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


Group Head, Investment

Austine Ejola

Augustine Ejola holds a B.Sc. in Accounting from the Lagos State University Ojo, Lagos and has over 15 years hands-on experience in Financial Advisory, Accounting, Stockbroking Operations, Investment Research and Securities Trading with a solid background in bond market strategy, portfolio management and execution.


He was the Head, Strategic Advisory Services of Alpha Morgan Capital Advisory Partners Limited, before that, he was in the Securities Trading & Corporate Finance Department of Planet Capital Limited where he was involved in various forms of Corporate Finance and Financial Advisory transactions. He was also Chief Investment Officer/COO for PML Securities Company Limited, where he was in charge of the seamless execution of the company’s operation. Before then he was Head, Financial Advisory and Securities trading at Strategy & Arbitrage Limited where he was responsible for the management the proprietary fund of the firm.


He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), an associate member of the Chartered Institute of Stockbrokers and a Level 2 Student of the Certified Financial Analyst Institute (CFA).

Literature & Downloads

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Our review of the Fidelity Pension Managers Pensions Fund I

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