The PAC Asset Management Limited (PACAM) Equity Fund has been recognised as one of the Best Performing Mutual Funds in 2020 by Nairalytics, the research arm of Nairametrics that tracks, collates, maintains, and manages a rich database of macro-economic and micro-economic data from Nigeria and Africa. The category for Best Performing Mutual Funds in 2020 was awarded to ten mutual funds manager with PACAM Equity Funds delivering a return of 55.5 per cent for the period, earning a place as one of the top three performers for the year. The PACAM Equity Fund is a pure equity fund that invests funds predominantly in a portfolio of Nigerian companies, using a rigorous research-based system.