NORRENBERGER ASSET MANAGEMENT
Norren Medium Term Investment Note (Norren-MTIN)
Targets investors seeking medium -long term investment options that provide superior returns and periodic interest payment.
The Medium-Term Investment Note is designed to provide investors with an opportunity to benefit from highly competitive returns generated from a diversified investment portfolio.
The Medium-Term Investment Note targets investors with investment horizon of above one year.
Features
- Attractive interest rates.
- Bi-annual interest payment/Rollover.
- Investment Note is available in 18-36 months tenor.
- Allows for roll-over after investment matures.
- Early termination will attract a pre-liquidation charge of 35% of accrued interest.
- Returns are subject to withholding tax (WHT).
- Minimum investment amount is N1,000,000.00.
- Interest rate is negotiable based on amount and tenure of the investment.
