Weekly report

Money market fund yields, week ended 25 April 2025

42 money market funds reported to SEC for the week ended 25 April 2025. They held ₦2.72trn for 412,284 unitholders, and the median reported yield was 20.23%, −0.45 points on the week before. Zedcrest Money Market Fund reported the highest yield, 24.29%.

Source: SEC Nigeria weekly valuation report, week ended 25 April 2025

The 10 highest money market yields

RankFundReported yieldChange, pts
1Zedcrest Money Market Fund
Zedcrest Investment Managers
24.29%−0.33
2Chapel Hill Denham Money Market Fund
Chapel Hill Denham Management
22.21%+0.08
3Page Money Market Fund
Page Asset Management
22.18%−0.01
4Trustbanc Money Market Fund
Trustbanc Asset Management
22.08%+0.34
5Emerging Africa Money Market Fund
Emerging Africa Asset Management
21.81%+0.38
6ARM Money Market Fund
ARM Investment Managers
21.78%−0.16
7Norrenberger Money Market Fund
Norrenberger Investment & Capital Management
21.71%−0.60
8Mango Naira Money Market Fund
Mango Asset Management
21.48%
9Meristem Money Market Fund
Meristem Wealth Management
21.40%−0.23
10Cordros Money Market Fund
Cordros Asset Management
21.18%+0.36

Biggest rises

FundReported yieldChange, pts
FSL Money Market Fund
FSL Asset Management
21.17%+1.61
First Ally Money Market Fund
First Ally Asset Management
20.83%+1.10
Greenwich Plus Money Market Fund
Greenwich Asset Management
19.43%+1.05

Biggest falls

FundReported yieldChange, pts
AVA GAM Money Market Fund
AVA Global Asset Managers
14.16%−6.43
Vetiva Money Market Fund
Vetiva Fund Managers
17.84%−3.21
CardinalStone Money Market Fund
CardinalStone Asset Management
18.73%−1.96

Highest dollar fund yields

RankFundReported yield
1Futureview Dollar Fund
Futureview Asset Management
10.98%
2Vetiva USD Fixed Income Fund
Vetiva Fund Managers
10.95%
3Norrenberger Dollar Fund
Norrenberger Investment & Capital Management
9.82%
4Meristem Dollar Fund
Meristem Wealth Management
9.41%
5Lead Dollar Fixed Income Fund
Lead Asset Management
9.33%

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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