FSDH Account Type

FSDH offers various types of investment accounts tailored to meet different financial goals and risk appetites. The primary account types include:

• Coral Balanced Fund (CBF): An actively managed, open-ended unit trust scheme designed for long-term capital growth, investing primarily in large capitalization equity and fixed income securities.

• Coral Money Market Fund (CMMF): This fund invests exclusively in money market instruments with maturities of less than 365 days, offering higher returns than traditional savings accounts.

• FSDH Dollar Fund: An open-ended mutual fund that invests in US dollar-denominated fixed income securities issued by Nigerian sovereign and corporate entities.

• Coral Income Fund (CIF): An income-based, open-ended unit trust scheme focused on preserving consistent income flows through fixed income securities and money market instruments.

• Coral Fixed Income Note (CFIN): This product is designed for short-term obligations, investing in interest-bearing instruments with tenors ranging from 90 to 365 days.

• Coral Treasury Bill Note (CTBN): Enables retail investors to buy federal government treasury bills in the primary market with a minimum investment.

• Privately Managed Portfolio (PMP): Tailored portfolios to meet specific investment objectives, including endowment and gratuity funds.

FSDH Broker Account Opening Process

Opening an account with FSDH is a straightforward process that can be completed in a few steps:

• Visit the FSDH Account Opening Page: Go to FSDH Account Opening.

• Select Investment Type: Choose the type of investment account you wish to open, such as Coral Balanced Fund, Coral Money Market Fund, etc.

• Provide Personal Information: Fill out the required personal information, including your name, address, email, and financial details.

• Submit Application: After completing the application form, submit it for review.

• Verification Process: FSDH will review your application, and you may be contacted for additional information or verification.

• Fund Your Account: Once approved, you will need to fund your account to begin investing. This can typically be done through electronic transfer from your bank.

• Start Investing: After funding your account, you can start making investments according to your selected investment strategy.