Weekly report
Money market fund yields, week ended 9 May 2025
42 money market funds reported to SEC for the week ended 9 May 2025. They held ₦2.85trn for 420,385 unitholders, and the median reported yield was 20.32%, −0.33 points on the week before. Zedcrest Money Market Fund reported the highest yield, 22.77%.
Source: SEC Nigeria weekly valuation report, week ended 9 May 2025
The 10 highest money market yields
| Rank | Fund | Reported yield | Change, pts |
|---|---|---|---|
| 1 | Zedcrest Money Market Fund Zedcrest Investment Managers | 22.77% | +0.08 |
| 2 | Trustbanc Money Market Fund Trustbanc Asset Management | 22.39% | +0.29 |
| 3 | Meristem Money Market Fund Meristem Wealth Management | 22.18% | −0.14 |
| 4 | ARM Money Market Fund ARM Investment Managers | 21.95% | −0.13 |
| 5 | Chapel Hill Denham Money Market Fund Chapel Hill Denham Management | 21.89% | −0.43 |
| 6 | AIICO Money Market Fund AIICO Capital | 21.73% | +0.85 |
| 7 | Emerging Africa Money Market Fund Emerging Africa Asset Management | 21.67% | −0.07 |
| 8 | Cordros Money Market Fund Cordros Asset Management | 21.49% | +0.49 |
| 9 | Norrenberger Money Market Fund Norrenberger Investment & Capital Management | 21.26% | −0.45 |
| 10 | EDC Money Market Fund Class B EDC Fund Management | 21.21% | +0.81 |
Biggest rises
| Fund | Reported yield | Change, pts |
|---|---|---|
| STL Money Market Fund STL Asset Management | 20.92% | +3.45 |
| Legacy Money Market Fund FCMB Asset Management | 20.15% | +2.01 |
| Vetiva Money Market Fund Vetiva Fund Managers | 20.70% | +1.91 |
Biggest falls
| Fund | Reported yield | Change, pts |
|---|---|---|
| Greenwich Plus Money Market Fund Greenwich Asset Management | 12.29% | −7.52 |
| PACAM Money Market Fund PAC Asset Management | 12.88% | −5.07 |
| Nova Prime Money Market Fund Novambl Asset Management | 20.20% | −3.54 |
Highest dollar fund yields
| Rank | Fund | Reported yield |
|---|---|---|
| 1 | Futureview Dollar Fund Futureview Asset Management | 11.44% |
| 2 | Vetiva USD Fixed Income Fund Vetiva Fund Managers | 9.98% |
| 3 | Lead Dollar Fixed Income Fund Lead Asset Management | 9.96% |
| 4 | Meristem Dollar Fund Meristem Wealth Management | 9.68% |
| 5 | Norrenberger Dollar Fund Norrenberger Investment & Capital Management | 9.51% |
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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