CardinalStone Balanced Fund

The CardinalStone Balanced Fund has delivered a strong Year-to-Date (YTD) return of 39.96% in 2026, which stands out as the headline story for this fund. Despite that impressive longer-term gain, the most recent week has been difficult: the Week-to-Date (WTD) yield came in at -1.32%, which is notably weaker than the median WTD yield of -0.43% across all Balanced Funds in the same category. This places the fund's short-term performance below its peers this week. The fund's Net Asset Value (NAV) currently sits at ₦4.04B, ranking it #12 of 29 among Balanced Funds and #103 of 222 across all fund types, putting it in the upper half of its category by size.

Looking at the recent NAV history, the fund has had a bumpy few weeks. It dipped from ₦3.86B on 5 June to ₦3.81B on 11 June, then recovered strongly to ₦4.09B by 19 June and climbed further to ₦4.14B on 26 June, before slipping back to ₦4.04B on 3 July. This pattern shows that short-term swings are a regular feature of this fund, which is typical for a balanced fund, a type of fund that holds a mix of equities, which are company shares, and fixed-income assets like bonds. The fund currently serves 767 unitholders, a relatively small investor base, which can sometimes mean the NAV is more sensitive to individual deposits or withdrawals.