United Capital Asset Management (UCAML) yesterday launched its latest mutual fund – The Children Investment Fund (CIF), providing opportunities for families to further secure the future of their children.
Speaking at the formal launch held at the Wheatbaker Hotel, Lagos, Managing Director, United Capital Asset Management Limited (UCAML), Dr. Odiri Oginni said 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.
According to her, by offering a disciplined, professionally managed investment vehicle, the fund empowers parents and guardians to build lasting financial security for their children.
She 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 and guardians prepare financially for the future of their children and 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,” Oginni said.
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She noted that with the launch of The Children Investment Fund, UCAML, a subsidiary of United Capital, now manages a portfolio of 10 open-ended mutual funds, making it the second-largest mutual fund provider in Nigeria.
She pointed out that the company offers a broad spectrum of investment options tailored to meet varying financial goals and risk appetites including low-risk income funds, equity-focused funds, dollar-denominated funds, and funds dedicated to ethical and impact-driven investing.
Group Chief Executive Officer, United Capital Plc, Peter 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,” Ashade said.
He noted that with over N1 trillion in assets under management and over N500 billion in mutual funds assets under management, UCAML is undoubtedly an industry leader.
He said: “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”.