Trustbanc Fixed Income Fund

The Trustbanc Fixed Income Fund is one of the smallest funds in its category, with a Net Asset Value (NAV) of ₦116.07M and only 28 unitholders, placing it at #214 of 222 funds overall and #40 of 42 among Fixed Income / Bond Funds. Its most notable concern right now is its Week-to-Date (WTD) yield of -0.39%, which means the fund's value dipped slightly over the most recent week. This sits well below the median WTD yield of 0.16% for funds in the same Fixed Income / Bond Funds category, indicating that most peer funds posted a small positive return while this one moved in the opposite direction.

Looking at the recent history, the fund showed positive momentum earlier in June, with WTD yields of 0.22% on 5 June and 0.30% on 11 June, alongside NAV growth from ₦114.90M to ₦116.23M. However, since then the NAV has stayed almost flat and the WTD yield turned negative, recording -0.38% on 19 June and -0.39% on 3 July. Despite this recent softness, the fund's Year-to-Date (YTD) yield of 10.45% shows that it has still delivered meaningful growth across the full year so far, suggesting the recent dip is a short-term fluctuation rather than a collapse in overall performance.