Nigerian Mutual Funds/First Asset Nigeria Smart Beta Equity Fund
Equity FundsSEC mutual fund figures updated 2026-05-22

First Asset Nigeria Smart Beta Equity Fund

Managed by First Asset Management LimitedVisit website ↗

A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.

Net asset value
NGN 6.48B
Overall rank#72 of 199
Fund type rank#10 of 18
Week-to-date yield
1.87%
Week-to-date
Year-to-date yield
42.45%
Year-to-date
Unitholders
2,112
Investor count
Fund share
0.07%
Share of total fund NAV
Fund profile

How to read First Asset Nigeria Smart Beta Equity Fund

First Asset Nigeria Smart Beta Equity Fund is a equity funds managed by First Asset Management Limited. It holds NGN 6.48B in net assets, ranking #72 out of 199 mutual funds and #10 out of 18 similar funds.

Equity funds usually require more patience from investors because returns can move with the stock market, so NAV scale and yield figures are useful first checks.

Currently, First Asset Nigeria Smart Beta Equity Fund's reported year-to-date yield is 42.45% and its reported week-to-date yield is 1.87%. Treat these as yield indicators for comparison, not as proof that the fund earned 1.87% in one week or delivered a cumulative 42.45% investor return year to date.

The bid price is NGN 645.75 and the offer price is NGN 655.43, leaving a spread of NGN 9.68. A wider spread can matter for entry and exit pricing, so it should be checked against the manager's current dealing terms.

2,112 unitholders is useful context, but it should be read with NAV because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0.07% of total fund NAV and 2.75% of funds with the same type.

Price Details

Bid price
NGN 645.75
Offer price
NGN 655.43
Spread
NGN 9.68
USD NAV
N/A
USD bid
N/A
USD offer
N/A

Compared With Similar Funds

How this fund compares with other equity funds.

Similar funds NAV
NGN 235.28B
Share of similar funds
2.75%
Share of this type
2.75%

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Educational use only. This is not investment advice. Check the fund manager's latest factsheet, fees, minimum investment, redemption terms, and current price before making any investment decision.