Risk 1 of 5
Money Market Fund
Treasury bills, bank placements and high quality commercial paper with less than a year to run. Emergency savings, money you may need soon, or a calm place to park cash between plans.
- Unit price
- ₦1.0000
- Example yield
- 21.4%
- Minimum
- ₦5,000
- Withdrawals
- 1 working day
What it holds
- Treasury bills46%
- Bank placements32%
- Commercial paper18%
- Cash4%
Asset mix at the end of October 2026. Example figures.
Unit price, five years
Year by year
| Year | Return |
|---|---|
| 2021 | +8.9% |
| 2022 | +10.4% |
| 2023 | +12.1% |
| 2024 | +18.6% |
| 2025 | +22.3% |
Example rates and figures for this demo. The value of investments can fall as well as rise, past performance is not a guide to the future and returns are not promised.
Who it suits
Is this fund right for you
Suits
Emergency savings, money you may need soon, or a calm place to park cash between plans.
Think twice if
You are saving for something ten or more years away. Over long periods, growth funds have more room to beat inflation.
Fees and dealing
What it costs and how it works
| Item | Detail |
|---|---|
| Annual management fee | 0.75% a year, taken from the fund |
| Entry charge | None |
| Exit charge | None after 90 days, 1% before |
| Dealing | Orders before 2pm get that day's 5pm price |
| Withdrawals | 1 working day to your bank |
| Fund size | ₦42.6bn (example) |
Questions
About this fund
The fund's assets are valued at 5pm each working day, fees are taken off, and the total is divided by the number of units.
Yes. Set up a monthly top up from ₦5,000 by card or transfer through Receivly.
The monthly fact sheet lists the top ten holdings and the full mix.
Other funds
Compare with
Fixed Income Fund
Federal and state government bonds plus carefully chosen corporate bonds, held for steady income.
Balanced Fund
A mix of shares, bonds, money market and a slice of listed real estate, rebalanced every quarter.
Equity Fund
Shares in well run Nigerian companies, chosen for strong cash flow and fair prices.
Invest in the Money Market Fund
Open an account online in about ten minutes, then invest by card or transfer through Receivly.