Paramount Equity Fund
Managed by Chapel Hill Denham Mgt. LimitedVisit website ↗
A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.
How to read Paramount Equity Fund
Paramount Equity FundA fund that invests primarily in shares and seeks long-term capital growth. is a equity funds managed by Chapel Hill Denham Mgt. Limited. It holds NGN 25.59B in net assets, ranking #33 out of 199 mutual funds and #2 out of 18 similar funds.
Equity funds usually require more patience from investors because returns can move with the stock market, so net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit. scale and yield figures are useful first checks.
Currently, Paramount Equity Fund's reported year-to-date yield is 65.62% and its reported week-to-date yield is -0.16%. Treat these as yield indicators for comparison, not as proof that the fund earned -0.16% in one week or delivered a cumulative 65.62% investorA person or organisation that commits capital with the expectation of a financial return. return year to date.
The bid priceThe price at which a fund or market participant buys units or securities from an investor. is NGN 78.61 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 78.77, leaving a spread of NGN 0.16. A wider bid-offer spreadThe difference between the price at which units can be sold and the price at which they can be bought. can matter for entry and exit pricing, so it should be checked against the manager's current dealing terms.
19,224 unitholders gives this fund a visible investor base while still leaving room to compare distributionIncome or realised gains paid by a fund to its unitholders. strength with larger peers. The fund accounts for 0.28% of total fund net asset value and 10.79% of funds with the same type.
Compared With Similar Funds
How this fund compares with other equity funds.
Similar Funds
Other equity funds ordered by NAV.
Stanbic IBTC Nigerian Equity Fund
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Zrosk Magna Equity Fund
Zrosk Investment Management Limited
ARM Aggressive Growth Fund
ARM Investment Managers Limited
United Capital Equity Fund
United Capital Asset Mgt. Ltd
New to mutual fund terms?
Look up net asset value, yield, bid-offer spread, unitholders, and more in the glossary.