Money Counsellors | All Mutual Funds

Mutual Funds

Mutual funds are set up by a fund manager and are approved and regulated by the Securities and Exchange Commission (SEC). A mutual fund allows you to combine savings with other investors and get it managed by a professional portfolio manager. The assets of the fund are held separately by a custodian and monitored by a trustee.

Summary of All Mutual Funds & ETFs.

* as at 10 March, 2023

Number of funds: 148

AUM: ₦1,691,196.69mn*

Mutual Fund Prices

	MUTUAL FUND PRICES ₦
Fund Management Company	Fund Name	Fund Type	Mid Price	Bid Price	Offer Price	Last Update
Guaranty Trust Fund Managers View Fund	Abacus Money Market Fund	Money Market Funds	100.00	100.00	100.00	20-01-2023
Guaranty Trust Fund Managers View Fund	Abacus Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Afrinvest Asset Management Limited View Fund	Afrinvest Dollar Fund	USD Fixed Income Funds	49,257.91	49,257.91	49,257.91	10-03-2023
Afrinvest Asset Management Limited View Fund	Afrinvest Equity Fund	Equity Funds	204.92	203.47	206.37	10-03-2023
Afrinvest Asset Management Limited View Fund	Afrinvest Plutus Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
AIICO Capital Limited View Fund	AIICO Balanced Fund	Balanced Funds	3.96	3.93	4.00	10-03-2023
AIICO Capital Limited View Fund	AIICO Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Greenwich Asset Management Limited View Fund	ALPHA ETF	Exchange Traded Funds (ETFs)	130.79	129.30	132.27	10-03-2023
Anchoria Asset Management Limited View Fund	Anchoria Equity Fund	Equity Funds	159.22	158.36	160.07	10-03-2023
Anchoria Asset Management Limited View Fund	Anchoria Fixed Income Fund	Bond\|Fixed Income Funds	1.25	1.25	1.25	10-03-2023
Anchoria Asset Management Limited View Fund	Anchoria Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
ARM Investment Managers Limited View Fund	ARM Aggressive Growth Fund	Equity Funds	24.11	23.75	24.47	10-03-2023
ARM Investment Managers Limited View Fund	ARM Discovery Balanced Fund	Balanced Funds	561.33	552.99	569.67	10-03-2023
ARM Investment Managers Limited View Fund	ARM Ethical Fund	Ethical Funds	48.25	47.54	48.97	10-03-2023
ARM Investment Managers Limited View Fund	ARM Eurobond Fund	USD Fixed Income Funds	523.37	523.37	523.37	10-03-2023
ARM Investment Managers Limited View Fund	ARM Fixed Income Fund	Bond\|Fixed Income Funds	1.12	1.12	1.12	10-03-2023
ARM Investment Managers Limited View Fund	ARM Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
AVA Global Asset Managers Limited View Fund	AVA GAM Fixed Income Dollar Fund	USD Fixed Income Funds	44,568.91	44,568.91	44,568.91	10-03-2023
AVA Global Asset Managers Limited View Fund	AVA GAM Fixed Income Naira Fund	Bond\|Fixed Income Funds	1,123.19	1,123.19	1,123.19	10-03-2023
AXA Mansard Investments Limited View Fund	AXA Mansard Equity Income Fund	Equity Funds	142.23	141.73	142.73	10-03-2023
AXA Mansard Investments Limited View Fund	AXA Mansard Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
Capital Express Global Asset Management Limited View Fund	Capital Express Balanced Fund	Balanced Funds	2.40	2.34	2.46	10-03-2023
CardinalStone Asset Management Limited View Fund	CardinalStone Fixed Income Alpha Fund	Bond\|Fixed Income Funds	1.02	1.02	1.02	10-03-2023
Capital Express Global Asset Management Limited View Fund	CEAT Fixed Income Fund	Bond\|Fixed Income Funds	2.14	2.14	2.14	10-03-2023
Chapel Hill Denham Management Limited View Fund	Chapel Hill Denham Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Chapel Hill Denham Management Limited View Fund	Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF)	Infrastructure Funds	107.59	107.59	107.59	10-03-2023
FSDH Asset Management Limited View Fund	Coral Balanced Fund	Balanced Funds	4,450.45	4,435.56	4,465.33	10-03-2023
FSDH Asset Management Limited View Fund	Coral Income Fund	Bond\|Fixed Income Funds	3,766.56	3,766.56	3,766.56	10-03-2023
