The ValuAlliance Value Fund

The ValuAlliance Value Fund (“Value Fund”), formerly known as “SIM Capital Alliance Value Fund”, is a balanced unlisted close ended fund (also known as interval fund) registered and regulated by the Securities and Exchange Commission.

The Value Fund commenced operations on the 30th of June 2011, raising the sum of N3.2bn through an Initial Public Offer. Consequently, the units of the Fund were listed on the Main Board of the Nigerian Stock Exchange, now known as the Nigerian Exchange Ltd (NGX) in July 2011. As of 7th of May 2021, the Value Fund was migrated from the Main Board of the Exchange to the Memorandum Quotation List of the NGX.

The Value Fund operates with a total return objective and aims to provide investors with capital growth over the long-term by investing in listed and unlisted Nigerian equities as well as other securities as approved by the SEC.

The Fund adheres to a pragmatic value investment philosophy; investing in securities which are sufficiently undervalued relative to their intrinsic value. As a first step, the Fund screens for securities trading at low price to book ratios, as well as an acceptable margin of safety relative to the Fund Manager's assessment of fair value.

Since its inception in June 2011, the Fund has made annual distributions to unitholders, with distribution totalling N3.17bn (N99.83/unit) as of 31st December 2021.

Parties to the Fund include Trustees to the Fund - Leadway Capital & Trusts Limited; Custodians to the Fund - Stanbic IBTC Nominees Ltd; Registrars to the Fund - First Registrars & Investor Services Limited.

FINANCIAL YTD
PRIOR FINANCIAL YEAR

The Fund’s benchmark index is determined as 50% of the Nigerian Exchange Group ASI plus 35% of the weighted average return of the 3-year FGN Bond plus 15% of the weighted average return of the 91-day Treasury bill. The Fund's yied is computed net of fees, bank charges and other expenses.

