Meristem Value ETF

The headline story for Meristem Value ETF right now is its Year-to-Date (YTD) return. Despite a rough patch over the past several weeks, the fund has delivered a 52.19% YTD yield, meaning investors who held units since the start of the year have seen their money grow by more than half in that period. The most recent Week-to-Date (WTD) yield of 0.55% also marks a positive turn after four consecutive weeks of negative returns, the worst of which was a -70.00% WTD drop recorded on 5 June 2026, followed by smaller declines of -0.54%, -0.66%, and -4.28% in the weeks that followed. The fund's Net Asset Value (NAV) currently sits at ₦1.49B, recovering slightly from a low of ₦1.48B the prior week.

For context, the Meristem Value ETF is an Exchange-Traded Fund (ETF), which is a type of investment that trades on a stock exchange and typically tracks a basket of assets, similar to how a market index works. Managed by Meristem Wealth Management Limited, the fund ranks #8 of 12 within the ETF category and #147 of 222 across all funds overall, placing it in the middle of the broader Nigerian fund landscape. Its current WTD yield of 0.55% compares favourably to the median WTD yield among ETFs of -1.16%, meaning most peer funds lost value this week while this one gained. The fund has 1,376 unitholders, which is a relatively small community of investors, suggesting this is not yet a widely held product.