Investors book over N270mn loss on depleting Exchange Traded Funds

by | November 24, 2016 2:44 am

Fund managers of Exchange Traded Funds (ETFs) in Nigeria are caught in the web of “what best stocks/commodities to place these funds” as some unit holders of these ETFs are seen booking losses and resorting to declining dividend payouts. Exchange-Traded Funds are Collective Investment Schemes (CIS) that tracks the performance of an index, or a…

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