Parthian Money Market Fund

Parthian Money Market Fund, managed by Parthian Capital Limited, is a mid-sized money market fund (a type of fund that invests in short-term, relatively stable instruments to preserve capital while earning returns) with a Net Asset Value (NAV) of ₦2.31B, ranking #124 of 222 across all Nigerian mutual funds and #36 of 47 within the money market category. Its Week-to-Date (WTD) yield of 16.74% sits just below the category median of 16.88%, a gap of only 0.14 percentage points, meaning the fund is performing close to the middle of its peer group but not quite at the top. The fund's Year-to-Date (YTD) yield also stands at 16.74%, suggesting consistent performance without major swings over the year so far.

Looking at the fund's recent history, the NAV has moved in a narrow range, peaking at ₦2.36B on 26 June 2026 before settling back to ₦2.31B as of 3 July 2026. The WTD yield has stayed remarkably stable throughout this period, moving between 16.71% and 16.76%, which reflects the generally steady nature of money market funds. The fund currently serves 3,359 unitholders, which gives a sense of its community size relative to the broader market. While the fund is not a top-tier performer in its category by yield, it has maintained consistency, and the recent NAV dip from its June high is modest rather than alarming.