Please enable JavaScript in your browser to complete this form.Name *Email *Please indicate if this is a new investment, top up or rollover by ticking the applicable box below. * New InvestmentTop UpRolloverAmountAmount (Top Up)TENOR: 365 Days for New Investments and Rollovers, Top up will assume the remaining tenor on the existing investment.YIELD: 14% (Gross)YIELD: 13% (Gross)Agreement *I agree to the terms and conditions belowMeristem Infrastructure Linked Product (MILP) is an investment vehicle tailored to provide capital preservation as well as offer investors diversification by investing primarily in debt securities that are linked to infrastructural development projects backed by the Lagos State Government. The product provides secure and safe returns to investors who want to diversify their funds into infrastructural development projects to earn competitive returns. Minimum Investment:NGN10million with option to Top up without restrictions Tenor:Annual Subscription with Top up and Rollover option, Hence, tenor is 365 Days for New Investments and Rollovers while Top up assumes the remaining tenor on the existing investment. Yield:14% (GROSS) Tax:Investment is subject to 10% withholding tax. Penalty for Early Redemption:Redemption before maturity (in full or part) shall attract a penalty charge of 25% of the return earned on the investment. Also, any part liquidation that takes the investment amount below the minimum amount of N10million is not permitted, investment will have to be liquidated in full. Nature of Investment:Fixed Placement linked to an underlying security Underlying Security :Lagos State Infrastructure Bond with Credit Rating AA- (GCR) Risk and Reward :Investors shall assume the entire risks and rewards associated with the MLIP investment Inherent Risks :Risk related to the issuer of the underlying securities include but not limited to Political, Default & Repayment risks I/We declare that we are aware of and accept the risks inherent in the investment, knowing that the realization of those risks may cause me/us to suffer financial loss.Agreement *I agree to the terms and conditions belowMeristem Infrastructure Linked Product (MILP) is an investment vehicle tailored to provide capital preservation as well as offer investors diversification by investing primarily in debt securities that are linked to infrastructural development projects backed by the Lagos State Government. The product provides secure and safe returns to investors who want to diversify their funds into infrastructural development projects to earn competitive returns. Minimum Investment:NGN10million with option to Top up without restrictions Tenor:Annual Subscription with Top up and Rollover option, Hence, tenor is 365 Days for New Investments and Rollovers while Top up assumes the remaining tenor on the existing investment. Yield:13% (GROSS) Tax:Investment is subject to 10% withholding tax. Penalty for Early Redemption:Redemption before maturity (in full or part) shall attract a penalty charge of 25% of the return earned on the investment. Also, any part liquidation that takes the investment amount below the minimum amount of N10million is not permitted, investment will have to be liquidated in full. Nature of Investment:Fixed Placement linked to an underlying security Underlying Security :Lagos State Infrastructure Bond with Credit Rating AA- (GCR) Risk and Reward :Investors shall assume the entire risks and rewards associated with the MLIP investment Inherent Risks :Risk related to the issuer of the underlying securities include but not limited to Political, Default & Repayment risks I/We declare that we are aware of and accept the risks inherent in the investment, knowing that the realization of those risks may cause me/us to suffer financial loss.Submit
