Nigerian Mutual Funds/Meristem Equity Market Fund
Equity FundsSEC figures updated 2026-05-29

Meristem Equity Market Fund

Managed by Meristem Wealth Management LimitedVisit website ↗

A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.

Net asset value
NGN 10.15B
Overall rank#66 of 199
Fund type rank#9 of 18
Week-to-date yield
-4.8%
Week-to-date
Year-to-date yield
58.9%
Year-to-date
Unitholders
2,234
Investor count
Fund share
0.11%
Share of total fund NAV
Fund profile

How to read Meristem Equity Market Fund

Meristem Equity Market Fund is a equity funds managed by Meristem Wealth Management Limited. It holds NGN 10.15B in net assets, ranking #66 out of 199 mutual funds and #9 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, Meristem Equity Market Fund's reported year-to-date yield is 58.9% and its reported week-to-date yield is -4.8%. Treat these as yield indicators for comparison, not as proof that the fund earned -4.8% in one week or delivered a cumulative 58.9% 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 49.19 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 49.44, leaving a spread of NGN 0.25. 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.

2,234 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 0.11% of total fund net asset value and 4.28% of funds with the same type.

Price Details

Bid price
NGN 49.19
Offer price
NGN 49.44
Spread
NGN 0.25
USD NAV
N/A
USD bid
N/A
USD offer
N/A

Compared With Similar Funds

How this fund compares with other equity funds.

Similar funds NAV
NGN 237.17B
Share of similar funds
4.28%
Share of this type
4.28%

Similar Funds

Other equity funds ordered by NAV.

In this type
18
Type NAV
NGN 237.17B
View all →

New to mutual fund terms?

Look up net asset value, yield, bid-offer spread, unitholders, and more in the glossary.

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Educational use only. This is not investmentAn asset or commitment of money made with the expectation of future income, growth, or both. advice. Check the fund managerThe licensed firm responsible for investment decisions and day-to-day management of a fund.'s latest factsheet, fees, minimum investment, redemptionThe process of selling fund units back to the fund in exchange for cash. terms, and current price before making any investment decision.