← A Covorn template · Asset management website Make it mine

Markets, November 2026

Rates have peaked. What that means for your savings

After two years of rising rates, the signs point to a slow fall. Here is how we are positioning our funds, and what you might consider.

A man writing notes at a desk
A modern meeting room with a long table

Where we are

Interest rates rose sharply through 2024 and 2025 as the central bank fought inflation. Treasury bill yields reached levels not seen in a generation, and money market funds paid more than they had for years.

What has changed

Inflation has eased for six months in a row and government borrowing costs have started to dip. History suggests rates fall slowly, but they do fall.

What we are doing

In the Fixed Income Fund we are buying longer bonds to lock in today's yields for longer. In the Money Market Fund we are extending maturities a little, within the fund's limits.

What it means for you

Money market yields are likely to drift lower over the next year. If your goal is three or more years away, it may be time to look at the Fixed Income or Balanced funds. Speak to us before moving money.

The usual caution

Nobody knows exactly when or how far rates will move. This is our view, not a promise, and it is not personal advice.

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. This is general commentary, not personal advice.

In short

  • Where we are
  • What has changed
  • What we are doing
  • What it means for you
  • The usual caution

Questions

Readers ask

Next read

School fees without the September panic

A simple three bucket plan for parents, from nursery to university, with worked naira examples.

Put the idea to work

Talk to an adviser about your own situation, or try the goal planner.

Open an accountSpeak to an adviser