Here are some of frequently asked questions on CAPIS' Kids Capital Trust (KCT). If you still have areas regarding any of our services you would like clarification, feel free to push the "Ask Question" button to send us a message.
KCT stands for Kids Capital Trust. It is one of the services offered by Capital Portfolio and Investment Systems (CAPIS) Ltd. It is a service that provides parents/guardians a unique and seamless opportunity to lay a strong financial foundation for their children/wards.
The final value of the KCT at maturity differs depending on the class that was subscribed to. In either case, the beneficiary is guaranteed a multi-million naira fund at maturity. For an accurate final value amount see our Growth Rate and Final Value Calculator.
The terms and conditions for this service captures all you need to know about the service. There is no other policy or condition aside that which is contained in the KCT Terms and Conditions of service.
The service comes with a free health insurance plan for the beneficiary of the service applicable when the KCT has subsisted for fifty percent of its tenor. The child also stand to enjoy financial/investment advice at the maturity of the KCT if she so desire. The child can also have access to additional seed capital from CAPIS if she decides to invest her funds in a business venture that require more than the final value of her KCT. The additional seed capital will however be repayable after 3 years.
The fund is for the child and not for his/her parent or guardian. The child is expected to take over control of their KCT account once she turns 18. At 18, the child will be requested to upload her current picture and update any other relevant information apart from her Date of Birth. On her 21st birthday, CAPIS will send the child a birthday greeting and invite the child to come for the fund.