EDC Dollar Fund
Managed by EDC Fund Management LimitedVisit website ↗Compare this fund
A metric-led profile of this Nigerian mutual fund using the latest published fund figures.
How EDC Dollar Fund has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 4.12B | -7.97% | 3.77% |
| 2026-06-26 | NGN 4.09B | 0.07% | 3.72% |
| 2026-06-19 | NGN 4.03B | -0.15% | 3.65% |
| 2026-06-11 | NGN 4.03B | 0.31% | 3.8% |
| 2026-06-05 | NGN 4.07B | 0.44% | 3.48% |
What stands out about EDC Dollar Fund
The most striking development for the EDC Dollar Fund this week is a sharp drop in its Week-to-Date (WTD) yield to -7.97%, a dramatic shift from the modest but stable readings recorded over the previous four weeks (0.44%, 0.31%, -0.15%, and 0.07%). This single-week swing puts the fund well behind its peers: the median WTD yield among Dollar Funds is 0.11%, meaning most similar funds posted a small positive return in the same period. The fund's Net Asset Value (NAV) currently stands at ₦4.12B, placing it at #102 of 222 funds overall and #20 of 40 within the Dollar Funds category, which is a mid-table position in both rankings.
Despite this week's turbulence, the fund's Year-to-Date (YTD) yield of 3.77% shows that returns over the full year so far have been positive, suggesting the current WTD dip may reflect a short-term event rather than a sustained decline. The NAV has actually edged up from ₦4.07B five weeks ago to ₦4.12B today, so the overall pool of money in the fund has grown slightly even as this week's yield turned negative. It is worth noting that the fund has a relatively small investor base of just 85 unitholders, which means large movements by even a few investors can have an outsized effect on short-term performance figures.
Key insight: The -7.97% WTD yield is a severe short-term drop that stands in stark contrast to both the fund's own recent weekly trend and the 0.11% category median, making it the single most important figure to watch for how it resolves in the coming weeks.
How it compares in its type
Positions are based on SEC figures from 2026-07-03 and change as the data updates.
Recent movement
- •Net asset value rose over the last 2 SEC updates (₦4.03B on 2026-06-19 to ₦4.12B on 2026-07-03).
- •Week-to-date yield has moved from 0.44% to -7.97%.
- •Added about 1 unitholders since 2026-06-05.
More from EDC Fund Management Limited
Runs 6 funds tracked here, managing ₦112.79B in total.
Price Details
- USD bid
- $111.15
- USD offer
- $111.68
About the manager
Matched to the SEC register of capital market operators.
- CAC number
- 1033033
- SEC file number
- 1647
- Registered
- 2026-06-23
- Fidelity bond expiry
- 2026-06-23
- Phone
- 07064189871
- swamnigeria@ecobank.com
- Registered address
- 8th Floor, Ecobank Pan African Centre , 270, B1, Ozumba Mbadiwe Avenue, Victoria Island , Lagos
How to invest in EDC Dollar 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
What is the bid-offer spread for EDC Dollar Fund and how does it affect returns?+
EDC Dollar Fund has a bid price of NGN 153,490.69 and an offer price of NGN 154,222.59, a spread of NGN 731.89 (0.47%). 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 EDC Dollar Fund?+
As of the SEC update on 2026-07-03, EDC Dollar Fund reported a week-to-date yield of -7.97% and a year-to-date yield of 3.77%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
How do I invest in EDC Dollar Fund?+
You invest through the fund manager, EDC Fund Management Limited. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.
Is EDC Dollar Fund regulated in Nigeria?+
EDC Dollar 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.
Similar Dollar Funds
Other dollar funds ranked by NAV, largest first.
Stanbic IBTC Dollar Fund
Stanbic IBTC Asset Mgt. Limited
First Asset Specialized Dollar Fund
First Asset Management Limited
United Capital Nigerian Eurobond Fund
United Capital Asset Mgt. Ltd
Guaranty Trust Dollar Fund
Guaranty Trust Fund Managers
Learn more
Build your investing knowledge
Courses and articles that explain how dollar funds work and what to look for as an investor.
Courses
View courses
Compound Interest
Grow money by letting returns earn returns.
The Nigeria Capital Market
Know the system before you put your money in it. This course teaches you how investing works in Nigeria. It works you through the foundation so you can make more informed decisions.
New to mutual fund terms?
Look up net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit., yield, bid-offer spreadThe difference between the price at which units can be sold and the price at which they can be bought., unitholders, and more in the glossary.