Listing Date | 21st Oct 2015 |
Domicile | Nigeria |
Currency | NGN |
Ticker | VETBANK |
ISIN | NGVETBANK009 |
Bloomberg | |
Reuters RIC | N/A |
Distribution | Semi-annually |
TER |
Vetiva Banking ETF
The Vetiva Banking ETF “VETBANK ETF” is an open-ended Exchange Traded Fund
managed by Vetiva Fund Managers Limited. The VETBANK ETF is designed to
track the performance of the constituent companies of the NGX BANKING
Index and to replicate the price and yield performance of the Index.
The NGX BANKING Index comprises of the top 10 banks listed on the
Nigerian Exchange Limited (“NGX”) in terms of market capitalization
and liquidity and is a price index weighted by adjusted market capitalization.
Price Information [ ]
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Closing Price (NGN) |
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NGX BANKING Index Value | NGX ASI Index Value | ||||
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Fund Information
The NGX Banking Index |
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31-Dec |
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Vetiva Fund Managers Limited |
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Vetiva Capital Management Limited |
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UBA Global Investor Services |
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Constituents of the NGX Banking Index |
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The Fund's strategy is to replicate, as far as practicable, the price and yield performance of the NGX Banking Index,
by holding a portfolio of securities on behalf of unit holders that substantially represents all of the component
securities of the NGX Banking Index in substantially the same weighting as the NGX Banking Index.
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Asset Information
Portfolio Delivery Constituents
ACCESSCORP
ETI
FBNH
FCMB
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FIDELITYBK
GTCO
STANBIC
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STERLINGBANK
UBA
ZENITHBANK
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Disclaimer
Kindly note that the information herein may quickly change and become unreliable for various reasons,
including but not limited to changes in market conditions (since investments in equities entail exposure
to certain risks, including market risks). Also, kindly note that the above Portfolio constituents are subject
to changes in the NGX Banking Index. We strongly advise that you consider, independently, the suitability of the
recommendation with your personal profile and objectives. Carefully consider the funds' investment objectives, risk,
and charges and expenses. This and other information can be found in the funds' prospectus. You are advised to read
and understand the contents of this prospectus. If you are in doubt about its contents or the action to take, please
consult your stockbroker, solicitor, banker or an independent investment adviser for guidance.
This information is not an offer to sell or a solicitation of an offer to buy shares of any Fund to any person in any jurisdiction
in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
The Nigerian Exchange Limited, its affiliates and any global index partner of NGX notified to Vetiva with
rights to license the Index to third parties are not affiliated with Vetiva Fund Managers Limited or its
affiliates (collectively, "Vetiva") and do not approve, endorse, review or recommend Vetiva or the Vetiva Banking ETF.
The Nigerian Exchange Limited and its affiliates make no warranty, express or implied, as to results to be obtained
by any person or entity from the use of the Vetiva Banking ETF, NGX Banking Index, or any data or values included
therein or in connection therewith, and expressly disclaim all warranties of merchantability or fitness for a particular
purpose with respect thereto.
The Nigerian Exchange Limited and its affiliates and their respective partners, employees, subcontractors, agents, suppliers,
and vendors shall have no liability or responsibility, contingent or otherwise, for any injury or damages, whether caused
by any such party's negligence or otherwise, arising in connection with the Vetiva Banking ETF, the NGX Banking Index or
any data or values included therein or in connection therewith and shall not be liable for any lost profits, losses, punitive,
incidental or consequential damages.