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Frontier, Paramount Fund lead equity funds performance in 2019

…as funds lose N1.25bn in 1 year

BusinessDay analysis of the performance of 10 equity funds in Nigeria between January 4 and December 27, 2019 shows Frontier Fund topping the gainers chart with an 11.05 percent increase in its unit price, according to data by the Securities and Exchange Commission (SEC). Managed by SCM Capital Limited, Frontier Fund was the only asset…

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