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About the fund
Low Risk
Money Market Fund

The Stanbic IBTC Money Market Fund aims to achieve both stable income generation and capital preservation by investing 100% of the portfolio assets in high quality short-term securities such as Treasury Bills, Commercial Papers and Fixed Deposits that are rated “BBB” and above.

Yield-to-date returns graph (YTD%)
DWMY
  • YTD Value
  • Benchmark Value
0.00 0.00 0.02 0.02 0.04 0.04 0.06 0.06 0.08 0.08 0.10 0.10 0.12 0.12 0.14 0.14 0.16 0.16 0.18 0.18 0.20 0.20
Fund Information
Min Amount
₦5,000
Max Amount
₦500,000,000
Yield-to-date
0.2%
Management fee
1%
Processing time
48 Hours
Fund size
N/A
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
Principal plus Interest, With Top-up
Permit Early termination
Yes
Minimum tenor
1 Months
Maximum tenor
600 Months
Launch date
Feb 11, 2024
Status of fund
Open Ended
Transaction fee
1%
Expense ratio
N/A
Age limit
10 - 65 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 the Apply 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

Dividend is paid only after profit is declared at the end of the financial year. Profit is determined based on fund performance in the market and it is distributed to each investor depending on the units held in fund at the end of the financial year.

Risk return rating graph (%)
MQY
  • Sharpe
  • Treynor
  • Jensen
  • Sortino

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All rights reserved. © 2024 AfricaCompare Limited
All rights reserved. © 2024AfricaCompare Limited
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