Nigeria Dollar Income Fund
Managed by Chapel Hill Denham Mgt. LimitedVisit website ↗Compare this fund
A metric-led profile of this Nigerian mutual fund using the latest published fund figures.
How Nigeria Dollar Income Fund has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 40.24B | 0.06% | 7.46% |
| 2026-06-26 | NGN 39.49B | 0.2% | 7.63% |
| 2026-06-19 | NGN 39.39B | 1% | 7.41% |
| 2026-06-11 | NGN 38.93B | -0.29% | 7.71% |
| 2026-06-05 | NGN 39.64B | 0.94% | 7.98% |
What stands out about Nigeria Dollar Income Fund
The Nigeria Dollar Income Fund, managed by Chapel Hill Denham Management Limited, holds a Net Asset Value (NAV) of ₦40.24B, placing it at #32 of 222 funds overall and #8 of 40 in the Dollar Funds category. The NAV has climbed steadily from ₦39.64B on 5 June 2026 to its current level, suggesting the fund has been growing in size over recent weeks. Its Year-to-Date (YTD) yield, which measures how much the fund has returned since the start of the year, stands at 7.46%, giving investors a reasonable picture of performance across a longer stretch of time.
On a shorter timeframe, the most recent Week-to-Date (WTD) yield of 0.06% is notably below the median WTD yield of 0.11% among all Dollar Funds peers, meaning the fund earned roughly half what the typical dollar fund delivered this week. Looking at recent weekly figures, performance has been uneven: the fund posted a strong 1.00% WTD yield on 19 June before tapering to 0.20% the following week and settling at the current 0.06%. There was even a negative week of -0.29% on 11 June, a reminder that short-term returns can move in both directions. With only 775 unitholders, this is a relatively small investor base despite the fund's sizeable NAV.
Key insight: While the fund's full-year return of 7.46% looks solid, its latest weekly yield of 0.06% is running well below the peer median of 0.11%, so recent short-term momentum has weakened compared to competitor dollar funds.
How it compares in its type
Positions are based on SEC figures from 2026-07-03 and change as the data updates.
Recent movement
- •Net asset value rose over the last 3 SEC updates (₦38.93B on 2026-06-11 to ₦40.24B on 2026-07-03).
- •Week-to-date yield has moved from 0.94% to 0.06%.
- •Added about 155 unitholders since 2026-06-05.
More from Chapel Hill Denham Mgt. Limited
Runs 5 funds tracked here, managing ₦274.99B in total.
Price Details
- USD bid
- $1.1205
- USD offer
- $1.1259
About the manager
Matched to the SEC register of capital market operators.
- CAC number
- RC1381308
- SEC file number
- 1762
- Registered
- 2026-06-23
- Fidelity bond expiry
- 2026-06-23
- Phone
- +234 (1) 2799561-4; +234 (9) 4601811
- info@chapelhilldenham.com
- Registered address
- 10 BANKOLE OKI ROAD , Lagos State
How to invest in Nigeria Dollar Income Fund
You invest through the fund manager. Always confirm they are SEC-registered and check current terms first. This is not investment advice.
Frequently asked questions
What is the bid-offer spread for Nigeria Dollar Income Fund and how does it affect returns?+
Nigeria Dollar Income Fund has a bid price of NGN 1,547.34 and an offer price of NGN 1,554.79, a spread of NGN 7.46 (0.48%). You buy at the offer price and redeem at the bid price, so the spread is an entry cost that your returns need to overcome before you are in profit. A tighter spread is generally more favourable for investors.
What is the current yield of Nigeria Dollar Income Fund?+
As of the SEC update on 2026-07-03, Nigeria Dollar Income Fund reported a week-to-date yield of 0.06% and a year-to-date yield of 7.46%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
How do I invest in Nigeria Dollar Income Fund?+
You invest through the fund manager, Chapel Hill Denham Mgt. Limited. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.
Is Nigeria Dollar Income Fund regulated in Nigeria?+
Nigeria Dollar Income Fund appears in the SEC's published collective investment scheme data, which covers SEC-registered funds. You can confirm the manager's current registration status on the Investment Safety Checker.
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