United Capital Asset Management Limited (UCAML) has introduced a new mutual fund designed to help Nigerian families build long-term wealth for their children.
NaijNaira learnt that the new fund—The Children Investment Fund (CIF)—was officially launched in Lagos. The event was held at the Wheatbaker Hotel and attended by financial experts and stakeholders.
CIF is a naira-denominated, open-ended mutual fund offering Nigerian parents and guardians a way to invest steadily in their children’s future needs, such as education and healthcare.
Speaking at the launch, Dr. Odiri Oginni, Managing Director of UCAML, emphasized the importance of early financial planning.
“We believe that every child deserves a good financial head start, and this fund is our contribution to building that foundation for the next generation,” said Oginni.
She noted that the fund is professionally managed, allowing families to invest in a structured and disciplined manner.
With this launch, UCAML now manages 10 open-ended mutual funds, making it Nigeria’s second-largest mutual fund provider. The company’s offerings range from low-risk income funds to dollar-denominated and ethical investment funds.
Peter Ashade, Group CEO of United Capital Plc, connected the fund to the company’s broader commitment to financial inclusion and long-term wealth development in Nigeria.
He explained that empowering the next generation through early investment is part of building a stronger economy.
UCAML currently oversees more than ₦1 trillion in assets, with over ₦500 billion in mutual fund assets under management.
Ashade added that the company’s performance has remained above market averages thanks to innovative products, expert fund management, and a strong client-first focus.
The Children Investment Fund aims to follow this successful path and offer Nigerian families a reliable way to plan for the next stage in their children’s lives.
Article updated 6 days ago. Content is written and modified by multiple authors.
