OVERVIEW
AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments and both Quoted and Unquoted equities.
INVESTMENT OBJECTIVE
The investment objective of the Fund is to create medium to long term capital growth as well as yearly income streams from declared dividends for unit holders. The fund also provides investors with the opportunity diversify their investments into products that would hitherto have been more difficult to invest in.
FUND PERFORMANCE
The AIICO balanced fund closed the month of February ’26 with a YTD return of 11.77%
Nigerian equities’ bullish momentum strengthened, with the NGX ASI surging 16.6% on portfolio rebalancing, strong earnings, and dividend expectations. Oil & Gas and Industrial Goods led the rally, while market activity improved significantly.
In the Treasury Bills market, strong liquidity and expectations of monetary easing supported robust demand, particularly for longer-tenor bills. Average NTB yields declined 95bps to 17.39% following improved sentiment and the MPC’s 50bps rate cut. FGN Bonds recorded a strong performance as easing rate expectations and lower-than-expected inflation supported buying interest. Benchmark yields fell by 100bps to 15.42% despite some late-month profit-taking.
