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How It Works

Aeternum operates on a simple, transparent investment cycle designed to align member contributions with long-term asset growth. Capital is pooled, deployed deliberately, and tracked through a unit-based Net Asset Value (NAV) system that ensures fairness and clarity at every stage.

The Investment Cycle

Members Contribute Capital

Members contribute capital during defined subscription windows. Each contribution is converted into investment units at the prevailing NAV per unit, reflecting the current value of the fund.

Earlier contributions typically acquire units at lower prices, while later contributions enter at higher NAVs as the fund grows—ensuring proportional ownership based on timing and amount contributed.

Capital Is Deployed Strategically

Pooled capital is deployed into approved investment opportunities, with land banking as the primary focus. Assets are selected based on long-term growth potential, legal clarity, and alignment with the syndicate's risk framework.

Where appropriate, capital may also be temporarily allocated to other low-to-medium risk instruments to preserve value and maintain liquidity.

Assets Appreciate Over Time

As land assets appreciate—driven by market demand, infrastructure development, or strategic positioning—the total value of the fund increases. This growth is reflected directly in the Net Asset Value (NAV), increasing the value of each outstanding unit.

No new units are created through appreciation; value growth is captured entirely through rising NAV.

Value Is Realized and Distributed

Value is realized through asset sales, income generation, or structured liquidity events. Proceeds are distributed proportionally based on unit ownership, ensuring members participate fairly in gains relative to their contribution.

Members may also redeem units during designated liquidity windows, subject to the fund's policies and available liquidity.

Key Concepts

Net Asset Value (NAV)

The Net Asset Value represents the total value of the syndicate's assets—land holdings and cash equivalents—minus any liabilities. NAV is recalculated periodically and reflects the current economic value of the fund.

Units

Units represent your economic ownership in Aeternum. When you contribute capital, you receive units priced at the current NAV per unit. Your percentage ownership is determined by the number of units you hold relative to the total units outstanding.

Unit Price

The unit price is the value of a single unit and is calculated as NAV ÷ Total Units Outstanding. As the value of the syndicate's assets increases or decreases, the unit price adjusts accordingly. Asset appreciation increases unit price; no new units are created through growth.

NAV ÷ Total Units Outstanding

Money Market Allocation

Uninvested capital is held in low-risk, interest-bearing money market instruments. This allows capital to earn returns while awaiting deployment into long-term investments such as land, helping preserve value and manage liquidity.

Example Scenario

Scenario: You join Aeternum when the unit price is ₦100.

Year 0Initial Contribution

You contribute ₦500,000
You receive 5,000 units

Year 2First Appreciation

Land assets appreciate, unit price rises to ₦150
Your units are now worth ₦750,000
Gain: ₦250,000 (+50%)

Year 5Continued Growth

Continued appreciation raises the unit price to ₦250
Your 5,000 units are now worth ₦1,250,000

What This Demonstrates

Units remain constant once issued
Growth is captured through rising unit price
Returns are proportional to units held
Timing and patience matter in long-term investing

Key Takeaway

You do not earn more by owning more units later—you earn more when the assets grow. The unit-based NAV model ensures transparency, fairness, and alignment across all members, regardless of contribution size or timing.

Fund Structure

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