Investors book over N270mn loss on depleting Exchange Traded Funds

Investors book over N270mn loss on depleting Exchange Traded Funds

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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