AN INVESTMENT INITIATIVE
An Agribusiness mutual fund (AMF) is an investment initiative made up of a pool of moneys collected from many investors for the purpose of investing solely in Agriculture. The AMF is an initiative of Corporate Farmers International (CFIL) supported by The Nigeria Stock Exchange (NSE) and International Institute of Tropical Agriculture (IITA).
This type of Mutual funds will be fully operated by professional Mutual Fund managers, Micro Finance Banks (MFB), Commercial Banks and other investment companies in Nigeria and Africa who invest in funds and attempt to produce capital gains and/or income for the funds invested.
A mutual fund’s portfolio in Agribusiness will be structured and maintained to match the investment purpose and objectives for a short and long period of time with the long term objective of getting quoted on the floor of the Nigeria Stock Exchange (NSE).