About the fund
The FBN Money Market Fund is an open-ended mutual fund that invests in a diverse portfolio of short-term, high-quality money market instruments such as Treasury Bills, Commercial Papers, Bankers Acceptances, and Certificates of Deposit issued by rated Nigerian banks.
Yield-to-date returns graph (YTD%)
- YTD Value
- Benchmark Value
Fund Information
Min Amount
₦5,000
Max Amount
₦100,000,000
Yield-to-date
12.5%
Management fee
1.5%
Processing time
48 Hours
Fund size
40bn
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
Principal plus Interest, With Top-up, Principal Only
Permit Early termination
Yes
Minimum tenor
6 Months
Maximum tenor
12 Months
Launch date
Feb 11, 2019
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 85 years
Provider's page
view provider
Nature of fund
Short Term Instruments:
Fund manager
N/A
Product available in
Nigeria
States present
36
Requirements
How to invest
Click on open account button
Click on the Invest to begin your investment journey
Calculator
Please note that whatever you calculate is just an estimationInvestment Summary
First Bank Nigeria - FBN Money Market Fund
How to earn
Quarterly income distributions
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Company
Contact
Alagomeji-Yaba, Lagos.
Contact
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States Present (36)
Taraba
Katsina
Kebbi
Kogi
Kwara
Lagos
Nasarawa
Yobe
Niger
Ondo
Osun
Oyo
Plateau
Rivers
Sokoto
Kano
Ogun
Kaduna
Imo
Abia
Adamawa
Akwa Ibom
Anambra
Bauchi
Bayelsa
Benue
Borno
Cross River
Delta
Ebonyi
Edo
Ekiti
Zamfara
Gombe
Jigawa
Enugu
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