STL Balanced Fund

The STL Balanced Fund's most notable story right now is its recovery over the most recent week. After dropping to a Week-to-Date (WTD) yield of -2.15% on 26 June 2026, the fund rebounded sharply to a WTD yield of 0.58% by 3 July 2026, pushing its Net Asset Value (NAV) up to ₦283.74M, the highest point in the five weeks of data shown. That rebound also puts it well ahead of its category peers: the median WTD yield among Balanced Funds is -0.43%, meaning the typical fund in this group actually lost value over the same week while STL Balanced Fund gained. For the full year so far, the fund has delivered a Year-to-Date (YTD) yield of 24.09%, which is a meaningful absolute return over the period.

Context helps frame the bigger picture, though. The fund is relatively small, with a NAV of ₦283.74M, ranking it #202 of 222 funds tracked overall and #25 of 29 within the Balanced Funds category, placing it near the bottom of its peer group by size. It also has a modest base of 172 unitholders, meaning it is not yet widely held. The recent five-week NAV history shows a bumpy path: values ranged from a low of ₦275.27M on 11 June to the current high of ₦283.74M, with both positive and negative weeks along the way. The strong YTD figure of 24.09% suggests the fund has made meaningful gains across the year as a whole, even if individual weeks have been volatile.