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Promoting Good Governance.

ETFs sound and viable investment options, says NSE

THE Nigerian Stock Exchange (NSE), the leading market for Exchange Traded Funds (ETFs) in the West African region, has announced the commencement of a three-day enlightenment campaign to increase investors’ awareness and participation in the ETFs market held as the next best option to stocks and bonds.

The campaign slated to kick-off within the week will see the Exchange engage investors through social media, radio, email and in-house workshop, on the benefits of ETFs as a transparent and low-cost investment option.

Mr Jude Chiemeka, Divisional Head, Trading Business Division, NSE, said that “this initiative is in line with the NSE’s strategic objective of providing new and accessible opportunities for citizens to create durable wealth.

“The Exchange continues to showcase the benefits of ETFs as a sound and viable investment option to tap into the capital markets.

“I am pleased with efforts made by ETF providers and advisers to create and introduce more ETFs that align with the needs of institutional and retail investors thereby deepening the ETF market segment.” ​

ETFs purchased on the NSE just like stocks and bonds through Dealing Member Firms (DMF) as well as online trading platforms are professionally managed vehicles designed to give investors broad exposure to the market by tracking an index (market cap allocations) or specialized themes that consider factors such as value and growth investing (smart beta strategy).

The NSE advised that investor take advantage of the discounted trading fee regime offered by the ETF Market Authorized Dealers – Stanbic IBTC Securities Limited and Vetiva Securities Limited – before month end.

 

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