Criteria:
Minimum facility of N10,000,000.00
contribution (If existing shares)
must be in acceptable securities
of ZSL.
Features:
- Easy
access to portfolio expansion
funds and ability to maximize
returns on portfolio by contributing
50% of the expected credit.
- Ability
to utilize existing shares
as contribution and still
being able to trade on them.
- Ability
to acquire Primary Issues
(Rights and Public Offers)
by increasing shares contribution
to provide for the value within
our list of acceptable securities.
- Processing/Response
time is very fast.
- Monthly
servicing of the interest
portion of the margin facility.
- First
Margin call at 20% drop on
the value of the facility
and a Second margin call at
30% reduction in the value
of the facility.
- Realisalition
of the shares when the value
of the portfolio falls below
70% and after the second margin
call.
- The
facility is available for
a maximum of 180 days and
is renewable after expiration.
List of Acceptable Shares:
Shares acceptable to us would
be selected based on the following
Criteria:
- Secondary
Market Liquidity
- Consistency
and stability in pricing
- Market
acceptability
- Constant
Growth in profitability.
- Quality
of fundamental analysis ratios.
- Good
dividend pay-out and bonus
history
|