Invests in shares of companies listed on the Nigerian Stock Exchange
Date
4-Jun-25
Bid(₦)
458.30
Offer(₦)
458.30
YTD
15.29%
ASI YTD
9.58%
RISK LEVEL
High
About this fund
The ADF is a mutual fund which invests in shares of companies listed on the Nigerian Stock Exchange with sound fundamentals and strong track record of above average financial performance in addition to a high level of trading liquidity and potential for capital appreciation in the short to medium term.
Key information
Min. Investment
N50,000
Lock-in period
Min. of 91 days
Category of fund
Equity Fund
Listing
Nigeria Exchange Group
Inception date
2008
Net Asset Value
N316M
Asset Allocation
Tactical
Fund Manager
Afrinvest Asset Management
Custodian
UBA Global Investors
trustee
Meristem Trustees
registrar
First Registrars
Fund Return
Year
Performance
Benchmark
2020
32.2%
50.0%
2021
2.1%
6.5%
2022
13.1%
20.0%
2023
64.4%
45.9%
2024
31.5%
37.5%
Expense information
Year
NAV
total Expenses
Expense Ratio
2020
342,436,000.00
6,601,000.00
1.93%
2021
339,064,000.00
8,029,000.00
2.37%
2022
396,854,000.00
10,373,000.00
2.61%
2023
811,733,000.00
13,615,000.00
1.68%
2024
1,302,170,000.00
25,864,000.00
1.99%
Fund objective
To generate income by investing predominantly in well diversified portfolio of equity stocks providing high dividend yields. The fund aims to generate regular returns and long-term capital appreciation by investing in value stocks with stable high dividend yields.
Investing in startup is risky. Capital at risk. We are ‘testing the waters’ to gauge investor interest. No money or other consideration is being solicited. If sent, it will not be accepted. No offer to buy securities will be accepted. Any indication of interest involves no obligation or commitment of any kind. Expressing interest does not guarantee you will be given a spot. All applicable laws and regulations will be followed.
Everything you need to know
The Afrinvest Dollar Fund is an open-ended mutual fund that invests in U.S. Dollar-denominated securities issued by the Nigerian government or corporate entities. The goal of the fund is to generate income and capital appreciation over the short to medium term, specifically for investors with dollar flows.
You can start investing in the Afrinvest Dollar Fund with as little as $1,000. This makes it accessible to a wide range of investors seeking exposure to Dollar-denominated assets.
The fund invests in a diversified portfolio of Dollar-denominated securities, including FGN Eurobonds and Corporate Eurobonds. This mix allows the fund to tap into high-quality, Dollar-based assets with growth potential.
es, the Afrinvest Dollar Fund offers flexibility with free entry and exit for investors. You can invest or redeem your funds subject to the prevailing Fund price at the time of the transaction.
The Afrinvest Dollar Fund is ideal for clients with future Dollar obligations, those wishing to diversify their portfolios, clients seeking capital preservation, and Nigerians in the diaspora who want to invest in Dollar-denominated assets.
Invest in ADF
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