As of November 2023, the FBN Money Market Fund had the highest rate of return after one year; the FBN Balanced Fund followed in second, with just one percentage point difference. The one-year return is calculated by dividing the year-end gain or loss by the initial investment. This is different from the year-to-date (YTD) return. The YTD return is calculated by subtracting the fund's current portfolio value from the portfolio value given at the beginning of the year. This number (the YTD return) is then divided by the portfolio value from the beginning of the year.
Leading funds issued by FBN Quest Asset Management in Nigeria as of November 2023, by rate of return
Year to date return: the rate of return since the first trading day of the year.
One year return: Rate of return within the last 365 days.
Five year return: rate of return within the last five years.
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Moneycontrol. (November 21, 2023). Leading funds issued by FBN Quest Asset Management in Nigeria as of November 2023, by rate of return [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1424718/leading-funds-issued-by-fbn-quest-asset-management-in-nigeria-as-of-by-return/
Moneycontrol. "Leading funds issued by FBN Quest Asset Management in Nigeria as of November 2023, by rate of return." Chart. November 21, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1424718/leading-funds-issued-by-fbn-quest-asset-management-in-nigeria-as-of-by-return/
Moneycontrol. (2023). Leading funds issued by FBN Quest Asset Management in Nigeria as of November 2023, by rate of return. Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1424718/leading-funds-issued-by-fbn-quest-asset-management-in-nigeria-as-of-by-return/
Moneycontrol. "Leading Funds Issued by Fbn Quest Asset Management in Nigeria as of November 2023, by Rate of Return." Statista, Statista Inc., 21 Nov 2023, https://www.statista.com/statistics/1424718/leading-funds-issued-by-fbn-quest-asset-management-in-nigeria-as-of-by-return/
Moneycontrol, Leading funds issued by FBN Quest Asset Management in Nigeria as of November 2023, by rate of return Statista, https://www.statista.com/statistics/1424718/leading-funds-issued-by-fbn-quest-asset-management-in-nigeria-as-of-by-return/ (last visited November 05, 2024)
Leading funds issued by FBN Quest Asset Management in Nigeria as of November 2023, by rate of return [Graph], Moneycontrol, November 21, 2023. [Online]. Available: https://www.statista.com/statistics/1424718/leading-funds-issued-by-fbn-quest-asset-management-in-nigeria-as-of-by-return/