CURRENT
PREVIOUS

PREVIOUS OFFER & BID PRICES

Date	Offer	Bid	NAV/Unit
12^thSep 24	515.08	509.75	513.2775
11^thSep 24	502.86	497.53	501.0546
10^thSep 24	510.98	505.69	509.1866
9^thSep 24	504.71	499.41	502.9163
8^thSep 24	505.79	500.50	503.9993
7^thSep 24	505.76	500.46	503.9638
6^thSep 24	505.72	500.42	503.9283
5^thSep 24	510.71	505.43	508.9250
4^thSep 24	509.86	504.56	508.0644
3^rdSep 24	509.35	504.03	507.5473
2^ndSep 24	506.34	501.01	504.5329
1^stSep 24	505.19	499.91	503.4005
31^stAug 24	505.15	499.88	503.3649
30^thAug 24	505.16	499.88	503.3727
29^thAug 24	502.09	496.85	500.3132
28^thAug 24	504.49	499.24	502.7157
27^thAug 24	502.94	497.70	501.1659
26^thAug 24	497.93	492.77	496.1796
25^thAug 24	492.78	487.66	491.0445
24^thAug 24	492.74	487.62	491.0091
23^thAug 24	492.71	487.59	490.9789
22^thAug 24	492.01	486.93	490.2921
21^thAug 24	487.07	481.99	485.3484
20^thAug 24	493.37	488.28	491.6491
19^thAug 24	491.31	486.22	489.5860
18^thAug 24	491.72	486.62	489.9940
17^thAug 24	491.68	486.59	489.9585
16^thAug 24	491.65	486.55	489.9229
15^thAug 24	489.31	484.22	487.5851
14^thAug 24	490.68	485.62	488.9671
13^thAug 24	488.73	483.68	487.0219
12^thAug 24	489.53	484.44	487.8074
11^thAug 24	489.92	484.83	488.1979
10^thAug 24	489.89	484.80	488.1638
9^thAug 24	489.86	484.76	488.1297
8^thAug 24	491.93	486.83	490.2009
7^thAug 24	487.56	482.55	485.8638
6^thAug 24	487.40	482.40	485.7069
5^thAug 24	487.75	482.75	486.0581
4^thAug 24	484.30	479.39	482.6355
3^rdAug 24	484.26	479.36	482.6000
2^ndAug 24	484.23	479.32	482.5646
1^stAug 24	470.60	465.84	468.9903
31^stJuly 24	474.73	469.99	473.1269
30^thJuly 24	475.63	470.90	474.0283
29^thJuly 24	473.01	468.30	471.4108
28^thJuly 24	473.41	468.68	471.8075
27^thJuly 24	473.37	468.65	471.7718
26^thJuly 24	473.34	468.61	471.7361
25^thJuly 24	475.22	470.44	473.5978
24^thJuly 24	475.13	470.32	473.5040
23^rdJuly 24	471.53	466.69	469.8897
22^ndJuly 24	466.35	461.50	464.7070
21^stJuly 24	477.85	473.01	476.2112
20^thJuly 24	477.82	472.97	476.1760
19^thJuly 24	477.78	472.94	476.1408
18^thJuly 24	474.82	469.97	473.1730
17^thJuly 24	478.26	473.37	476.6040
16^thJuly 24	476.08	471.21	474.4272
15^thJuly 24	475.05	470.20	473.4062
14^thJuly 24	470.58	465.78	468.9525
13^thJuly 24	470.55	465.75	468.9213
12^thJuly 24	470.51	465.72	468.8900
11^thJuly 24	464.85	460.14	463.2526
10^thJuly 24	469.96	465.10	468.3174
9^thJuly 24	466.38	461.49	464.7220
8^thJuly 24	467.64	462.70	465.9649
7^thJuly 24	465.03	460.10	463.3587
6^thJuly 24	465.00	460.08	463.3353
5^thJuly 24	464.98	460.05	463.3119
4^thJuly 24	467.22	462.27	465.5403
3^rdJuly 24	464.30	459.29	462.5989
2^ndJuly 24	462.67	457.67	460.9756
1^stJuly 24	470.70	465.74	469.0194
30^thJune 24	480.76	475.77	479.0719
29^thJune 24	480.73	475.73	479.0386
28^thJune 24	480.70	475.70	479.0072
27^thJune 24	481.78	476.79	480.0913
26^thJune 24	474.93	470.04	473.2775
25^thJune 24	473.48	468.59	471.8276
24^thJune 24	469.88	465.02	468.2320
23^rdJune 24	470.01	465.13	468.3565
22^ndJune 24	470.03	465.14	468.3722
21^stJune 24	469.99	465.11	468.3410
20^thJune 24	471.94	467.02	470.2738
19^thJune 24	471.11	466.19	469.4463
18^thJune 24	465.95	461.11	464.3132
17^thJune 24	465.92	461.08	464.2819
16^thJune 24	465.89	461.05	464.2506
15^thJune 24	465.86	461.02	464.2193
14^thJune 24	465.83	460.99	464.1880
13^thJune 24	463.87	459.05	462.2380
12^thJune 24	462.49	457.63	460.8440
11^thJune 24	462.46	457.61	460.8162
10^thJune 24	458.41	453.65	456.8003
9^thJune 24	451.49	446.84	449.9185
8^thJune 24	451.47	446.81	449.8900
7^thJune 24	451.44	446.79	449.8616
6^thJune 24	452.40	447.73	450.8161
5^thJune 24	453.82	449.13	452.2328
4^thJune 24	449.95	445.31	448.3765
3^rdJune 24	449.06	444.43	447.4924
2^ndJune 24	449.89	445.26	448.3233
1^stJune 24	449.86	445.24	448.2955
31^thMay 24	449.83	445.21	448.2678
30^thMay 24	449.44	444.820	447.8756
29^thMay 24	424.04	419.52	422.5081
28^thMay 24	402.31	397.84	400.7972
27^thMay 24	418.65	414.25	417.1597
26^thMay 24	432.60	428.26	431.1309
25^thMay 24	432.58	428.24	431.1069
24^thMay 24	432.54	428.20	431.0673
23^rdMay 24	433.53	429.17	432.0569
22^ndMay 24	432.20	427.81	430.7164
21^stMay 24	434.93	430.49	433.4240
20^thMay 24	435.79	431.34	434.2811
19^thMay 24	441.58	437.10	440.0597
18^thMay 24	441.55	437.07	440.0357
17^thMay 24	441.53	437.05	440.0117
16^thMay 24	439.85	435.40	438.3420
15^thMay 24	434.57	429.94	433.0024
14^thMay 24	445.61	441.39	444.1790
13^thMay 24	441.06	436.82	439.6241
12^thMay 24	445.43	441.08	443.9562
11^thMay 24	445.39	441.04	443.9148
10^thMay 24	445.35	441.00	443.8734
9^thMay 24	443.07	438.75	441.6043
8^thMay 24	437.87	433.57	436.4160
7^thMay 24	436.26	431.98	434.8098
6^thMay 24	429.78	425.48	428.3236
5^thMay 24	425.45	421.23	424.0163
4^thMay 24	425.41	421.19	423.9770
3^rdMay 24	425.37	421.15	423.9378
