Afrinvest Limited

The Nigeria International
Debt Fund

This fund invest in FGN Bonds, Corporate Bonds, and selected Money market instruments. NIDF is best advised for investors with low to medium risk appetite as well as relative patient capital.
Date
20-JAN-26
Bid(₦)
393.40
Offer(₦)
393.40
YTD
0.41%
Benchmark
-0.01%
RISK LEVEL
MEDUIM
About this fund
The NIDF is a mutual fund which aims to preserve unitholders’ capital, generate impressive income and maximize return by investing in Naira denominated fixed income securities, including FGN Bonds, Corporate Bonds and selected Money market instruments. NIDF is best advised for investors with low to medium risk appetite as well as relative patient capital. The Fund is approved by the Securities & Exchange Commission, and your funds are safeguarded by a Custodian Bank.
Key information
Min. Investment
500 units
Lock-in period
182 days
Category of fund
Fixed Income
Inception date
1997
Net Asset Value
₦1.6bn
Asset Allocation
Bonds (70-90%), Money Market Instruments (0.5%-30%), Cash (0-5%)
Fund Manager
Afrinvest Asset Management Limited
Custodian
FCMB Nominees
trustee
United Capital Trustees
registrar
Coronation Registrars
Fund Return
Year
Performance
Benchmark
2021
-15.0%
-15.0%
2022
8.7%
7.7%
2023
13.5%
8.9%
2024
11.7%
4.1%
2025
13.9%
29.4%
Expense information
Year
NAV
total Expenses
Expense Ratio
2020
2,144,955,000.00
24,322,000.00
1.13%
2021
1,369,591,000.00
23,466,000.00
1.71%
2022
1,465,686,000.00
23,211,000.00
1.58%
2023
1,173,290,000.00
23,815,000.00
2.03%
2024
1,321,542,000.00
 24,010,000.00 
1.82%
Fund objective
The Fund's investment objective is to maximise returns. The Fund will therefore be invested in a variety of domestic (Federal and State Government Bonds) and international Government bonds.
Download Fund Fact sheet
Download NIDF Prospectus
Download Trust Deed

Everything you
need to know

The NIDF is a mutual fund designed to preserve capital, generate impressive income, and maximize returns by investing in Naira-denominated fixed income securities like FGN Bonds, Corporate Bonds, and selected Money Market instruments.

The NIDF is ideal for investors with a low to medium risk appetite who are looking for stable returns with relatively patient capital. It's a great option for those seeking to preserve their principal while earning income.

The NIDF is domiciled with a custodian, ensuring that your investment is secure. The fund involves minimal risk to your principal, with a focus on stable, income-generating assets.

The NIDF offers liquidity with withdrawal requests processed and funded within five working days. This makes it easier for you to access your funds when needed.

Invest in NIDF

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Lagos
27 Gerrad Road,
Ikoyi, Lagos State
Tel: +234 201 631 2940
Abuja
Oakland Centre
No 48, Aguiyi Ironsi Street
Maitama, Abuja FCT
Tel: +234 201 631 2954
Kano
No 7 Bompai Road,
Nasarawa, Kano.
Tel: +234 201 631 2947
Onitsha
109 Upper New Market Road,
Trinity Plaza DMGS
Roundabout, Onitsha,
Anambra State
+234 201 631 2969
Port harcourt
Plot F/4A Sani Abacha Road,
Opposite Bougainvillea Hotel,
GRA Phase 3, Port Harcourt,
Rivers state
Tel: +234 201 631 2952
Enugu
11 Club Road, GRA, (by Coal City Garden Estate Gate), Enugu
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