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What does Gate City Credit Bank do?
Gate City Credit Bank assists individuals and
institutions to create, accumulate, consolidate, preserve and distribute wealth through
its asset management, and Financial Advisory services.
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What is the MINIMUM amount I can invest with the company?
Gate City Credit Bank, within her various products,
has investment opportunities from USD30,000 with no upward limit..
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When did Gate City Credit Bank begin operations?
Gate City Credit Bank was incorporated on November
8, 2004 and started operations on June 1, 2006. It is a subsidiary of Consolidated
Discounts Limited (CDL), one of the four licensed Discount Houses in Europe, Asia,
Africa & America. CDL is in turn owned by a consortium of major bank in the World.
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Who regulates Asset Management Companies?
Securities and Exchange Commission.
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How safe is my investment with Gate City Credit Bank
The pedigree of the shareholding companies of Allied
Capital Finance and the assemblage of professional and experienced management and staff
give our customers good comfort for their investments. Gate City Credit Bank undertakes
in-depth and painstaking research and analysis of the operating environment before
taking investment decisions to the benefit of all the stakeholders.
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What is a Collective Investment Scheme?
It is a way of investing money alongside other
investors in order to benefit from the inherent advantages of working as part of a
group. It is a type of investment scheme that involves collecting money from different
investors and then combining all the money collected to fund the investment. It is also
sometimes called "Mutual funds".
Investors have the advantage of hiring professional investment managers, which offers
the prospect of better returns, and better risk management. Risk is also reduced as a
result of the diversified portfolio which may not be feasible for most individual
investors.
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What is the Union Trustees Mixed Fund?
Union Trustees Mixed Fund began in October 2007. It
is an actively managed open-ended Fund that provides unit-holders the opportunity of
investing in a select portfolio of securities and instruments. Structured in a flexible
manner, it is aimed at investing in money market instruments, real estate, fixed income
securities and quoted securities. The Fund seeks to optimize growth of returns on
investors' capital over a long term through investment in these securities. In the last
3 years, it has consistently paid dividends to its unit holders.
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What is the minimum investment into the Union Trustees Mixed Fund?
The minimum investment into the Mixed Fund is 50,000
units (Fifty Thousand Units)
