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Tuesday, December 15, 2015
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How Do I Open An Account?
To start, simply fill in our forms to enable us get your date for account opening; attach your passport and that of your next of kin (for individual investors). For corporate investors the two signatories must attach their passport photographs.
Please go to the download page and download the account opening form.
How Do I Pay?
Payments can be made directly in cash or cheques (or drafts) to our field force or paid into any of the account numbers below:
Bank Name Account Name Account Number
First Bank Plc (Investment house branch) - Overdraft A/C Aims Asset Mgt Ltd 4832030001816
Zenith Bank Plc (Marina Branch) - Offer A/C(Current) Aims Asset Mgt Ltd 6010719368
Intercontinental Bank Plc (58 Marina, Lagos) - I-class A/C Aims Asset Mgt Ltd 00250000003108
United Bank for Africa (Igbosere Rd, Lagos) - Current A/C Aims Asset Mgt Ltd 04920030000071
Another option is through our direct debit system which involves direct deduction of the stated amount from client's bank account to the company’s account according to client’s instruction. Every amount paid is receipted for.
How Much Do I Pay?
Customers are in control as to how much to pay depending on the chosen product. For our individual retirement scheme, we recommend monthly payments for people on monthly income for convenience and to create a management approach to spending and saving. The minimum monthly deposit is N5,000. Mode of payment is equally flexible as to being able to change amount of deposits at will to suit one’s convenience.
What Is The Expected Return On Investment?
The capital market does not offer any fixed or guaranteed rate of return. It depends on the performance of the market generally and each company as well over a period of time. However, as long-term planners, we use 30% average annual rate of return as earnings projection on our investment funds. Practically the actual returns depend on the overall performance of the market at any point in time. In any scheme of investment that returns are based on compound interest, time is a crucial determinant of value. The longer the period the greater your accumulation. That is the magic of compounding income. For instance, a depositor making N10,000 payments per month for ten years would have accumulated a total net asset value of N 6,648,641 at the end of ten years at 30% estimated return on investment per annum, while at the end of twenty years it could be as high as N 98,305,810. The longer the period the better the result.
What About Aims Reporting System?
We have quarterly reporting system that enables investors to access the performance of their investments through quarterly statements of accounts. Clients can also log on to our website and check their statements of account online as often as they choose.
How Do I To Stop Or Withdraw An Account?
The recommended period for planning is 5 years, to accumulate adequate returns. To withdraw from or close an account, simply file an application for withdrawal/closure. We require four days notice (complying with the T + 3 system of the Nigerian Stock Exchange). Payments may be received in crossed or open cheques depending on the amount involved.
Safety Of Investment
Generally every good investment scheme is known by a consideration of The return The risk and Safety of fund. Most investors only judge investments based on expected return. No matter how high the prospect of return maybe, if safety of the fund cannot be guaranteed then it cannot be a reliable investment. Under a managed fund system, investment in equities is highly reliable because capitalizing on high returns, professional management also ensures that risk is reduced to the barest minimum. Diversification of principal ensures that risk is spread across a broad list of securities. Investments made by us are continually monitored to safeguard customers’ fund. Generally, investments in the capital market are in specific securities quoted on the Nigerian Stock Exchange. The highest risk exposures are on survival of those companies, profitability and price fluctuations. The essence of professional fund management is to ensure safety of investor’s funds
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