FSDH Asset Management Limited View Fund	Coral Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Cordros Asset Management Limited View Fund	Cordros Dollar Fund	USD Fixed Income Funds	52,674.28	52,674.28	52,674.28	10-03-2023
Cordros Asset Management Limited View Fund	Cordros Milestone Fund	Balanced Funds	145.74	145.26	146.21	10-03-2023
Cordros Asset Management Limited View Fund	Cordros Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Core Asset Management Limited View Fund	Core Investment Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Core Asset Management Limited View Fund	Core Value Mixed Fund	Balanced Funds	102.87	102.75	102.99	10-03-2023
Coronation Asset Management Limited View Fund	Coronation Balanced Fund	Balanced Funds	1.25	1.24	1.25	10-03-2023
Coronation Asset Management Limited View Fund	Coronation Fixed Income Fund	Bond\|Fixed Income Funds	1.39	1.39	1.39	10-03-2023
Coronation Asset Management Limited View Fund	Coronation Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
EDC Fund Management Limited View Fund	EDC Fixed Income Fund	Bond\|Fixed Income Funds	1,125.22	1,122.60	1,127.84	10-03-2023
EDC Fund Management Limited View Fund	EDC Money Market Fund Class A	Money Market Funds	100.00	100.00	100.00	10-03-2023
EDC Fund Management Limited View Fund	EDC Money Market Fund Class B	Money Market Funds	1,000,000.00	1,000,000.00	1,000,000.00	10-03-2023
Emerging Africa Asset Management Limited View Fund	Emerging Africa Balanced-Diversity Fund	Balanced Funds	1.16	1.16	1.16	10-03-2023
Emerging Africa Asset Management Limited View Fund	Emerging Africa Bond Fund	Bond\|Fixed Income Funds	1.09	1.09	1.09	10-03-2023
Emerging Africa Asset Management Limited View Fund	Emerging Africa Eurobond Fund	USD Fixed Income Funds	48,813.17	48,813.17	48,813.17	10-03-2023
Emerging Africa Asset Management Limited View Fund	Emerging Africa Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
First Ally Asset Management Limited View Fund	FAAM Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
FBNQuest Asset Management Limited View Fund	FBN Bond Fund	Bond\|Fixed Income Funds	1,504.69	1,504.69	1,504.69	10-03-2023
FBNQuest Asset Management Limited View Fund	FBN Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
FBNQuest Asset Management Limited View Fund	FBN Balanced Fund	Balanced Funds	212.14	211.36	212.92	10-03-2023
FBNQuest Asset Management Limited View Fund	FBN Dollar Fund	USD Fixed Income Funds	56,219.93	56,219.93	56,219.93	10-03-2023
FBNQuest Asset Management Limited View Fund	FBN Halal Fund	Shari'ah Compliant Funds	125.86	125.86	125.86	10-03-2023
FBNQuest Asset Management Limited View Fund	FBN Smart Beta Equity Fund	Equity Funds	180.05	178.85	181.25	10-03-2023
SCM Capital Asset Management Limited View Fund	SCM Capital The Frontier Fund	Equity Funds	136.86	135.24	138.48	10-03-2023
FSDH Asset Management Limited View Fund	FSDH Dollar Fund	USD Fixed Income Funds	527.35	527.35	527.35	10-03-2023
Futureview Asset Management Limited View Fund	Futureview Dollar Fund	USD Fixed Income Funds	46,650.61	46,650.61	46,650.61	10-03-2023
Futureview Asset Management Limited View Fund	Futureview Equity Fund	Equity Funds	105.74	104.03	107.44	10-03-2023
GDL Asset Management Limited View Fund	GDL Canary Growth Fund (Formerly ACAP Canary Growth Fund)	Balanced Funds	1.34	1.33	1.36	10-03-2023
GDL Asset Management Limited View Fund	GDL Income Fund (Formerly ACAP Income Fund)	Bond\|Fixed Income Funds	0.63	0.63	0.63	10-03-2023
GDL Asset Management Limited View Fund	GDL Money Market Fund	Money Market Funds	10.00	10.00	10.00	10-03-2023
Greenwich Asset Management Limited View Fund	Greenwich Plus Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Lead Asset Management Limited View Fund	Lead Balanced Fund	Balanced Funds	152.24	149.73	154.75	10-03-2023
Lead Asset Management Limited View Fund	Lead Fixed Income Fund	Bond\|Fixed Income Funds	199.27	198.73	199.81	10-03-2023
