The United Capital Asset Management Limited (UCAM) has rolled out its N1 billion Children Investment Fund (CIF) at a minimum subscription of N5 million per subscriber through Initial Public Offer (IPO) of 5,000,000 units of N1.00 each.
The IPO was rolled out Tuesday, May 27, which is also the Children’s Day celebration.
However, the UCAM clarified that investors could make an initial subscription of N1 million and augment it with a weekly investment commitment.