Returns
Since its inception, NIDF has delivered total returns of 188.1 % as at 31 December 2023 (assuming reinvestment of distributions). Initial investors have already received N102.58 back for every 100 Naira invested.
Summary of historical financials
NIDF has a track record of consistent financial performance.
Corporate Governance
NIDF operates within tightly defined conventions stated within the investment policy. To ensure the smooth running of the investment vehicle, NIDF has:
- Joint Trustees controlling the operation of the vehicle
- An Advisory Board supervising the operations
- A Custodian to hold the investments and cash
- An Auditor to report on the financial performance
- A Valuation Adviser to report on the valuation
- An ESG Adviser to report on the Fund’s Impact
- A Fund Manager, Chapel Hill Denham Management, to determine which investments to make and to manage those investments.
