Weekly report
Money market fund yields, week ended 21 February 2025
38 money market funds reported to SEC for the week ended 21 February 2025. They held ₦2.07trn for 379,797 unitholders, and the median reported yield was 21.33%, −0.81 points on the week before. Norrenberger Money Market Fund reported the highest yield, 24.68%.
Source: SEC Nigeria weekly valuation report, week ended 21 February 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | Norrenberger Money Market Fund Norrenberger Investment & Capital Management | 24.68% | +1.98 |
| 2 | Meristem Money Market Fund Meristem Wealth Management | 24.38% | +0.25 |
| 3 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 23.63% | 0.00 |
| 4 | Anchoria Money Market Fund Anchoria Asset Management | 23.48% | −0.21 |
| 5 | Coral Money Market Fund FSDH Asset Management | 23.23% | +0.36 |
| 6 | Cordros Money Market Fund Cordros Asset Management | 23.10% | +0.59 |
| 7 | ARM Money Market Fund ARM Investment Managers | 23.01% | +0.29 |
| 8 | AIICO Money Market Fund AIICO Capital | 22.67% | −0.51 |
| 9 | Emerging Africa Money Market Fund Emerging Africa Asset Management | 22.50% | +0.34 |
| 10 | RMBN Money Market Fund RMB Nigeria Asset Management | 22.50% | −0.41 |
Biggest rises
| Fund | Reported yield | Change, pts |
|---|---|---|
| Norrenberger Money Market Fund Norrenberger Investment & Capital Management | 24.68% | +1.98 |
| Vetiva Money Market Fund Vetiva Fund Managers | 21.59% | +1.39 |
| GDL Money Market Fund Growth & Development Asset Management | 17.56% | +1.32 |
Biggest falls
| Fund | Reported yield | Change, pts |
|---|---|---|
| EDC Money Market Fund Class B EDC Fund Management | 17.53% | −5.47 |
| Legacy Money Market Fund FCMB Asset Management | 21.92% | −3.23 |
| Guaranty Trust Investment Fund 724 Guaranty Trust Fund Managers | 19.65% | −1.50 |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Comercio Partners Dollar Fund Comercio Partners Asset Management | 32.60% |
| 2 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 10.29% |
| 3 | Lead Dollar Fixed Income Fund Lead Asset Management | 9.96% |
| 4 | Meristem Dollar Fund Meristem Wealth Management | 9.62% |
| 5 | United Capital Global Fixed Income Fund United Capital Asset Management | 8.72% |
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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