Stanbic IBTC Nigerian Equity Fund

Stanbic IBTC Nigerian Equity FundA fund that invests primarily in shares and seeks long-term capital growth. is a equity funds managed by Stanbic IBTC Asset Mgt. Limited. It holds NGN 76.22B in net assets, ranking #17 out of 199 mutual funds and #1 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, Stanbic IBTC Nigerian Equity Fund's reported year-to-date yield is 51.82% and its reported week-to-date yield is -0.35%. Treat these as yield indicators for comparison, not as proof that the fund earned -0.35% in one week or delivered a cumulative 51.82% 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 64,894.94 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 65,705.75, leaving a spread of NGN 810.81. 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.

31,146 unitholders gives this fund a visible investor base while still leaving room to compare distributionIncome or realised gains paid by a fund to its unitholders. strength with larger peers. The fund accounts for 0.83% of total fund net asset value and 32.14% of funds with the same type.