Norrenberger Islamic Fund

Norrenberger Islamic Fund is a shariah-compliant equity funds managed by Norrenberger InvestmentAn asset or commitment of money made with the expectation of future income, growth, or both. & Capital Mgt. Ltd.. It holds NGN 3.31B in net assets, ranking #96 out of 199 mutual funds and #5 out of 12 similar funds.

Shariah-compliant funds should be compared with similar Shariah funds because their investable universe is filtered by Islamic finance principles, which can affect asset allocationThe percentage of a portfolio invested across asset classes such as cash, bonds, shares, and property. and return pattern.

Currently, Norrenberger Islamic Fund's reported year-to-date yield is 18.45% and its reported week-to-date yield is 0.38%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.38% in one week or delivered a cumulative 18.45% 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 107.38 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 107.38, 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.

918 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 0.04% of total fund net asset value and 4.42% of funds with the same type.