Nigerian mutual funds generated an estimated gain of N1.9 billion in 2018, to bring its total Net Asset Value to N648.2 billion.
The popularity of mutual funds and the part they play in retirement savings has long been embraced all over the world except in Nigeria.
When it comes to consistency in investment, it is not only the consistency of fund or investment performance that matters
The Nigerian alternative investment space represented by pension and mutual funds saw their assets increase at a slow rate.
A consistent fund is one that delivers returns that are above its benchmark almost all the time. Consistency of returns is one of the things smart investors
Among the RSA funds the highest positive return for the month was recoded by Veritas Glanvills RSA Pension.
The selection is based on analysis conducted by Quantitative Financial Analytics.
Earlier in the year, mutual fund assets crossed the half trillion Naira mark.
Nigerian mutual fund investors’ love for high yield and their fear of the unknown seem to have conspired against equity-based funds. This conspiracy has...
DV Balanced fund allocated 32.38% of its assets to Equities, 41.72% to money market securities, 25.73% to fixed income and 0.53% to cash as at June ending.
Just few days after we reported that only two pension fund administrators were up to date.
The Nigerian pension fund industry has been growing since the enactment of the pensions act of 2004.
NLPC Pension Fund Administrators Limited is being credited for taking the lead.
Data released from Fund Assets and Registration report indicates that additional 55,038 members enrolled.
The United Capital Nigerian Eurobond Fund returned 0.5%.
All mutual fund investment companies are required to register in Nigeria.
Premium Pensions RSA fund led the performance ranking of Nigeria’s RSA Pension funds.
mutual funds are pooled investment vehicles that collect money from various investors and invest.
This achievement is coming after the fund manager added yet another fund, Afrinvest Plutus Fund, to its fund management portfolio.
2018 is not shaping up to be a good year for mutual fund investors, analysis from QFA has revealed.
You would not want to choose the unknown, which will be akin to shooting in the dark.