Flagship Products and Services

(RILMFUND) Resort Insurance - Linked Mortgage Fund (High Yield Distinguished Fund)

Objective
To provide an Investment avenue that offers tripartite benefits of attractive return, access to mortgage loan and life insurance for the investor concurrently.

Target Audience (Private Sector)

  • High Networth Individuals
  • Corporate Entities
  • Institutional Investors

Features

  • Minimum Investment - N250,000 and above
  • Minimum Tenor - 180 days
  • Interest Rate - Treasury Bill - Rate + 4%
  • Renewable for 90 days and above after initial 180 days
  • Depositor enjoys Life Insurance Policy equal to amount of existing investment
  • Deposits are pooled for Investment mainly in Urban properties and gilt-edged mortgage assets.

Benefits

  • Attractive Interest Yield
  • Cover for Life & Permanent Disability for 100% of amount subscribed, subject to a limit of N2million
  • Eligibility for mortgage loan under standard conditions
  • Architect's Support Service for Deposit of N5million and above


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