One year after the publication of its report ‘Comparing Mutual Funds - Apples & Oranges’, Coronation Asset Management returns to the subject of comparing the performance of Nigeria’s mutual funds with its latest report titled ‘Comparing Mutual Funds II – Apples & Oranges, and a Hand Grenade’. 

The report is a key investigation into the rapidly-growing N1.52 trillion mutual fund industry in Nigeria. This year, it takes a deep dive into the differences between the amortised accounting method, which most funds in Nigeria use, and the international mark-to-market accounting method, as applied to Fixed Income funds.