Coral Income Fund

The Coral Income Fund, managed by FSDH Asset Management Ltd, stands out sharply against its peers this week. Its Week-to-Date (WTD) yield of 3.97% is more than 24 times the median WTD yield of 0.16% recorded across all Fixed Income / Bond Funds in its category, meaning that for every ₦1 the average peer fund earned this week, Coral Income earned roughly ₦25. Its Year-to-Date (YTD) yield of 12.61% further confirms this is not a one-week spike. With a Net Asset Value (NAV) of ₦2.18B, the fund ranks #128 of 222 across all fund types and #15 of 42 within the Fixed Income / Bond Funds category, placing it in the upper half of its peer group by size.

Looking at recent history, the fund's NAV has grown steadily from ₦2.16B on 5 June 2026 to ₦2.18B on 3 July 2026, a sign that money flowing into the fund is growing over time. Weekly yields have been notably high throughout this period, reaching as high as 14.75% on 19 June 2026, before settling at the current 3.97%. The most recent reading is lower than the prior weeks, which is worth noting, though it still sits well above the category median. The fund currently serves 1,226 unitholders, a relatively modest community, which can mean the fund is more nimble but also that it carries less of the broad investor base seen in larger funds.