Fund Operations
Minimum Additional Investment
Definition
What is Minimum Additional Investment?
The smallest amount an existing investor may add after opening an account.
Example in practice
How This Looks in Practice
After the initial purchase, the fund accepts additions from ₦1,000.
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Related Terms
Fund Operations
Dealing Cut-Off Time
The deadline by which a valid fund instruction must be received for a particular dealing day.
Fund OperationsValuation Point
The specified time at which a fund values its assets and calculates dealing prices.
Fund OperationsForward Pricing
A fund-pricing method under which orders receive a price calculated after the instruction is accepted.
Fixed IncomeBond
A debt security through which an investor lends money to an issuer in return for promised payments.