The ARM Target Income Investment Scheme is an open-ended investment scheme approved by SEC. It is a Naira-denominated Scheme that invests primarily in commercial papers and other short-Term Instruments with less than one-year maturity. 

The objective of the scheme is to help investors with low to moderate risk profile achieve higher returns with relatively stable income over the short to medium term. This objective is achieved by employing an active management strategy, curating an optimal mix of short-term fixed-income investments with maturities within the portfolio’s targeted one (1) year duration, thereby minimizing interest rate risk while achieving relatively higher returns.