What you’re seeing is actually normal behavior for a money market fund like Chapel Hill Denham Money Market Fund, but it can feel misleading if you expect visible “payments” every time.
Let’s break it down clearly.
1. Why You Saw a Credit in February
That “small amount credited” was likely:
Interest (distribution) paid into your wallet
OR
A unit price adjustment payout (depending on how InvestNaija displays returns)
Money market funds in Nigeria can:
Pay out interest periodically (monthly/quarterly)
Or reinvest earnings silently into your total value
So after February, your returns may still be coming — just not as a separate credit alert.
2. Why Your ₦100k Isn’t Showing “Big Gains”
Here’s the reality:
Money market funds are low-risk, low-return instruments.
Typical returns in Nigeria:
~8% to 15% annually (not monthly)
Let’s do the math:
₦100,000 at ~10% yearly return
That’s about ₦10,000 per year
Per month ≈ ₦800 – ₦900
So if you invested recently:
You won’t see big jumps immediately
Growth is gradual and daily
3. Why Your Total Gain Only Moved from ₦400 → ₦958
That suggests:
Your earlier money had already been earning for longer
Your new ₦100k has not stayed long enough to accumulate noticeable returns yet
Also:
Returns are calculated daily but displayed cumulatively
It may take 2–4 weeks before you notice meaningful movement
4. Key Thing You Might Be Missing
On platforms like InvestNaija:
👉 There are usually two views:
Total Gain (cumulative interest)
Unit price growth (NAV increase)
If the fund uses reinvestment model, you won’t always see cash credited — instead:
Your investment value quietly increases
5. Possible Issues to Double-Check
You should verify:
Did your ₦100k fully convert to units?
Sometimes it takes 1–3 working days
Is the money sitting in:
Wallet ❌
Or actually invested in the fund ✅
This is important.
6. Honest Reality Check
Money market fund is:
✔ Safe
✔ Liquid
✔ Good for short-term parking
But:
❌ Not for aggressive growth
❌ Won’t “feel” like it’s working fast
7. What I Recommend You Do Now
Check your transaction history
Confirm ₦100k is “invested”, not idle
Wait at least 30 days
Then assess performance
Track this:
Daily/weekly increase (even if small)
If your goal is higher returns:
Combine MMF with:
Equity funds
Stocks (like you asked earlier)
8. Simple Perspective
Your ₦100k is working — just quietly.
Think of MMF like:
“Parking your money in a safe place that grows slowly”
Not:
“Doubling your money quickly”