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Fixed Income / Bond FundsFigures updated 2026-07-03
FCMBAM Debt Fund
Managed by FCMB Asset Management LimitedVisit website ↗Compare this fund
A metric-led profile of this Nigerian mutual fund using the latest published fund figures.
Performance trend
How FCMBAM Debt Fund has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 1.06B | 1.29% | 15.74% |
| 2026-06-26 | NGN 1.08B | 1.23% | 16.24% |
| 2026-06-19 | NGN 1.18B | 1.16% | 16.79% |
| 2026-06-11 | NGN 1.18B | 0.87% | 16.83% |
| 2026-06-05 | NGN 1.17B | 0.59% | 16.88% |
Fund profile
What stands out about FCMBAM Debt Fund
The standout story for the FCMBAM Debt Fund right now is its Week-to-Date (WTD) yield performance. At 1.29% for the most recent period, the fund is generating returns well above the median WTD yield of 0.16% across all Fixed Income (FI) / Bond Funds in its category, meaning it is currently outperforming the typical peer fund by a significant margin. Its Year-to-Date (YTD) yield of 15.74% adds further context, showing that this outperformance is not just a one-week event. In terms of size, the fund holds a Net Asset Value (NAV) of ₦1.06B, placing it at #158 of 222 funds overall and #25 of 42 within the FI / Bond Funds category, so it sits in the middle of the pack by size.
Looking at the recent weekly history, the fund's WTD yield has climbed steadily from 0.59% on 5 June 2026 to 1.29% on 3 July 2026, a consistent upward trend across five consecutive data points. The NAV, which is the total value of everything the fund owns divided by the number of units, rose from ₦1.17B to a peak of ₦1.18B before easing back to ₦1.06B over the same period. That recent NAV dip is worth noting, as it indicates some money has left the fund even while yields have continued to rise. The fund currently serves 817 unitholders, which is a relatively small investor base, suggesting it is not yet widely held despite its yield numbers.
Key insight: The FCMBAM Debt Fund's WTD yield of 1.29% is more than eight times the category median of 0.16%, making it one of the stronger short-term yield performers among Nigerian Fixed Income / Bond Funds right now, even as its NAV has recently declined.
How it compares in its type
Week-to-date yield
1.29%
Higher than 81% of fixed income / bond funds
This fundFixed Income / Bond Funds median
Net asset value
₦1.06B
Larger than 40% of fixed income / bond funds
This fundFixed Income / Bond Funds median
Unitholders
817
More than 50% of fixed income / bond funds
This fundFixed Income / Bond Funds median
Bid-offer spread
₦0
Tighter than 17% of fixed income / bond funds
Positions are based on SEC figures from 2026-07-03 and change as the data updates.
Recent movement
- •Net asset value fell over the last 2 SEC updates (₦1.18B on 2026-06-19 to ₦1.06B on 2026-07-03).
- •Week-to-date yield has moved from 0.59% to 1.29%.
- •Added about 7 unitholders since 2026-06-05.
More from FCMB Asset Management Limited
Runs 5 funds tracked here, managing ₦96.76B in total.
Price Details
- USD bid
- N/A
- USD offer
- N/A
About the manager
Matched to the SEC register of capital market operators.
FCMB Asset Management Limited
- CAC number
- 316583
- SEC file number
- 784
- Registered
- 2026-06-23
- Fidelity bond expiry
- 2026-06-23
- Phone
- 01 462 2596
- FCMBAMENQUIRIES@FCMB.COM
- Registered address
- First City Plaza , Lagos
How to invest in FCMBAM Debt 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
Why is FCMBAM Debt Fund's yield higher than most funds in its category?+
FCMBAM Debt Fund reported a week-to-date yield of 1.29%, compared to the category median of 0.16% for fixed income / bond funds. A higher yield often reflects the rate environment at the time the fund's instruments were acquired, the fund's portfolio mix, or its pricing structure. Past yield performance is not a guarantee of future returns.
What is the bid-offer spread for FCMBAM Debt Fund and how does it affect returns?+
FCMBAM Debt Fund has a bid price of NGN 3.89 and an offer price of NGN 3.92, a spread of NGN 0.03 (0.77%). 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 FCMBAM Debt Fund?+
As of the SEC update on 2026-07-03, FCMBAM Debt Fund reported a week-to-date yield of 1.29% and a year-to-date yield of 15.74%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
How do I invest in FCMBAM Debt Fund?+
You invest through the fund manager, FCMB Asset Management Limited. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.
Is FCMBAM Debt Fund regulated in Nigeria?+
FCMBAM Debt 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 Fixed Income / Bond Funds
Other fixed income / bond funds ranked by NAV, largest first.
#1Fixed Income / Bond Funds
United Capital Global Fixed Income Fund
United Capital Asset Mgt. Ltd
NAV
NGN 181.37B
Fixed Income / Bond Funds median NGN 1.27B
Share of total
1.95%
WTD yield
0.1%
Fixed Income / Bond Funds median 0.16%
YTD yield
7.19%
Unitholders
1,060
BidNGN 1,786.47
OfferNGN 1,786.47
SpreadNGN 0.00
#2Fixed Income / Bond Funds
United Capital Fixed Income Fund
United Capital Asset Mgt. Ltd
NAV
NGN 78.63B
Fixed Income / Bond Funds median NGN 1.27B
Share of total
0.84%
WTD yield
0.16%
Fixed Income / Bond Funds median 0.16%
YTD yield
8.76%
Unitholders
7,152
BidNGN 2.06
OfferNGN 2.06
SpreadNGN 0.00
#3Fixed Income / Bond Funds
United Capital Stable Income Fund
United Capital Asset Mgt. Ltd
NAV
NGN 57.94B
Fixed Income / Bond Funds median NGN 1.27B
Share of total
0.62%
WTD yield
0.28%
Fixed Income / Bond Funds median 0.16%
YTD yield
15.42%
Unitholders
1,763
BidNGN 138.27
OfferNGN 138.27
SpreadNGN 0.00
#4Fixed Income / Bond Funds
Guaranty Trust Equity Income Fund
Guaranty Trust Fund Managers
NAV
NGN 20.79B
Fixed Income / Bond Funds median NGN 1.27B
Share of total
0.22%
WTD yield
-1.99%
Fixed Income / Bond Funds median 0.16%
YTD yield
37.31%
Unitholders
13,355
BidNGN 5.46
OfferNGN 5.53
SpreadNGN 0.07
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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.