Nigerian Mutual Funds/Apel Wealth Money Market Fund
Money Market FundsFigures updated 2026-07-03

Apel Wealth Money Market Fund

Managed by Apel Wealth Management LimitedVisit website ↗Compare this fund

A metric-led profile of this Nigerian mutual fund using the latest published fund figures.

Net asset value
NGN 1.51B
Overall rank#129 of 199
Money Market Funds rank#42 of 47
Week-to-date yield
18.1%
Week-to-date
Year-to-date yield
18.1%
Year-to-date
Unitholders
176
Investor count
Fund share
0.02%
Share of total fund NAV
Performance trend

How Apel Wealth Money Market Fund has moved

2026-06-052026-07-03 · 5 data points

Net asset value
9.48%
NGN 1.51B
Week-to-date yield
2.34 pp
18.1%
DateNAVWTD yieldYTD yield
2026-07-03NGN 1.51B18.1%18.1%
2026-06-26NGN 1.51B16.56%16.56%
2026-06-19NGN 1.54B15.96%15.96%
2026-06-11NGN 1.40B14.93%14.93%
2026-06-05NGN 1.38B15.76%15.76%
Fund profile

What stands out about Apel Wealth Money Market Fund

The Apel Wealth Money Market Fund's most notable story right now is its yield, which stands at 18.10% on a Week-to-Date (WTD) basis, placing it above the median WTD yield of 16.88% for Money Market Funds in its peer group. That gap of roughly 1.22 percentage points means the fund is currently generating returns faster than more than half of its category peers. The Year-to-Date (YTD) yield also sits at 18.10%, matching the WTD figure, which reflects how recently this performance level was reached. Despite ranking #42 of 47 within the Money Market Fund category by Net Asset Value (NAV), the fund's yield performance tells a more competitive story than its size ranking alone would suggest.

Looking at the recent history, the fund's NAV grew from ₦1.38B on 5 June 2026 to a recent peak of ₦1.54B on 19 June 2026, before settling at ₦1.51B as of 3 July 2026. Over the same period, the WTD yield dipped as low as 14.93% on 11 June 2026 before climbing steadily to the current 18.10%, its highest point in the tracked window. The fund is relatively small, with only 176 unitholders and an overall NAV ranking of #146 of 222 across all fund types, meaning fewer investors currently participate in it compared to many peers. The combination of a rising yield trend and an above-median return rate makes the current snapshot worth noting for anyone comparing options within the Money Market Fund category.

Key insight: Despite being one of the smaller funds in its category by size, Apel Wealth Money Market Fund is currently yielding 18.10%, which beats the category median of 16.88% and represents its strongest weekly return in the past month.

How it compares in its type

Week-to-date yield
18.10%
Higher than 77% of money market funds
This fundMoney Market Funds median
Net asset value
₦1.51B
Larger than 11% of money market funds
This fundMoney Market Funds median
Unitholders
176
More than 15% of money market funds
This fundMoney Market Funds median
Bid-offer spread
₦0
Tighter than 0% of money market funds

Positions are based on SEC figures from 2026-07-03 and change as the data updates.

Recent movement

  • Net asset value is up 9.48% since 2026-06-05.
  • Week-to-date yield has moved from 15.76% to 18.10%.
  • Added about 15 unitholders since 2026-06-05.

Price Details

Bid price
NGN 100.00
Offer price
NGN 100.00
Spread
NGN 0.00
USD NAV
N/A
USD bid
N/A
USD offer
N/A

About the manager

Matched to the SEC register of capital market operators.

ACTIVE
Apel Wealth Management Limited
CAC number
00199327
SEC file number
2099
Registered
2026-06-23
Fidelity bond expiry
2026-06-23
Phone
07046277071
Email
compliance@apel.ng
Registered address
8, Alhaji Bashorun Street , Off Norman Wiliams Street , South West Ikoyi , Lagos

How to invest in Apel Wealth Money Market Fund

You invest through the fund manager. Always confirm they are SEC-registered and check current terms first. This is not investment advice.

Frequently asked questions

What is the current yield of Apel Wealth Money Market Fund?+

As of the SEC update on 2026-07-03, Apel Wealth Money Market Fund reported a week-to-date yield of 18.1% and a year-to-date yield of 18.1%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.

How do I invest in Apel Wealth Money Market Fund?+

You invest through the fund manager, Apel Wealth Management Limited. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.

Is Apel Wealth Money Market Fund regulated in Nigeria?+

Apel Wealth Money Market Fund appears in the SEC's published collective investment scheme data, which covers SEC-registered funds. You can confirm the manager's current registration status on the Investment Safety Checker.

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New to mutual fund terms?

Look up net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit., yield, bid-offer spreadThe difference between the price at which units can be sold and the price at which they can be bought., unitholders, and more in the glossary.

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Educational use only. This is not investmentAn asset or commitment of money made with the expectation of future income, growth, or both. advice. Check the fund managerThe licensed firm responsible for investment decisions and day-to-day management of a fund.'s latest factsheet, fees, minimum investment, redemptionThe process of selling fund units back to the fund in exchange for cash. terms, and current price before making any investment decision.