| |
Principal Products
Our three principal products are
trading in quoted shares, financial
advisory services and fund
management services.
Brokerage Services
On behalf of our clients, we buy and
sell securities at rates stipulated
by the Council of The Nigerian Stock
Exchange and approved by the
Securities and Exchange Commission
(SEC).
FINANCIAL ADVISORY/ISSUING HOUSE
SERVICES
Financial Advisory/ Issuing House
Services
Corporate Advisory
With our crop of qualified,
experienced and motivated personnel
FUSL offers well packaged and
comprehensive advisory/issuing house
services to corporate clients
desiring to raise fund in the
capital market by way of Private
Placement or Public Issues. We also
advise on optimal financing and
capital structure and provide
underwriting services for public
offers on request
Corporate Restructuring
Apart from assisting corporate
bodies to raise funds in the capital
market, FUSLalso offer financial advisory
services to companies engaged in
mergers and acquisitions and other
forms of corporate restructuring.
Portfolio/Asset Management Services
We provide portfolio management
services on discretionary and
non-discretionary basis. Under the
discretionary portfolio management
services, we manage, monitor and
take investment;' decisions on our
client's behalf and render regular
performance reports to them. This
allows our clients to concentrate on
their primary assignment while
earning appreciable returns on their
investment.
The non-discretionary portfolio
management service provides exactly
the same benefits as the
discretionary portfolio management
service except that investment and
divestment decisions are taken by
the client.
Trade Finance and Marging Trading
FUSL extends short-term credit
facilities to borrowers with local
purchase orders from blue chip
companies. Loans are also provided
for the acquisition of shares quoted
on the Nigerian Stock Exchange.
Information & Research
One of our strongest points is
our ability to provide our clients
with processed information about
individual companies and industries
through our monthly newsletter,
Daily & weekly Stock Market Update
and quarterly industry reviews. Our
research activity is reflected in
the quality of investment advice we
provide our clients.
Brokerage Accounts
Our range of brokerage accounts
includes the following:
Basic Stock broking Account
This is a basic account for
individuals and corporate investors.
Minimum account opening balance is
N500, 000. Trading is done on the
instruction of account holder.
Reserve Stock broking Account
This
account is for high net worth
individuals and professionals who
require independent monitoring of
their portfolio.
Features
-
Minimum account opening balance of
N1, 000,000
-
Dealing on the instruction of the
account holder
-
Free quarterly' portfolio review on
request
-
Membership of the FUSL Premium Club
on the attainment of an annual
trading volume of N10million
Nominee Account
This account is for high net worth
individuals and professionals who
require active management and
independent monitoring of their
portfolio.
Features
-
Account is operated as Nominee
Account in the CSCS which provides
facilities for trading in shares
through special accounts that will
not necessarily disclose the
identity of the investor.
-
Minimum account opening balance of
N5miliion
-
Dealing on the instructions of the
account holder
-
FUSL is responsible for the
collection of dividends, liaison
with the Registrar and CSCS,
processing of certificates of
capital importation where required
and other administrative functions
-
Some services might attract a fee
-
Free quarterly portfolio review
-
Membership of FUSL Premium Club on
the attainment of an annual trading
volume of N 10million
-
Margin facilities
Asset Management Account
This is an account for
professionals, high net worth
individuals, institutional investors
and pension funds that prefer FUSL
to make investment decisions on
their behalf subject to agreed
parameters.
Features:
-
Minimum account opening balance of
N25million Account is operated as
Nominee Account in the CSCS
-
FUSL will be responsible for choice
of investments subject to guidelines
agreed at regular intervals
-
FUSL is responsible for collection
of dividends, liaison with the
Registrars and CSCS, processing of
certificates of capital importation
where required and other
administrative functions
-
Quarterly portfolio review
-
Automatic membership of FUSL Premium
Club that entities account holders
to receive FUSL research reports
free of charge
-
Management fee of 1%or10%
of asset the profit
generated by FUSL for the
portfolio,
payable quarterly in arrears but
subject to meeting exceeding
specified benchmark. No fee is
charged in the event that your
account does not make profit.
Minimum participating period is
one year.
-
With a shareholders' fund of
over
N500miliion (one of the highest in
the industry) at the end of June
2006, balance sheet size of
N1.52billion, and a team of tested
and experienced personnel, we are
well positioned to maximize returns
on our clients' portfolio.
|