RMBN Money Market Fund

The RMBN Money Market Fund has shown a steady climb in its Week-to-Date (WTD) yield over the past month, rising from 15.88% on 5 June 2026 to 16.36% as of 3 July 2026, even as its Net Asset Value (NAV) pulled back from a peak of ₦22.89B to ₦20.21B. A yield is the return the fund generates relative to its size, so a rising yield alongside a shrinking NAV means the fund is earning more per naira invested, which is a positive sign for existing unitholders. Within the Money Market Funds category, the fund sits at #18 of 47 peers and ranks #42 of 222 across all funds tracked, placing it in a respectable mid-table position overall.

Despite the improving yield trend, the fund's current WTD yield of 16.36% sits slightly below the category median of 16.88%, meaning roughly half of its Money Market Fund peers are currently delivering higher returns. The fund has a relatively small unitholder base of 162 investors, which suggests it is not yet widely adopted compared to larger, more established funds. The Year-to-Date (YTD) yield matches the WTD yield at 16.36%, indicating that this figure reflects a consistent recent performance rather than a single strong week distorting the picture.