• Getting Started
    • Why trade with us
    • How to Register
    With over a decade of experience in the Nigerian financial markets, we are well positioned to provide you with the products, services and platform to meet your investment needs 
  • Products and Services
    • Our Products
    • Our Services
    • FAQs
    • Forms
    We provide a comprehensive range of services to meet and execute on your investment requirements
    Browse our frequently-asked-questions for more information on our financial markets products, services and platform   

    Access and download the following forms:

    • E-mandates
    • Bond forms
    • CSCS forms
    • Transfer forms
    • Corporate account opening
    • General Account amendment forms   
  • Trading Platform
  • Market news
    • Daily Market wrap
    • Quarterly Market wrap
    • Market Summary
    • Equities Price Listing
    We produce a daily market wrap, covering the daily activity on the bourse, sector update, earnings update and overall market commentary. You can access historical daily reports here too
    Access the latest and historical quarterly market wraps where we provide commentary on major activities during the quarter as well as the outlook for the next quarter
    View the top five gainers and top five losers on the Nigerian Exchange Group 
    View equities pricing of the Nigeria Exchange Group
Nigeria
Sign in

Mutual Funds (Exchange Traded)

Mutual Funds - Banner Image

A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.

 

Why invest in Mutual Funds?

Diversification

Mutual funds help you spread investment risk over a number of securities and reduce asset-specific risk

Capital appreciation

This represents a rise in your investment's market price compared to its purchase price.

Savings

Investing in Mutual Funds is also a form of saving idle funds

Collateral

The product can be used as collateral for credit facilities
Why sign up for this product through us?

We are currently the largest stockbroking house in Nigeria with a market share of 11.11% of the value of shares traded on the floor of the Nigerian Stock Exchange based on 2021 trading results.  Benefits of investing in Mutual Funds (Exchange Traded)   through us include:

  • Competitive commission rates

    • We offer competitive brokerage fees.
  • Diversification

    • Mutual Funds spread their holdings across various investment vehicles, reducing the effect any single security or class of securities has on the overall portfolio. Because mutual funds contain hundreds or thousands of securities, investors are less affected if one security underperforms.
  • Professional Management

    • Mutual Fund accounts are managed by qualified professionals. These professionals invest only after careful analysis of the performance and prospects of different securities. It is a continuous process that takes time and expertise which will add value to your investment.
  • Regulations

    • Mutual Funds are required to be registered with the Securities and Exchange Commission. They are obliged to follow strict regulations designed to protect investors.
  • Affordability

    • As a small investor, you may find that it is not possible to buy shares of larger corporations. With Mutual Funds small investors can get started because of the minimal investment requirements.
  • Liquidity

    • With open-end funds, you can redeem all or part of your investment any time you wish and receive the current value of the shares. Moreover, the process is standardized, making it swift and efficient.
  • Transparency

    • As a unit holder, you are provided with regular updates, for example daily NAVs, bid and offer prices as well as information on the fund’s holdings and the fund manager’s strategy.
  • Ancillary Services

    • We offer ancilliary services as it relates to your investment.
Trading costs

No set up costs involved

Trading costs:

  • Buying = 1.1325% of consideration amount
  • Selling = 1.4775%  of consideration amount
  • CSCS alert fee+VAT of 4.30 is also applicable per trade clip
How to get it
Kindly visit our account opening portal here to sign up
  • Why sign up for this product through us?
  • Trading costs
  • How to get it

We are currently the largest stockbroking house in Nigeria with a market share of 11.11% of the value of shares traded on the floor of the Nigerian Stock Exchange based on 2021 trading results.  Benefits of investing in Mutual Funds (Exchange Traded)   through us include:

  • Competitive commission rates

    • We offer competitive brokerage fees.
  • Diversification

    • Mutual Funds spread their holdings across various investment vehicles, reducing the effect any single security or class of securities has on the overall portfolio. Because mutual funds contain hundreds or thousands of securities, investors are less affected if one security underperforms.
  • Professional Management

    • Mutual Fund accounts are managed by qualified professionals. These professionals invest only after careful analysis of the performance and prospects of different securities. It is a continuous process that takes time and expertise which will add value to your investment.
  • Regulations

    • Mutual Funds are required to be registered with the Securities and Exchange Commission. They are obliged to follow strict regulations designed to protect investors.
  • Affordability

    • As a small investor, you may find that it is not possible to buy shares of larger corporations. With Mutual Funds small investors can get started because of the minimal investment requirements.
  • Liquidity

    • With open-end funds, you can redeem all or part of your investment any time you wish and receive the current value of the shares. Moreover, the process is standardized, making it swift and efficient.
  • Transparency

    • As a unit holder, you are provided with regular updates, for example daily NAVs, bid and offer prices as well as information on the fund’s holdings and the fund manager’s strategy.
  • Ancillary Services

    • We offer ancilliary services as it relates to your investment.

No set up costs involved

Trading costs:

  • Buying = 1.1325% of consideration amount
  • Selling = 1.4775%  of consideration amount
  • CSCS alert fee+VAT of 4.30 is also applicable per trade clip
Kindly visit our account opening portal here to sign up
Mutual Funds FAQs
A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.
  • About Mutual Funds (Exchange Traded)
  • Mutual Funds Target market
Mutual Funds FAQs

A Mutual Fund is an investment vehicle made up of a pool of funds collected from numerous investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.

  • About Mutual Funds (Exchange Traded)
  • Mutual Funds Target market

View
We also offer
Bonds - product image
Bonds

Bonds are fixed income instruments issued by entities to raise funds.

Product Image - Equities
Equities

Equities are shares in a company that are owned by people who have a right to vote at the company's meetings and to receive part of the company's profits after the holders of preference shares have been paid.

Product Image - ETF
Exchange Traded Funds (ETF)

Exchange Traded Fund (ETF) is a type of investment fund and exchange traded product that tracks the performance of an index or a “basket” of securities (such as shares, bonds, commodities, etc.).

Product Images - OTC
Over-the-counter (OTC)

Over-the-counter (OTC) securities are securities that are not listed on a major exchange in Nigeria and are instead traded via a broker-dealer network, usually because many are smaller companies and do not meet the requirements to be listed on a formal exchange.