Large Cap Portfolio

Since the collapse of the Nigerian Capital Market in 2008, value investing had come to the front burner of investing in Nigeria. Although much is still to be desire but having a portfolio  of stocks that perfectly mirror the performance of the index would readily gives one an idea of return to expect.

It is in that regard i suggest the following list of stocks in line with Ben Graham value investing.:

• Dangote Cement           30.00%
• Nigerian Breweries       26.96%
• GT Bank                       16.85%
• Nestle                            14.27%
• Zenith Bank                  11.92%

 It should also noted that this portfolio returned -2.62% between 19th January 2017 and 2nd February, 2017. Although the Index returned -1.01% within the same period but this are still early days.

The EPS of the Listed stocks as at 9 months 2016 are as follow:

• Dangote Cement                             813K
• Nigerian Breweries                           13K
• GT Bank                                         407K
• Nestle                                                61K
• Zenith Bank                                    318K

The above listed stocks have strong fundamentals although Nestle and NB have a temporary set back in 2016 due to foreign currency exposures due to loans and raw materials. With the many strategies but in place by the two companies they are expected to turn out well in 2017.

NB: The above are my opinions and before your make your investment decision do contact your investment adviser or stock broker.