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FBNQuest Asset Management, a subsidiary of FBN Holdings Plc, has continued to show that when it comes to mutual funds in Nigeria, it is one of the dominant forces.
Naija247news gathered that five mutual funds managed by the company; FBN Balanced Fund, FBN Smart Beta Equity Fund, FBN Eurobond Fund, FBN Bond Fund and the FBN Money Market Fund, outperformed the benchmarks in five years
The best-performing was the FBN Bond Fund with a return on investment (RoI) of 104.20 per cent, while its US Dollar fund, the FBN Eurobond Fund, returned 48.43 per cent in US Dollars over the same period.
NigeriaIke-onyiaMoney-market-fundSmart-beta-equity-fundEurobond-fundBond-fundHoldings-plcAsset-managementBeta-equity-fundMarket-fundManaging-directorநைஜீரியாManaging Director, FBNQuest Asset Management, Mr. Ike Onyia
FBNQuest Asset Management, a subsidiary of FBN Holdings, recently held annual general meetings for five mutual funds managed by the firm. The funds are the FBN Balanced Fund, FBN Smart Beta Equity Fund, FBN Eurobond Fund, FBN Bond Fund and the FBN Money Market Fund.
The Fund Manager continues to deliver commendable results, which is demonstrated by strong performance across all its funds. The FBN Bond Fund was the best performing of the mutual funds, returning 104.20% over the five-year period whilst its US Dollar fund, the FBN Eurobond Fund, returned 48.43% in US Dollars over the same period. The FBN Smart Beta Equity Fund also outperformed its benchmark by 38.22% in the five-year period.
NigeriaIke-onyiaMoney-market-fundSmart-beta-equity-fundEurobond-fundBond-fundManaging-directorAsset-managementBeta-equity-fundFund-managerநைஜீரியாபணம்-சந்தை-நிதி