Data from the Security and Exchange Commission (SEC) says there are 74 Mutual Funds in the country as at February 23, 2017.
The Mutual Funds are further segmented into categories such as Equity Based Mutual Funds, Fixed Income Security Funds, Money Market Funds, Bond Funds, Mixed Funds and Real Estate Funds.
Investors in these array of funds expect periodic growth in the funds Net Asset Value in line with their investment goals.
SEC’s latest data on Fund Performance lists our the performance of all registered Mutual Funds in the country over an 8 week period, spanning from December 28, 2017 to the week ended February 23, 2018. The results are in are this is the best funds in Nigeria today in terms of increase in Net asset Value.
Best Performing Fund – Paramount Equity Fund
Who are the Fund Managers – Chapel Hill Denham
Type of Fund – Equity Based Fund
NAV Increase – 31.68%
Other top performers
FBN Nigeria Smart Beta Equity Fund
Stanbic IBTC Aggressive Fund (Sub Fund)
See table below
Can’t find your Fund on the list above? Download or view the Spreadsheet below;
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