United Capital unveils Children Investment Fund: What it means to Nigerian Families

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United Capital Asset Management Limited (UCAML) has officially launched its latest product, the Children Investment Fund (CIF), a naira-denominated, open-ended mutual fund designed to support long-term financial planning for Nigerian families. With over N1 trillion in total assets under management, including more than N500 billion in mutual funds, UCAML aims to lead the market through innovation, expertise, and a strong track record of delivering value to investors.

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The Children Investment Fund is specifically tailored to help parents and guardians plan for essential milestones in a child’s life, such as education, healthcare, and other future capital needs. According to the Managing Director/CEO of UCAML, Dr. Odiri Oginni, early financial planning for children is crucial. “The fund is designed to give every child a strong financial foundation, with the flexibility to grow steadily toward a range of future needs,” she explained.

Dr. Oginni highlighted the fund’s unique features, stating, “Unlike traditional child-focused funds that are often limited to educational purposes, this fund offers broader flexibility, catering to any future needs a parent or guardian may envision for their child. It is structured as a specialised solution that considers a wide range of potential financial goals.” She also noted that the fund is a highly liquid, long-term investment vehicle suitable for children across all age groups, designed to grow alongside the child and allow investments to accumulate steadily over time.

The Group CEO of United Capital Plc, Peter Ashade, emphasized that the Children Investment Fund aligns with the Group’s broader objectives of promoting financial inclusion, fostering intergenerational wealth, and driving sustainable economic impact. “The fund is a strategic step in nurturing financial literacy and planning from an early age, thereby contributing to a stronger and more resilient Nigerian economy,” Ashade said.

With the introduction of CIF, UCAML has expanded its portfolio to 10 open-ended mutual funds, solidifying its position as the second-largest mutual fund provider in Nigeria. Ashade noted that this development underscores the company’s commitment to supporting long-term financial planning for Nigerian families and driving economic growth

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