Coronation Asset Management launches equity fund to capitalize on the rally in Nigerian stocks

Nume Ekeghe

Coronation Asset Management has introduced the Coronation Equity Fund, an open‑ended collective investment scheme that provides investors with structured exposure to the long‑term growth potential of Nigeria’s equity market as activity on the Nigerian Exchange gains momentum.

In 2025, the NGX All‑Share Index posted a 51.19 per cent return, reaching record levels driven by stronger corporate earnings, macro‑economic reforms and renewed investor confidence. Investors who remained in the market realized those gains, while those who stayed on the sidelines experienced the cost of inaction.

The firm said the Coronation Equity Fund is intended for investors who want professionally managed access to long‑term opportunities in the Nigerian equities market—not merely for a single cycle but for sustained growth over time.

Commenting on the fund, Managing Director of Coronation Asset Management, Aigbovbioise Aig‑Imoukhuede, stated: “Nigeria continues to reward patient, disciplined investors. The Coronation Equity Fund exists for those who are building something that lasts, wealth that compounds over time, guided by rigorous research and active portfolio management. Our role is to help clients transform their financial aspirations into enduring legacies.”

The fund will allocate at least 70 per cent of its assets to listed Nigerian equities, while retaining the flexibility to hold fixed‑income and money‑market instruments for liquidity management. Investment decisions follow a bottom‑up stock‑selection approach, evaluating each holding on its own fundamentals rather than on sector or index weighting.

The minimum investment is N50,000, with additional subscriptions accepted in multiples of N5,000. Investors must hold the fund for a minimum of 180 days.

According to the company, investors may subscribe via the Coronation Wealth App, the Coronation Wealth Hub, or by completing a physical subscription form at the firm’s office in Lagos.

The fund is custodied by Access Bank Plc and held in trust by Paxhill Minerva Limited, under a regulatory framework overseen by the Securities and Exchange Commission.

The Coronation Equity Fund forms part of a wider range of managed funds and portfolio services offered by Coronation Asset Management, drawing on three decades of financial leadership within the Coronation Group. Its launch underscores the firm’s commitment to assisting investors in navigating markets with discipline, insight and a long‑term perspective.