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What is The Stanbic IBTC Guaranteed Investment Fund?

April 26, 2017fund guaranteed ibtc Investment stanbic

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What is The Stanbic IBTC Guaranteed Investment Fund?

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A. The Stanbic IBTC Guaranteed Investment Fund (“The Fund” or “The Guaranteed Investment Fund”) is an open-ended mutual fund. The primary objective of The Fund is to achieve long–term capital appreciation of its assets, through investing in a portfolio of fixed income securities including Federal Government bonds, State Government bonds, money market securities and other securities approved by the Securities & Exchange Commission.