Norrenberger Money Market Fund

The Norrenberger Money Market Fund currently holds a Net Asset Value (NAV) of ₦45.40B, placing it at #27 of 222 funds overall and #13 of 47 within the Money Market Funds category. Its Week-to-Date (WTD) yield of 17.70% sits comfortably above the median WTD yield of 16.88% for peer money market funds, meaning it is outperforming more than half of its direct competitors right now. The fund's Year-to-Date (YTD) yield also stands at 17.70%, and it serves a community of 6,728 unitholders (people who own a share of the fund).

Looking at the recent history, the fund's NAV climbed steadily from ₦45.92B on 5 June 2026 to a recent high of ₦46.41B on 26 June 2026, before pulling back to ₦45.40B on 3 July 2026. That dip in NAV coincided with a notable drop in the WTD yield to 16.33% on 26 June, though the yield has since recovered to 17.70%. This kind of short-term fluctuation is normal for money market funds, which invest in short-duration, lower-risk instruments such as treasury bills and commercial paper. The recovery in yield within a single week suggests the fund returned quickly to its recent performance range, which has stayed broadly between 17.49% and 17.79% over the past month.