FTSE Nigeria IPF Index

The FTSE Nigeria IPF Index captures Nigerian listed companies using an index methodology that has been designed to reflect PenCom Regulation on Investment of Pension Fund Assets, so the benchmark places an emphasis on governance and best practice. Constituents are comprised of FTSE Frontier Index Series companies listed on the Nigerian Stock Exchange, which are then screened for taxable profits, dividend, free float, sector and individual stock weighting.

Index rules should be read in conjunction with supportingFTSE Russell noticesThese notices advise of advance changes in index methodology, which may not be reflected in index rules until the change effective date. The notices may also communicate revisions in index treatment in the period up to a rule change.