What we do
Asset Management
SPOK CAPITAL LIMITED offers a wide range of products and services aimed at creating sustainable long-term wealth for our clients.
Our products range from fixed income, high-yield investment products and alternative investments. We serve high net worth, retail and industrial/corporate clients.
Our portfolios under management are classified into discretionary or non-discretionary portfolios.
Discretionary Portfolio
Non-discretionary Portfolio
Discretionary Portfolio
For this portfolio, SPOK takes end to end responsibility for the investments. We are responsible for investment selection, management, decision making and execution.
SPOK High-Yield Investment Product (SHYIP)
This product is designed to achieve higher investment returns for our clients whilst ensuring the following:
- Safety of principal amount invested
- Diversification: Spreading of portfolio risks across different assets classes and products. This helps to reduce the concentration risks associated with investing in one asset class.
- Yield: We offer competitive returns to clients.
- Effective Management: We use our understanding of markets and products to manage the risks associated with each product and asset class.
- Professionalism: Our professionals help to take up daily management of the portfolio, thus helping our clients free up time to focus on their core business or engagements.
Non-discretionary Portfolio
For this portfolio, Clients take the investment decisions. SPOK’s responsibilities are limited to advisory, executing clients’ instructions and management of the portfolio.
We can execute instructions for investments in following:
- Government Fixed Income Product: At the behest of our clients, we invest in Treasury Bills, FGN Bonds, and other Federal and State Government Bonds.
- Corporate Fixed Income Product: On a selective basis, we invest in Commercial Papers of highly reputable Blue-Chip Companies on behalf of our clients.
- Eurobond & USD Fixed Deposit: We buy or sell USD Bonds of reputable companies and offer high yield USD deposits to our clients.
SPOK HIGH YIELD INVESTMENT PRODUCT
Current Indicative Rate Schedule
6th May - 10th May 2024
₦ (Naira)
| TENOR | 1 Million-10 Million | 10 Million-50 Million | 50 Million -100 Million | 100 Million-500 Million | 500 Million & Above |
|---|---|---|---|---|---|
| 30 Days | 12.00% | 13.00% | 14.00% | 14.00% | 14.00% |
| 60 Days | 12.00% | 13.50% | 14.50% | 14.50% | 15.00% |
| 90 Days | 13.00% | 14.00% | 15.00% | 15.50% | 16.00% |
| 180 Days | 14.00% | 14.50% | 15.50% | 16.00% | 16.50% |
| 360 Days | 15.00% | 16.00% | 16.50% | 17.00% | 17.00% |
$ (USD)
| Tenor | >100,000 | 100,000-500,000 | 500,000 & Above |
|---|---|---|---|
| 30 Days | 4.00% | 5.00% | 5.25% |
| 90 Days | 4.50% | 5.00% | 5.50% |
| 180 Days | 5.00% | 5.50% | 6.00% |
| 360 Days | 5.25% | 6.00% | 6.50% |
TREASURY BILLS
| SECURITY MATURITY | OFFER (%) |
|---|---|
| 2024-05-09 | 10.00 |
| 2024-05-23 | 10.00 |
| 2024-06-06 | 10.00 |
| 2024-08-08 | 11.00 |
| 2024-09-05 | 11.00 |
| 2024-10-24 | 11.00 |
| 2024-12-26 | 12.00 |
| 2025-01-07 | 16.00 |
| 2025-01-28 | 17.00 |
| 2025-02-06 | 18.00 |
| 2025-02-25 | 18.00 |
| 2025-02-20 | 18.00 |
| 2025-03-06 | 18.00 |
| 2025-03-13 | 18.00 |
BONDS
| Maturity | Yield (%) Offer |
|---|---|
| 12.50% 22 JAN 2026 | 14.00 |
| 16.2884% 17-MAR-2027 | 14.50 |
| 19.94% 20-MAR-2027 | 17.00 |
| 14.55% 26- APR-2029 | 15.00 |
| 14.70% 21-JUN-2033 | 16.50 |
| 15.45% 21-JUN-2038 | 17.00 |
| 14.80% 26-APR-2049 | 16.50 |
| 12.98% 26-MAR-2050 | 16.50 |
| 19.00% 21-FEB-2034 | 18.50 |
| 18.50% 21-FEB-2031 | 18.00 |
| 15.70% 21-JUN-2053 | 17.00 |
EUROBONDS
| NIGERIA | MATURITY | COUPON (%) | Yield (%) Offer |
|---|---|---|---|
| FGN NOV.2025 | 2025-11-21 | 7.650 | 8.00 |
| FGN NOV. 2027 | 2027-11-28 | 6.500 | 8.50 |
| FGN SEPT. 2028 | 2028-09-28 | 6.125 | 8.50 |
| FGN MAR. 2029 | 2029-03-24 | 8.375 | 9.00 |
| FGN FEB 2030 | 2030-02-23 | 7.143 | 9.00 |
| FGN JAN 2031 | 2031-01-21 | 8.747 | 9.25 |
| FGN FEB 2032 | 2032-02-16 | 8.875 | 9.35 |
| FGN SEPT. 2033 | 2033-09-28 | 7.375 | 9.40 |
| FGN FEB 2038 | 2038-02-23 | 7.696 | 9.55 |
| FGN NOV 2047 | 2047-11-28 | 7.625 | 9.55 |
| FGN JAN 2049 | 2049-01-21 | 9.248 | 9.80 |
| FGN SEP 2051 | 2051-09-28 | 8.250 | 9.90 |
- Treasury Bills of maturities (>90 days to 355 days) are also available at an indicative rate between 5.25% per annum to 14% per annum.
- FGN Bond of various maturities (2023 to 2050) also available at indicative rates ranging from 12.75% per annum to 17% per annum
- Eurobond of various maturities also available at indicative rates ranging from 9% per annum to 10.75% per annum