ARM Short-Term Eurobond Fund

The ARM Short-Term Eurobond Fund's most striking feature right now is its Week-to-Date (WTD) yield of 1.95%, which sits well above the median WTD yield of 0.11% across all Dollar Funds in its category. This means the fund is generating short-term returns roughly 17 times higher than the typical dollar-denominated fund in Nigeria this week. Its Year-to-Date (YTD) yield of 4.70% adds further context, showing that performance has been building across the year, not just in a single week. In terms of size, the fund holds a Net Asset Value (NAV) of ₦4.34B, placing it at #98 of 222 funds overall and #19 of 40 within the Dollar Funds category.

Looking at the recent five-week history, there is a clear downward trend in WTD yield, falling from 5.88% on 5 June 2026 to the current 1.95% on 3 July 2026. This type of decline in short-term yield does not necessarily mean the fund is performing poorly; WTD yield can fluctuate week to week depending on interest payments, currency movements, and the timing of income received by the fund. The NAV itself has been relatively stable, dipping slightly from ₦4.29B to ₦4.26B before recovering to ₦4.34B, suggesting the underlying value of the fund has held up. With only 127 unitholders, this remains a relatively small investor community, which may reflect the fund's niche focus on short-term eurobonds, which are bonds issued in US dollars by governments or companies.