MOFI Real Estate Investment Fund

The MOFI Real Estate Investment Fund stands out as the clear leader in its category, holding the #1 position among 6 Real Estate Investment Trust (REIT) funds and ranking #6 out of 222 funds across the entire Nigerian mutual fund market. Its Net Asset Value (NAV) has grown steadily from ₦263.94B on 5 June 2026 to ₦265.92B on 3 July 2026, a consistent upward move over four weeks. The fund's Week-to-Date (WTD) yield currently sits at 6.79%, which is well above the median WTD yield of 1.86% recorded across all REIT funds, meaning the fund is generating roughly 3.6 times more short-term return than the typical fund in its peer group. Its Year-to-Date (YTD) yield of 10.87% adds further weight to the picture of a fund that has performed strongly over a longer stretch as well.

One number worth noting in the recent history is the WTD yield spike to 18.98% recorded on 11 June 2026, which was a notable one-week jump before the figure settled back to a range of 6.48% to 6.79% in the weeks that followed. This kind of short-term fluctuation, where yield briefly surges then returns to a steadier level, is not unusual in real estate funds and does not necessarily signal a lasting change. The fund currently has just 45 unitholders, meaning ownership is concentrated among a very small group of investors. The NAV of ₦265.92B is substantial, so each unitholder holds a large average stake. This low unitholder count is a structural feature worth keeping in mind when thinking about how easily the fund's dynamics could shift if a major investor enters or exits.