Cowry Balanced Fund

Cowry Balanced FundA fund that combines growth assets such as shares with income assets such as bonds and cash. is a balanced funds managed by Cowry Treasurers Limited. It holds NGN 1.46B in net assets, ranking #131 out of 199 mutual funds and #19 out of 29 similar funds.

Balanced funds combine growth and income objectives, so the useful comparison is not only total returnThe complete investment result from price changes plus income, assuming distributions are included. but also how much capital has gathered in the fund relative to peers.

Currently, Cowry Balanced Fund's reported year-to-date yield is 42% and its reported week-to-date yield is 0.17%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.17% in one week or delivered a cumulative 42% 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 299.70 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 301.28, leaving a spread of NGN 1.59. 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.

210 unitholders is useful context, but it should be read with net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit. because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0.02% of total fund net asset value and 0.93% of funds with the same type.