According to data released by FBNQuest Asset Management, fund managers continue to achieve commendable results, which are reflected in the strong performance of their funds.
The FBN bond fund is the best performing mutual fund, with a return rate of 104.20% among the five funds. During the year. Its US dollar fund FBN European Bond Fund returned 48.43% over the same period.
In addition, the performance of the FBN Smart Beta equity fund over the five-year period was also 38.22% higher than the benchmark.
FBNQuest asset management company FBN Holdings disclosed at the annual general meeting of five mutual funds managed by the company. These funds include FBN Balanced Fund, FBN Smart Beta Equity Fund, FBN Eurobond Fund, FBN Bond Fund and FBN Money Market Fund. FBNQuest Asset Management’s mutual funds provide investment opportunities for investors with low, medium or high risk tolerance. Ike Onyia, managing director of FBNQuest’s asset management department, said: “Our outstanding track record is based on the research capabilities, insights and experience of our portfolio management and research teams. Our mutual funds can be a useful investment option that helps To develop unique value-added investment strategies for different customer groups. This is because our mutual funds cover various asset classes such as stocks, bonds and currency markets.”
Other useful sources :
– FBN Bond Fund returns 104.20% in five years – The Nation Nigeria
– FBN Bond Fund returns 104.20% in five years – Winnaijatv
