Fundvine Money Market Fund

Fundvine Money Market Fund is one of the smallest funds in Nigeria's mutual fund market, with a Net Asset Value (NAV) of ₦62.56M, placing it at #218 of 222 funds overall and #47 of 47 within the Money Market Fund category, meaning it ranks last among all peers of the same type. The fund serves just 30 unitholders, which reflects its very early or limited growth stage. Its Week-to-Date (WTD) yield, a measure of how much return the fund generated in the most recent week expressed as an annual rate, stands at 10.50%, and the Year-to-Date (YTD) yield, covering returns since the start of the year, is also 10.50%.

The 10.50% yield is noticeably below the median WTD yield of 16.88% recorded across all Money Market Funds in the same period, a gap of 6.38 percentage points. This means the average competing fund of the same type is currently generating significantly more income for its investors. Looking at the fund's recent history, the NAV has moved in a narrow range between ₦62.22M and ₦62.56M from early June to early July 2026, showing very little growth in the total size of the fund. The yield has also remained completely flat at 10.50% across every recorded data point, suggesting the fund's return rate has not changed at all during this period.