2^ndMay 24	418.62	414.53	417.2336
1^stMay 24	412.70	408.69	411.3423
30^thApr 24	412.68	408.67	411.3196
29^thApr 24	414.24	410.26	412.8916
28^thApr 24	408.86	404.81	407.4909
27^thApr 24	408.82	404.77	407.4525
26^thApr 24	408.71	404.66	407.3366
25^thApr 24	406.67	402.60	405.2945
24^thApr 24	407.31	403.23	405.9295
23^rdApr 24	406.55	402.46	405.1604
22^ndApr 24	401.15	397.03	399.7558
21^stApr 24	393.13	389.01	391.7328
20^thApr 24	393.10	388.99	391.7063
19^thApr 24	393.07	388.96	391.6798
18^thApr 24	393.41	389.29	392.0157
17^thApr 24	385.78	381.63	384.3746
16^thApr 24	393.09	388.97	391.6971
15^thApr 24	401.13	396.84	399.6792
14^thApr 24	405.69	401.30	404.2031
13^thApr 24	405.66	401.26	404.1701
12^thApr 24	405.63	401.23	404.1371
11^thApr 24	419.60	415.13	418.0871
10^thApr 24	398.54	394.06	397.0209
9^thApr 24	398.51	394.04	396.9972
8^thApr 24	398.49	394.01	396.9735
7^thApr 24	422.90	418.37	421.3673
6^thApr 24	422.87	418.34	421.3359
5^thApr 24	422.84	418.31	421.3045
4^thApr 24	425.12	420.55	423.5702
3^rdApr 24	429.54	424.91	427.9690
2^ndApr 24	433.51	428.84	431.9288
1^stApr 24	436.56	431.89	434.9819
31^stMar 24	437.89	433.22	436.3117
30^thMar 24	436.53	431.86	434.9448
29^thMar 24	436.49	431.82	434.9128
28^thMar 24	436.46	431.79	434.8808
27^thMar 24	434.70	430.05	433.1287
26^thMar 24	438.63	434.07	437.0863
25^thMar 24	441.36	436.80	439.8151
24^thMar 24	445.12	440.54	443.5709
23^rdMar 24	445.09	440.50	443.5368
22^ndMar 24	445.06	440.47	443.5026
21^stMar 24	445.33	440.78	443.7870
20^thMar 24	447.93	443.41	446.3976
19^thMar 24	454.99	450.47	453.4607
18^thMar 24	456.30	451.77	454.7631
17^thMar 24	458.87	454.36	457.3426
16^thMar 24	459.10	454.58	457.5663
15^thMar 24	459.06	454.54	457.5285
14^thMar 24	458.48	453.99	456.9544
13^thMar 24	457.37	452.91	455.8550
12^thMar 24	455.94	451.48	454.4272
11^thMar 24	450.06	445.73	448.5942
10^thMar 24	449.36	445.08	447.9109
9^thMar 24	449.32	445.04	447.8723
8^thMar 24	449.28	445.00	447.8337
7^thMar 24	444.33	440.08	442.8880
6^thMar 24	445.55	441.28	444.1062
5^thMar 24	445.34	441.07	443.8948
4^thMar 24	438.29	434.01	436.8394
3^rdMar 24	441.26	436.95	439.7987
2^ndMar 24	441.22	436.91	439.7618
1^stMar 24	441.18	436.88	439.7250
29^thFeb 24	443.38	439.13	441.9418
28^thFeb 24	436.61	432.51	435.2230
27^thFeb 24	446.12	441.85	444.6727
26^thFeb 24	446.47	442.12	444.9964
25^thFeb 24	457.24	452.86	455.7556
24^thFeb 24	457.21	452.83	455.7242
23^rdFeb 24	457.18	452.80	455.6928
22^ndFeb 24	447.76	443.36	446.2687
21^stFeb 24	444.99	440.58	443.4952
20^thFeb 24	449.55	445.08	448.0377
19^thFeb 24	456.38	451.88	454.8544
18^thFeb 24	452.67	448.11	451.1226
17^thFeb 24	452.63	448.08	451.0893
16^thFeb 24	452.60	448.04	451.0561
15^thFeb 24	449.75	445.17	448.1969
14^thFeb 24	450.06	445.48	448.5107
13^thFeb 24	445.01	440.51	443.4844
12^thFeb 24	451.59	447.05	450.0524
11^thFeb 24	445.43	440.86	443.8788
10^thFeb 24	445.39	440.83	443.8472
9^thFeb 24	445.36	440.80	443.8157
8^thFeb 24	446.21	441.65	444.6682
7^thFeb 24	443.45	438.81	441.8814
6^thFeb 24	447.10	442.42	445.5143
5^thFeb 24	448.64	443.9	453.7202
4^thFeb 24	455.35	450.53	453.7202
3^rdFeb 24	455.32	450.50	453.6903
2^ndFeb 24	455.29	450.47	453.6604
1^stFeb 24	450.42	445.74	448.8347
31^thJan 24	439.07	434.59	437.5538
30^thJan 24	455.34	450.61	453.7362
29^thJan 24	452.03	447.10	450.3620
28^thJan 24	402.19	397.26	400.5200
27^thJan 24	402.17	397.24	400.5013
26^thJan 24	402.15	397.22	400.4827
25^thJan 24	402.04	397.13	400.3770
24^thJan 24	396.05	391.24	394.4212
23^rdJan 24	394.66	389.86	393.0327
22^ndJan 24	398.09	393.32	396.4726
21^stJan 24	394.99	390.24	393.3802
20^thJan 24	394.97	390.22	393.3612
19^thJan 24	394.95	390.20	393.3421
18^thJan 24	389.74	385.07	388.1613
17^thJan 24	394.32	389.62	392.7266
16^thJan 24	390.90	386.16	389.2970
15^thJan 24	379.80	375.19	378.2377
14^thJan 24	382.45	377.89	380.9024
13^thJan 24	382.43	377.87	380.8819
12^thJan 24	382.41	377.85	380.8614
11^thJan 24	380.14	375.59	378.6018
10^thJan 24	398.37	393.88	396.8476
9^thJan 24	411.74	407.03	410.1425
8^thJan 24	374.82	370.33	373.2968
7^thJan 24	372.55	368.14	371.0578
6^thJan 24	372.53	368.12	371.0373
5^thJan 24	372.51	368.10	371.0168
4^thJan 24	366.88	362.61	365.4336
3^rdJan 24	381.50	377.24	380.0582
2^ndJan 24	364.77	360.73	363.4017
1^stJan 24	353.27	349.29	351.9237
31^stDec 23	351.76	347.78	350.4129
30^thDec 23	351.76	347.78	350.4119
29^thDec 23	351.74	347.76	350.3896
28^thDec 23	363.05	359.12	361.7159
27^thDec 23	344.69	340.76	343.3628
26^thDec 23	348.13	344.16	346.7837
25^thDec 23	348.11	344.14	346.7617
24^thDec 23	346.34	342.35	344.9868
23^rdDec 23	346.32	342.33	344.9653
22^ndDec 23	348.04	344.07	346.6956
21^stDec 23	346.27	342.29	344.9222
20^thDec 23	341.17	337.26	339.8468
19^thDec 23	336.64	332.80	335.3409
