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NSE introduces
guidelines to check arbitrary price movements...full
story
Shareholders differ on uniform year-end policy...full
story
BUSINESS NEWS
Transcorp investors to get dividend next year...full
story
Firms to establish seven auto plants in Nigeria
...full story
QUOTES
By three methods we learn wisdom: First, by reflection, which
is noblest; Second, by imitation, which is easiest, and third by
experience, which is the bitterest
...Confucius
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We aim to be your financial services firm
of choice; in the building and management of wealth, by using the best tools to deliver superior service and returns.
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Cashcraft Asset Management® Limited was incorporated in 1991.
We are registered with the Securities and Exchange Commission as brokers,
dealers, portfolio managers and investment advisers. We are a financial services,
asset management and advisory company, an innovator committed to helping employees,
clients and people from all walks of life ...
Anchor
Fund: This product is an open ended
mutual fund managed by Cashcraft for investors who seek
investment in a fund that affords superior
returns from a balanced asset allocation strategy.
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Bedrock
Fund: This product is an open ended
equity based mutual fund managed by Cashcraft for
investors who seek superior returns from investments in
equities of 20 most capitalized companies listed on the Nigeria Stock Exchange
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Personal Earnings Annuity Scheme(P.E.A.S.):
Save for a rainy day! With as little
as N50,000 only, you could start building a secure
financial future. Executive P.E.A.S.:
For investors interested in investing for no longer
than five (5) years.
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Portfolio Builder:
This product gives you a no loss situation, and a very
reasonable return on your investment.
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Major Indicators
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| Index |
Friday, May 09, 2008 |
Ytd % Growth |
| Security |
Gain |
Price |
|
3.50 |
250.50 |
|
3.01 |
228.01 |
|
2.07 |
43.52 |
|
1.69 |
35.83 |
| Security |
Loss |
Price |
|
(14.66) |
293.26 |
|
(2.29) |
56.60 |
|
(2.10) |
127.01 |
|
(1.40) |
46.60 |
Avg. Exchange Rate (Naira)
|
=N= to |
GBP |
USD |
Official |
227.38 |
115.78 |
| Export |
229.34 |
116.78 |
| Parallel |
228.36 |
116.28 |
Avg. Interest Rates |
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Low |
High |
Bank Lending |
16.5 |
18.21 |
| Interbank |
8.99 |
18.21 |
| Deposit |
3.19 |
9.67 |
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