First Asset Specialized Dollar Fund
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 Specialized Dollar Fund has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 165.39B | 0.16% | 3.78% |
| 2026-06-26 | NGN 162.91B | 0.17% | 7.62% |
| 2026-06-19 | NGN 162.24B | 0.11% | 3.42% |
| 2026-06-11 | NGN 162.42B | 0.13% | 3.3% |
| 2026-06-05 | NGN 161.72B | 0.22% | 3.16% |
What stands out about First Asset Specialized Dollar Fund
The First Asset Specialized Dollar Fund is one of the largest dollar-denominated funds in Nigeria, holding a Net Asset Value (NAV) of ₦165.39B and ranking #2 of 40 among Dollar Funds, and #11 of 222 across all fund categories. The fund's NAV has grown steadily over the past month, rising from ₦161.72B on 5 June 2026 to its current level, a sign that money flowing into the fund has been increasing consistently. Its Year-to-Date (YTD) yield, which measures how much the fund has returned since the start of the year, stands at 3.78%, while its most recent Week-to-Date (WTD) yield, meaning what it earned in the latest weekly period, is 0.16%.
On a weekly basis, this fund is outperforming most of its peers. The median WTD yield among Dollar Funds is 0.11%, and this fund delivered 0.16%, placing it above the midpoint of its category for the week. The WTD yield has fluctuated slightly in recent weeks, moving between 0.11% and 0.22% since early June 2026, which is a fairly normal range for this type of fund. With 1,097 unitholders, the fund has a relatively small investor base compared to its large asset size, which suggests that the average investor holds a significant amount in the fund.
Key insight: With a NAV of ₦165.39B and a ranking of #2 of 40 in its category, this fund combines large scale with above-median weekly returns, making it one of the most prominent dollar funds currently available in Nigeria.
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 (₦162.24B on 2026-06-19 to ₦165.39B on 2026-07-03).
- •Week-to-date yield has held near 0.16%.
- •Added about 15 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
- $129.39
- USD offer
- $129.43
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 Specialized 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
Why is First Asset Specialized Dollar Fund's yield higher than most funds in its category?+
First Asset Specialized Dollar Fund 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 Specialized Dollar Fund and how does it affect returns?+
First Asset Specialized Dollar Fund has a bid price of NGN 179,089.99 and an offer price of NGN 179,145.36, 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 Specialized Dollar Fund?+
As of the SEC update on 2026-07-03, First Asset Specialized Dollar Fund reported a week-to-date yield of 0.16% and a year-to-date yield of 3.78%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
How do I invest in First Asset Specialized Dollar Fund?+
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 Specialized Dollar Fund regulated in Nigeria?+
First Asset Specialized 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.
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