How to read One17 Halal Fund
One17 Halal Fund is a shariah-compliant equity funds managed by One17 Capital Limited. It holds NGN 172.85M in net assets, ranking #184 out of 199 mutual funds and #11 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, One17 Halal Fund's reported year-to-date yield is 17.79% and its reported week-to-date yield is 0.14%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.14% in one week or delivered a cumulative 17.79% 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 129.37 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 132.04, leaving a spread of NGN 2.67. 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.
315 unitholders is useful context, but it should be read with net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit. because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0% of total fund net asset value and 0.23% of funds with the same type.
Similar Funds
Other shariah-compliant equity funds ordered by NAV.
Stanbic IBTC Imaan Fund
Stanbic IBTC Asset Mgt. Limited
Lotus Halal Investment Fund
Lotus Capital Limited
First Asset Halal Fund
First Asset Management Limited
United Capital Sukuk Fund
United Capital Asset Mgt. Ltd
New to mutual fund terms?
Look up net asset value, yield, bid-offer spread, unitholders, and more in the glossary.