Weekly report
Money market fund yields, week ended 28 February 2025
38 money market funds reported to SEC for the week ended 28 February 2025. They held ₦2.13trn for 385,576 unitholders, and the median reported yield was 21.63%, +0.30 points on the week before. Norrenberger Money Market Fund reported the highest yield, 24.94%.
Source: SEC Nigeria weekly valuation report, week ended 28 February 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | Norrenberger Money Market Fund Norrenberger Investment & Capital Management | 24.94% | +0.26 |
| 2 | Meristem Money Market Fund Meristem Wealth Management | 24.07% | −0.31 |
| 3 | AIICO Money Market Fund AIICO Capital | 23.69% | +1.02 |
| 4 | Zedcrest Money Market Fund Zedcrest Investment Managers | 23.44% | +1.03 |
| 5 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 23.41% | −0.22 |
| 6 | Anchoria Money Market Fund Anchoria Asset Management | 23.39% | −0.09 |
| 7 | Legacy Money Market Fund FCMB Asset Management | 23.15% | +1.23 |
| 8 | ARM Money Market Fund ARM Investment Managers | 23.13% | +0.12 |
| 9 | Cordros Money Market Fund Cordros Asset Management | 23.09% | −0.01 |
| 10 | Coral Money Market Fund FSDH Asset Management | 23.01% | −0.22 |
Biggest rises
| Fund | Reported yield | Change, pts |
|---|---|---|
| EDC Money Market Fund Class B EDC Fund Management | 20.06% | +2.53 |
| PACAM Money Market Fund PAC Asset Management | 18.70% | +2.30 |
| First Ally Money Market Fund First Ally Asset Management | 21.53% | +1.48 |
Biggest falls
| Fund | Reported yield | Change, pts |
|---|---|---|
| Emerging Africa Money Market Fund Emerging Africa Asset Management | 17.96% | −4.54 |
| Guaranty Trust Investment Fund 724 Guaranty Trust Fund Managers | 16.77% | −2.88 |
| RMBN Money Market Fund RMB Nigeria Asset Management | 20.20% | −2.30 |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Comercio Partners Dollar Fund Comercio Partners Asset Management | 31.20% |
| 2 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 10.24% |
| 3 | Lead Dollar Fixed Income Fund Lead Asset Management | 9.96% |
| 4 | STL Dollar Fund STL Asset Management | 9.96% |
| 5 | Meristem Dollar Fund Meristem Wealth Management | 9.64% |
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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