DVCF Oil & Gas Fund

N1,000,000,000 Unit Trust Scheme

The Fund

The DVCF one Billion Oil & Gas Fund is an open ended unit Trust Scheme designed to enable investors to pool fund together for investment in the Oil & Gas sector and Venture Capital Finance. The Fund was first launched in October 2006 and was successful. The approval of the offer by the Securities & Exchange Commission in March, 2007, flagged off the investment of the proceeds into projects and to date the fund has recorded a profitable performance.

Purpose
The fund is targeted at project Management/Funding in the Oil and Gas sector. Its application encompasses Venture Capital Finance, project Engineering designs, Fabrication and Installation, Marginal oil field/farm out arrangements and manpower provision, capital and money market. The local content market is over N12 billion per annum and this is the niche that DVCF Fund is actively involve in.

Objectives

The Oil & Gas Fund is designed to achieve regular income with stable growth in line with the expected performance of the Oil and Gas sector. The income shall be distributed to unit holders at the end of every financial year on January 15 to meet immediate needs that occur frequently after the year. Such as school fees, rentals, salaries, resettlement in new locations and small ticket purchases. The 95% income distribution from the fund is expected to come in handy as a buffer every early part of the year to alleviate the financial burden that subsists after the festive seasons.

Profitable Opportunity
Investors are assured of safety of principal, superior return on investment and a projected rate of at least 25% per annum.

Investors Profile

The Fund welcomes the participation of all Nigerians, companies, associations, other non bank financial institutions, Pension Fund Administrators, Trustees, Ministries of Finance incorporated of State Governments, Companies/Contractors operating direct services to the Oil & Gas sector, NNPC within the ambit of the Local Content Development Fund, Nigeria Petroleum Development Fund, and Banks operating the Small and Medium Enterprises Equity Investment Scheme.

The Fund Manager

DVCF Oil & Gas Plc is the Fund Manager, duly approved by the Securities & Exchange Commission, the Corporate Affairs Commission and the Directorate of Petroleum Resources. The company has shareholders fund of N129 million, project finance turnover of N188 million and fund under management of over N313 million as at August 2007. The Board of the company is constituted under a 15 man team and a management cadre staff with professionals with pooled experience of over a century covering such disciplines as investment banking, law, information technology, international relations, personnel administration, military strategy, environmental planning, mechanical engineering and accounting. Mr. Anthony Eze is the Managing Director/CEO and has over 20 years experience in investment banking He launched the pioneer Energy Master Fund in 2000 and was the pioneer Director Investment Banking/Consumer Banking in International Merchant Bank Plc.


For more information and application form visit: www.dvcfonline.com And if there is any problem when accessing the site, don’t hesitate to contact globaladvert.