Radix Horizon Fund

The headline story for the Radix Horizon Fund this week is a sharp reversal in short-term performance. After three consecutive weeks of strong positive Week-to-Date (WTD) yields, including a high of 22.78% in early June and 21.98% the week before last, the fund posted a WTD yield of -15.00% in the most recent period ending 2026-07-03. This puts it well below the median WTD yield of 0.16% among Fixed Income / Bond Funds (the category of funds that invest primarily in loans and debt instruments issued by governments or companies). The fund's Net Asset Value (NAV), which is the total value of everything the fund holds divided by its number of units, currently sits at ₦1.14B, ranking it #156 of 222 across all Nigerian mutual funds and #23 of 42 within its Fixed Income / Bond category.

Despite this week's dip, the broader picture across 2026 remains positive. The fund's Year-to-Date (YTD) yield of 16.54% shows that investors who have held units since the start of the year are still in positive territory overall. The NAV has also grown steadily over the tracked period, rising from ₦1.05B in early June to ₦1.14B today, suggesting the fund's total value has been building even through short-term fluctuations. The fund is managed by Radix Capital Partners Limited and currently serves 189 unitholders, making it a relatively small community of investors by Nigerian mutual fund standards.