18^thDec 23	339.53	335.72	338.2412
17^thDec 23	339.62	335.81	338.3328
16^thDec 23	339.60	335.79	338.3105
15^thDec 23	339.58	335.77	338.2882
14^thDec 23	341.41	337.59	340.1178
13^thDec 23	339.64	335.85	338.3544
12^thDec 23	331.65	327.93	330.3870
11^thDec 23	330.40	326.70	329.1486
10^thDec 23	354.74	351.05	353.4910
9^thDec 23	327.06	351.02	353.4643
8^thDec 23	354.69	350.99	353.4376
7^thDec 23	327.06	323.38	325.8143
6^thDec 23	340.93	337.19	339.6622
5^thDec 23	321.74	318.08	320.5008
4^thDec 23	321.89	318.28	320.6659
3^rdDec 23	331.96	328.34	330.7339
2^ndDec 23	331.94	328.31	330.7109
1^stDec 23	331.92	328.29	330.6878
30^thNov 23	321.39	317.79	320.1723
29^thNov 23	321.30	317.69	320.0749
28^thNov 23	325.36	321.77	324.1455
27^thNov 23	318.69	315.09	317.4751
26^thNov 23	314.95	311.38	313.7376
25^thNov 23	314.93	311.36	313.7170
24^thNov 23	314.91	311.33	313.6965
23^rdNov 23	330.24	326.70	329.0400
22^ndNov 23	317.86	314.32	316.6603
21^stNov 23	316.00	312.48	314.8065
20^thNov 23	307.02	303.52	305.8361
19^thNov 23	309.41	305.93	308.2300
18^thNov 23	309.39	305.91	308.2094
17^thNov 23	311.32	307.81	310.1318
16^thNov 23	314.11	310.63	312.9322
15^thNov 23	311.90	308.41	310.7193
14^thNov 23	315.35	311.86	314.1699
13^thNov 23	308.84	305.35	307.6608
12^thNov 23	306.89	303.40	305.7042
11^thNov 23	306.87	303.38	305.6838
10^thNov 23	306.84	303.36	305.6634
9^thNov 23	328.87	325.38	327.6904
8^thNov 23	316.05	312.57	314.8690
7^thNov 23	315.33	311.85	314.1536
6^thNov 23	308.37	304.91	307.1980
5^thNov 23	303.87	300.43	302.7088
4^thNov 23	303.88	300.44	302.7195
3^rdNov 23	303.87	300.43	302.7051
2^ndNov 23	306.57	303.11	305.3958
1^stNov 23	306.71	303.23	305.5335
31^stOct 23	307.03	303.60	305.8683
30^thOct 23	324.14	320.74	322.9881
29^thOct 23	299.72	296.37	298.5872
28^thOct 23	299.71	296.36	298.5723
27^thOct 23	299.69	296.34	298.5575
26^thOct 23	302.87	299.55	301.7439
25^thOct 23	299.40	296.08	298.2764
24^thOct 23	305.21	301.87	304.0818
23^rdOct 23	297.97	294.65	296.8440
22^ndOct 23	299.05	295.74	297.9324
21^stOct 23	299.04	295.73	297.9171
20^thOct 23	298.98	295.66	297.8551
19^thOct 23	296.14	292.83	295.0220
18^thOct 23	298.02	294.69	296.8937
17^thOct 23	303.72	300.40	302.5919
16^thOct 23	294.30	291.02	293.1884
15^thOct 23	295.12	291.81	293.9957
14^thOct 23	295.10	291.79	293.9790
13^thOct 23	295.08	291.77	293.9623
12^thOct 23	294.18	290.87	293.0561
11^thOct 23	295.81	292.84	294.8005
10^thOct 23	295.62	292.64	294.6121
9^thOct 23	298.36	295.13	297.2664
8^thOct 23	295.45	292.17	294.3374
7^thOct 23	295.43	292.15	294.3155
6^thOct 23	296.79	293.51	294.2936
5^thOct 23	296.79	293.51	297.6938
4^thOct 23	296.79	293.51	295.9053
3^rdOct 23	295.93	292.64	294.8142
2^ndOct 23	296.30	293.02	295.1879
1^stOct 23	296.27	293.00	295.1665
30^thSep 23	296.25	292.98	295.1451
29^thSep 23	296.97	293.72	295.8733
28^thSep 23	296.950	293.700	295.8514
27^thSep 23	295.760	292.490	294.6503
26^thSep 23	295.350	292.090	294.2471
25^thSep 23	298.410	295.120	297.2927
24^thSep 23	298.370	295.040	297.2462
23^rdSep 23	298.350	295.020	297.2250
22^ndSep 23	298.33	295.00	297.2039
21^stSep 23	297.90	294.56	296.7664
20^thSep 23	300.24	296.92	299.1160
19^thSep 23	302.31	298.96	301.1774
18^thSep 23	301.60	298.25	300.4654
17^thSep 23	298.51	295.18	297.3807
16^thSep 23	298.73	295.40	297.6019
15^thSep 23	298.71	295.38	297.5805
14^thSep 23	299.99	296.67	298.8668
13^thSep 23	298.03	294.70	296.9053
12^thSep 23	292.54	289.29	291.4410
11^thSep 23	296.85	293.56	295.7350
10^thSep 23	297.57	294.18	296.4218
9^thSep 23	297.55	294.16	296.3997
8^thSep 23	297.53	294.14	296.3811
7^thSep 23	298.53	295.15	297.3828
6^thSep 23	301.35	297.95	297.8615
5^thSep 23	299.01	295.61	297.8615
4^thSep 23	300.48	296.95	299.2821
3^rdSep 23	295.52	292.07	294.3486
2^ndSep 23	295.50	292.05	294.3317
1^stSep 23	295.48	292.03	294.3149
31^thAug 23	293.73	290.30	292.5665
30^thAug 23	289.08	285.68	287.9254
29^thAug 23	293.44	290.02	292.2786
28^thAug 23	292.85	289.43	291.6924
27^thAug 23	293.57	290.14	292.4043
26^thAug 23	293.55	290.12	292.3892
25^thAug 23	293.54	290.11	292.3741
24^thAug 23	292.56	289.09	291.3879
23^rdAug 23	296.02	289.41	293.4347
22^ndAug 23	296.56	289.92	293.9638
21^stAug 23	296.33	289.67	293.7277
20^thAug 23	294.02	287.37	291.4180
19^thAug 23	294.01	287.36	291.4071
18^thAug 23	294.00	287.34	291.3933
17^thAug 23	294.04	287.39	291.4389
16^thAug 23	295.51	288.85	292.9051
15^thAug 23	297.26	290.58	294.6471
14^thAug 23	295.39	288.70	292.7740
13^thAug 23	297.49	290.73	294.8447
12^thAug 23	297.48	290.71	294.8308
11^thAug 23	297.40	290.70	294.8169
10^thAug 23	301.96	295.18	299.3095
9^thAug 23	300.98	294.25	298.3443
8^thAug 23	299.75	292.97	297.0989
7^thAug 23	300.66	293.89	298.0088
6^thAug 23	297.47	290.72	294.8253
5^thAug 23	297.45	290.70	294.8114
4^thAug 23	297.44	290.69	294.7974
