Weekly report
Money market fund yields, week ended 3 January 2025
38 money market funds reported to SEC for the week ended 3 January 2025. They held ₦1.73trn for 355,902 unitholders, and the median reported yield was 22.18%. EDC Money Market Fund Class B reported the highest yield, 24.64%.
Source: SEC Nigeria weekly valuation report, week ended 3 January 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | EDC Money Market Fund Class B EDC Fund Management | 24.64% | |
| 2 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 24.42% | |
| 3 | CardinalStone Money Market Fund CardinalStone Asset Management | 23.96% | |
| 4 | Meristem Money Market Fund Meristem Wealth Management | 23.83% | |
| 5 | Coronation Money Market Fund Coronation Asset Management | 23.71% | |
| 6 | EDC Money Market Fund Class A EDC Fund Management | 23.65% | |
| 7 | Anchoria Money Market Fund Anchoria Asset Management | 23.63% | |
| 8 | Zedcrest Money Market Fund Zedcrest Investment Managers | 23.38% | |
| 9 | Legacy Money Market Fund FCMB Asset Management | 23.19% | |
| 10 | AIICO Money Market Fund AIICO Capital | 22.93% |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Comercio Partners Dollar Fund Comercio Partners Asset Management | 96.00% |
| 2 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 13.57% |
| 3 | Emerging Africa Eurobond Fund Emerging Africa Asset Management | 11.95% |
| 4 | Nigeria Dollar Income Fund Chapel Hill Denham Management | 10.79% |
| 5 | Lead Dollar Fixed Income Fund Lead Asset Management | 10.28% |
Reported yield is the year-to-date figure each manager sends to SEC, an annual rate. Change is against the week before, in percentage points. These are figures managers report, not advice.
This is an older week. See the latest yields.
Free weekly email
Get the best money market yields every week
When SEC publishes new figures, we email you the 10 highest money market yields, the biggest moves and the top dollar funds. One email a week at most. What you get