About the fund
Low Risk
Money Market 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%)
DWMY
  • YTD Value
  • Benchmark Value
0 0 2 2 4 4 6 6 8 8 10 10 12 12
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
International Passport
National Identification Card
Bank Account
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 estimation
How much would you like to invest?
5000
Tenor (Months)
Yield-to-date returns
Maturity Date
Total investment return

Investment Summary

How to earn

Quarterly income distributions

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All rights reserved. © 2025AfricaCompare Limited
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