In a strategic move to promote long-term financial planning for Nigerian families, United Capital Asset Management Limited (UCAML), a subsidiary of United Capital Group, has officially launched the Children Investment Fund (CIF) — a mutual fund designed to help parents and guardians secure their children’s financial future.
A Head Start for the Next Generation
The Children Investment Fund is a naira-denominated, open-ended mutual fund aimed at supporting families to build wealth over time for major life milestones, such as education, healthcare, and future capital needs. Speaking at the media launch, Dr. Odiri Oginni, Managing Director/CEO of UCAML, emphasized the importance of early investment.
“We believe that every child deserves a good financial head start. This fund provides a structured and disciplined way to start early and grow steadily,” Dr. Oginni stated. “Whether it’s for education, healthcare, or special needs, the Children Investment Fund is a practical tool for building financial security.”
A Strategic Expansion
With the CIF, UCAML now manages a total of 10 open-ended mutual funds, further cementing its position as the second-largest mutual fund provider in Nigeria.
The company’s offerings span a wide array of investment types and risk profiles, including:
- Low-risk income funds
- Equity-focused funds
- Dollar-denominated funds
- Ethical and impact-driven investment options
Financial Inclusion and Wealth Creation
Peter Ashade, Group CEO of United Capital Plc, reiterated the group’s commitment to financial inclusion and intergenerational wealth creation. “This fund is more than just a product — it’s part of a broader vision to empower Nigerian families. Investing in our children today means strengthening the nation’s economic foundation for tomorrow,” he said. Ashade added that the fund aligns with United Capital’s mission to foster economic resilience and inclusive growth, by ensuring that every family, regardless of income level, can access structured investment opportunities.
Industry Leadership
UCAML currently oversees more than ₦1 trillion in Assets Under Management (AUM), including over ₦500 billion in mutual fund AUM, reinforcing its position as a leader in Nigeria’s investment management sector.
The firm attributes its success to:
- Innovative product development
- Strong fund performance
- A client-centric approach that delivers consistent value
