Meristem Fixed Income Fund

The Meristem Fixed Income Fund's most striking feature is its Week-to-Date (WTD) yield of 14.93%, which stands dramatically above the median WTD yield of 0.16% among all Fixed Income / Bond Funds in its category. That gap is not a small difference: the fund is generating returns roughly 93 times higher than the typical peer on a weekly basis. Its Year-to-Date (YTD) yield of 17.13% reinforces that this is not a one-week spike but a pattern of strong performance sustained across the year. In terms of size, the fund's Net Asset Value (NAV) sits at ₦777.61M, placing it at #166 of 222 funds overall and #27 of 42 within the Fixed Income / Bond Funds category, which means it is a mid-to-smaller-sized fund compared to its peers.

Looking at recent NAV history, the fund showed steady growth from ₦787.08M on 5 June 2026 to a peak of ₦789.03M on 19 June 2026, before edging back slightly to ₦788.90M on 26 June and then dropping more noticeably to ₦777.61M by 3 July 2026. This decline of roughly ₦11.4M in the final week is worth noting, though the WTD yield held close to its recent range at 14.93%, suggesting the yield calculation remained relatively stable even as the NAV dipped. The fund currently serves 213 unitholders, a relatively small investor base, which can sometimes mean the NAV is more sensitive to individual large deposits or withdrawals.