Less than 0.25% of Nigeria’s population invests in Mutual Funds
There is a huge potential for growth in Nigeria's mutual fund industry.
There is a huge potential for growth in Nigeria's mutual fund industry.
Reports show that nearly 90% of American households that own mutual funds reviewed fund fees and expenses in 2020.
Nairametrics reviews the best Mutual Funds in the month of May 2021, judging by their performance.
The question that calls for an answer is: what are the reasons for the bloodletting in Nigerian mutual funds?
Together, the nine funds added this year have contributed about N15 billion to the total asset of Nigerian mutual funds.
Nairametrics analysed Nigeria's best performing mutual funds in the month of April 2021.
2021 has been a slow year for mutual fund investors as the best performing fund could only return 4.87%
The Net Asset Value of the listed Nigerian Mutual Funds dipped by 4.01% in Q1 2021
Nairametrics reviews the best Mutual Funds in the month of February 2021, judging by their performance.
According to data from the SEC, 49.2% of the 118 registered funds recorded positive growth in January 2021