53
T H I S D AY • FRIDAY, OCTOBER 21, 2016
MARKET NEWS
FBN Capital, Market Stakeholders to Discuss Economic Recovery Goddy Egene FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings Plc. will host its annual investor conference on October 27, 2016 in Lagos, in line with its commitment to provide a platform that will facilitate interaction for identifying sustainable growth opportunities in Nigeria, The theme of this year’s event ‘An economy at a crossroads: thriving in the
face of new realities’ will be explored through a combination of presentations and interactive sessions with some of the foremost reformers in government, business leaders and senior executives in both the public and private sectors of the economy. According to FBN Capital, through the conference, it aims to contribute meaningfully to the discourse on how to return the Nigerian economy to growth, temper inflation, boost job creation, and
A Mutual fund (Unit Trust) is an investment vehicle managed by a SEC (Securities and Exchange Commission) registered Fund Manager. Investors with similar objectives buy units of the Fund so that the Fund Manager can buy securities that willl generate their desired return. An ETF (Exchange Traded Fund) is a type of fund which owns the assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. Investors can buy these ‘shares’ on the
increase awareness on how the government is responding to on-going fiscal and monetary challenges. Head of Marketing and Corporate Communications, FBN Capital, Lolade Sasore, said: “Over the past five years, we have hosted the annual conference in line with our commitment to facilitating the debate on developing our market, and promoting Nigeria as one of the leading investment destinations in sub-Saharan Africa for both
floor of the Nigerian Stock Exchange. A REIT (Real Estate Investment Trust) is an investment vehicle that allows both small and large investors to part-own real estate ventures (eg. Offices, Houses, Hospitals) in proportion to their investments. The assets are divided into shares that are traded on the Nigerian Stock Exchange. GUIDE TO DATA: Date: All fund prices are quoted in Naira as at 19-Oct-2016, unless otherwise stated.
domestic and foreign investors.“ “We will discuss the subject of fiscal stimulus and an expansionary posture; Nigeria’s stance on attracting foreign investment, and explore the workings of the liberalidsed foreign exchange markets. We will also examine some identified success stories in this challenging environment.” She explained that the annual conference, which is now in its sixth year, provides a forum for investors to interact with leaders of the economy, key
policy makers in government and senior executives of leading corporate institutions. “Over the years, the conferences have hosted several ministers covering various portfolios including finance; industry, trade and investment; communication technology; and petroleum resources; as well as representatives from the Central Bank of Nigeria, the Securities and Exchange Commission and the Nigerian Pension Commission, amongst others,” she added.
FBN Capital noted that the conference has also featured distinguished international speakers such as Mr. Jim O’Neill(former Chairman Goldman Sachs Asset Management & Chief Economist, Goldman Sachs); Professor Anil Gupta, international expert on strategy, globalisation and emerging markets; and Mr. Daniel Altman(Associate Professor of Economics at New York University’s Stern School of Business).
Offer price: The price at which units of a trust or ETF are bought by investors. Bid Price: The price at which Investors redeem (sell) units of a trust or ETF. Yield/Total Return: Denotes the total return an investor would have earned on his investment. Money Market Funds report Yield while others report Year- to-date Total Return. NAV: Is value per share of the real estate assets held by a REIT on a specific date.