First City Asset Management Limited View Fund	Legacy Equity Fund	Equity Funds	2.16	2.14	2.18	10-03-2023
First City Asset Management Limited View Fund	Legacy Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
First City Asset Management Limited View Fund	Legacy Debt Fund	Bond\|Fixed Income Funds	3.52	3.52	3.52	10-03-2023
First City Asset Management Limited View Fund	Legacy USD Bond Fund	USD Fixed Income Funds	460.55	460.55	460.55	10-03-2023
Lotus Capital Limited View Fund	Lotus Capital Fixed Income Fund	Bond\|Fixed Income Funds	1,179.49	1,179.49	1,179.49	10-03-2023
Lotus Capital Limited View Fund	Lotus Halal Equity ETF	Exchange Traded Funds (ETFs)	17.19	17.19	17.19	10-03-2023
Lotus Capital Limited View Fund	Lotus Halal Investment Fund	Shari'ah Compliant Funds	1.85	1.84	1.86	10-03-2023
Meristem Wealth Management Limited View Fund	Meristem Equity Market Fund	Equity Funds	13.05	13.02	13.08	10-03-2023
Meristem Wealth Management Limited View Fund	Meristem Growth ETF	Exchange Traded Funds (ETFs)	17.45	17.40	17.50	10-03-2023
Meristem Wealth Management Limited View Fund	Meristem Money Market Fund	Money Market Funds	10.00	10.00	10.00	10-03-2023
Meristem Wealth Management Limited View Fund	Meristem Value ETF	Exchange Traded Funds (ETFs)	16.45	16.40	16.50	10-03-2023
New Gold Managers (Proprietary) Limited View Fund	New Gold ETF	Exchange Traded Funds (ETFs)	11,100.11	11,100.11	11,100.11	10-03-2023
Chapel Hill Denham Management Limited View Fund	Nigeria Bond Fund	Bond\|Fixed Income Funds	101.67	101.67	101.67	10-03-2023
Chapel Hill Denham Management Limited View Fund	Nigeria Dollar Income Fund	USD Fixed Income Funds	458.95	458.95	458.95	10-03-2023
SCM Capital Asset Management Limited View Fund	Nigeria Energy Sector Fund	Balanced Funds	552.20	552.20	552.20	10-03-2023
Greenwich Asset Management Limited View Fund	Nigeria Entertainment Fund	Balanced Funds	114.22	112.26	116.18	10-03-2023
Afrinvest Asset Management Limited View Fund	Nigeria International Debt Fund	Bond\|Fixed Income Funds	329.94	329.94	329.94	10-03-2023
Chapel Hill Denham Management Limited View Fund	Nigerian Real Estate Investment Trust	Real Estate Funds	101.31	101.31	101.31	10-03-2023
Norrenberger Investment & Capital Management Limited View Fund	Norrenberger Islamic Fund	Shari'ah Compliant Funds	102.36	102.36	102.36	10-03-2023
Norrenberger Investment & Capital Management Limited View Fund	Norrenberger Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
NovaMBL Asset Management Limited View Fund	Nova Dollar Fixed Income Fund	USD Fixed Income Funds	401.32	401.32	401.32	10-03-2023
NovaMBL Asset Management Limited View Fund	Nova Hybrid Fund	Balanced Funds	1.28	1.28	1.28	10-03-2023
NovaMBL Asset Management Limited View Fund	Nova Prime Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
PAC Asset Management Limited View Fund	PACAM Balanced Fund	Balanced Funds	1.72	1.69	1.74	10-03-2023
PAC Asset Management Limited View Fund	PACAM Equity Fund	Equity Funds	1.57	1.56	1.58	10-03-2023
PAC Asset Management Limited View Fund	PACAM Eurobond Fund	USD Fixed Income Funds	57,906.42	56,940.58	58,872.25	10-03-2023
PAC Asset Management Limited View Fund	PACAM Fixed Income Fund	Bond\|Fixed Income Funds	11.63	11.51	11.75	10-03-2023
PAC Asset Management Limited View Fund	PACAM Money Market Fund	Money Market Funds	10.00	10.00	10.00	10-03-2023
Chapel Hill Denham Management Limited View Fund	Paramount Equity Fund	Equity Funds	20.20	20.01	20.38	10-03-2023
SFS Capital Nigeria Limited View Fund	SFS Fixed Income Fund	Bond\|Fixed Income Funds	1.02	1.02	1.02	10-03-2023
