Nigerian Mutual Funds/ARM Discovery Balanced Fund
Balanced FundsFigures updated 2026-07-03

ARM Discovery Balanced Fund

Managed by ARM Investment Managers LimitedVisit website ↗Compare this fund

A metric-led profile of this Nigerian mutual fund using the latest published fund figures.

Net asset value
NGN 15.66B
Overall rank#48 of 199
Balanced Funds rank#2 of 29
Week-to-date yield
-0.79%
Week-to-date
Year-to-date yield
30.62%
Year-to-date
Unitholders
23,572
Investor count
Fund share
0.17%
Share of total fund NAV
Performance trend

How ARM Discovery Balanced Fund has moved

2026-06-052026-07-03 · 5 data points

Net asset value
-3.73%
NGN 15.66B
Week-to-date yield
-9.54 pp
-0.79%
DateNAVWTD yieldYTD yield
2026-07-03NGN 15.66B-0.79%30.62%
2026-06-26NGN 16.00B-1.45%31.66%
2026-06-19NGN 16.27B0.48%33.6%
2026-06-11NGN 16.14B-77.46%77.1%
2026-06-05NGN 16.26B8.75%85.63%
Fund profile

What stands out about ARM Discovery Balanced Fund

The ARM Discovery Balanced Fund is one of the largest balanced funds (funds that mix stocks and bonds to spread risk) in Nigeria, holding a Net Asset Value (NAV) of ₦15.66B and ranking #2 of 29 in its category, as well as #53 of 222 across all fund types. Despite that strong size ranking, the fund's Year-to-Date (YTD) yield of 30.62% shows that it has delivered meaningful growth for investors so far this year. The most recent Week-to-Date (WTD) yield sits at -0.79%, a slight dip that is modestly worse than the median WTD yield of -0.43% recorded across all balanced funds this week, meaning most peer funds also slipped, but this one slipped a little more.

Looking at the fund's recent five-week history gives useful context. The NAV peaked at ₦16.27B on 2026-06-19 before easing to ₦15.66B by 2026-07-03, a gradual decline over the past few weeks. The week ending 2026-06-11 recorded an unusual WTD yield of -77.46%, which is a very sharp single-week drop and stands out sharply against every other week in this window. That kind of short-term swing can sometimes reflect a technical event such as a large redemption (when many investors withdraw at once) rather than a collapse in the fund's underlying investments, and the NAV recovered to ₦16.27B the very next week. The fund currently serves 23,572 unitholders, suggesting a broad and active investor base.

Key insight: Despite a brief but dramatic weekly swing in mid-June, the ARM Discovery Balanced Fund has held its position as the #2 largest balanced fund by NAV and delivered a 30.62% YTD yield, making its overall 2026 trajectory notably positive even as recent weeks show some short-term softness.

2nd largest of 29 in its typeMore unitholders than 97% of balanced funds

How it compares in its type

Week-to-date yield
-0.79%
Higher than 41% of balanced funds
This fundBalanced Funds median
Net asset value
₦15.66B
Larger than 93% of balanced funds
This fundBalanced Funds median
Unitholders
23,572
More than 97% of balanced funds
This fundBalanced Funds median
Bid-offer spread
₦41
Tighter than 7% of balanced funds

Positions are based on SEC figures from 2026-07-03 and change as the data updates.

Recent movement

  • Net asset value fell over the last 2 SEC updates (₦16.27B on 2026-06-19 to ₦15.66B on 2026-07-03).
  • Week-to-date yield has moved from 8.75% to -0.79%.
  • Added about 212 unitholders since 2026-06-05.

More from ARM Investment Managers Limited

Runs 11 funds tracked here, managing ₦764.64B in total.

Price Details

Bid price
NGN 1,378.82
Offer price
NGN 1,419.76
Spread
NGN 40.94
USD NAV
N/A
USD bid
N/A
USD offer
N/A

Key facts

Details sourced from the fund manager's website.

Management fee
1.5%
Minimum investment
₦10,000.00

About the manager

Matched to the SEC register of capital market operators.

ACTIVE
ARM Investment Managers Limited
CAC number
1198280
SEC file number
1724
Registered
2026-06-23
Fidelity bond expiry
2026-06-23
Phone
08023632678
Email
morenike.ominike@arm.com.ng
Registered address
1 Mekunwen Road , Off Oyinkan Abayomi Drive , Ikoyi , Lagos

How to invest in ARM Discovery Balanced Fund

You invest through the fund manager. Always confirm they are SEC-registered and check current terms first. This is not investment advice.

Frequently asked questions

Why does ARM Discovery Balanced Fund show a negative week-to-date yield but a strong year-to-date return?+

A week-to-date yield of -0.79% means the fund's unit price fell in the most recent reporting week. This does not erase the 30.62% year-to-date return — it reflects short-term price movement in balanced funds. The WTD figure from SEC data covers one reporting week only and is not a reliable indicator of longer-term direction.

What is the bid-offer spread for ARM Discovery Balanced Fund and how does it affect returns?+

ARM Discovery Balanced Fund has a bid price of NGN 1,378.82 and an offer price of NGN 1,419.76, a spread of NGN 40.94 (2.88%). You buy at the offer price and redeem at the bid price, so the spread is an entry cost that your returns need to overcome before you are in profit. A tighter spread is generally more favourable for investors.

What is the current yield of ARM Discovery Balanced Fund?+

As of the SEC update on 2026-07-03, ARM Discovery Balanced Fund reported a week-to-date yield of -0.79% and a year-to-date yield of 30.62%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.

What is the minimum investment for ARM Discovery Balanced Fund?+

ARM Investment Managers Limited lists a minimum investment of ₦10,000.00 for ARM Discovery Balanced Fund. Confirm the current figure directly with the manager before investing, as minimums can change.

What fees does ARM Discovery Balanced Fund charge?+

ARM Investment Managers Limited lists a management fee of 1.5% for ARM Discovery Balanced Fund. Fees reduce your net return, so comparing total costs across similar balanced funds is worthwhile before investing.

How do I invest in ARM Discovery Balanced Fund?+

You invest through the fund manager, ARM Investment Managers Limited. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.

Is ARM Discovery Balanced Fund regulated in Nigeria?+

ARM Discovery Balanced Fund appears in the SEC's published collective investment scheme data, which covers SEC-registered funds. You can confirm the manager's current registration status on the Investment Safety Checker.

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