. The Fund Manager is entilted to an incentive fee of 30% of the amount by which the total annual return exceeds 10% of the Funds NAV
Fund Manager
Name
ARM Investment Managers
Address
1 Mekunwen Road Ikoyi Lagos
Manager Fee
1.50%
Fund Trustee
Name
First Trustees Nigeria Ltd 42/43 Marina Lagos
Trustees Fee
0.18%
Fund Directors
Name
Designation
Mr. Felix Ohiwerei
Chairman
Mr. A Alli
Director
Mr. C. Okeke
Director
Ms. J Ogundare
Director
Registrars And Transfer Office
First Registrars, Plot 2 Abebe Village Road, Iganmu, Lagos