United Capital Asset Management Floats Investment Fund for Children
United Capital Asset Management (UCAML), a leading asset management company and subsidiary of United Capital Group, has launched its latest mutual fund – The Children Investment Fund to shape the financial future of the next generation and to boost financial literacy.
The Children Investment Fund is a naira-denominated, 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.
The Group Chief Executive Officer of United Capital Plc, Mr Peter Ashade, at the official launch on Monday described the product as a deliberate response to the need for increased retail participation in the capital markets and the promotion of early financial literacy.
Ashade said these were critical pillars in Nigeria’s journey towards a one trillion economy.
He said the fund empowers parents and guardians to build lasting financial security for their children by offering a disciplined, professionally managed investment vehicle.
Ashade 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 (AUM) and over N500 billion 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,” he said.
Ashade said the group over the last three years, had developed and launched five innovative mutual fund products in the Nigerian Capital market thereby increasing the total number of mutual funds from seven to 11.
“Within the same period, we have worked assiduously to improve the financial health of well meaning Nigerians. This has led us to grow total mutual fund investments by over 200 per cent to more than N650 billion in three years.
The Managing Director/Chief Executive Officer of United Capital Asset Management, Dr Odiri Oginni, highlighted 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,” she said.
Oginni said 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.
