How to read Marble Halal Fixed Income Fund
Marble Halal Fixed Income FundA fund focused on income-producing debt securities such as government and corporate bonds. is a shariah-compliant fixed incomeInvestments that create contractual or expected interest and principal payments. funds managed by Marble Capital Limited. It holds NGN 996.42M in net assets, ranking #143 out of 199 mutual funds and #4 out of 7 similar funds.
Fixed income funds are usually compared through portfolioThe complete collection of investments owned by an investor or managed under one mandate. scale, yield, and return because they tend to hold bonds, treasury bills, and similar income-producing securities.
Currently, Marble Halal Fixed Income Fund's reported year-to-date yield is 8.13% and its reported week-to-date yield is 0.49%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.49% in one week or delivered a cumulative 8.13% 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 146.64 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 146.64, leaving a spread of NGN 0.00. 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.
138 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 0.01% of total fund net asset value and 1.94% of funds with the same type.
Similar Funds
Other shariah-compliant fixed income funds ordered by NAV.
Lotus Halal Fixed Income Fund
Lotus Capital Limited
Stanbic IBTC Shariah Fixed Income Fund
Stanbic IBTC Asset Mgt. Limited
ARM Sharia Compliant Fixed Income Fund
ARM Investment Managers Limited
Cordros Halal Fixed Income Fund
Cordros Asset Management Limited
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.