United Capital Sukuk Fund
Managed by United Capital Asset Mgt. LtdVisit website ↗
A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.
How to read United Capital Sukuk Fund
United Capital Sukuk FundA fund that invests primarily in sukuk and other Sharia-compliant fixed-income-like instruments. is a shariah-compliant equity funds managed by United Capital Asset Mgt. Ltd. It holds NGN 4.16B in net assets, ranking #88 out of 199 mutual funds and #4 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, United Capital Sukuk Fund's reported year-to-date yield is 9.5% and its reported week-to-date yield is 0.22%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.22% in one week or delivered a cumulative 9.5% 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 1.27 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 1.27, 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.
2,250 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 0.05% of total fund net asset value and 5.56% 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
Norrenberger Islamic Fund
Norrenberger Investment & Capital Mgt. Ltd.
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.