Now Available on InvestNaija
Chapel Hill Denham is pleased to introduce the Paramount Fund (Equity), a newly unified fund created from the merger of its Paramount Equity Fund (PEF) and Women’s Balanced Fund (WBF). This consolidation combines the strengths of both funds to offer investors a more efficient, diversified, and better-performing investment vehicle.
The Paramount Fund (Equity) is built on a solid foundation of some of Nigeria’s most valuable companies. Its 18 current constituent stocks offer access to Nigeria’s leading listed companies, providing exposure to high-value sectors that drive economic growth. The fund is one of the most liquid and accessible funds available to investors.
The constituents of the Paramount index, which the fund tracks, represent a combined market capitalisation of N47.3 trillion with a free float of N16.5 trillion. This represents 90% of the value of Nigeria’s NGX30 equity market free float[1], and accounts for 80% of total NGX liquidity in 2024. The constituents have an aggregate annual revenue of N42 trillion and annual profits after tax (PAT) of N5 trillion. Consequently, the fund is a compelling choice for investors seeking stability and growth in their portfolios.
Furthermore, over the past five years, the Paramount Fund (Equity) has delivered exceptional performance, consistently outperforming the NGX 30 benchmark and Consumer Price Index (CPI). The fund achieved a 5-year return of 222.89%, outperforming the CPI by 45% whereas the NGX30 only outperformed the CPI by 21%. Recent performance remains strong, with the fund delivering a month-to-date return of 3.36%, surpassing the NGX 30 at 2.53% and CPI at 2.64%.
The Paramount Fund (Equity) is now available on InvestNaija by Chapel Hill Denham. The platform provides a seamless and secure way for investors to manage their investments in mutual funds, stocks, and other financial products. Investors seeking access to a high-performing, diversified fund that provides steady, inflation-beating returns, can download the app from the Google Play Store or Apple iOS Store, or access it via the web and invest in the Paramount Fund (Equity).
For more information about the Paramount Fund (Equity), contact us via email at info@chapelhilldenham.com or call 0700 CHAPEL HILL (0700 242 735 4455).
[1] The total value of shares that investors can actively trade.