Build-Up Account
The BGL build-up account is a product which allows individuals with capital below the minimum account value for a stockbroking account to preserve their capital whilst generating a return with a view to build-up the funds to the required minimum. Contributions can be made regularly (monthly, quarterly etc) or at anytime.
Features
- Minimum product cash investment of N100,000.00
- Guaranteed return of 5% p.a.
- Guaranteed Zero principal erosion
- Withdrawals will incur a penalty of 15% of accrued investment return
- Easy conversion to stock broking account upon realisation of minimum account opening value
