Weekly report
Money market fund yields, week ended 21 March 2025
40 money market funds reported to SEC for the week ended 21 March 2025. They held ₦2.42trn for 396,711 unitholders, and the median reported yield was 21.46%, +0.21 points on the week before. Legacy Money Market Fund reported the highest yield, 26.63%.
Source: SEC Nigeria weekly valuation report, week ended 21 March 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | Legacy Money Market Fund FCMB Asset Management | 26.63% | +5.42 |
| 2 | AIICO Money Market Fund AIICO Capital | 23.68% | +0.60 |
| 3 | Anchoria Money Market Fund Anchoria Asset Management | 23.18% | −0.27 |
| 4 | Coronation Money Market Fund Coronation Asset Management | 23.02% | +1.08 |
| 5 | Zedcrest Money Market Fund Zedcrest Investment Managers | 22.63% | −2.17 |
| 6 | Norrenberger Money Market Fund Norrenberger Investment & Capital Management | 22.62% | −0.32 |
| 7 | Meristem Money Market Fund Meristem Wealth Management | 22.54% | −0.07 |
| 8 | ARM Money Market Fund ARM Investment Managers | 22.48% | 0.00 |
| 9 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 22.40% | +1.21 |
| 10 | Cordros Money Market Fund Cordros Asset Management | 22.34% | +0.71 |
Biggest rises
| Fund | Reported yield | Change, pts |
|---|---|---|
| GDL Money Market Fund Growth & Development Asset Management | 16.59% | +12.44 |
| Legacy Money Market Fund FCMB Asset Management | 26.63% | +5.42 |
| FSL Money Market Fund FSL Asset Management | 21.46% | +2.60 |
Biggest falls
| Fund | Reported yield | Change, pts |
|---|---|---|
| Zedcrest Money Market Fund Zedcrest Investment Managers | 22.63% | −2.17 |
| Guaranty Trust Investment Fund 724 Guaranty Trust Fund Managers | 17.54% | −2.13 |
| Greenwich Plus Money Market Fund Greenwich Asset Management | 22.16% | −0.87 |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Comercio Partners Dollar Fund Comercio Partners Asset Management | 20.30% |
| 2 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 10.33% |
| 3 | Lead Dollar Fixed Income Fund Lead Asset Management | 9.96% |
| 4 | Meristem Dollar Fund Meristem Wealth Management | 9.61% |
| 5 | FSL Eurobond Fund FSL Asset Management | 8.73% |
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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