Weekly report
Money market fund yields, week ended 14 February 2025
38 money market funds reported to SEC for the week ended 14 February 2025. They held ₦2.04trn for 377,111 unitholders, and the median reported yield was 22.13%, +0.13 points on the week before. Legacy Money Market Fund reported the highest yield, 25.15%.
Source: SEC Nigeria weekly valuation report, week ended 14 February 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | Legacy Money Market Fund FCMB Asset Management | 25.15% | +1.23 |
| 2 | Meristem Money Market Fund Meristem Wealth Management | 24.13% | +1.63 |
| 3 | Anchoria Money Market Fund Anchoria Asset Management | 23.69% | −0.21 |
| 4 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 23.63% | −0.11 |
| 5 | Zedcrest Money Market Fund Zedcrest Investment Managers | 23.33% | −0.29 |
| 6 | AIICO Money Market Fund AIICO Capital | 23.18% | −0.09 |
| 7 | EDC Money Market Fund Class B EDC Fund Management | 23.00% | 0.00 |
| 8 | RMBN Money Market Fund RMB Nigeria Asset Management | 22.91% | −0.40 |
| 9 | Coral Money Market Fund FSDH Asset Management | 22.88% | −0.08 |
| 10 | ARM Money Market Fund ARM Investment Managers | 22.72% | +0.49 |
Biggest rises
| Fund | Reported yield | Change, pts |
|---|---|---|
| Vetiva Money Market Fund Vetiva Fund Managers | 20.20% | +4.32 |
| Guaranty Trust Investment Fund 724 Guaranty Trust Fund Managers | 21.15% | +1.71 |
| Meristem Money Market Fund Meristem Wealth Management | 24.13% | +1.63 |
Biggest falls
| Fund | Reported yield | Change, pts |
|---|---|---|
| GDL Money Market Fund Growth & Development Asset Management | 16.24% | −2.30 |
| RMBN Money Market Fund RMB Nigeria Asset Management | 22.91% | −0.40 |
| Coronation Money Market Fund Coronation Asset Management | 22.71% | −0.32 |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Comercio Partners Dollar Fund Comercio Partners Asset Management | 36.10% |
| 2 | Lead Dollar Fixed Income Fund Lead Asset Management | 9.96% |
| 3 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 9.58% |
| 4 | Meristem Dollar Fund Meristem Wealth Management | 9.56% |
| 5 | United Capital Global Fixed Income Fund United Capital Asset Management | 9.08% |
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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