TrustBanc Asset FAQ
Frequently asked questions regarding our Asset portfolio
All our forms are available on our website https://trustbancasset.com/moneymarket/, however, you can send an email to email@example.com request for th...
Mon, 31 Aug, 2020 at 9:42 PM
Subscribers may redeem all or part of the Units held at any time after allotment. Redemptions will be paid within 48hours after receipt of the completed red...
Mon, 31 Aug, 2020 at 9:44 PM
There are no penalties for redemption
Mon, 31 Aug, 2020 at 9:46 PM
Yes you can redeem your funds online after you have duly completed and executed an online consent and redemption agreement. Online redemption are processed ...
Mon, 31 Aug, 2020 at 9:51 PM
Additional subscriptions can be made by bank transfer to TMMF account. You can also set up a Direct Debit by completing the Direct Debit Form.
Mon, 31 Aug, 2020 at 9:53 PM
The minimum initial amount that can be invested is N1,000.
Mon, 31 Aug, 2020 at 9:55 PM
The minimum subsequent amount that you can invest is N1,000.
Mon, 31 Aug, 2020 at 9:57 PM
Presently the fund is not listed however, the Fund Manager at a later date, may seek a Memorandum Listing the Fund on the NSE.
Mon, 31 Aug, 2020 at 9:58 PM
Yes, the business is regulated by the Nigerian Securities and Exchange Commission.
Mon, 31 Aug, 2020 at 9:59 PM
Unit holding in the fund may be used as collateral for obtaining credit facilities from various financial institutions.
Mon, 31 Aug, 2020 at 10:02 PM