Stanbic IBTC ETF 40
Fund Objective
The ETF 40 aims to replicate as closely as possible, the total return of The Nigerian Stock Exchange (NSE) Pension Index (i.e. an index which tracks the top 40 companies on The NSE in terms of market capitalization, liquidity and Pension Funds Administration investment eligibility). The ETF 40 provides investors with access to a basket of liquid public-quoted companies on the NSE, whilst also achieving a net return that reflects the performance of the NSE Pension 40 Index.
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