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|Top 10 Mutual Fund Managers In Nigeria by freeman191(m): 5:40am On Jun 02, 2015|
A mutual fund is a portfolio of financial assets – stocks, bonds, treasury securities, etc – owned collectively by various individual investors, but managed on their behalf by an investment company. It amounts to a pooling of funds by several investors, under the management of an investment institution that has the skills, experience and tools to manage such funds by investing in financial assets. Usually, the institution creates the fund and invites the investing public to contribute by buying into it.
Here are the top 10 Mutual Fund Managers in the Nigeria in no particular order
Stanbic IBTC Asset Mgt. Limited
They operate several equity funds. They were awarded Best Mutual Fund Provider in 2015. Stanbic IBTC Asset Management is a wholly owned asset management subsidiary of Stanbic IBTC Holdings, a member of Standard Bank Group, the largest banking group in Africa. They offer numerous clients products and services, ranging from traditional assets (i.e. equities, fixed income securities and mutual funds) to alternative investment options such as unquoted equities and private equity opportunities. They manage the Stanbic IBTC Nigerian Equity Fund, Their flagship fund, as well as the Stanbic IBTC Ethical Fund, Stanbic IBTC Guaranteed Investment Fund, Stanbic IBTC Money Market Fund and Stanbic IBTC Bond Fund.
FBN Capital Limited
They provide strategic advice, arrange finance, administer assets, manage funds, sell investment products and invest alongside clients. They offer financial solutions to both individuals and institutions, including governments, corporations, institutional investors high networth individuals through five key divisions:
Trust and Agency Services
FBN Money Market Fund
FBN Fixed Income Fund
FBN Heritage Fund
Asset & Resources Mgt. Co. Ltd
Asset & Resource Management Company is Nigeria’s largest independent non-bank financial institution with over 20 years of experience in asset management. The ARM Group offers a variety of products to its retail clients including mutual funds, real estate, life insurance, pension administration and stockbroking services.
ARM has an AA- rating by Agusto & Co, (the highest rating for an asset management firm in Nigeria) and was named the Best Fund Manager in Nigeria in 2013 by Capital Finance International.
ARM Aggressive Growth Fund
ARM Discovery Fund
ARM Ethical Fund
ARM Money Market Fund
Alternative Cap. Partners Ltd
They operate an equity fund called ACAP Canary Growth Fund. The ACAP CanaryGrowth Fund (“The Fund”) is a Securities and Exchange Commission (“SEC”) registered collective investment scheme listed on the Nigerian Stock Exchange Memorandum Quotation. The Fund is open to strategic investors- High Net worth Individuals, Pension Fund Administrators, Insurance Companies, Mortgage and Microfinance Banks, Endowment Funds, Family & Trust Funds, Educational centres, Charity Organisations, Religious Houses, Company Co-operatives & Staff Schemes and Federal, State & Local Governments including their Investment companies. Minimum Subscription is 50,000 units and 10,000 units thereafter.
UBA Asset Management Limited
The UBA Mutual Fund is authorized and registered in Nigeria as a Unit Trust Scheme under Section 125 of the Investment Securities Act (ISA). It is an open ended fund. There is free entry and free exit Subscription.
UBA Balanced Fund
UBA Bond Fund
UBA Equity Fund
UBA Money Market Fund
Investment One is one of the fastest growing Financial Services firms in Nigeria. Following the Central Bank of Nigeria initiated reforms in the banking industry, There erstwhile parent company; Guaranty Trust Bank Plc divested its shareholding in the company. The company was acquired by select investors, management and staff of Investment One.
Founded in 2007, Investment One (then GTB Asset Management Limited) commenced business in 2008. They provide Investment Management, Trust Services, Financial Advisory Services and through there subsidiaries provide Securities Brokerage, Fund Management and Pensions Services to individuals, corporate institutions, state governments and government agencies and parastatals
Nigerian International Growth Fund (NIGFUND)
Kakawa Guaranteed Income Fund (KGIF)
myPASS (my Project Aimed Savings)
Guaranteed Investment Saving (GIS)
Zenith Capital Limited
The Zenith Equity, Income and Ethical funds – which were just recently offered to the public – are the latest addition to the group’s bouquet of wealth management services. These funds enable individuals and institutions to gain portfolio exposure to financial markets while minimizing transaction costs and initial investment limits.
Zenith Equity Fund
Zenith Income Fund
Zenith Ethical Fund
Zenith Capital Limited is owned by Zenith Bank.
FSDH Asset Management Ltd
They operate an equity fund called Coral Growth Fund (CGF). It was established on February 1, 2001. It is an actively managed, open-ended unit trust scheme that invests in equities and debt securities of large companies quoted on any Nigerian Stock Exchange, investment grade fixed income securities and in the money market. The CGF invest 65% in quoted equities and the balance of 35% in fixed income securities and the money market.
The objective of the CGF is to enable investors’ achieve capital growth over the long-term. In particular, the CGF will enable investors satisfy a broad variety of financial needs and can serve as a:
Pension / Retirement Plan
Educational Plan ( for your children)
Contingent Plan (e.g. medical bills)
Initial investors must invest an initial minimum sum of N50,000 Additional minimum investment of N10,000 can be made thereafter. Redemption can be made after a five business days’ notice has been given in writing to the Fund Manager, FSDH AM
Chapel Hill Denham Group
Chapel Hill Denham Group and is the leading independent investment banking firm in Nigeria. The firm commenced business in July 2005 and is licensed by the Securities & Exchange Commission as an Issuing House and Market Maker and is one of the most capitalised independent investment banks in Nigeria.
