The Nigerian Stock Exchange and Meristem Securities Limited are collaborating to launch two new style indices – the NSE-Meristem Growth Index and NSE-Meristem Value Index.
Additionally, the style indices were designed in response to demand for customized indices to support product development and investment management.
Broadly, the style indices will provide a benchmark for the market to gauge the performance of value stocks and growth stocks listed on the Exchange.
The new development will also offer investors an opportunity to make investments in products that truly match their investment styles and objectives.
The launch of the collaboration will be tomorrow, 12 March, 2019.
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