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.
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.
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