3^rdAug 23	300.56	293.80	297.9122
2^ndAug 23	296.00	289.30	293.3760
1^stAug 23	300.99	294.27	298.3617
31^stJul 23	300.24	293.45	297.5835
30^thJul 23	302.25	295.45	299.5868
29^thJul 23	302.23	295.43	299.5721
28^thJul 23	302.22	295.42	299.5574
27^thJul 23	302.43	295.59	299.7575
26^thJul 23	299.80	292.97	297.1280
25^thJul 23	303.36	296.55	300.6943
24^thJul 23	301.87	295.11	299.2225
23^rdJul 23	298.01	291.34	295.3989
22^ndJul 23	298.00	291.32	295.3845
21^stJul 23	297.98	291.31	295.3701
20^thJul 23	288.68	282.30	286.1838
19^thJul 23	288.52	282.15	286.0240
18^thJul 23	290.12	283.73	287.6182
17^thJul 23	291.11	284.72	288.6112
16^thJul 23	287.34	281.11	284.9000
15^thJul 23	287.33	281.09	284.8858
14^thJul 23	287.31	281.08	284.8713
13^thJul 23	284.78	278.45	282.3020
12^thJul 23	295.60	289.01	293.0220
11^thJul 23	298.71	292.03	296.0975
10^thJul 23	295.59	288.86	292.9569
9^thJul 23	295.68	289.05	293.0899
8^thJul 23	295.67	289.04	293.0745
7^thJul 23	295.65	289.02	293.0591
6^thJul 23	288.34	281.92	285.8312
5^thJul 23	286.04	279.72	283.5655
4^thJul 23	282.41	276.21	279.9822
3^rdJul 23	283.10	276.80	280.6330
2^ndJul 23	279.25	273.17	276.8725
1^stJul 23	279.24	273.15	276.8559
30^thJun 23	279.22	273.14	276.8392
29^thJun 23	276.24	270.23	273.89063
28^thJun 23	276.22	270.22	273.8725
27^thJun 23	276.20	270.2	273.8543
26^thJun 23	272.79	266.91	270.4875
25^thJun 23	272.00	266.15	269.7102
24^thJun 23	271.98	266.13	269.6931
23^rdJun 23	271.96	266.12	269.6759
22^ndJun 23	271.01	265.18	268.7315
21^stJun 23	271.20	265.36	268.9174
20^thJun 23	270.32	264.49	268.0370
19^thJun 23	271.27	265.46	268.9974
18^thJun 23	260.21	254.39	257.9365
17^thJun 23	260.20	254.38	257.9229
16^thJun 23	260.19	254.37	257.9092
15^thJun 23	265.89	259.83	263.5190
14^thJun 23	265.55	259.39	263.1379
13^thJun 23	235.81	229.91	233.5053
12^thJun 23	226.32	220.7	224.1238
11^thJun 23	226.32	220.69	224.1144
10^thJun 23	226.31	220.68	224.1051
9^thJun 23	226.1225	220.9327	224.0917
8^thJun 23	225.5676	220.3856	223.5399
7^thJun 23	224.5722	219.4115	222.5528
6^thJun 23	224.1371	218.9890	222.1226
5^thJun 23	224.2579	219.1097	222.2434
4^thJun 23	224.9505	219.7740	222.9249
3^rdJun 23	224.9428	219.7664	222.9173
2^ndJun 23	224.9347	219.7583	222.9092
1^stJun 23	224.6838	219.5138	222.6608
31^stMay 23	222.0068	216.9226	220.0173
30^thMay 23	224.0746	218.9219	222.0583
29^thMay 23	214.9692	210.1138	213.0693
26^thMay 23	214.9417	210.0863	213.0418
25^thMay 23	212.9843	208.1917	211.1089
24^thMay 23	212.2619	207.4891	210.3943
23^rdMay 23	211.0842	206.3557	209.2339
22^ndMay 23	209.2411	204.5686	207.4127
21^stMay 23	208.4537	203.7897	206.6287
20^thMay 23	208.4465	203.7825	206.6214
19^thMay 23	208.4392	203.7752	206.6142
18^thMay 23	207.6042	202.9615	205.7875
17^thMay 23	207.8590	203.2128	206.0410
16^thMay 23	207.4059	202.7722	205.5928
15^thMay 23	206.2426	201.6457	204.4438
14^thMay 23	205.8669	201.2475	204.0593
13^thMay 23	205.8586	201.2393	204.0510
12^thMay 23	205.8504	201.2310	204.0428
11^thMay 23	205.7461	201.1332	203.9411
10^thMay 23	206.6917	202.0464	204.8740
9^thMay 23	206.2709	201.5952	204.4413
8^thMay 23	205.4852	200.8422	203.6684
7^thMay 23	205.9039	201.2465	204.0814
6^thMay 23	205.8896	201.2321	204.0671
5^thMay 23	205.8851	201.2276	204.0626
4^thMay 23	203.2986	198.7161	201.5055
3^rdMay 23	202.4697	197.9159	200.6878
2^ndMay 23	201.9111	197.3739	200.1356
1^stMay 23	201.5971	197.0452	199.8159
30^thApr 23	200.2542	195.7024	198.4731
28^thApr 23	192.0387	187.4858	190.2571
27^thApr 23	198.6046	194.1054	196.8441
26^thApr 23	199.7603	195.2485	197.9948
25^thApr 23	199.8008	195.2645	198.0257
24^thApr 23	199.7398	195.2091	197.9669
23^rdApr 23	199.7320	195.2014	197.9592
22^ndApr 23	199.7242	195.1936	197.9514
21^stApr 23	199.7165	195.1858	197.9436
20^thApr 23	197.4853	192.9547	195.7125
19^thApr 23	195.0142	190.5662	193.2737
18^thApr 23	194.4363	189.9999	192.7003
17^thApr 23	194.2286	189.7911	192.4922
16^thApr 23	196.7742	196.7742	195.0058
15^thApr 23	196.7573	192.2380	194.9888
14^thApr 23	196.1885	191.6692	194.4201
13^thApr 23	196.2379	191.7155	194.4683
12^thApr 23	197.2416	192.6871	195.4594
11^thApr 23	197.4218	192.8623	195.6377
10^thApr 23	197.8854	193.3116	196.0956
9^thApr 23	197.8754	193.3016	196.0856
8^thApr 23	197.8654	193.2916	196.0756
7^thApr 23	197.8554	193.2816	196.0656
6^thApr 23	197.8512	193.2774	196.0614
5^thApr 23	198.0174	193.4435	196.2276
4^thApr 23	197.9911	193.4196	196.2022
3^rdApr 23	199.2449	194.6303	197.4392
2^ndApr 23	199.0997	194.4472	197.2792
1^stApr 23	199.0926	194.4401	197.2720
31^thMar 23	199.0827	194.4303	197.2622
30^thMar 23	198.1264	193.4965	196.3147
29^thMar 23	197.4301	192.8178	195.6253
28^thMar 23	196.6936	192.1001	194.8961
27^thMar 23	196.8480	192.2491	195.0484
26^thMar 23	197.4297	192.8110	195.6224
