Opportunik, a private wealth fund that aims to give Africans and Diasporans access to global investments, will be launching a licensed fund next month, according to a statement made available to Techloy.
The multi-asset growth fund, Opportunik Global Fund [OGF], will be administered by Accuvise Administrators Limited, a registered fund administrator based in Mauritius.
OGF will offer a diverse mix of asset classes, enabling investors to create wealth with minimal currency or political risk. The fund aims to address African investors' pain points, including high barriers to global deals, the insufficient yield on smaller ticket sizes, ever-changing foreign exchange rates, and high inflation and taxation.
The low-entry barrier fund will have a minimum investment of $5,000 and optional monthly subscriptions in multiples of $1,000. It will provide access to diversified asset classes and investment strategies in multiple financial markets with a projected annual return of 10-20% paid to investors’ bank accounts.
As an African-born fund, OGF recognises that the continent is full of wealth opportunities. The fund aims to empower rising middle-class Africans with a platform to access new markets beyond the continent’s borders.
The team behind OGF is made up of fund managers located across Africa, including South Africa, Nigeria, Kenya, and Zambia. The fund will work alongside Accuvise Administrators, which has over $216 million in Assets Under Administration and a proven track record of structuring and administrating investment funds.