Guaranty Trust Investment Fund 724

Guaranty Trust Investment Fund 724 has shown steady growth in fund size over the past month, with its Net Asset Value (NAV) climbing from ₦3.20B in early June to ₦4.62B as of 3 July 2026, a rise of roughly 44% in just four weeks. This places the fund at #95 of 222 across all Nigerian mutual funds tracked, and #30 of 47 within the Money Market Fund category. A money market fund pools investors' money into short-term, lower-risk instruments like treasury bills, making it a common choice for people who want steady returns without much volatility. The fund's Week-to-Date (WTD) yield currently stands at 15.15%, which is also its Year-to-Date (YTD) yield of 15.15%.

While the fund's NAV growth is a clear positive, its WTD yield of 15.15% sits below the median WTD yield of 16.88% recorded across all money market funds in its category, meaning roughly half of its peers are currently returning more per week on paper. The yield has also moved around somewhat over the recent period, dipping to 14.51% on 11 June before recovering to a peak of 15.60% on 26 June, then settling back to 15.15% most recently. The fund serves 16,156 unitholders, suggesting a reasonably broad base of investors have chosen it. The growing NAV indicates that more money is flowing into the fund, even as the yield remains slightly behind the category midpoint.