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Fund Prices for 21-Nov-2008 To 23-Nov-2008: CGF Offer Rate : =N=1556.49 CGF Bid Rate : =N=1525.5 CIF Offer Rate : =N=1090.45 CIF Bid Rate : =N=1085.31 CEF Offer Rate : =N=686.27 CEF Bid Rate : =N=656.46
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The FSDH Group is a financial services supermarket that delivers expert financial services in the Nigerian Financial markets, to its select clientele (corporate and individual), thereby assisting them in creating long term sustainable wealth.

The FSDH group consists of four companies all engaged in the provision of investment management services in different segments of the Nigerian financial markets. The group started with First Securities Discount House Limited (FSDH) in 1993 as the first discount house in the country.

FSDH's activities were later expanded to include capital market services through Counters Trust Securities Limited (CTSL) in 1995. CTSL was later acquired as a full fledged subsidiary in 2004 and in 2007 the name was changed to FSDH Securities Limited.

FSDH recognized the need to provide asset management services mainly to institutional investors and established a department within the company to handle this activity in 2000.  This department was eventually spun-off as a separate wholly owned subsidiary – FSDH Asset Management Ltd (FAML) in 2003.

With the introduction of the Pension Reform Act and in line with the guidelines of the Pension Commission (PENCOM), a new subsidiary, Pensions Alliance Limited (PAL), was set up. PAL has since taken over most of the pension fund portfolios previously held by FAML.

The members of The FSDH Group share a common Vision, Mission and Values. As a result, the FSDH Group is able to offer a broad array of money market and capital market products and services to Blue-Chip Companies, Pension Funds, Trust Funds, Institutional Investors and Private Clients under one roof.

The FSDH Group provides unrivalled access to investment opportunities in the Nigerian money and capital markets.

The activities of the group are summarized below:

First Securities Discount House Limited (FSDH) Money Market Securities Trading, Funds Management and trading in Fixed Income Securities .

FSDH Asset Management Limited (FAML)Asset Management, Unit Trusts

FSDH Securities Limited (FSDH SEC)Equities Trading, Corporate Finance

Pensions Alliance LimitedPension Funds Managemnent and Administration

 
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