Provide stabilisation support to the Federation revenue in times of economic stress
Strategic Asset Allocation/Focus Sectors
Asset Class
Allocation
Absolute Return Fixed
Income/Investment Grade
Corporate Fixed Income
60%
US Treasuries
40%
Mandate/Recent Investments
Capital preservation and liquidity. The Stabilisation Fund thus has a short time horizon and invests in conservative fixed income mandates.
As at the end of 2013, all capital had been deployed in allocation to three managers: UBS (US Treasury mandate), Goldman Sachs and credit suisse (Corporate Bond mandates).
Expected Avg. Annualized Returns (USD)
1%
Investment Horizon
Short Term
% of Assets Under Management
40% allocation
Objective
Invest in a diversified portfolio of growth investments to provide future generations of Nigerians a savings base for such time as the hydrocarbon reserves are exhausted.
Strategic Asset Allocation/Focus Sectors
Asset Class
Allocation
Public Equity
Private Equity
Absolute Return
Other Diversifiers
25%
25%
25%
25%
Mandate/Recent Investments
The asset allocation policy reflects a balance between the Fund's financial and investment objectives, risk tolerance and need for liquidity
Expected Avg. Annualized Returns (USD)
5%
Investment Horizon
Long Term > 20 years
% of Assets Under Management
40% allocation
Objective
Enhance the development of infrastructure, primarily through investment in domestic infrastructure projects that meet targeted financial returns.
Strategic Asset Allocation/Focus Sectors
Focus Sectors
Real Estate
Healthcare
Power
Agriculture
Motorways
Mandate/Recent Investments
US$10million investment in Fund for Agriculture Finance in Nigeria (FAFIN)
US$10million investment in Nigeria Mortgage Refinancing Company (NMRC)
Co-developer of the Second Niger Bridge Project
Co-developer of the Nigeria Credit Enhancement Facility with DFID
