GDL Canary Growth Fund
Managed by Growth & Development Asset Management Limited
A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.
How to read GDL Canary Growth Fund
GDL Canary Growth Fund is a balanced funds managed by Growth & Development Asset Management Limited. It holds NGN 6.85B in net assets, ranking #71 out of 199 mutual funds and #9 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, GDL Canary Growth Fund's reported year-to-date yield is 30.28% and its reported week-to-date yield is 0.03%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.03% in one week or delivered a cumulative 30.28% 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 3.99 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 4.07, leaving a spread of NGN 0.08. 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.
10,202 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 0.07% of total fund net asset value and 4.36% of funds with the same type.
Compared With Similar Funds
How this fund compares with other balanced funds.
Similar Funds
Other balanced funds ordered by NAV.
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ARM Investment Managers Limited
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Guaranty Trust Balanced Fund
Guaranty Trust Fund Managers
New to mutual fund terms?
Look up net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit., yield, bid-offer spread, unitholders, and more in the glossary.