CFG AM Fixed Income Dollar Fund

The CFG AM Fixed Income Dollar Fund has shown a steady recovery over the past month, with its Net Asset Value (NAV) climbing from ₦597.44M on 11 June 2026 to ₦609.82M by 3 July 2026, the highest point in the recent five-week window. Week-to-Date (WTD) yield has also improved, rising from a low of 0.05% in mid-June to 0.09% by the most recent data point. Despite this upward momentum, the fund sits at #34 of 40 in the Dollar Funds category and #176 of 222 across all funds overall, meaning most peer funds are currently larger by NAV. The fund's WTD yield of 0.09% also falls slightly below the median WTD yield for Dollar Funds, which stands at 0.11%, suggesting it is generating slightly less weekly return than the typical fund in its group right now.

On a longer horizon, the fund's Year-to-Date (YTD) yield of 6.30% gives a sense of how it has performed across 2026 as a whole. The fund is notably small, with only 20 unitholders and a NAV of ₦609.82M, which places it among the smaller funds in the Nigerian mutual fund space. A small number of unitholders means the fund's NAV can move noticeably if even one or two investors add or withdraw money, so short-term NAV swings may reflect those individual flows rather than broader market conditions. The consistent week-on-week NAV growth from late June into early July is a positive short-term signal, even as the fund continues to trail the category median on weekly yield.