Exchange Traded Funds (ETFs) on The Nigerian Stock Exchange

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One of the feedback I got regarding the post I made yesterday was to provide a list of ETFs on the Nigeria Stock Exchange (NSE). The request came from a very high profile person, one of the Directors at S&P Dow Jones Indices You can checkout the original comment from him at https://www.linkedin.com/pulse/exchange-traded-funds-etf-invested-nigerian-companies-michael-olafusi?trk=pulse_spock-articles 

image: nigeriamessageboard.com

Currently, there are seven ETFs on the Nigerian Stock Exchange. Unlike the foreign ETFs, they don't make easily available the details of the underlying companies -- percentage holding, number of stocks, value of each stock position and other useful details I easily get for the foreign ETFs. And I don't know why. 

1. Vetiva Banking ETF

Fund Value: NGN 398,898,000.00

Holdings:
ACCESS
DIAMONDBNK
ETI
FIDELITYBK
GUARANTY
STERLNBANK
UBA
UBN
WEMABANK
ZENITHBANK

2. STANBIC IBTC ETF 30 (Couldn't find website link for the fund)

Fund Value: Couldn't find

Top 10 Holdings (as at December 2014):
DANGCEM 19.49%
NB 16.68%
GUARANTY 9.74%
NESTLE 8.57%
ZENITHBANK 6.82%
WAPCO 3.59%
FO 3.01%
ETI 2.91%
SEPLAT 2.73%
STANBIC 2.40%

3. Lotus Halal Equity Exchange Traded Fund (LHE ETF)

Fund Value: NGN 425,124,000.00

Holdings:
NASCON
NESTLE
OKOMU OIL
PZ
PRESCO
UNILEVER
MOBIL
7UP
DANGSUGAR
CADBURY
CAP
GSK
CCNN
DANGCEM
LAFARGE AFRICA

4. NEWGOLD ETF (Tracks the Rand price of gold and originally an SA ETF before listing also on NSE in 2011)

Fund Value: NGN 408,275,941,378.33

Holding:
Gold bullion

5. Vetiva Consumer Goods ETF

Fund Value: NGN 1,044,306,000.00

Holding:
7UP
CADBURY
CHAMPION
DANGFLOUR
DANGSUGAR
FLOURMILL
GUINNESS
HONYFLOUR
INTBREW
NASCON
NB
NESTLE
PZ
UNILEVER
VITAFOAM

6. Vetiva Griffin 30 ETF

Fund Value: NGN 1,807,740,000.00

Holding:
7UP
ACCESS
DANGCEM
DANGSUGAR
DIAMOND
ETI
FBNH
FIDELITY
FLOURMILLS
FO
GUARANTY
GUINNESS
INTBREW
JBERGER
MOBIL
NB
NESTLE
OANDO
PZ
SEPLAT
STANBIC
STERLING
TOTAL
TRANSCORP
UACN
UBA
UBN
UNILEVER
WAPCO
ZENITH

7. Vetiva Industrial ETF

Fund Value: NGN 2,379,942,000.00

Holding:
BERGER
BETAGLAS
CAP
CCNN
CUTIX
DANGCEM
MEYER
PAINTCO
PORTPAINT
WAPCO


1 comment:

  1. Hi I'm new to all of this. But I'd like to know how does one go about buying ETFs and what's the smallest amount that can be purchased?

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