Weekly report

Money market fund yields, week ended 7 March 2025

39 money market funds reported to SEC for the week ended 7 March 2025. They held ₦2.21trn for 389,919 unitholders, and the median reported yield was 21.11%, −0.52 points on the week before. Zedcrest Money Market Fund reported the highest yield, 24.69%.

Source: SEC Nigeria weekly valuation report, week ended 7 March 2025

The 10 highest money market yields

RankFundReported yieldChange, pts
1Zedcrest Money Market Fund
Zedcrest Investment Managers
24.69%+1.25
2Chapel Hill Denham Money Market Fund
Chapel Hill Denham Management
23.36%−0.05
3Norrenberger Money Market Fund
Norrenberger Investment & Capital Management
23.21%−1.73
4Anchoria Money Market Fund
Anchoria Asset Management
23.18%−0.21
5Meristem Money Market Fund
Meristem Wealth Management
22.97%−1.10
6ARM Money Market Fund
ARM Investment Managers
22.80%−0.33
7Coral Money Market Fund
FSDH Asset Management
22.61%−0.40
8Cordros Money Market Fund
Cordros Asset Management
22.45%−0.64
9FBN Money Market Fund
FBNQuest Asset Management
22.37%+0.43
10STL Money Market Fund
STL Asset Management
22.26%−0.06

Biggest rises

FundReported yieldChange, pts
Emerging Africa Money Market Fund
Emerging Africa Asset Management
21.90%+3.94
Guaranty Trust Investment Fund 724
Guaranty Trust Fund Managers
20.01%+3.24
EDC Money Market Fund Class B
EDC Fund Management
22.22%+2.16

Biggest falls

FundReported yieldChange, pts
Page Money Market Fund
Page Asset Management
18.00%−3.63
Vetiva Money Market Fund
Vetiva Fund Managers
18.41%−3.40
Legacy Money Market Fund
FCMB Asset Management
20.27%−2.88

Highest dollar fund yields

RankFundReported yield
1Comercio Partners Dollar Fund
Comercio Partners Asset Management
26.20%
2Norrenberger Dollar Fund
Norrenberger Investment & Capital Management
10.13%
3Lead Dollar Fixed Income Fund
Lead Asset Management
9.96%
4Meristem Dollar Fund
Meristem Wealth Management
9.60%
5FSL Eurobond Fund
FSL Asset Management
8.62%

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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