Fund I
What Is It?
This Fund is only open to persons aged 49 and below and must be requested for by the Contributor. It has the highest exposure to variable income instruments. Active contributors above the age of 50 and Retirees are not eligible to access this Fund.
How We Invest it
- Equities
- Infrastructure Funds
- Uninvested Cash
- Total FGN Securities
- Money Market
- Equities
- Infrastructure Funds
- Uninvested Cash
- Total FGN Securities
- Money Market
Fund I Structure
| Asset Classes(%) | 2023-09-13 | 2023-09-12 | 2023-09-11 | 2023-09-10 | 2023-09-09 | 2023-09-08 | 2023-09-07 |
| Equities | 3.78% | 3.45% | 3.59% | 3.90% | 3.90% | 3.90% | 3.90% |
| Infrastructure Funds | 4.67% | 4.69% | 4.68% | 4.67% | 4.67% | 4.67% | 4.68% |
| Total FGN Securities | 56.53% | 56.73% | 56.96% | 56.77% | 56.77% | 56.78% | 56.86% |
| Money Market | 6.95% | 5.59% | 5.58% | 5.56% | 5.56% | 5.56% | 5.56% |
| Uninvested Cash | 3.02% | 4.40% | 4.08% | 4.07% | 4.07% | 4.07% | 3.95% |
| TOTAL | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Fund II
What Is It?
Fund II is open to active contributors who were aged 49 as at their last birthday and below. This Fund has a moderate exposer to variable income instruments.
How We Invest it
- Equities
- Infrastructure Funds
- Uninvested Cash
- Total FGN Securities
- Money Market
- Corporate Bond
- Infrastructure Bond
- Equities
- Infrastructure Funds
- Uninvested Cash
- Total FGN Securities
- Money Market
- Corporate Bond
- Infrastructure Bond
Fund II Structure
| Asset Classes(%) | 2023-09-13 | 2023-09-12 | 2023-09-11 | 2023-09-10 | 2023-09-09 | 2023-09-08 | 2023-09-07 |
| Equities | 1.16% | 1.17% | 1.21% | 1.92% | 1.92% | 1.92% | 2.21% |
| Infrastructure Funds | 5.07% | 5.07% | 5.06% | 5.06% | 5.06% | 5.06% | 5.07% |
| Total FGN Securities | 71.05% | 70.47% | 70.52% | 70.46% | 70.46% | 70.45% | 70.56% |
| Corporate Bond | 15.70% | 15.71% | 15.67% | 15.66% | 15.66% | 15.66% | 15.66% |
| Infrastructure Bond | 2.01% | 2.01% | 2.01% | 2.00% | 2.00% | 2.00% | 2.00% |
| Money Market | 2.73% | 2.08% | 2.07% | 2.63% | 2.63% | 2.63% | 2.63% |
| Uninvested Cash | 1.25% | 2.44% | 2.41% | 1.22% | 1.22% | 1.22% | 0.80% |
| TOTAL | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Fund III
What Is It?
Fund III is the default fund for active contributors aged 50 years and above. Compared to Funds I & II, Fund III has a considerably lower exposer to variable income instruments.
How We Invest it
- Equities
- Total FGN Securities
- Uninvested Cash
- Money Market
- Infrastructure Bond
- Corporate Bond
- Equities
- Total FGN Securities
- Uninvested Cash
- Money Market
- Infrastructure Funds
- Corporate Bond
Fund III Structure
| Asset Classes(%) | 2023-09-13 | 2023-09-12 | 2023-09-11 | 2023-09-10 | 2023-09-09 | 2023-09-08 | 2023-09-07 |
| Equities | 2.60% | 2.51% | 2.64% | 2.81% | 2.81% | 2.82% | 3.14% |
| Total FGN Securities | 80.74% | 79.98% | 79.93% | 79.81% | 79.81% | 79.80% | 79.76% |
| Corporate Bond | 9.43% | 9.43% | 9.39% | 9.37% | 9.37% | 9.37% | 9.36% |
| Infrastructure Bond | 1.53% | 1.53% | 1.52% | 1.52% | 1.52% | 1.52% | 1.52% |
| Money Market | 4.77% | 4.73% | 4.71% | 5.19% | 5.19% | 5.19% | 5.18% |
| Uninvested Cash | 0.42% | 1.31% | 1.28% | 0.76% | 0.76% | 0.76% | 0.49% |
| TOTAL | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Fund IV
What Is It?
Fund IV is strictly for Retirees. It has the lowest exposer to variable income instruments and the highest exposure to fixed income instruments.
How We Invest it
- Equities
- Total FGN Securities
- Uninvested Cash
- Money Market
- Corporate Bond
- Equities
- Total FGN Securities
- Uninvested Cash
- Money Market
- Corporate Bond
Fund IV Structure
| Asset Classes(%) | 2023-09-13 | 2023-09-12 | 2023-09-11 | 2023-09-10 | 2023-09-09 | 2023-09-08 | 2023-09-07 |
| Equities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total FGN Securities | 76.58% | 74.09% | 73.64% | 73.64% | 73.64% | 73.63% | 73.78% |
| Corporate Bond | 8.60% | 8.70% | 8.64% | 8.64% | 8.64% | 8.64% | 8.65% |
| Money Market | 9.85% | 8.21% | 8.15% | 9.73% | 9.72% | 9.72% | 9.73% |
| Uninvested Cash | 2.54% | 6.55% | 7.12% | 5.55% | 5.55% | 5.56% | 5.38% |
| TOTAL | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Fund V
What Is It?
Fund V is for self-employed persons operating in the informal sector. Contributions are flexible and may be paid daily, weekly, monthly or as may be convenient for you.
How We Invest it
- Uninvested Cash
- Total FGN Securities
- Money Market
- Uninvested Cash
- Total FGN Securities
- Money Market
Fund V Structure
| Asset Classes(%) | 2023-09-13 | 2023-09-12 | 2023-09-11 | 2023-09-10 | 2023-09-09 | 2023-09-08 | 2023-09-07 |
| Total FGN Securities | 48.92% | 48.91% | 49.13% | 49.12% | 49.12% | 49.11% | 49.10% |
| Money Market | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Uninvested Cash | 51.66% | 51.67% | 51.45% | 51.46% | 51.46% | 51.47% | 51.47% |
| TOTAL | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Fund VI
What Is It?
Fund VI is for contributors who desire their pension contributions to be invested in Sharia compliant Capital Market and non-interest bearing.
How We Invest it
- Uninvested Cash
- Total FGN Securities
- Uninvested Cash
- Total FGN Securities
Fund VI Structure
| Asset Classes(%) | 2023-09-13 | 2023-09-12 | 2023-09-11 | 2023-09-10 | 2023-09-09 | 2023-09-08 | 2023-09-07 |
| Total FGN Securities | 45.85% | 45.85% | 45.92% | 45.90% | 45.89% | 45.88% | 45.90% |
| Uninvested Cash | 3.02% | 54.34% | 54.27% | 54.27% | 54.28% | 54.29% | 54.27% |
| TOTAL | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
