Comercio Partners Fixed Income Fund

The Comercio Partners Fixed Income Fund is having a difficult recent run. Its Net Asset Value (NAV), which is the total worth of everything the fund holds, has slipped from ₦198.76M in early June 2026 to ₦196.42M by 3 July 2026, a decline spread across five consecutive weeks. The most recent Week-to-Date (WTD) yield of -0.91% is well below the median WTD yield of 0.16% recorded by other funds in the Fixed Income / Bond Funds category, placing the fund's short-term performance noticeably behind most of its peers. In the broader ranking, the fund sits at #205 of 222 funds overall and #36 of 42 within its own category, meaning only a small number of similar funds are currently performing worse on a weekly basis.

Despite the recent weekly losses, the fund's Year-to-Date (YTD) yield of 8.59% shows that it has still delivered positive returns when measured from the start of the year. The fund is relatively small, with only 47 unitholders (investors who own units in the fund), which means individual large withdrawals can have a more noticeable impact on the NAV compared to larger, more widely held funds. The consistent run of negative WTD figures since mid-June, moving from -0.07% to -0.33% and now -0.91%, suggests the downward pressure on the NAV has been building steadily over recent weeks rather than being a single sudden event.