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FBN Bond Fund returns 104.20% in five years

The Fund Manager continues to deliver commendable results, which is demonstrated by strong performance across its funds, data released by the FBNQuest Asset Management has shown.

The FBN Bond Fund was the best performing of the mutual funds, returning 104.20 per cent over the five-year period. Its US Dollar fund, the FBN Eurobond Fund, returned 48.43 per cent over the same period.

Also, the FBN Smart Beta Equity Fund outperformed its benchmark by 38.22 per cent in the five-year period.

FBNQuest Asset Management, a subsidiary of FBN Holdings, made the disclosures at the annual general meetings for five mutual funds managed by the firm. The funds are the FBN Balanced Fund, FBN Smart Beta Equity Fund, FBN Eurobond Fund, FBN Bond Fund and the FBN Money Market Fund.FBNQuest Asset Management’s mutual funds provide investment opportunities for investors with low, moderate or high-risk tolerance.

The Managing Director of FBNQuest Asset Management, Ike Onyia, stated: “Our strong performance track record is premised on the research capabilities, insights and experience of our portfolio management and research teams. Our mutual funds serve as useful investment options useful in formulating unique and value-adding investment strategies for various client segments. This is because our range of mutual funds cut across various asset classes including equities, bonds and money markets.”

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