SFS Capital Nigeria Limited View Fund	SFS Real Estate Investment Trust Fund	Real Estate Funds	77.00	77.00	77.00	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Absolute Return Fund (Sub Fund)	Bond\|Fixed Income Funds	4,636.74	4,636.74	4,636.74	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Aggressive Fund (Sub Fund)	Equity Funds	3,500.56	3,478.60	3,522.51	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Balanced Fund	Balanced Funds	3,875.73	3,861.33	3,890.13	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Bond Fund	Bond\|Fixed Income Funds	247.00	247.00	247.00	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Conservative Fund (Sub Fund)	Bond\|Fixed Income Funds	4,403.65	4,395.25	4,412.05	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Dollar Fund	USD Fixed Income Funds	637.93	637.93	637.93	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Enhanced Short-Term Fixed Income Fund	Bond\|Fixed Income Funds	116.89	116.89	116.89	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC ETF 30	Exchange Traded Funds (ETFs)	264.02	264.02	264.02	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC ETF 40	Exchange Traded Funds (ETFs)	90.00	90.00	90.00	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Ethical Fund	Ethical Funds	1.53	1.52	1.54	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Guaranteed Investment Fund	Bond\|Fixed Income Funds	336.36	336.36	336.36	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Imaan Fund	Shari'ah Compliant Funds	283.96	282.42	285.50	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Money Market Fund	Money Market Funds	100.00	100.00	100.00	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Nigerian Equity Fund	Equity Funds	13,070.04	13,070.04	13,070.04	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	Stanbic IBTC Shariah Fixed Income Fund	Shari'ah Compliant Funds	122.40	122.40	122.40	10-03-2023
Trust Blanc Asset Managers Limited View Fund	Trustbanc Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
SFS Capital Nigeria Limited View Fund	UH Real Estate Investment Trust	Real Estate Funds	36.60	36.60	36.60	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Balanced Fund	Balanced Funds	1.60	1.59	1.62	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Equity Fund	Equity Funds	1.09	1.07	1.10	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Eurobond Fund	USD Fixed Income Funds	58,442.01	58,442.01	58,442.01	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Fixed Income Fund	Bond\|Fixed Income Funds	1.98	1.98	1.98	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Sukuk Fund	Shari'ah Compliant Funds	1.12	1.12	1.12	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Wealth for Women Fund	Balanced Funds	1.30	1.29	1.31	10-03-2023
Stanbic IBTC Asset Management Limited View Fund	UPDC Real Estate Investment Fund	Real Estate Funds	9.93	9.93	9.93	10-03-2023
ValuAlliance Asset Management Limited View Fund	Valualliance Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
ValuAlliance Asset Management Limited View Fund	Valualliance Value Fund	Balanced Funds	197.91	195.56	200.26	10-03-2023
Guaranty Trust Fund Managers View Fund	Vantage Balanced Fund	Balanced Funds	3.16	3.13	3.19	20-01-2023
Guaranty Trust Fund Managers View Fund	Vantage Balanced Fund	Balanced Funds	3.26	3.23	3.29	10-03-2023
Guaranty Trust Fund Managers View Fund	Vantage Dollar Fund	USD Fixed Income Funds	455.06	455.06	455.06	20-01-2023
Guaranty Trust Fund Managers View Fund	Vantage Dollar Fund	USD Fixed Income Funds	460.51	460.51	460.51	10-03-2023
Guaranty Trust Fund Managers View Fund	Vantage Equity Income Fund	Equity Funds	1.29	1.27	1.30	20-01-2023
Guaranty Trust Fund Managers View Fund	Vantage Equity Income Fund	Equity Funds	1.35	1.33	1.37	10-03-2023
Guaranty Trust Fund Managers View Fund	Vantage Guaranteed Income Fund	Bond\|Fixed Income Funds	1.00	1.00	1.00	20-01-2023
Guaranty Trust Fund Managers View Fund	Vantage Guaranteed Income Fund	Bond\|Fixed Income Funds	1.00	1.00	1.00	10-03-2023
Vetiva Fund Managers Limited View Fund	Vetiva Banking ETF	Exchange Traded Funds (ETFs)	4.54	4.49	4.59	10-03-2023
Vetiva Fund Managers Limited View Fund	Vetiva Consumer Goods ETF	Exchange Traded Funds (ETFs)	6.94	6.89	6.99	10-03-2023
