With the steady rise of the cost of living and high exchange rate from dollar to naira and everything in-between it is not surprising that many Nigerians are trying to figure out how to earn in dollars. Thus, as the problem-solvers we are at FAAM, we thought about ways to help us all live an easy life. We did this with our FAAM Dollar Investment Scheme (FDIS)which will allow you to not only fund your japa plans but also earn in dollars and make life easy.
The FDIS is the perfect way to hedge your investment against any potential naira depreciation and save in US Dollars to meet future obligations in foreign currency. It is a pooled investment product for everyone, not just those earning in USD but also those earning in Naira. We source USD for investment in the FDIS on a best-effort basis, allowing you to invest and earn returns in US Dollars.
With a minimum investment of $100 and a minimum duration of 180 days, you can start investing in this privately managed open-ended product. Interest is paid out bi-annually, with an estimated yield of 3% to 6% per year. One of the benefits of this product is that you can add to it at any time with a $100 additional investment as a minimum.
These are fantastic advantages to having this open-ended investment.
- It is affordable, requiring only a $100 initial investment and a $100 additional investment.
- Professional fund managers are available to you.
- What is your source of income? It’s no problem. Because dividends are paid bi-annually
- Maximize investment returns on USD investments
- Invest in dollar responsibilities, such as education, health care, and so on.
Earning in dollars has never been so easy. So if you really want to earn dollars you can get in touch with us today to start investing in the FDIS.