Chapel Hill was ranked the “Best Investment Bank in Nigeria” and “Best Debt House in Nigeria” for the last year. The firm provides comprehensive advisory services to a diverse client base which includes financial institutions, major corporations, individual and institutional investors and government agencies. Our transaction experience spans across several sectors including banking, insurance, real estate, manufacturing, telecommunications, oil & gas, aviation and the public sector.
Mutual Funds being offered are
PARAMOUNT EQUITY FUND
WOMEN’S INVESTMENT FUND
CHD MILLENNIUM FUND
NIGERIA GLOBAL INVESTMENT FUND
Sterling Capital Market Limited
They offer an equity fund called Frontier Fund. The Frontier Fund is a balanced, open- ended unit trust scheme incorporated on 18th March 2004. It has a primary objective of achieving long-term capital appreciation as well as return a competitive income to its Unit holders by investing in carefully selected money and capital market instruments, with the aid of highly seasoned professional fund managers.
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|Re: Top 10 Mutual Fund Managers In Nigeria by forreelinc(m): 11:32am On Jun 06, 2015|
what is the minimum amount one can invest in mutual funds
|Re: Top 10 Mutual Fund Managers In Nigeria by Johnmichael2016: 10:50am On Jun 17, 2016|
The FBN Nigeria Eurobond (USD) Fund
The FBN Nigeria Eurobond (USD) Fund is a fixed income mutual fund that provides income and capital appreciation by investing in US dollar denominated debt instruments issued by the Nigerian government and reputable corporate institutions.
The Fund is Nigeria’s first US dollar denominated mutual fund which allows you to earn an income in dollars, giving you a really smart alternative for growing your wealth.
You might wonder how the FBN Nigeria Eurobond (USD) Fund compares to a normal bank US dollar domiciliary account. The fund generally offers higher rates which means that you can earn a lot more interest on your money.
To get started, simply invest with a minimum of $1,000 (retail investors) or $100,000 (institutional investors).
click here Smart Beta Equity Fund
The FBN Nigeria Smart Beta Equity Fund
The FBN Nigeria Smart Beta Equity Fund is a pure equity fund that invests your money predominantly in a portfolio of Nigerian companies, using a rigorous, research based and tested evaluation system.
At least 75% of the fund’s assets (excluding cash and cash equivalents) will be invested in a diversified portfolio of high quality companies listed on the Nigerian Stock Exchange. In order to manage liquidity, the fund may also invest up to 25% in short-term money market instruments and deposits with financial institutions.
The fund provides long-term capital preservation by investing in listed stocks and across all sectors in Nigeria.
All you need to get started is invest with a minimum of N50,000. Click here www.fbnquest.com/SmartBetaFund
|Re: Top 10 Mutual Fund Managers In Nigeria by Johnmichael2016: 10:54am On Jun 17, 2016|
Here are the details:Minimum Amount for :
FBN Money Market Fund : 5000
FBN Fixed Income Fund : 50000
FBN Heritage Fund : 50000
FBN Nigeria Smart Beta Equity Fund : Minimum of N50,000
FBN Nigeria Eurobond (USD) Fund : Minimum of $1,000 (retail investors) or $100,000 (institutional investors).
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|Re: Top 10 Mutual Fund Managers In Nigeria by Naijainvestor: 11:56pm On Jun 17, 2016|
What is the basis of selection, AUM, performance, number of funds managed or what?
|Re: Top 10 Mutual Fund Managers In Nigeria by Naijainvestor: 11:59pm On Jun 17, 2016|
Visit mutual funds Nigeria dot com, click on each fund and all your questions will be answered
|Re: Top 10 Mutual Fund Managers In Nigeria by Johnmichael2016: 10:02am On Jul 29, 2016|
FBN Money Market Fund : Short-to-medium term investment solution with low risk Money Market Fund
FBN Fixed Income Fund : Fixed Income FundRegular income with exposure to the bond market
FBN Heritage Fund Heritage Fund: Superior capital growth with diversification across equities, bonds and treasury bills
FBN Nigeria Eurobond (USD) Fund : Steady income with exposure to USD denominated debt instruments with low- medium risk Eurobond (USD) Fund
FBN Nigeria Smart Beta Equity Fund Smart Beta Equity Fund : Long- term capital growth by investing primarily in a portfolio of equities listed in Nigeria, with high risk
|Re: Top 10 Mutual Fund Managers In Nigeria by emmanuelewumi(m): 8:53pm On Dec 16, 2017|
Are you working with FBN asset management company, I just opened a stockbroking account with FBN Securities
|Re: Top 10 Mutual Fund Managers In Nigeria by karlboss: 9:52pm On Dec 16, 2017|
Since 2015 is this post still valid in 2027
|Re: Top 10 Mutual Fund Managers In Nigeria by martins80(m): 9:54pm On Dec 18, 2017|
|Re: Top 10 Mutual Fund Managers In Nigeria by ssolaoye: 11:02pm On Apr 03, 2019|
Get the list of best mutual funds for investment in Nigeria in 2019.
|Re: Top 10 Mutual Fund Managers In Nigeria by joeyreports: 4:27pm On Sep 09, 2019|
I'll like to read other views on money market...
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