Coronation Asset Management has introduced a new equity fund aimed at helping investors benefit from the ongoing rise in Nigerian stocks. The company announced the launch of the Coronation Equity Fund, an open ended investment scheme created to give investors easier and more structured access to opportunities in the Nigerian stock market. The move comes as trading activities and investor confidence continue to improve on the Nigerian Exchange.
According to the firm, the Nigerian stock market recorded strong growth in 2025, with the NGX All Share Index delivering a return of 51.19 per cent and reaching record highs. The company linked the growth to improved corporate earnings, economic reforms and increasing confidence among investors. Coronation Asset Management explained that the new fund is targeted at investors who want long term exposure to Nigerian equities through professional portfolio management.
Speaking on the launch, Managing Director of Coronation Asset Management, Aigbovbioise Aig Imoukhuede, said: “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 company stated that at least 70 per cent of the fund’s assets will be invested in listed Nigerian stocks. It added that part of the portfolio may also be placed in fixed income and money market instruments to support liquidity management and reduce risks. Coronation further explained that investment decisions under the fund would follow a bottom up stock selection strategy. This means the company will evaluate businesses based on their individual financial strength and long term potential rather than relying only on sector performance or market trends.
The minimum investment amount for the fund was fixed at N50,000, while additional subscriptions can be made in multiples of N5,000. Investors are also expected to maintain a minimum holding period of 180 days before withdrawing funds. The firm disclosed that interested investors can subscribe through the Coronation Wealth App, the Coronation Wealth Hub or by completing physical forms at its Lagos office.
The fund will be managed within the regulatory framework of Nigeria’s Securities and Exchange Commission. Access Bank Plc will serve as custodian of the fund, while Paxhill Minerva Limited will act as trustee. The launch of the Coronation Equity Fund highlights the growing confidence among investment firms in Nigeria’s capital market as more investors seek opportunities to grow wealth through equities and professionally managed funds.
