Norrenberger, a renowned financial services group, has unveiled its groundbreaking ‘Turbo Fund’ initiative, aimed at fortifying Nigeria’s investment climate and empowering customers to realize their financial aspirations.
Tony Edeh, the Group Managing Director at Norrenberger, discussed the fund during the event. He emphasized that the Turbo Fund is meticulously crafted to offer investors a unique and well-balanced portfolio, ensuring growth, stability, and impressive returns.
This fund, registered with the Securities and Exchange Commission (SEC), is primarily geared towards investors with a long-term investment horizon. This includes institutional investors such as pension fund administrators, insurance companies, corporate entities, public sector agencies, and asset managers seeking diversification and attractive returns.
Moreover, the Turbo Fund is designed to promote responsible investing by adapting to evolving market dynamics and providing a sustainable source of financial prosperity for its stakeholders.
Tony Edeh expressed the significance of this milestone, saying, “The Norrenberger Turbo Fund represents a significant milestone in our commitment to helping our clients achieve their financial objectives. Our team has dedicated considerable effort to creating a well-rounded investment solution that combines our extensive expertise with a responsible, forward-looking approach.”
In line with their mission, Norrenberger’s goal is to create sustainable and inclusive financial solutions for households by 2025.
The Turbo Fund endeavors to provide investors with low-risk, stable, and competitive returns through investments in fixed-income securities and various financial products while ensuring income generation.
The fund’s inclusive nature extends to retail investors with a preference for fixed income investments. Notable features of the Norrenberger Turbo Fund include free entry and exit for investors based on prevailing bid and offer prices, a diversified portfolio, and accessibility for both individual and institutional investors.
This initiative underscores Norrenberger’s commitment to enhancing the financial landscape in Nigeria and promoting responsible, sustainable investment practices.
