Caption: From Left to Right: Leo Okafor, Group Company Secretary; Sam Nwanze, Non-Executive Director; Peter Ashade, Group Chief Executive Officer; Dr. Odiri Oginni (CFA), MD/CEO – United Capital Asset Management; Ayodeji Adigun, Executive Director/Group Chief Operating.
United Capital Asset Management (UCAML), a subsidiary of United Capital Plc, on Monday, in Lagos, officially unveiled its latest mutual fund – The Children Investment Fund (CIF).
The naira-denominated, according to the company, is a open-ended mutual fund designed to provide Nigerian families with access to long-term investment opportunities tailored to key milestones in a child’s life such as education, healthcare, and future capital needs.
It offers a disciplined, professionally managed investment vehicle, thereby empowering parents and guardians to build lasting financial security for their children.
Speaking on the fund, Dr. Odiri Oginni, Managing Director/CEO of United Capital Asset Management, stressed the importance of starting early when it comes to building wealth for the next generation.
“The Children Investment Fund was created to help parents/guardians prepare financially for the future of their children/wards. We believe that every child deserves a good financial head start, and this fund is our contribution to building that foundation for the next generation. Whether it’s for education, or healthcare, or special needs, this fund provides a structured and disciplined way to start early and grow steadily.”
With the launch of the Children Investment Fund, UCAML now manages a
portfolio of 10 open-ended mutual funds, making it the second-largest mutual
fund provider in Nigeria, offering a broad spectrum of investment options tailored to meet varying financial goals and risk appetites including low-risk income funds, equity-focused funds, dollar-denominated funds, and funds dedicated to ethical and impact-driven investing.
Also commenting on the fund, Peter Ashade, Group CEO of United Capital Plc, reinforced the strategic alignment of the new fund with the Group’s broader objectives around financial inclusion, intergenerational wealth creation and long-term impact.
“This is more than the launch of a new product, it is a reaffirmation of our commitment to creating inclusive financial solutions that enable wealth creation for all. As a group, our mission is to shape a more financially inclusive and economically resilient Nigeria, and we believe that empowering the next generation through early financial planning is a critical part of that journey. When we invest in children today, we are investing in the economic strength of tomorrow.”
With over ₦1 trillion in assets under management and over N500bn in mutual funds AUM, United Capital Asset Management is undoubtedly an industry leader. This leadership is underpinned by strategic product innovation, expert fund management, and a clear focus on delivering superior value to its clients. The Children Investment Fund is built on the same foundation and is well positioned to follow the performance trajectory of UCAML’s existing funds, which have consistently outperformed market benchmarks.
