Collective investment scheme

Nigeria Mutual Fund Structure Map

Follow money through a Nigerian mutual fundA pooled investment vehicle that combines money from many investors into one professionally managed portfolio. and distinguish the fund managerThe licensed firm responsible for investment decisions and day-to-day management of a fund., custodianA licensed institution that safeguards a fund's cash and securities separately from the manager's own assets., trustee, registrar, auditor, distributor, and SEC Nigeria.

What you will learn

Who receives the money, what you own, who protects the asset, who keeps the records, and where responsibility sits when something fails.

The structure at a glance

YOU

investor

You

APP

intermediary

Platform

FM

intermediary

Fund manager

CU

safeguard

Custodian