Fund performance is measured and reported daily to management on a post-trade basis. Asset valuation and pricing of positions and the analysis of investment returns are done daily on an accrual and marked-to-market basis. Also performance attribution are done on a daily, weekly or monthly basis and classified by sector, industrial grouping and market. Furthermore, online real-time reports are available through the management dashboards.

Internally derived and public benchmarks are used to appraise the performance of the Fund by security, sector, industrial grouping and market.

Statistical analysis on the investments; and comparison with specific benchmark portfolios e.g. the Nigerian All-Share Index are conducted. Performance attribution analysis and risk-adjusted performance measurement are carried out. Performance attribution are analyzed to ascertain the over/under performance of funds and individual portfolio and investment managers. This process enhances the understanding of the value added by the portfolio and investment managers. This is done relative to the risk of the investment to enable the Board and Management determine what risks the manager is taking and compare actual return versus the risk taken by the manager.

Portfolio Structure
Our fund portfolio is structured to guarantee maximum returns on all our investments while ensuring compliance with PenCom benchmark.

FUND I - PORTFOLIO STRUCTURE

 

 

 

 

 

 

Date

Cash Balance

Corporate Bonds

Ordinary Shares

FGN Bonds

Money Markets

Treasury Bills

Hybrid Funds Value

Total

25-Apr-19

0.08%

0.51%

1.30%

0.00%

25.07%

73.03%

0.00%

100.00%

24-Apr-19

0.13%

0.51%

1.32%

0.00%

25.02%

73.02%

0.00%

100.00%

23-Apr-19

0.04%

0.51%

1.29%

0.00%

25.05%

73.10%

0.00%

100.00%

22-Apr-19

0.01%

0.51%

1.28%

0.00%

25.07%

73.13%

0.00%

100.00%

21-Apr-19

0.01%

0.51%

1.28%

0.00%

25.07%

73.13%

0.00%

100.00%

20-Apr-19

0.01%

0.51%

1.28%

0.00%

25.07%

73.13%

0.00%

100.00%

19-Apr-19

0.01%

0.51%

1.28%

0.00%

25.07%

73.13%

0.00%

100.00%

*Note: Commenced on 14th September, 2018

 

 

 

 

 

 

FUND II - PORTFOLIO STRUCTURE

 

 

 

 

 

 

Date

Cash Balance

Corporate Bonds

Ordinary Shares

FGN Bonds

Money Markets

Treasury Bills

Hybrid Funds Value

Total

25-Apr-19

0.14%

10.86%

7.42%

48.06%

15.04%

18.21%

0.28%

100.00%

24-Apr-19

0.10%

10.86%

7.44%

48.06%

15.04%

18.21%

0.28%

100.00%

23-Apr-19

0.31%

10.85%

7.40%

48.04%

14.91%

18.20%

0.28%

100.00%

22-Apr-19

0.07%

10.87%

7.38%

48.14%

15.03%

18.22%

0.28%

100.00%

21-Apr-19

0.07%

10.87%

7.38%

48.14%

15.03%

18.22%

0.28%

100.00%

20-Apr-19

0.07%

10.86%

7.39%

48.14%

15.03%

18.22%

0.28%

100.00%

19-Apr-19

0.07%

10.86%

7.39%

48.14%

15.03%

18.22%

0.28%

100.00%

*Note: Commenced on 23rd December, 2014

 

 

 

 

 

 

FUND III - PORTFOLIO STRUCTURE

 

 

 

 

 

 

Date

Cash Balance

Corporate Bonds

Ordinary Shares

FGN Bonds

Money Markets

Treasury Bills

Hybrid Funds Value

Total

25-Apr-19

0.10%

13.70%

6.86%

50.80%

7.81%

20.72%

0.00%

100.00%

24-Apr-19

0.98%

13.70%

6.88%

50.80%

6.92%

20.72%

0.00%

100.00%

23-Apr-19

0.12%

13.84%

6.91%

51.32%

6.88%

20.92%

0.00%

100.00%

22-Apr-19

0.08%

13.84%

6.89%

51.37%

6.89%

20.93%

0.00%

100.00%

21-Apr-19

0.08%

13.84%

6.89%

51.37%

6.89%

20.93%

0.00%

100.00%

20-Apr-19

0.08%

13.84%

6.90%

51.37%

6.89%

20.92%

0.00%

100.00%

19-Apr-19

0.08%

13.84%

6.90%

51.37%

6.88%

20.92%

0.00%

100.00%

*Note: Commenced on 16th August, 2018

 

 

 

 

 

 

FUND IV - PORTFOLIO STRUCTURE

 

 

 

 

 

 

Date

Cash Balance

Corporate Bonds

Ordinary Shares

FGN Bonds

Money Markets

Treasury Bills

Hybrid Funds Value

Total

25-Apr-19

0.13%

4.06%

0.88%

9.76%

12.04%

73.13%

0.00%

100.00%

24-Apr-19

2.06%

3.99%

0.86%

9.57%

11.81%

71.72%

0.00%

100.00%

23-Apr-19

3.14%

3.98%

0.87%

9.57%

10.77%

71.68%

0.00%

100.00%

22-Apr-19

0.06%

3.98%

0.86%

9.57%

13.85%

71.69%

0.00%

100.00%

21-Apr-19

0.06%

3.98%

0.86%

9.57%

13.85%

71.68%

0.00%

100.00%

20-Apr-19

0.06%

3.98%

0.86%

9.57%

13.85%

71.68%

0.00%

100.00%

19-Apr-19

0.06%

3.98%

0.86%

9.57%

13.85%

71.68%

0.00%

100.00%

*Note: Commenced on 11th May, 2017

 

 

 

 

 

 

 

Fund-II: Yearly Fund Price/Growth History; 3-Year Rolling Average & CAGR

 

 

 

 

 

 

 

 

 

Period

2015

2016

2017

2018

Rolling Average

CAGR

Price

1.0970

1.2182

1.3899

1.5128

Return

9.54%

11.05%

14.09%

8.84%

11.33%

11.31%



Fund-IV: Yearly Fund Price/Growth History

 

 

 

 

Period

2017

2018

Rolling Average

Price

1.1272

1.2856

Return

12.72%

14.05%

13.39%

Latest News

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Current Unit Price

  • N 1.0701 (as at Jul 07, 2019)
  • N 1.5941 (as at Jul 07, 2019)
  • N 1.0915 (as at Jul 07, 2019)
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