First Asset Dollar Fund (Retail)
Managed by First Asset Management LimitedVisit website ↗Compare this fund
A metric-led profile of this Nigerian mutual fund using the latest published fund figures.
How First Asset Dollar Fund (Retail) has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 54.65B | 0.16% | 3.6% |
| 2026-06-26 | NGN 54.04B | 0.15% | 3.41% |
| 2026-06-19 | NGN 53.66B | 0.11% | 3.27% |
| 2026-06-11 | NGN 53.27B | 0.11% | 3.16% |
| 2026-06-05 | NGN 53.05B | 0.21% | 3.04% |
What stands out about First Asset Dollar Fund (Retail)
The First Asset Dollar Fund (Retail), managed by First Asset Management Limited, stands out as one of the larger and better-performing dollar funds in the Nigerian market. With a Net Asset Value (NAV) of ₦54.65B, it ranks #24 of 222 funds overall and sits at #5 of 40 within the Dollar Funds category, placing it firmly in the top tier of its peer group. Its Week-to-Date (WTD) yield of 0.16% is notably above the median WTD yield of 0.11% for Dollar Funds, meaning it is currently generating better short-term returns than more than half of its direct competitors. Its Year-to-Date (YTD) yield of 3.60% adds further context, showing that the fund has delivered consistent growth across the year so far.
Looking at the fund's recent history, the NAV has grown steadily from ₦53.05B on 5 June 2026 to ₦54.65B on 3 July 2026, an increase of roughly ₦1.60B over four weeks. The WTD yield dipped to 0.11% for two consecutive periods in mid-June before recovering to 0.15% and then 0.16% in the most recent two weeks, suggesting a return to stronger short-term performance. The fund currently serves 2,707 unitholders, a relatively focused investor base for a fund of its size, which reflects a high average holding per investor. Taken together, the trend shows a fund that is growing in size while delivering weekly returns that consistently meet or beat its category peers.
Key insight: The fund's WTD yield of 0.16% is currently 45% above the Dollar Funds category median of 0.11%, making it one of the stronger short-term performers among its 40 peers right now.
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 4 SEC updates (₦53.05B on 2026-06-05 to ₦54.65B on 2026-07-03).
- •Week-to-date yield has held near 0.16%.
- •Added about 89 unitholders since 2026-06-05.
More from First Asset Management Limited
Runs 8 funds tracked here, managing ₦995.85B in total.
Price Details
- USD bid
- $132.50
- USD offer
- $132.54
About the manager
Matched to the SEC register of capital market operators.
- CAC number
- RC 978831
- SEC file number
- 1621
- Registered
- 2026-06-23
- Fidelity bond expiry
- 2026-06-23
- Phone
- 01-2702290-4
- Kehinde.koshoedo@first-assetmanagement.com
- Registered address
- 18 Keffi Street Ikoyi Lagos , Lagos State
How to invest in First Asset Dollar Fund (Retail)
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 First Asset Dollar Fund (Retail)'s yield higher than most funds in its category?+
First Asset Dollar Fund (Retail) reported a week-to-date yield of 0.16%, compared to the category median of 0.11% for dollar 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 First Asset Dollar Fund (Retail) and how does it affect returns?+
First Asset Dollar Fund (Retail) has a bid price of NGN 183,394.58 and an offer price of NGN 183,449.94, a spread of NGN 55.36 (0.03%). 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 First Asset Dollar Fund (Retail)?+
As of the SEC update on 2026-07-03, First Asset Dollar Fund (Retail) reported a week-to-date yield of 0.16% and a year-to-date yield of 3.6%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
How do I invest in First Asset Dollar Fund (Retail)?+
You invest through the fund manager, First Asset Management Limited. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.
Is First Asset Dollar Fund (Retail) regulated in Nigeria?+
First Asset Dollar Fund (Retail) 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.
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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.