25^thMar 23	197.4184	192.7998	195.6111
24^thMar 23	197.4135	192.7948	195.6062
23^rdMar 23	197.6231	193.0026	195.8151
22^ndMar 23	197.8214	193.1884	196.0085
21^stMar 23	197.4640	192.8428	195.6557
20^thMar 23	197.3926	192.7765	195.5863
19^thMar 23	196.9391	192.3359	195.1378
18^thMar 23	196.9312	192.3280	195.1300
17^thMar 23	196.9233	192.3201	195.1221
16^thMar 23	196.7195	192.1263	194.9221
15^thMar 23	197.7338	193.1125	195.9255
14^thMar 23	198.9384	194.2803	197.1157
13^thMar 23	199.2025	194.5381	197.3773
12^thMar 23	200.8493	196.1346	199.0044
11^thMar 23	200.8315	196.1168	198.9866
10^thMar 23	200.8315	195.5588331	198.4189972
9^thMar 23	200.5213749	195.8132792	198.6790766
8^thMar 23	200.5403708	195.8290287	198.6968022
7^thMar 23	200.3071107	195.6078238	198.4682593
6^thMar 23	200.5602055	195.853649	198.7185095
5^thMar 23	200.6129514	195.902113	198.7695799
4^thMar 23	200.608882	195.8980436	198.7655105
3^rdMar 23	200.6048121	195.8939737	198.7614406
2^ndMar 23	202.8213641	198.0654934	200.9603712
1^stMar 23	204.0327225	199.2402027	202.1573887
28^thFeb 23	202.787742	198.0100057	200.918193
27^thFeb 23	200.7076605	196.0029202	198.8666752
26^thFeb 23	199.448923	194.7781499	197.6212292
25^thFeb 23	199.4326589	194.7618858	197.6049651
24^thFeb 23	199.4284416	194.7576684	197.6007477
23^rdFeb 23	198.7820452	194.1345273	196.9634512
22^ndFeb 23	198.551466	193.9104225	196.7354055
21^stFeb 23	198.4970852	193.8587948	196.682102
20^thFeb 23	198.8800682	194.2331063	197.0616918
19^thFeb 23	198.0025186	193.3844543	196.1954499
18^thFeb 23	197.9870703	193.3690061	196.1800017
17^thFeb 23	197.9827934	193.3647291	196.1757248
16^thFeb 23	199.2202981	194.5626007	197.3977208
15^thFeb 23	199.462708	194.7938235	197.6357532
14^thFeb 23	200.0475055	195.3619627	198.2140322
13^thFeb 23	200.2560505	195.56037	198.4186103
12^thFeb 23	200.2658713	195.5709004	198.4287088
11^thFeb 23	200.2570425	195.5620716	198.41988
10^thFeb 23	200.2570425	195.5620716	198.41988
9^thFeb 23	200.4759383	195.7758964	198.6367915
7^thFeb 23	200.8549452	196.1433989	199.0112967
6^thFeb 23	201.7427358	197.0036894	199.8883263
5^thFeb 23	201.9872856	197.2425056	200.1306326
4^thFeb 23	201.983155	197.238375	200.1265019
3^rdFeb 23	201.9790238	197.2342439	200.1223708
2^ndFeb 23	201.2123661	196.5021839	199.3692513
1^stFeb 23	199.6616046	194.9994082	197.8372669
30^thJan 23	197.262555	192.6908897	195.4736425
29^thJan 23	197.0807817	192.5272759	195.2989751
28^thJan 23	197.0764885	192.5229827	195.2946819
27^thJan 23	197.0721948	192.518689	195.2903882
26^thJan 23	197.2083277	192.6503952	195.4247889
25^thJan 23	216.5245637	212.0298501	214.7657627
24^thJan 23	215.1998482	210.7464188	213.4572019
23^rdJan 23	193.4950582	189.4957044	191.9300937
22^ndJan 23	193.3419373	189.342402	191.7769017
21^stJan 23	193.3287598	189.3292245	191.7637243
20^thJan 23	193.3155816	189.3160463	191.750546
19^thJan 23	193.3902391	189.3894239	191.8247028
18^thJan 23	193.288567	189.2879708	191.7231163
17^thJan 23	193.0730557	189.0731666	191.5078817
16^thJan 23	193.2250869	189.2240817	191.6594762
15^thJan 23	193.6100338	189.5960045	192.0393266
14^thJan 23	193.5969004	189.5828711	192.0261933
13^thJan 23	193.5824478	189.5684185	192.0117406
12^thJan 23	191.695666	187.7419437	190.1485573
11^thJan 23	190.3801245	186.4670575	188.8489243
10^thJan 23	189.7743052	185.8779229	188.2496339
9^thJan 23	189.8201031	185.9219597	188.2947426
8^thJan 23	189.974595	186.0598608	188.4427425
7^thJan 23	189.952374	186.0376398	188.4205215
6^thJan 23	189.930153	186.0154187	188.3983005
5^thJan 23	189.9222648	186.0072653	188.3903085
4^thJan 23	189.3630365	185.4653255	187.8378452
3^rdJan 23	188.1416714	184.2789461	186.6301702
2^ndJan 23	188.2795841	184.4423996	186.7780771
1^stJan 23	188.2573702	184.4201857	186.7558632
31^stDec 22	188.1614301	184.3242455	186.6599231
30^thDec 22	188.2198882	184.3827036	186.7183812
29^thDec 22	199.5465765	195.708071	198.0445526
28^thDec 22	199.2895106	195.4578443	197.7901629
27^thDec 22	199.2788379	195.4471716	197.7794902
26^thDec 22	197.9492542	194.1506931	196.4628607
25^thDec 22	197.9229617	194.1244006	196.4365682
24^thDec 22	197.8966692	194.0981081	196.4102757
23^rdDec 22	197.8703767	194.0718156	196.3839832
22^ndDec 22	196.239457	192.4941944	194.7739195
21^stDec 22	196.1466713	192.4111654	194.6849516
20^thDec 22	195.1066126	191.3848344	193.6502646
19^thDec 22	194.6156186	190.9088678	193.1651509
18^thDec 22	194.3761364	190.6836882	192.9312654
17^thDec 22	194.3575458	190.6650977	192.9126748
16^thDec 22	194.3389543	190.6465061	192.8940833
15^thDec 22	193.7877938	190.1105937	192.3488894
14^thDec 22	193.2268867	189.5661516	191.7944251
13^thDec 22	192.9587892	189.2952416	191.5252271
12^thDec 22	192.7268319	189.0668537	191.2946665
11^thDec 22	192.6605712	189.003226	191.2294361
