Zedcrest Dollar Fund

The Zedcrest Dollar Fund has grown noticeably in recent weeks, with its Net Asset Value (NAV) rising from ₦2.12B on 5 June 2026 to ₦2.76B by 3 July 2026, a climb of roughly 30% over that period. This places the fund at #22 of 40 among Dollar Funds and #117 of 222 across all fund categories. Its Year-to-Date (YTD) yield, which measures total returns earned since the start of the year, stands at 3.43%. One notable moment in the recent data is the sharp dip on 19 June 2026, when the Week-to-Date (WTD) yield, the return earned within that single week, dropped to -1.79% before rebounding strongly to 2.16% the following week. This kind of short-term swing is not unusual in dollar-denominated funds, where currency movements can cause temporary fluctuations.

The fund's most recent WTD yield of 0.05% is below the median WTD yield for Dollar Funds, which sits at 0.11%, meaning roughly half of similar funds earned more than double this fund's weekly return in the same period. The fund currently has 151 unitholders, which is a relatively small investor base, suggesting it is still building its following. The NAV recovery from the mid-June dip does indicate that the fund bounced back quickly, and the overall upward trend in NAV over the five weeks shown is a positive sign. However, the below-median weekly yield is worth keeping in mind when comparing this fund to others in the same category.