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Funds traded like shares
Nigeria ETF Structure Map
Follow a Nigerian ETF through fund management, custody, creation and redemptionThe process of selling fund units back to the fund in exchange for cash., NGX trading, CSCS settlement, pricing, distributions, and investorA person or organisation that commits capital with the expectation of a financial return. exit.
What you will learn
Who receives the money, what you own, who protects the asset, who keeps the records, and where responsibility sits when something fails.
The structure at a glance
YOU
investor
You
↓
BR
intermediary
Broker
↓
FM
intermediary
ETF manager
↓
NGX
market
NGX
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