Enter Symbol
Coral Ethical Fund (UTCEF)


Name Coral Ethical Fund
Type Equities
1/5 Odunlami Street Lagos Island
Business Summary
The CEF was set up in May 2006. It is an actively managed open-ended unit trust scheme that invests exclusively in equities listed on the Nigerian Stock Exchange. The CEF is a socially responsible fund and will not invest in companies that are engaged in the production of weapons, narcotic drugs or derive their revenues from gambling or activities that damage the environment. The Fund Managers incentive fee is 20% of total returns in excess of 10% of Funds NAV.

Fund Manager
Name FSDH Asset Management Ltd
Address 1/5 Odunlami Street Lagos Island
Manager Fee 3.00%
Fund Trustee
Name UBA Trustees 22B Idowu Taylor Street Victoria Island Lagos
Trustees Fee 0.00%
Fund Directors
Name Designation
Rilwan Belo-Osagie Chairman
Hamda Ambah Director
Ibrahim Y Dikko Director
Aigboje Higo Jnr. Director
Registrars And Transfer Office
United Securities,
Niger House (5th foor) 1-5, Odunlami Street, PMB 12753, Lagos