MUTUAL FUNDS PART 7: EXAMPLES OF MUTUAL FUNDS
Dear Investors❤️. Welcome to Part 7 of our ongoing series on mutual funds. Over the past several weeks, we have explored various facets of mutual funds, including their types, benefits, and performance metrics. In this installment, we would look into examples of mutual funds across different categories for the year 2023. From balanced funds to Shariah-compliant funds, we would provide a snapshot of the top performers in each category, highlighting their fund managers and returns. Let's Begin:
BALANCED FUNDS:
1. ValuAlliance Value Fund
- Fund Manager: ValuAlliance Asset Management Limited
- Return: 83.34%
2. FBN Balanced Fund
- Fund Manager: FBNQuest Asset Management Limited
- Return: 46.24%
3. Women’s Balanced Fund
- Fund Manager: Chapel Hill Denham Management Limited
- Return: 45.54%
BOND/FIXED-INCOME FUNDS:
1. Stanbic IBTC Conservative Fund (Sub Fund)
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 24.6%
2. DLM Fixed Income Fund
- Fund Manager: DLM Asset Management Limited
- Return: 14.4%
3. Nigeria International Debt Fund
- Fund Manager: Afrinvest Asset Management Limited
- Return: 13.46%
EQUITY-BASED FUNDS:
1. Futureview Equity Fund
- Fund Manager: Futureview Management Limited
- Return: 86.02%
2. Stanbic IBTC Aggressive Fund
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 66.35%
3. Afrinvest Equity Fund
- Fund Manager: Afrinvest Asset Management
- Return: 64.39%
ETHICAL FUNDS:
1. Stanbic IBTC Ethical Fund
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 44.44%
2. ESG Impact Fund
- Fund Manager: Zenith Asset Management Limited
- Return: 37.84%
3. ARM Ethical Fund
- Fund Manager: Asset & Resources Management Company Limited
- Return: 19.64%
MONEY MARKET FUNDS:
1. AIICO Money Market Fund
- Fund Manager: AIICO Capital Limited
- Return: 14.24%
2. Trustbanc Money Market Fund
- Fund Manager: Trustbanc Asset Management Limited
- Return: 14.05%
3. Emerging Africa Money Market Fund
- Fund Manager: Emerging Africa Asset Management Limited
- Return: 13.33%
REAL ESTATE INVESTMENT TRUSTS (REITs):
1. UPDC Real Estate Investment Trust
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 113.33%
2. Union Homes REITS
- Fund Manager: SFS Capital Limited
- Return: 34.24%
3. SFS Real Estate Investment Trust Fund
- Fund Manager: SFS Capital Limited
- Return: 13.63%
SHARIAH-COMPLIANT FUNDS:
1. Stanbic IBTC Imaan Fund
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 43.84%
2. Lotus Halal Investment
- Fund Manager: Lotus Capital Limited
- Return: 18.16%
3. FBN Halal Fund
- Fund Manager: FBNQuest Asset Management
- Return: 13.22%
CONCLUSION:
If you are looking to invest in mutual funds, you can look into any of these options.
Dear Investors❤️. Welcome to Part 7 of our ongoing series on mutual funds. Over the past several weeks, we have explored various facets of mutual funds, including their types, benefits, and performance metrics. In this installment, we would look into examples of mutual funds across different categories for the year 2023. From balanced funds to Shariah-compliant funds, we would provide a snapshot of the top performers in each category, highlighting their fund managers and returns. Let's Begin:
BALANCED FUNDS:
1. ValuAlliance Value Fund
- Fund Manager: ValuAlliance Asset Management Limited
- Return: 83.34%
2. FBN Balanced Fund
- Fund Manager: FBNQuest Asset Management Limited
- Return: 46.24%
3. Women’s Balanced Fund
- Fund Manager: Chapel Hill Denham Management Limited
- Return: 45.54%
BOND/FIXED-INCOME FUNDS:
1. Stanbic IBTC Conservative Fund (Sub Fund)
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 24.6%
2. DLM Fixed Income Fund
- Fund Manager: DLM Asset Management Limited
- Return: 14.4%
3. Nigeria International Debt Fund
- Fund Manager: Afrinvest Asset Management Limited
- Return: 13.46%
EQUITY-BASED FUNDS:
1. Futureview Equity Fund
- Fund Manager: Futureview Management Limited
- Return: 86.02%
2. Stanbic IBTC Aggressive Fund
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 66.35%
3. Afrinvest Equity Fund
- Fund Manager: Afrinvest Asset Management
- Return: 64.39%
ETHICAL FUNDS:
1. Stanbic IBTC Ethical Fund
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 44.44%
2. ESG Impact Fund
- Fund Manager: Zenith Asset Management Limited
- Return: 37.84%
3. ARM Ethical Fund
- Fund Manager: Asset & Resources Management Company Limited
- Return: 19.64%
MONEY MARKET FUNDS:
1. AIICO Money Market Fund
- Fund Manager: AIICO Capital Limited
- Return: 14.24%
2. Trustbanc Money Market Fund
- Fund Manager: Trustbanc Asset Management Limited
- Return: 14.05%
3. Emerging Africa Money Market Fund
- Fund Manager: Emerging Africa Asset Management Limited
- Return: 13.33%
REAL ESTATE INVESTMENT TRUSTS (REITs):
1. UPDC Real Estate Investment Trust
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 113.33%
2. Union Homes REITS
- Fund Manager: SFS Capital Limited
- Return: 34.24%
3. SFS Real Estate Investment Trust Fund
- Fund Manager: SFS Capital Limited
- Return: 13.63%
SHARIAH-COMPLIANT FUNDS:
1. Stanbic IBTC Imaan Fund
- Fund Manager: Stanbic IBTC Asset Management Limited
- Return: 43.84%
2. Lotus Halal Investment
- Fund Manager: Lotus Capital Limited
- Return: 18.16%
3. FBN Halal Fund
- Fund Manager: FBNQuest Asset Management
- Return: 13.22%
CONCLUSION:
If you are looking to invest in mutual funds, you can look into any of these options.