10^thDec 22	192.6426412	188.985296	191.2115061
9^thDec 22	192.6243824	188.9670372	191.1932473
8^thDec 22	192.3586164	188.7084982	190.9303093
7^thDec 22	192.2073773	188.553923	190.7777647
5^thDec 22	192.3557841	188.6970855	190.9241194
4^thDec 22	192.3076779	188.6508653	190.8767512
3^rdDec 22	192.2880641	188.6312515	190.8571374
2^ndDec 22	192.2684492	188.6116366	190.8375225
1^stDec 22	191.721594	188.084542	190.2983997
30^thNov 22	190.7294756	187.1189769	189.3166717
29^thNov 22	189.7608	186.1826	188.3006
7^thNov 22	186.9051	183.3626	185.5189
5^thNov 22	186.9051	183.3626	185.5189
11^thOct 22	187.5983	184.0287	186.2015
7^thOct 22	187.6527	184.0761	186.2532
23^rdSep 22	192.8964	189.1325	191.4236
22^ndSep 22	192.5881	188.8328	191.1187
12^thAug 22	196.9988	193.0351	195.4478
11^thAug 22	197.4444	193.4697	195.8891
7^thAug 22	197.9598	193.9396	196.3867
6^thAug 22	196.2420	192.2755	194.6899
29^thJuly 22	195.9092	194.3592	191.9481
28^thJuly 22	192.8289	188.9590	191.3146
22^ndJuly 22	198.1133	194.0794	196.5348
21^stJuly 22	198.9054	194.8341	197.3123
15^thJuly 22	198.0954	194.0489	196.5120
14^thJuly 22	198.4531	194.3832	196.8605
29^thJune 22	199.2975	195.6219	197.8592
24^thJune 22	197.6429	194.0155	196.2235
23^rdJune 22	197.7267	194.0961	196.3060
17^thJune 22	198.0992	194.4694	196.6788
16^thJune 22	198.6325	194.9840	197.2048
10^thJune 22	200.3934	196.7046	198.9500
9^thJune 22	200.2092	196.5344	198.7712
31^stMay 22	201.9097	198.0842	200.4127
27^thMay 22	203.9804	200.0473	202.4413
26^thMay 22	204.4006	200.3669	202.8222
20^thMay 22	208.3422	203.9554	206.6256
19^thMay 22	209.6917	205.2418	207.9504
13^thMay 22	209,9701	205.2621	208.1279
12^thMay 22	205.6527	201.0960	203.8696
6^thMay 22	199.9169	195.5508	198.2084
5^thMay 22	200.0858	195.7218	198.3781
29^thApr 22	195.8357	191.6175	194.1851
28^thApr 22	195.2037	191.0037	193.5602
22^ndApr 22	190.3553	186.2663	188.7553
21^stApr 22	189.6628	185.6035	188.0744
13^thApr 22	188.3978	184.3462	186.8124
12^thApr 22	187.3542	183,3375	185.7824
8^thApr 22	184.3571	180.4431	182.8255
7^thApr 22	183.8915	179.9943	182.3665
6^thApr 22	183.8013	179.9016	182.2754
5^thApr 22	183.7153	179.8202	182.1911
4^thApr 22	182.7564	178.8932	181.2447
1^stApr 22	183.1445	179.2670	181.6272
31^stMar 22	184.3745	180.4537	182.8403
29^thMar 22	185.2807	181.3308	183.7351
28^thMar 22	185.7284	181.7599	184.1755
27^thMar 22	185.8753	181.8447	184.2981
25^thMar 22	185.8621	181.8316	184.2849
24^thMar 22	185.8342	181.8040	184.2571
23^rdMar 22	185.5026	181.4653	183.9228
22^ndMar 22	185.5021	181.4660	183.9228
21^stMar 22	185.0771	181.0536	183.5027
18^thMar 22	185.2257	181.1814	183.6431
17^thMar 22	185.4856	181.4327	183.8997
11^thMar 22	185.3659	181.3326	183.7876
10^thMar 22	184.3480	180.3315	182.7763
8^thMar 22	181.2270	177.3123	179.6952
7^thMar 22	181.5429	177.5118	179.9656
4^thMar 22	181.8962	177.8611	180.3173
3^rdMar 22	181.9254	177.8929	180.3474
24^thFeb 22	179.9476	175.9786	178.3945
23^rdFeb 22	179.4041	175.4617	177.8614
22^ndFeb 22	179.5553	175.6081	178.0107
21^stFeb 22	179.4348	175.4932	177.8924
17^thFeb 22	179.1977	175.2621	177.6577
16^thFeb 22	179.7024	175.7487	178.1553
15^thFeb 22	179.5112	175.5621	177.9659
14^thFeb 22	179.1943	175.3652	177.6959
11^thFeb 22	179.6421	175.7961	178.1372
10^thFeb 22	181.1798	177.2998	179.6616
9^thFeb 22	180.0427	176.1999	178.5390
8^thFeb 22	179.0158	175.1856	177.5170
7^thFeb 22	177.7698	173.9737	176.2844
4^thFeb 22	178.5429	174.7205	177.0472
3^rdFeb 22	179.8473	175.9807	178.3343
1^stFeb 22	180.7098	176.8130	179.1850
31^stJan 22	176.8267	173.0602	175.3529
28^thJan 22	174.3451	170.6657	172.9053
27^thJan 22	172.9475	169.4902	171.5946
25^thJan 22	173.4380	169.9603	172.0772
24^thJan 22	173.4174	169.9395	172.0565
21^stJan 22	173.5705	170.0954	172.2107
20^thJan 22	173.3548	169.8856	171.9973
19^thJan 22	173.0459	169.5866	171.6923
18^thJan 22	172.5828	169.1387
17^thJan 22	171.9906	168.5657
14^thJan 22	171.9621	168.5377
13^thJan 22	172.1490	168.7206
7^thJan 22	181.8300	178.4104
6^thJan 22	181.7784	178.3610
5^thJan 22	181.5153	178.1082
4^thJan 22	182.0080	178.5996
31^stDec 21	182.6637	179.2597
30^thDec 21	182.3025	178.9105
24^thDec 21	180.3221	176.9485
23^rdDec 21	180.2940	176.9174
22^ndDec 21	180.3127	176.9349
21^stDec 21	180.6166	177.2295
20^thDec 21	180.7409	177.3490
17^thDec 21	180.6008	177.2145
16^thDec 21	180.4405	177.0594
19^th Nov 21	181.9192	178.4785
18^th Oct 21	182.3204	178.8682
17^th Oct 21	179.2315	175.7630
16^th Sep 21	179.6215	176.1364
15^th Sep 21	180.3910	176.8811
12^th Sep 21	180.8064	177.2959
11^th Sep 21	184.1814	180.6769
10^th Sep 21	184.4374	180.9241
9^th Sep 21	184.9045	181.3757
8^th Sep 21	184.6898	181.1670
5^th Sep 21	185.5584	181.9978
4^th Sep 21	183.8430	180.2206
3^rd Sep 21	183.2712	179.6671

