The United Capital Balanced Fund stands out as a strong performer within its category, sitting at #7 of 29 among Balanced Funds by Net Asset Value (NAV), with a current NAV of ₦9.43B. Its Year-to-Date (YTD) yield, which measures how much the fund has grown since the start of the year, sits at an impressive 33.00%, suggesting meaningful growth for investors who have held units throughout 2026. While this week brought a small dip, with a Week-to-Date (WTD) yield of -0.29%, the fund still outperformed its peers: the median WTD yield across all Balanced Funds this week was -0.43%, meaning most similar funds fell slightly more than this one did.
Looking at the fund's recent history, the NAV climbed from ₦8.90B in early June to a high of ₦9.40B by 19 June 2026, before pulling back to ₦9.03B the following week, a drop that coincided with a WTD yield of -1.76%, the sharpest single-week decline in the period shown. The fund recovered quickly, bouncing back to ₦9.43B as of 3 July 2026. This pattern of a short dip followed by recovery is worth noting, as it shows the fund can experience brief volatility, meaning its value can move up and down in a short time, even within an otherwise positive year. The fund currently serves 3,601 unitholders and is managed by United Capital Asset Management (UCAM) Ltd.
Key insight: Despite a brief sharp dip of -1.76% in late June, the United Capital Balanced Fund has recovered to a new recent NAV high of ₦9.43B and is delivering a 33.00% YTD yield, well above what most balanced funds in Nigeria have returned this year.
