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Michael Olafusi

Exchange Traded Funds (ETFs) on The Nigerian Stock Exchange

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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

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Hi Mike. I recently joined your forum. Thanks for all the useful information, especially how to buy foreign stocks and mutual funds through an on-line broker. Its a huge breakthrough for me ! 

How can I buy the New Gold ETF in Nigeria ?

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Hi Methodman,

You are welcome!

To buy the New Gold ETF, you will need to have a stock trading/brokerage account and make a purchase order through that account.

Below is a screenshot of what the process looks like from both my Meristerm stock brokerage account and ARM stock brokerage account.

 

meristem new gold.png

arm new gold.png

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