By Chukwuma Umeorah
Marble Capital Limited has launched its Commodities Fund as part of its commitment to diversify financial investments in the capital market and to engage more players and investors to grow the nation’s economy.
Speaking at the launch in Lagos, Wednesday, the Chief Executive Officer, Akeem Oyewale said that the “Marble Halal Commodities Fund” was born out of the need to provide investors with income diversification and to generate returns by investing in diverse commodity instruments.
“We believe that the commodities fund would revolutionize the financial investments industry by offering some by offering income diversification. In addition to providing investments option that puts the ethical conviction of the investors first, the Fund would also contribute to economic growth, improve the commodities industry and democratize investment access for investors across the aisle.”
He added that the fund is open to both retail and institutional investors and with N3 billion secured in the fund at N30 million units of N100 each, the Marble Halal Commodities Fund is managed by professionals and meets all the regulatory requirements to assure investors the safety of their investments.
“We are regulated Securities and Exchange Commission (SEC), we are professionals in this space, and as experienced fund managers, we have gone through a lot of training to identify which investment we would put your money in and at what point in time. We also know when to sell an investment when we feel it has reached its potential.”
On his part, the Chairman of Marble Capital, Ali Ango noted that a lot of people are ready to invest but are unable to get the kind of investments that aligns with their expectations especially in the ethical realm. He reiterated the their commitment to ensuring that investors get full benefits of their investments.
Oluwafunto Olasemo, the Vice President of Financial Market at AFEX, one of the partners of the Marble Halal Commodities Fund commended the efforts while noting that there was need to encourage more of such investments option with particular focus in Agriculture as it would help to breach the funding gap in the sector, provide employment, beef up infrastructure and further strengthen the nation’s economy.
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