External broker reports(aggregated public sources), CardinalStone

CardinalStone

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing.

Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Thematic (Sector/Industry)

Nigeria Financials / Thematic (Sector/Industry)

<ul><li>Last week, the domestic bourse recovered marginally as it advanced by 0.09%, while the MEP gained 0.37%, outperforming the market by 28bps.</li><li>On a year-to-date basis, the MEP has returned 32.79%, while the NGX-ASI has returned 30.54%.</li><li>The MEP's outperformance was primarily driven by the strong overweight position in SEPLAT, which added 57bps to the portfolio's performance, along with the overweight position in FIDELITYBK, which contributed 14bps. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Last week, the domestic bourse recovered marginally as it advanced by 0.09%, while the MEP gained 0.37%, outperforming the market by 28bps.On a year-to-date basis, the MEP has returned 32.79%, while the NGX-ASI has returned 30.54%.The MEP's outperformance was primarily driven by the strong overweight position in SEPLAT, which added 57bps to the portfolio's performance, along with the overweight position in FIDELITYBK, which contributed 14bps. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CardinalStone Research - Model Equity Portfolio - 14th October 2024