Marble Capital Limited

January REPORT

The Marble Alpha, Beta, and Gamma portfolios invest in a variety of securities, including commodities, equities, and fixed income instruments, in order to balance risk with investors’ investing goals while reaping the benefits of diversification. In January, the Nigerian equities market had a strong start to the year, gaining 3.9% in January 2023. Accordingly, month to date return also printed at 3.9% largely driven by the upside in BUAFOODS (+14.6%), DANGCEM (+2.3%), and MTNN (4.7%).

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