The Money Market Fund is a secure, open ended mutual fund that invests in short term securities such as Treasury Bills, Commercial Papers and Fixed Deposits. It aims to optimize returns on free cash flow offering returns that outperform regular savings accounts.

The Money Market Fund is open to investments from anyone i.e. Adults, Children and Corporations.

You will need to complete a subscription form. Our subscription form can be found on our website - www.axamansard.com. Alternatively, the form can be obtained from any of our welcome centers.

Additional documents required include government issued proof of identification, passport photo, proof of address (utility bill) and signature.

The minimum amount required to invest in the Money Market Fund is ₦2,000.

The minimum amount required after your initial investment is ₦1,000.00.

The Money Market Fund is a type of Mutual Fund.

The Money Market Fund has a lot of benefits which include:

1. 1. Safety: The Fund ensures safety of both principal and interest accrued.


2. 2. Returns: The Fund provides attractive returns and when compared to a normal savings account, the AXA Mansard Money Market Fund offers a lot more return on your investment.


3. 3. Liquidity: The Fund is open-ended which means that injections and withdrawal are treated on any business day.


4. 4. Affordability: The Fund represents an investment opportunity that allows investors earn steady income without substantial initial investments.


5. 5. Professional Management: The portfolio managers are skilled and experienced professionals and will bring this expertise to bear in the management of the Fund. .


6. 6. Performance Monitoring: An Investment Committee will monitor the Fund’s activities and performance on a regular basis.


7. 7. Accessibility: Easy accessibility to the Fund via the use of electronic platforms. Simply visit our online portal – www.axamansard.com; download the AXA Mansard mobile app – MyAXA; or access it via our USSD code - *987#.

You start earning interest on your fund within 24 hours of payment.

The Fund Manager will pay dividends (accrued interest) and distributes this on a quarterly basis. Unit holders, upon subscription shall have the option of the accrued interest paid into their designated bank account or reinvested which means that the income will added back to the principal.

Your funds can be liquidated at any time. We will credit your registered account number within 24 hours from when you send in the instruction (via the website, MyAXA App or *987#) and all outstanding documents are in place.

The Fund invests in money market securities which include Treasury Bills, Fixed Deposit and guaranteed Commercial Papers.

The Fund is managed by skilled and experienced Portfolio Managers at AXA Mansard Investments.

An Investment Committee will monitor the Fund’s activities and performance on a regular basis.

No, there are no penalties for withdrawing your funds from your account.

There is no guaranteed return rate for the Fund. It is calculated everyday as the weighted average of the rates of the securities the Fund is invested in. These securities are very low risk and have low volatility.

The daily yield of the Fund is displayed on www.axamansard.com. Daily earnings are also displayed. Earnings for the day can be computed using - rate/365*principal.

You can stay in the Fund for whatever length of time you desire, the interests are accrued on a daily basis.

There is no minimum withdrawal amount from the Fund.

For a corporate account, we will require passport photographs and ID cards of the signatories as well as the incorporation/registration documents, Board Resolution and Utility Bill.

The Fund assets are denominated in Naira, as such, capital inflows by foreign investors who subscribe to the Fund shall be converted to Naira at the exchange rate as advised by the Fund Manager’s Bankers.

Equity Income Fund is an open ended mutual fund aimed at investors with high risk appetite seeking income and strong potential for capital growth through an array of stocks. It is suitable for investors who have a longer-term horizon. The equity income funds can offer high returns compared to bonds or money market funds on the long term.

The Equity Income Fund is open to investments from anyone i.e. Adults, Children and Corporations.

You will need to complete a subscription form. Our subscription form can be found on our website - www.axamansard.com. Alternatively, the form can be obtained from any of our welcome centers.

Additional documents required include government issued proof of identification, passport photo, proof of address (utility bill) and signature.

The minimum amount required to invest in the Equity Income Fund is ₦10,000.

You can invest any amount in the fund subsequently.

The Equity Income Fund is a type of Mutual Fund.

The Equity Income Fund benefits include:

1. 1. Strong Potential: For capital appreciation over the long term.


2. 2. Professional Management: The portfolio managers are skilled and experienced professionals and will bring this expertise to bear in the management of the Fund.


3. 3. Performance Monitoring: An Investment Committee will monitor the Fund’s activities and performance on a regular basis.

Yes, the AXA Mansard Equity Income Fund pays dividend annually. We use proceeds (dividends and capital gains) realised in the Fund to pay dividends to Fund subscribers.

You start earning interest on your fund within 24 hours of payment.

Your funds can be liquidated at any time. We will credit your registered account number within 2-5 working days from when you send in the instruction (via the website, MyAXA App or *987#) and all outstanding documents are in place.

The Equity Income Fund invests largely in listed stocks and sparsely in money market securities such as Treasury Bills and Fixed Deposit.

The Fund is managed by skilled and experienced Portfolio Managers at AXA Mansard Investments.

An Investment Committee will monitor the Fund’s activities and performance on a regular basis.

No, there are no penalties for withdrawing your funds from your account.

No, there is no guaranteed return rate. The value of the units you hold in the fund simply appreciate/depreciate depending on the performance of the securities that the Fund is invested in.

You can stay in the Fund for as long as you desire. You are advised to view the Equity Income Fund as a long term investment as it is very volatile but tends to outperform the money market fund in the long term.

There is no minimum withdrawal amount from the Fund.

For a corporate account, we will require passport photographs and ID cards of the signatories as well as the incorporation/registration documents, Board Resolution and Utility Bill.

The Fund assets are denominated in Naira and, as such, capital inflows by foreign investors who subscribe to the Fund shall be converted to Naira at the exchange rate as advised by the Fund Manager’s Bankers.

In addition to our mutual funds, AXA Mansard Investments offers investment options in:

1. 1. Treasury Bills


2. 2. Equities


3. 3. Real Estate

No, the mutual funds only accept Naira. Clients may however invest directly in Eurobonds or US Treasuries if they would prefer to invest in US Dollars

Yes, in addition to the basic requirements, we require an authenticated proof of address.