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The Frontier Fund unit holders to get N17 per unit distribution

Friday, 23 May 2025, 8:41 pm
in Business, Companies
0
Security features of the new naira notes revealed by the CBN
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SCM Capital Asset Management Limited has announced a distribution of N17.00 per unit to  be paid to unitholders of the Frontier Fund for the financial year ended June 30, 2024.

Key notes 

  • Qualification Date: Friday, May 30, 2025
  • Register Closure: Monday, June 2, 2025.
  • Payment Date: Monday, June 9, 2025,

The distribution will be paid electronically to unitholders whose names appear on the Register of Members as at Friday, May 30, 2025, and who have completed the e-dividend registration form and mandated the Registrar to pay their distribution directly into their bank accounts.

Unitholders who are yet register are advised to download and submit the e-mandate form available at paceregistrars.com..

According to its website,  “The Frontier Fund (“the Fund”) is a balanced, open-ended unit trust scheme managed by SCM Capital Asset Management Limited, The Fund has a primary objective of achieving long-term capital appreciation as well as returning a competitive income to its Unit Holders by investing in carefully selected blend of financial assets, by professional fund managers.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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