Onyema, Sadiku for United Capital E-Conference
Investment and financial services
A Mutual fund (Unit Trust) is an investment vehicle managed by a SEC (Securities and Exchange Commission) registered Fund Manager. Investors with similar objectives buy units of the Fund so that the Fund Manager can buy securities that willl generate their desired return.
An ETF (Exchange Traded Fund) is a type of fund which owns the assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides ownership of those assets into shares. Investors can buy these ‘shares’ on the conglomerate, United Capital Plc, is set to host the second edition of its pan African e-conference on Friday, October 23, 2020, titled: ‘Unravelling investment opportunities in Africa: The role of regulation & technology.’ floor of the Nigerian Stock Exchange. A REIT (Real Estate Investment Trust) is an investment vehicle that allows both small and large investors to part-own real estate ventures (eg. Offices, Houses, Hospitals) in proportion to their investments. The assets are divided into shares that are traded on the Nigerian Stock Exchange.
GUIDE TO DATA:
Date: All fund prices are quoted in Naira as at 14Oct-2020, unless otherwise stated. The company said the panel session which will be held virtually, would be headlined by Chief Offer price: The price at which units of a trust or ETF are bought by investors. Bid Price: The price at which Investors redeem (sell) units of a trust or ETF.
Yield/Total Return: Denotes the total return an investor would have earned on his investment. Money Market Funds report Yield while others report Year- to-date Total Return. NAV: Is value per share of the real estate assets held by a REIT on a specific date. Executive Officer of the Nigerian Stock Exchange, Oscar Onyema; Executive Secretary/CEO, Nigerian
Investment Promotion Commission (NIPC), Yewande Sadiku and other crème of the crop professionals.