Futureview Equity Fund

The headline story for the Futureview Equity Fund this week is a sharp and striking recovery. After three consecutive weeks of flat or negative Week-to-Date (WTD) yields, including a low of -3.84% in the week ending 26 June 2026, the fund surged to a WTD yield of 13.96% in the most recent week, pushing its Net Asset Value (NAV) from ₦167.44M to ₦190.82M. That single-week jump stands out even more when compared to the broader equity fund category, where the median WTD yield sits at -1.75%, meaning most similar funds actually lost value that same week. On a Year-to-Date (YTD) basis, the fund has returned 79.38%, which is a strong absolute gain even for an equity fund.

Despite that impressive short-term performance, the fund remains one of the smallest in the Nigerian mutual fund space. With an NAV of ₦190.82M, it ranks #207 of 222 funds overall and sits at #18 of 18 within the equity funds category, placing it last by size among its peers. It also has only 56 unitholders, meaning a very small number of investors currently hold this fund. Smaller funds can sometimes move more sharply in either direction because fewer investors and a lower asset base mean individual transactions have a bigger impact on overall NAV. The five-week NAV history, growing from ₦158.03M on 5 June to ₦190.82M on 3 July, does show an overall upward trend, but the week-to-week swings highlight how volatile this fund's short-term returns can be.