Financial Highlights

Financial Year End	30-Jun-22	30-Jun-21	30-Jun-20	30-Jun-19	30-Jun-18	30-Jun-17	30-Jun-16	30-Jun-15	30-Jun-14	30-Jun-13	30-Jun-12
Opening Net Asset Value (₦'000)	4,753,768	4,669,613	4,884,468	5,498,666	4,846,606	4,071,286	4,337,135	4,883,958	4,249,314	3,617,609	3,209,679
Closing Net Asset Value (₦'000)	4,906,816	4,753,768	4,669,613	4,884,468	5,498,666	4,846,606	4,071,286	4,337,135	4,883,958	4,249,314	3,617,609
Net Income (₦'000)	1,283,510	984,018	50,304	-258,716	1,044,248	1,141,399	229,842	-31,715	434,620	845,175	415,633
Distributions (₦'000)	309,972	288,871	320,968	353,065	417,258	320,968	320,968	320,968	320,968	264,478	243,615
Net Asset Value/Unit	197.88	164.56	145.49	152.18	171.32	151	126.84	135.13	152.16	132.39	112.71
Earnings/Unit	51.76	34.06	1.57	-8.06	32.53	35.56	7.16	-0.99	13.54	26.33	12.95
Distribution/Unit	12.50	10.00	10.00	11.00	13.00	10.00	10.00	10.00	10.00	8.24	7.59
Total Return (%) (Net of Expenses)	22.58%	20.24%	2.83%	-3.58%	20.08%	26.93%	1.27%	-4.62%	21.16%	24.20%	12.71%
Distribution Yield (%NAV)	6.32%	6.08%	6.87%	7.23%	7.59%	6.62%	7.88%	7.40%	6.57%	6.22%	6.73%
Distribution Yield (% Price)	6.26%	5.88%	9.69%	10.66%	12.59%	9.69%	9.69%	9.69%	9.69%	8.59%	7.33%

The ValuAlliance Value Fund

Fund Performance

Benchmark Return

Fund Performance

Benchmark Return

Offer Price

Bid Price

NAV/Unit

PREVIOUS OFFER & BID PRICES

Financial Highlights