DAILY PRICE LIST FOR MUTUAL FUNDS, REITS and ETFS MUTUAL FUNDS / UNIT TRUSTS AFRINVEST ASSET MANAGEMENT LTD Web: www.afrinvest.com; Tel: +234 1 270 1680 Fund Name Bid Price Afrinvest Equity Fund 123.62 Nigeria International Debt Fund 217.29 ALTERNATIVE CAPITAL PARTNERS LTD Web: www.acapng.com, Tel: +234 1 291 2406, +234 1 291 2868 Fund Name Bid Price ACAP Canary Growth Fund 0.68 AIICO CAPITAL LTD Web: www.aiicocapital.com, Tel: +234-1-2792974 Fund Name Bid Price AIICO Money Market Fund ARM INVESTMENT MANAGERS LTD Web: www.arm.com.ng; Tel: 0700 CALLARM (0700 225 5276) Fund Name ARM Aggressive Growth Fund ARM Discovery Fund ARM Ethical Fund ARM Money Market Fund AXA MANSARD INVESTMENTS LIMITED Web: www.axamansard.com; Tel: +2341-4488482 Fund Name AXA Mansard Equity Income Fund AXA Mansard Money Market Fund CHAPELHILL DENHAM MANAGEMENT LTD Web: www.chapelhilldenham.com, Tel: +234 461 0691 Fund Name Nigeria Global Investment Fund Paramount Equity Fund Women's Investment Fund FBN CAPITAL ASSET MANAGEMENT LTD Web: www.fbnquest.com; Tel: +234-81 0082 0082 Fund Name FBN Fixed Income Fund FBN Heritage Fund FBN Money Market Fund FBN Nigeria Eurobond (USD) Fund - Institutional FBN Nigeria Eurobond (USD) Fund - Retail FBN Nigeria Smart Beta Equity Fund FIRST CITY ASSET MANAGEMENT LTD Web: www.fcamltd.com; Tel: +234 1 462 2596 Fund Name Legacy Equity Fund Legacy Short Maturity (NGN) Fund FSDH ASSET MANAGEMENT LTD Web: www.fsdhaml.com; Tel: 01-270 4884-5; 01-280 9740-1 Fund Name Coral Growth Fund
100.00
aaml@afrinvest.com Offer Price Yield / T-Rtn 124.48 10.75% 218.18 8.54% info@acapng.com Offer Price Yield / T-Rtn 0.69 10.27% ammf@aiicocapital.com Offer Price
Yield / T-Rtn
100.00
15.34%
enquiries@arminvestmentcenter.com Bid Price 13.01 299.86 23.31
Offer Price 13.01 299.86 23.31
Yield / T-Rtn 3.61% 4.15% 2.62%
1.00
1.00
12.51%
investmentcare@axamansard.com Bid Price 100.92
Offer Price 101.56
Yield / T-Rtn 1.24%
1.00 1.00 11.21% investmentmanagement@chapelhilldenham.com Bid Price 2.08 9.28
Offer Price 2.13 9.52
Yield / T-Rtn 2.18% -5.81%
82.75
84.87
2.02%
invest@fbnquest.com Bid Price 1,066.21 110.26 100.00 $101.64 $101.53 110.40
Offer Price 1,067.26 110.75 100.00 $102.31 $102.21
Yield / T-Rtn -1.47% 1.39% 12.47% 1.97% 1.87%
111.90
11.15%
fcamhelpdesk@fcmb.com Bid Price 0.92 2.51
Offer Price Yield / T-Rtn 0.94 2.20% 2.51 7.80% coralfunds@fsdhgroup.com
Bid Price 2,207.15
Offer Price 2,233.54
Coral Income Fund 2,043.80 INVESTMENT ONE FUNDS MANAGEMENT LTD Web: www.investment-one.com; Tel: +234 812 992 1045,+234 1 448 8888 Fund Name Bid Price
Yield / T-Rtn 1.48%
2,043.80 8.05% enquiries@investment-one.com Offer Price
Yield / T-Rtn
Vantage Guaranteed Income Fund
1.00
1.00
11.08%
Vantage Balanced Fund
1.64
1.65
0.38%
