Key Information

Fund Manager
Fund Structure
Fund Launch Date
Fund Benchmark
Fund Base Currency
Fund Size (₦m)
No of RSA Accounts
Fund Custodian
Risk Profile
Fund Pricing Times

Fund Fees

Managers Fee
Custodian Fees
Regulatory Fees
Total Fees Before VAT
VAT on Fees
Total Annual Fees
Income Distribution

Fund Prices

NAV per unit
Last year end close
NAV per unit change
NAV per unit change (%)

Other Funds from this manager

Fund Performance

YTD 1 year 3 year 5 year 10 year Since Inception

NAV Returns Volatility

1 year 3 year 5 year 10 year

Performance History

Monthly Price Movement

Performance History

Yearly Price Movement

Performance History

Monthly Returns

Performance History

Quarterly Returns

Performance History

Annual Returns

Top Asset Classes

Description %

Data as at :


Year Ending 31-12-2022 31-12-2021 31-12-2020 31-12-2019 31-12-2018
Net Investment Income (₦'000)
Net Operating Expenses (₦'000)
Net gains/(losses) from investing (₦'000)
Closing Net Assets (₦'000)
Investment Income Growth
Fund Operating Expenses to Income ratio
Growth in AUM
Closing Audited NAV Per Unit (₦)
Change in Audited NAV Per Unit
Fund Auditors
Expense Ratio


Executive Director Investments

Dare Otitoju is the Executive Director in charge of Investments. He possesses over 20 years’ experience in the financial markets with special expertise in Fixed Income securities, Money Market instruments, Structured Products and Foreign Exchange securities. He holds a Bachelor of Technology in Computer Science and Physics from the Federal University of Technology Minna, as well as an MBA from the University of Manchester in the United Kingdom


Prior to his appointment as Executive Director Investments, Dare served in various capacities across the Group both within and outside Nigeria, including Head, Global Markets Sales of Stanbic IBTC Bank PLC, and Head, Global Markets Trading Stanbic IBTC Bank PLC between January 2015 and December 2018. Dare was also a member of the Africa Trading desk at Standard Bank PLC London from June 2014 to January 2015 and served in Stanbic Bank Ghana Limited between 2009 and 2010.


Literature & Downloads

Type of file File Description Download Link

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Review and analysis of the Stanbic IBTC Pensions Fund II

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