Norrenberger Turbo Fund (NTF)
Managed by Norrenberger Investment & Capital Mgt. Ltd.
A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.
How to read Norrenberger Turbo Fund (NTF)
Norrenberger Turbo Fund (NTF) is a fixed incomeInvestments that create contractual or expected interest and principal payments. / bond 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 5.68B in net assets, ranking #79 out of 199 mutual funds and #10 out of 42 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, Norrenberger Turbo Fund (NTF)'s reported year-to-date yield is 14.13% and its reported week-to-date yield is 0.05%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.05% in one week or delivered a cumulative 14.13% 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 104.86 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 104.86, 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.
502 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 0.06% of total fund net asset value and 1.28% of funds with the same type.
Compared With Similar Funds
How this fund compares with other fixed income / bond funds.
Similar Funds
Other fixed income / bond funds ordered by NAV.
United Capital Global Fixed Income Fund
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United Capital Stable Income Fund
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Guaranty Trust Equity Income 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.