ETF · Vetiva Fund Managers

VETBANK · Vetiva Banking ETF

Daily close

₦26.50

Close · Thu 12 Nov 2026 · NGX official close · 3:41pm WAT

Key statistics

Tracks

NGX Banking Index

Manager

Vetiva Fund Managers

52-week high

₦17.60

52-week low

₦8.90

YTD return

+84.21%

9-month return

52-week range and return figures last verified August 2025.

About this fund

One-ticket exposure to Nigeria's banking sector, tracking the NGX Banking Index.

ETF prices on the NGX can trade at wide premiums or discounts to the value of what the fund holds. Check the fund manager's published net asset value before buying. The last traded price is not the whole story.

Tracks the NGX Banking Index: the big banks and nothing else. A concentrated bet. When banks rally it flies; when the sector slumps there is nowhere to hide.

Key facts

Category: Sector tracker
Tracks: NGX Banking Index
Manager: Vetiva Fund Managers
Exchange: Nigerian Exchange (NGX)
Currency: Naira (₦)

Costs to know

Three layers. First, the fund's own management fee, taken quietly out of the NAV. The exact figure is on the manager's factsheet, and it differs by fund. Second, your broker's commission each time you buy or sell, set by the NGX fee schedule. Third, the premium or discount to NAV at the moment you trade: overpaying here is the cost most beginners never notice.

Risks in plain English

Concentration risk: a single sector with no diversification beyond it. Sectors can underperform the broad market for a very long time.

How to buy VETBANK

Open an account with an NGX-licensed stockbroker and place a buy order for VETBANK, exactly like an ordinary share. First time buying? This walkthrough covers each step.

Frequently asked questions

What does VETBANK track?

Vetiva Banking ETF (VETBANK) tracks NGX Banking Index. It is managed by Vetiva Fund Managers.

What is the current VETBANK price?

The last close was ₦28.49 on 16 OCT 2026 (NGX ETF data). Prices move every trading day. Confirm the live quote with your broker before trading.

Is VETBANK a good investment?

Nairaview provides market data, not investment advice. Consider the fund's tracking, costs, and your goals, and speak to a licensed adviser before deciding.

What will it cost me to own VETBANK?

Three layers: the fund's management fee (inside the NAV; check the manager's factsheet for the figure), your broker's commission on every buy and sell, and any premium or discount to NAV when you trade. The full breakdown is in Costs to know above.