FCMB-TLG Private Debt Fund

The FCMB-TLG Private Debt Fund is showing strong performance relative to its peers, with a Week-to-Date (WTD) yield of 0.79% that sits well above the median WTD yield of 0.55% among Specialised Funds in the same category. On a Year-to-Date (YTD) basis, the fund has returned 20.57%, which is a notable result for a debt-focused fund. Its Net Asset Value (NAV) currently stands at ₦10.97B, placing it #71 of 222 funds overall and #2 of 3 within the Specialised Funds category, meaning it is one of the two largest funds of its type tracked on this platform.

Looking at recent history, the fund's NAV dipped from ₦11.89B on 11 June 2026 to ₦10.89B on 19 June 2026, a week that also coincided with an unusually high WTD yield of 19.17%. In fund accounting, a sharp NAV drop alongside a large yield figure often reflects a distribution, where profits are paid out to unitholders and the NAV adjusts downward accordingly, rather than a loss in value. Since that event, the NAV has steadily recovered, rising from ₦10.89B to ₦10.93B and then to ₦10.97B over the following two weeks, with WTD yields of 0.39% and 0.79% respectively. It is also worth noting that this fund has only 16 unitholders, making it a relatively small and exclusive pool of investors.