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 NIDF 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 NIDF is a mutual fund designed to preserve capital, generate impressive income, and maximize returns by investing in Naira-denominated fixed income securities like FGN Bonds, Corporate Bonds, and selected Money Market instruments.
The NIDF is ideal for investors with a low to medium risk appetite who are looking for stable returns with relatively patient capital. It's a great option for those seeking to preserve their principal while earning income.
The NIDF is domiciled with a custodian, ensuring that your investment is secure. The fund involves minimal risk to your principal, with a focus on stable, income-generating assets.
One of the key advantages of investing in the NIDF is that the coupons are tax-exempt, allowing you to maximize your returns without worrying about tax deductions.
The NIDF offers liquidity with withdrawal requests processed and funded within five working days. This makes it easier for you to access your funds when needed.
Invest in NIDF
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