By Atoyebi Nike
United Capital Asset Management Ltd (UCAML), a subsidiary of United Capital Plc, has officially launched the Children Investment Fund (CIF), a naira-denominated mutual fund targeted at helping Nigerian families secure the financial future of their children.
The launch event, held at the Wheatbaker Hotel in Lagos, marks the addition of a new investment product aimed at supporting key life milestones such as education, healthcare, and long-term capital needs.
Dr. Odiri Oginni, Managing Director/CEO of UCAML, said the fund offers a structured, professionally managed way for parents to begin building wealth early for their children. “Whether it’s for school fees or future medical needs, this fund empowers guardians with a disciplined and consistent investment strategy,” she said.
The fund is open-ended and allows investors to grow wealth over time with a minimum entry requirement, providing capital growth and long-term benefits. With this new offering, UCAML now manages 10 mutual funds, positioning it as Nigeria’s second-largest mutual fund provider.
Group CEO of United Capital Plc, Peter Ashade, emphasized that the initiative aligns with the company’s mission of fostering financial inclusion and intergenerational wealth. “This is about more than investment. It’s about building economic resilience by starting early with the next generation,” Ashade said.
UCAML currently manages over ₦1 trillion in assets and more than ₦500 million in mutual fund assets under management. The Children Investment Fund is expected to deliver strong returns in line with the firm’s tradition of outperforming market benchmarks.
