Weekly report
Money market fund yields, week ended 31 January 2025
38 money market funds reported to SEC for the week ended 31 January 2025. They held ₦1.94trn for 370,514 unitholders, and the median reported yield was 22.02%, +0.06 points on the week before. Meristem Money Market Fund reported the highest yield, 24.65%.
Source: SEC Nigeria weekly valuation report, week ended 31 January 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | Meristem Money Market Fund Meristem Wealth Management | 24.65% | +0.41 |
| 2 | Legacy Money Market Fund FCMB Asset Management | 24.60% | +2.30 |
| 3 | Emerging Africa Money Market Fund Emerging Africa Asset Management | 24.16% | +1.40 |
| 4 | Anchoria Money Market Fund Anchoria Asset Management | 23.75% | −0.20 |
| 5 | Coronation Money Market Fund Coronation Asset Management | 23.67% | +3.86 |
| 6 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 23.59% | −0.06 |
| 7 | Zedcrest Money Market Fund Zedcrest Investment Managers | 23.52% | +0.77 |
| 8 | RMBN Money Market Fund RMB Nigeria Asset Management | 23.32% | +0.02 |
| 9 | AIICO Money Market Fund AIICO Capital | 23.24% | +0.35 |
| 10 | Cordros Money Market Fund Cordros Asset Management | 23.20% | +1.24 |
Biggest rises
| Fund | Reported yield | Change, pts |
|---|---|---|
| Guaranty Trust Investment Fund 724 Guaranty Trust Fund Managers | 20.34% | +4.44 |
| Coronation Money Market Fund Coronation Asset Management | 23.67% | +3.86 |
| Guaranty Trust Money Market Fund Guaranty Trust Fund Managers | 21.15% | +2.54 |
Biggest falls
| Fund | Reported yield | Change, pts |
|---|---|---|
| First Ally Money Market Fund First Ally Asset Management | 21.38% | −2.43 |
| EDC Money Market Fund Class B EDC Fund Management | 22.64% | −2.34 |
| EDC Money Market Fund Class A EDC Fund Management | 21.59% | −2.27 |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Comercio Partners Dollar Fund Comercio Partners Asset Management | 14.30% |
| 2 | Lead Dollar Fixed Income Fund Lead Asset Management | 9.96% |
| 3 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 9.90% |
| 4 | United Capital Global Fixed Income Fund United Capital Asset Management | 9.78% |
| 5 | Meristem Dollar Fund Meristem Wealth Management | 9.61% |
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.
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