Best performing Nigeria mutual funds in 2023
The Nigerian investment landscape maintained positive profits for investors in 2023, from the various capital market instruments to mutual funds. According to the data from the Securities Exchange Commission (SEC), the mutual funds in Nigeria printed an average of 19% return in 2023. Further analysis showed that equity-based funds recorded the highest return of 49.6% […]
Here’s how equity mutual funds defied inflation in 2023
With a steady increase in inflation rates last year, only very few asset classes including equity mutual funds were able to fare better. Mutual funds are created with the intent to pool funds from various investors who are willing to diversify holdings. One of the best-performing asset classes in 2023 was the equity-based mutual fund with average gains […]