CFG AM Fixed Income Naira Fund

The CFG AM Fixed Income Naira Fund has shown clear and consistent growth over the past month, with its Net Asset Value (NAV) rising from ₦3.74B on 5 June 2026 to ₦4.67B by 3 July 2026, a gain of roughly 25% in just under four weeks. This places the fund at #94 of 222 across all funds tracked, and #12 of 42 within the Fixed Income / Bond Funds category. Its most recent Week-to-Date (WTD) yield of 0.21% sits above the median WTD yield of 0.16% for its peer group, meaning the fund is currently generating returns faster than more than half of its competitors in the same category. Its Year-to-Date (YTD) yield stands at 10.05%, reflecting solid cumulative performance so far this year.

Looking at the weekly pattern, the WTD yield dipped to 0.15% in mid-June before recovering to 0.18% and then climbing to its current 0.21%, suggesting the fund regained momentum after a brief soft patch. The NAV has grown in every recorded period, which means the total pool of money in the fund, including reinvested returns, has been expanding steadily. With only 389 unitholders, this is a relatively small community of investors, which can sometimes mean the fund is less widely known but not necessarily less capable. Fixed income funds like this one typically invest in lower-risk instruments such as government bonds and corporate debt, meaning they aim for steady, predictable returns rather than sharp swings.