First Asset Dollar Fund (Retail)

First Asset Dollar FundA fund denominated in US dollars and usually investing in dollar assets under its mandate. (Retail) is a dollar funds managed by First Asset Management Limited. It holds NGN 53.03B in net assets, ranking #21 out of 199 mutual funds and #5 out of 40 similar funds.

Dollar funds are useful to read separately because their naira net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit. may reflect both fund growth and currency riskThe possibility that exchange-rate movements will change an investment's value in the investor's home currency., while USD bid and offer prices show the dollar-side unit values.

Currently, First Asset Dollar Fund (Retail)'s reported year-to-date yield is 2.83% and its reported week-to-date yield is 0.13%. Treat these as yield indicators for comparison, not as proof that the fund earned 0.13% in one week or delivered a cumulative 2.83% investorA person or organisation that commits capital with the expectation of a financial return. return year to date.

The bid priceThe price at which a fund or market participant buys units or securities from an investor. is NGN 180,876.22 and the offer priceThe price at which a fund or market participant sells units or securities to an investor. is NGN 180,917.49, leaving a spread of NGN 41.26. A wider bid-offer spreadThe difference between the price at which units can be sold and the price at which they can be bought. can matter for entry and exit pricing, so it should be checked against the manager's current dealing terms.

2,618 unitholders is useful context, but it should be read with net asset value because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0.58% of total fund net asset value and 3.17% of funds with the same type.