First Asset Nigeria Smart Beta Equity Fund

First Asset Nigeria Smart Beta Equity FundA fund that invests primarily in shares and seeks long-term capital growth. is a equity funds managed by First Asset Management Limited. It holds NGN 6.75B in net assets, ranking #72 out of 199 mutual funds and #10 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, First Asset Nigeria Smart Beta Equity Fund's reported year-to-date yield is 43.43% and its reported week-to-date yield is 0.66%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.66% in one week or delivered a cumulative 43.43% 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 650.21 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 659.62, leaving a spread of NGN 9.41. 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.

2,135 unitholders is useful context, but it should be read with net asset value because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0.07% of total fund net asset value and 2.85% of funds with the same type.