Anchoria Mutual Funds Prices

October 20th, 2022:    |Anchoria Equity Fund: BID/ OFFER: 135.4311/136.9189|    Anchoria Fixed Income Fund: BID/ OFFER: 1.1596/ 1.1596|    Anchoria Money Market Fund: BID/ OFFER: 100/ 100 (7.2700% Yield)

Cynthia Okolo

September Inflation Report

According to the National Bureau of Statistics (NBS), headline inflation in Nigeria came in at 20.77% YoY in September, 0.25% points higher than 20.52% YoY recorded in August. This marks the ninth consecutive increase since the start of the year.Click the link below to read the full report.

September 2022 Post MPC Note – The AAM Report

In arriving at its decision, the Committee weighed various economic developments, including the weakening global output due to supply chain disruptions worsened by the Russia-Ukraine war. This, along with COVID-19 lockdown in China, persisting global inflationary pressures, tightening financial conditions owing to broad-based aggressive policy, capital flow reversals in emerging markets and its consequent upward …

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August Inflation Report

Nigeria’s headline inflation hit 20.52% YoY in August; 0.88% points higher than 19.64% in July. On a month-on-month basis, however, inflation moderated to 1.77%, against 1.82% in July. Click the link below to read the full report.

Mutual Funds Performance Report – July 2022

The Anchoria Money Market fund returned 5.84% and 5.92% in June and July, higher than the respective benchmark returns of 2.80% and 2.12%. This performance was driven by higher yielding investment alongside some re balancing techniques.Demand remained healthy at the primary market auctions, however, the pace of over subscriptions slowed, as we saw the CBN …

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