LOTUS CAPITAL LTD fincon@lotuscapitallimited.com Web: www.lotuscapitallimited.com; Tel: +234 1-291 4626 / +234 1-291 4624 Fund Name Bid Price Offer Price Yield / T-Rtn Lotus Halal Investment Fund 0.99 1.01 11.48% Lotus Halal Fixed Income Fund 988.74 988.74 -1.13% MERISTEM WEALTH MANAGEMENT LTD info@meristemwealth.com Web: www.meristemwealth.com ; Tel: +234 1-4488260 Fund Name Bid Price Offer Price Yield / T-Rtn Meristem Equity Market Fund 9.67 9.76 -1.12% Meristem Money Market Fund 10.00 10.00 14.16% PAC ASSET MANAGEMENT LTD info@pacassetmanagement.com Web: www.pacassetmanagement.com/mutualfunds; Tel: +234 1 271 8632 Fund Name Bid Price Offer Price Yield / T-Rtn PACAM Balanced Fund 1.03 1.04 4.25% PACAM Fixed Income Fund 10.26 10.29 2.76% SCM CAPITAL LIMITED info@scmcapitalng.com Web: www.scmcapitalng.com; Tel: +234 1-280 2226,+234 1- 280 2227 Fund Name Bid Price Offer Price Yield / T-Rtn SCM Capital Frontier Fund 106.46 107.20 4.50% SFS CAPITAL NIGERIA LTD investments@sfsnigeria.com Web: www.sfsnigeria.com, Tel: +234 (01) 2801400 Fund Name Bid Price Offer Price Yield / T-Rtn SFS Fixed Income Fund 1.22 1.22 8.03% STANBIC IBTC ASSET MANAGEMENT LTD assetmanagement@stanbicibtc.com Web: www.stanbicibtcassetmanagement.com; Tel: +234 1 280 1266; 0700 MUTUALFUNDS Fund Name Bid Price Offer Price Yield / T-Rtn Stanbic IBTC Balanced Fund 1,799.64 1,810.12 7.16% Stanbic IBTC Bond Fund 151.72 151.72 3.15% Stanbic IBTC Ethical Fund 0.78 0.79 4.67% Stanbic IBTC Guaranteed Investment Fund 180.38 180.38 6.30% Stanbic IBTC Iman Fund 133.60 135.17 -1.30% Stanbic IBTC Money Market Fund 100.00 100.00 15.81% Stanbic IBTC Nigerian Equity Fund 7,612.60 7,713.91 5.92% UNITED CAPITAL ASSET MANAGEMENT LTD unitedcapitalplcgroup.com Web: www.unitedcapitalplcgroup.com; Tel: +234 803 306 2887 Fund Name Bid Price Offer Price Yield / T-Rtn United Capital Balanced Fund 1.15 1.16 8.50% United Capital Bond Fund 1.25 1.25 16.32% United Capital Equity Fund 0.74 0.75 5.17% United Capital Money Market Fund 1.00 1.00 13.00% ZENITH ASSETS MANAGEMENT LTD info@zenith-funds.com Web: www.zenith-funds.com; Tel: +234 1-2784219 Fund Name Bid Price Offer Price Yield / T-Rtn Zenith Equity Fund 9.65 9.81 1.09% Zenith Ethical Fund 11.21 11.32 -2.11% Zenith Income Fund 16.58 16.58 3.38%
REITS
NAV Per Share
Yield / T-Rtn
11.43 122.32
2.69% 5.58%
Bid Price
Offer Price
Yield / T-Rtn
8.82 77.76
8.92 79.23
-7.89% -6.56%
Fund Name FSDH UPDC Real Estate Investment Fund SFS Skye Shelter Fund
EXCHANGE TRADED FUNDS
Fund Name Lotus Halal Equity Exchange Traded Fund Stanbic IBTC ETF 30 Fund
VETIVA FUND MANAGERS LTD Web: www.vetiva.com; Tel: +234 1 453 0697
Fund Name Vetiva Banking Exchange Traded Fund Vetiva Consumer Goods Exchange Traded Fund Vetiva Griffin 30 Exchange Traded Fund Vetiva Industrial Goods Exchange Traded Fund Vetiva S&P Nigeria Sovereign Bond Exchange Traded Fund
funds@vetiva.com Bid Price
Offer Price
Yield / T-Rtn
2.64 7.24 12.49 16.68 -
2.68 7.32 12.63 16.88 -
14.16% 13.22% -0.32% -13.10% -
The value of investments and the income from them may fall as well as rise. Past performance is a guide and not an indication of future returns. Fund prices published in this edition are also available on each fund manager’s website and FMAN’s website at www.fman.com.ng. Fund prices are supplied by the operator of the relevant fund and are published for information purposes only.