{
  "id": 14196701,
  "title": "New Money Market Fund opens to investors with minimum N10,000 subscription",
  "url": "https://urgent.news/2026/10/13/new-money-market-fund-opens-to-investors-with-minimum-n10-000",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T12:15:27.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/13/new-money-market-fund-opens-to-investors-with-minimum-n10000-subscription/"
  },
  "original_language": "en",
  "account": "Berkshire Asset Management Limited has introduced a new Money Market Fund open to retail and institutional investors with a minimum subscription of N10,000. The fund, registered with the Securities and Exchange Commission (SEC), offers 2 billion units at N1 each and will invest primarily in short-term, investment-grade money market instruments. Subscriptions opened on October 12, 2026, and investors can subscribe in multiples of 5,000 units. The fund, launched at the Lagos Continental Hotel in Lagos, is rated by DataPro Limited and audited by Ijewere & Co. Berkshire Asset Management Limited, the fund's manager, aims to deepen Nigeria's capital market through a range of investment products and digital solutions.",
  "summary": "Berkshire Asset Management Limited has opened subscriptions for its N2 billion Money Market Fund, allowing retail and institutional investors to participate with a minimum investment of N10,000. The post New Money Market Fund opens to investors with minimum N10,000 subscription appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MarketWatch",
        "title": "Fund managers retain surprising optimism in the face of stagnant stock market and tumultuous bond market",
        "url": "https://urgent.news/2026/10/13/fund-managers-retain-surprising-optimism-in-the-face-of-stagnant",
        "published": "2026-10-13T12:40:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}