Description
The UBA Balanced Fund is authorized and registered in Nigeria as a Unit Trust Scheme under Section 125 of the Investment Securities Act (ISA). The Fund holds equities and other fixed income securities in relatively small proportions to diversify unsystematic risk in the portfolio. It is an investment mix of all other Funds.

Objective
The Fund’s objective is to provide investors with income as well as an attractive total return (dividends and capital gains) in the medium-term to long-term.

Date of Registration
The UBA Balanced Fund was registered with the Securities & Exchange Commission (SEC) in September 2006 and listed on the Nigerian Stock Exchange (NSE) on Memorandum basis in December 2006.

Balanced Funds Price Movement Chart [19-Sep-2008 to 02-Jan-2009]