Nigerian equity funds underperform SA peers on risk-adjusted basis

by | September 26, 2016 12:30 am



Background A mutual fund is a collective investment scheme (CIS) that enables investors to pool their financial resources together for the purpose of investing in securities (stock, bond, etc) in which they would otherwise have been unable to invest. The operation of mutual funds in Nigeria is regulated by the Nigerian Securities and Exchange Commission (SEC),…

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