Weekly report
Money market fund yields, week ended 2 May 2025
42 money market funds reported to SEC for the week ended 2 May 2025. They held ₦2.78trn for 417,146 unitholders, and the median reported yield was 20.65%, +0.42 points on the week before. Nova Prime Money Market Fund reported the highest yield, 23.74%.
Source: SEC Nigeria weekly valuation report, week ended 2 May 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | Nova Prime Money Market Fund Novambl Asset Management | 23.74% | +4.25 |
| 2 | Coronation Money Market Fund Coronation Asset Management | 22.77% | +3.02 |
| 3 | Zedcrest Money Market Fund Zedcrest Investment Managers | 22.69% | −1.60 |
| 4 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 22.32% | +0.11 |
| 5 | Meristem Money Market Fund Meristem Wealth Management | 22.32% | +0.92 |
| 6 | Page Money Market Fund Page Asset Management | 22.23% | +0.05 |
| 7 | Trustbanc Money Market Fund Trustbanc Asset Management | 22.10% | +0.02 |
| 8 | ARM Money Market Fund ARM Investment Managers | 22.08% | +0.30 |
| 9 | Emerging Africa Money Market Fund Emerging Africa Asset Management | 21.74% | −0.07 |
| 10 | Norrenberger Money Market Fund Norrenberger Investment & Capital Management | 21.71% | 0.00 |
Biggest rises
| Fund | Reported yield | Change, pts |
|---|---|---|
| AVA GAM Money Market Fund AVA Global Asset Managers | 18.63% | +4.47 |
| Nova Prime Money Market Fund Novambl Asset Management | 23.74% | +4.25 |
| Coronation Money Market Fund Coronation Asset Management | 22.77% | +3.02 |
Biggest falls
| Fund | Reported yield | Change, pts |
|---|---|---|
| STL Money Market Fund STL Asset Management | 17.47% | −2.35 |
| Legacy Money Market Fund FCMB Asset Management | 18.14% | −1.79 |
| Zedcrest Money Market Fund Zedcrest Investment Managers | 22.69% | −1.60 |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Futureview Dollar Fund Futureview Asset Management | 11.21% |
| 2 | Vetiva USD Fixed Income Fund Vetiva Fund Managers | 10.24% |
| 3 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 9.82% |
| 4 | Meristem Dollar Fund Meristem Wealth Management | 9.64% |
| 5 | Lead 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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