Tue. Apr 21st, 2026

The Frontier Fund to Pay Unitholders N18/Unit as Earnings Boom

SCM Capital Asset Mgt Limited’s Fund (the Frontier Fund), an open-ended unit trust scheme that offers investors the opportunity and flexibility to pool resources and optimize returns through the earning power of volume investing, has announced a plan to pay unitholders N18 per unit.

The payout action followed a 152% year-on-year surge in operating profit, which rose to N148.609 million for the year ended June 2025 from N59.057 million in the equivalent period in 2024.

In an official disclosure, the fund manager told the Nigerian Exchange its plan to pay N18.00 per unit to unitholders listed in the Register of Members as of February 27, 2026.

The unit trusts announced that the Register of unitholders will be closed on March 2, 2026, and the market will be on February 27, 2026, as the qualification date.

Frontier Fund disclosed that distribution will be paid electronically on March 6, 2026, to unitholders who have completed e-dividend registration and mandated the Registrar for direct bank payment.

In 2025, the Frontier Fund recorded a remarkable 99.68% total income growth of ₦158.93 million in the financial year ending June 2025, as against the comparative period income of ₦79.73 million in June 2024, reflecting a combination of strategic asset allocation, favorable market conditions, and high-yield investment instruments.

The performance was bolstered by a 179.91% surge in interest income, which printed ₦ 66.25 million, driven by yield from short-term securities and placements.

SCM commented that positioning in fundamentally sound stocks generated ₦24.54 million in dividend income, translating into a 158.81% increase from ₦9.48 million in 2024, while trading income grew by 46.73% to ₦68.15 million in June 2025.

The frontier fund’s net operating profit rose 151.64% to settle at ₦148.601 million at the end of the financial year. This was achieved through strategic cost management, continuous monitoring, and portfolio rebalancing.

The Fund Manager said the operating profit margin rose to 93.50%, up 1942bps from 74.08% in the preceding year. “As we continue to navigate the business environment, our projection favors moderating macroeconomic headwinds that will support growth.

“We expect a consolidation of the gains of the government reforms, improving the business environment, and favorable global development.

“The Fund Manager expects to drive earnings growth through the combination of strategic asset allocation and cost reengineering, taking advantage of the positive developments in the economy”, management said in its financials. Stanbic IBTC ETF30 Spectacular Rally, Reality Check, and Valuation
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