Vetiva Fund Managers Limited View Fund	Vetiva Griffin 30 ETF	Exchange Traded Funds (ETFs)	20.26	20.16	20.36	10-03-2023
Vetiva Fund Managers Limited View Fund	Vetiva Industrial ETF	Exchange Traded Funds (ETFs)	25.59	25.49	25.69	10-03-2023
Vetiva Fund Managers Limited View Fund	Vetiva Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
Vetiva Fund Managers Limited View Fund	Vetiva S & P Nigeria Sovereign Bond ETF	Exchange Traded Funds (ETFs)	143.01	142.01	144.01	10-03-2023
Chapel Hill Denham Management Limited View Fund	Women's Balanced Fund	Balanced Funds	158.33	157.33	159.32	10-03-2023
Quantum Zenith Asset Management & Investment Limited View Fund	Zenith Balanced Strategy Fund	Balanced Funds	14.76	14.69	14.83	10-03-2023
Quantum Zenith Asset Management & Investment Limited View Fund	Zenith ESG Impact Fund	Ethical Funds	16.76	16.67	16.84	10-03-2023
Quantum Zenith Asset Management & Investment Limited View Fund	Zenith Income Fund	Bond\|Fixed Income Funds	23.87	23.87	23.87	10-03-2023
Quantum Zenith Asset Management & Investment Limited View Fund	Zenith Money Market Fund	Money Market Funds	1.00	1.00	1.00	10-03-2023
Cordros Asset Management Limited View Fund	Cordros Halal Fixed Income Fund	Shari'ah Compliant Funds	104.47	104.47	104.47	10-03-2023
Cordros Asset Management Limited View Fund	Cordros Fixed Income Fund	Bond\|Fixed Income Funds	107.39	107.39	107.39	10-03-2023
Capital Trust Investments and Asset Management Limited View Fund	Capitaltrust Halal Fixed Income Fund	Shari'ah Compliant Funds	1,053.09	1,053.09	1,053.09	10-03-2023
AXA Mansard Investments Limited View Fund	AXA Mansard Dollar Bond Fund	USD Fixed Income Funds	57,867.23	57,664.38	58,070.08	10-03-2023
ARM Investment Managers Limited View Fund	ARM Short Term Bond Fund	Bond\|Fixed Income Funds	1.05	1.05	1.05	10-03-2023
Radix Asset Management Company Limited View Fund	Radix Horizon Fund	Bond\|Fixed Income Funds	100.00			01-07-2022
EDC Fund Management Limited View Fund	EDC Nigeria Balanced Fund	Balanced Funds	106.39	105.56	107.21	10-03-2023
EDC Fund Management Limited View Fund	EDC Nigeria Halal Fund	Shari'ah Compliant Funds	100.44	98.99	101.89	10-03-2023
DLM Asset Management Limited View Fund	DLM Fixed Income Fund	Bond\|Fixed Income Funds	1,000.00	1,000.00	1,000.00	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Infrastructure Fund	Infrastructure Funds	1,000,000.00	1,000,000.00	1,000,000.00	10-03-2023
Cowry Treasurers Limited View Fund	Cowry Balanced Fund	Balanced Funds	107.91	107.74	108.08	10-03-2023
Cowry Treasurers Limited View Fund	Cowry Equity Fund	Equity Funds	110.78	110.56	111.01	10-03-2023
Cowry Treasurers Limited View Fund	Cowry Fixed Income Fund	Bond\|Fixed Income Funds	103.71	103.71	103.71	10-03-2023
United Capital Asset Management Limited View Fund	United Capital Global Fixed Income Fund	USD Fixed Income Funds	466.44	466.44	466.44	10-03-2023
Norrenberger Investment & Capital Management Limited View Fund	Norrenberger Dollar Fund	USD Fixed Income Funds	47,083.97	47,083.97	47,083.97	10-03-2023

Our data and information provided is based on public data, our regulatory intelligence effort, from our archives, and other public sources such as from Fund Managers, FMAN, Pension Fund Administrators (PFAs), PenOp, etc. We have taken care to ensure that the information is correct, but MoneyCounsellors neither warrants, represents, nor guarantees the information's contents, nor does it accept responsibility for any errors, inaccuracies, omissions, or inconsistencies contained herein. Because past performance does not predict future performance, it should not be used to make an investment decision. We make no product recommendations. No news or research item should be interpreted as a personal recommendation to buy, sell, or switch any investment. Investments and the income generated by them rise and fall in value, so you may receive more or less than you invested.