ALCB Fund’s Post

Norrenberger Expands Investor Options with New Listings on the Nigerian Exchange We’re excited to share that Norrenberger is listing its Islamic Fund (NIF) and Turbo Fund (NTF) on the Nigerian Exchange Limited (NGX), bringing fresh investment pathways for Nigerian investors. Registered with the Securities and Exchange Commission (SEC), both funds are structured to provide stable, fixed-income investment opportunities. Islamic Fund (NIF): Shariah-compliant fund ideal for conservative investors, with 75% of assets in Sukuk bonds and benchmarked against Nigeria’s 3-year FGN bond. Turbo Fund (NTF): Fixed-income focused, launched in November 2023, providing accessible entry and a competitive yield for steady growth. Join Norrenberger as it strengthen Nigeria’s investment landscape with more choices for everyone.  #Norrenberger #NigerianExchange #InvestmentFunds #ShariahCompliant #FixedIncomeInvesting #FinanceNews #AssetManagement #NGX 📖 Read full article here: https://lnkd.in/ghyyhdht

MONTHLY MUTUAL FUNDS FACT SHEET FEBRUARY 2024 Below is a summary of the performance of our mutual funds as at 29 February 2024. Fund YTD Performance (as at 29th February 2024) Emerging Africa Bond Fund 6.04% Emerging Africa Balanced Diversity Fund 4.81% Emerging Africa Eurobond Fund 3.51% Fund Performance as at 29th February 2024 Emerging Africa Money Market Fund 13.77% Market Commentary Money Market System liquidity tightened in the month under review to average -167.5bn in February 2024 compared with an average of N134.3bn recorded in January 2024. This was largely driven by FGN bond, OMO, and NTB auctions by the CBN in a bid to mop excess liquidity. The Open Policy Rate (OPR) and Overnight rate (O/N) trended upwards to an average of 20.2% and 21.3% respectively compared with 16.8% and 17.9% recorded in the previous month. Read more on https://lnkd.in/dxprY3Hj For further enquiries, please contact us via any of the channels below: https://lnkd.in/dsCjX-n [email protected] [email protected] We appreciate and value your continued patronage.

Pivotal moment in financial market’s history in Kazakhstan. Today a few investment banks have sighned the very first agreement with Kazakhstan Deposit Insurance Fund (KDIF) to have privilege to acquire small part of the assets portfolio under management. It will definitely influence the market and will lead to better liquidity and activity on the local stock exchanges. National Bank is known to be the only one and single asset manager for all the assets national and quasi-governmental institutions have. Great changes yet to come and KDIF case is a second of game changing on the market after United Saving Pension Fund, aims to reinvigorate financial markets in Kazakhstan.

+ Outperformance against BM over 1, 3 and 5 years. + 15 consecutive years of annual dividend increases. + Stock picking approach: Identity and invest in quality businesses with strong balance sheets and sustainable dividends with reliable earnings operating in a structural growth area. + MSCI ESG rating of A. Investment involves risk. Past performance is not a guide to the future.

The ALCB Fund has invested XOF 6 billion (USD 10 million) in the second securitisation of West African Development Bank (BOAD), the first multi-tranche securitisation in the #WAEMU region. The XOF 160 billion (USD 270 million) securitisation is composed of three tranches. The mezzanine tranche of XOF 28.75 billion (USD 50 million), rated AA+ by GCR West Africa, was offered to institutional investors, including the ALCB Fund, while the other classes were fully subscribed by BOAD. This is the first time in the WAEMU region where a multi-tranched securitisation has been issued, and the first by an African-DFI with the intent of providing capital relief to facilitate portfolio growth. The issuance will support BOAD’s capacity to provide funding to developmental sectors such as infrastructure, agriculture, health and education. The ALCB Fund played an active role in the structuring of the operation, playing an anchor investor role, with their investment earmarked to private sector projects in the WAEMU region. BOAD Titrisation acted as arranger and fund manager. Impaxis Securities acted as lead bookrunner. ALCB Fund is managed by Cygnum Capital. Read more here: https://lnkd.in/eq2V7VRd #africanbusiness #sustainabledevelopment #capitalmarkets #inclusivegrowth #waemu #privatesector #dfi #sdgs

Latest Stats from the IFN Investor Database: Asia Pacific based Islamic funds account for US$41.40 billion AUM. For more stats like this, please visit: https://ifninvestor.com/ #IFNInvestor #REDmoney #IFN #IslamicInvestment #IslamicFinance #AssetManagement #ShariahCompliant

The assets managed by sovereign wealth funds are gradually increasing every year, driven by the growth of the global economy and the investment opportunities emerging from new sectors. With a portfolio value exceeding $12.5 trillion, 42% ($5.2 trillion) of the total assets of sovereign wealth funds are managed by funds in the Middle East and North Africa region, 34% by funds in Asia, and 17% by funds in Europe. #TWF #IndustrialFigures #SovereignWealthFunds

FNB Wealth and Investments says demand for South African exchange-traded funds is growing, albeit from a lower base than global peers. The unit, headed by Bheki Mkhize, was at the coalface of investors’ money pivoting out of local stocks into #offshore destinations and local cash and fixed income in the first six months of 2024, writes Jaco Visser. Among #FNB's wealthier customers, ‘a lot of money is going offshore’. At the same time, there is demand for #ETFs. #offshoreinvestment #FinanceNews #InvestmentInsights https://lnkd.in/dG_dV7aV

Celebrating 17 Years of Success with Sanlam Alternative Income Fund (SAIF)! As SAIF enters the latter half of its teenage years, we're excited to reflect on its journey and achievements. At 17, SAIF has grown into a diligent and accomplished teenager, and received a well-deserved fund rating upgrade from AA- to AA. Moving in the right circles, SAIF stands proudly in the top 10 funds in terms of Assets Under Management (AUM) under the Sanlam Manco according to the latest ASISA stats and is the 2nd largest in the South Africa – Multi Asset - Income category. SAIF knows exactly what defines its core identity. As the largest after-tax focused cash fund in South Africa with the longest track record, it continuously challenges conventional thinking on discretionary cash management. Through its journey, SAIF has maintained its targeted constant unit price of R1.00, with no capital loss events throughout its existence. This steadfast reliability showcases SAIF's commitment to keeping investor cash safe and readily available for its intended longer-term purposes. As SAIF stands on the brink of adulthood, its future looks bright. With its impeccable track record, strong core values, and unwavering dedication, there’s no doubt that SAIF will continue to achieve great things. SAIF is a teenager who has not just survived but thrived, ready to take on the world and make a lasting impact. #GCRUpgrades #SAIF #InvestmentSuccess #FinancialGrowth #TaxEfficient #TopFunds #ReliableReturns

NCB Capital Markets is breathing new life into Trinidad’s SME market after a five-year hiatus! Learn about NCBCM’s strategic efforts to boost access to capital for regional businesses while providing seamless access to wealth building opportunities for investors across the region. Read the full article by visiting https://lnkd.in/ePTbmSBx #SMERevival #EconomicGrowth #NCBCM