Nigeria Bond Fund

The Nigeria Bond Fund, managed by Chapel Hill Denham Management Limited, is showing a notable pickup in short-term performance. Its most recent Week-to-Date (WTD) yield of 0.28% is 75% higher than the median WTD yield of 0.16% across all Fixed Income / Bond Funds in its category, meaning it delivered more than its typical peer this week. This comes after a rough patch: just one week earlier, on 2026-06-26, the fund posted a -0.06% WTD yield, the only negative reading in its recent five-week history. The recovery to 0.28% by 2026-07-03 is the strongest single-week figure in that stretch. Over the full year so far, the fund has returned 6.59% on a Year-to-Date (YTD) basis, which gives longer-term investors a broader sense of how the fund has been building value since the start of 2026.

In terms of size, the fund holds a Net Asset Value (NAV) of ₦1.23B, placing it at #154 of 222 funds overall and #22 of 42 within the Fixed Income / Bond Funds category. This mid-table size ranking means the fund is neither among the very largest nor the smallest in its space. It currently serves 3,836 unitholders (investors who own units, or shares, in the fund). The NAV has remained relatively stable across the recent five-week period, moving within a narrow range of ₦1.21B to ₦1.23B, which is a common characteristic of bond funds and suggests the portfolio has not experienced sharp swings in value during this window.