First Asset Nigeria Smart Beta Equity Fund

First Asset Management Limited · Equity · NGN

Before, this fund filed as FBN Nigeria Smart Beta Equity Fund. The returns before the name change come from the filings under that name.

NAV per unit ₦588.98 on 16 October 2026, from the latest filing of this fund with the Commission.

Returns

We calculate these returns from the unit price that the fund files, after fees. Each period ends on 16 October 2026.
4 weeks−1.5%
12 weeks−3.6%
This year+29.0%
1 year+18.5%
3 years+160.7%
Since 2016+489.0%

Ranking

Rank 19 of 22 equity funds. The rank uses the return from the start of this year. Change in the last 12 weeks: down 1.

NAV per unit

The series below shows the net asset value per unit that the fund files with the Commission each week.

From 29 January 2016 to 16 October 2026: 549 weekly filings.

Last 12 filings

16 October 2026₦588.98
9 October 2026₦590.68
2 October 2026₦595.77
18 September 2026₦597.96
11 September 2026₦590.73
4 September 2026₦598.05
28 August 2026₦584.32
21 August 2026₦582.32
14 August 2026₦586.23
7 August 2026₦594.39
31 July 2026₦603.95
24 July 2026₦611.07

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Fund size and net flow are not in the Commission's filings. We estimate them weekly. Priced against the request — help@africanmutualfunds.com.