AVA GAM Money Market Fund

The AVA GAM Money Market Fund is currently delivering a Week-to-Date (WTD) yield of 17.20%, which sits above the median WTD yield of 16.88% across all Money Market Funds (MMF) in its category. This means the fund is generating returns at a slightly better rate than more than half of its peers. Its Year-to-Date (YTD) yield also stands at 17.20%, matching its WTD figure exactly, which suggests the fund has been consistent in its performance over the period measured. The fund holds a Net Asset Value (NAV) of ₦2.29B, placing it at #125 of 222 funds overall and #37 of 47 within the MMF category, meaning it sits in the lower half of its peer group by fund size.

Looking at the fund's recent history, the NAV has grown from ₦2.23B on 5 June 2026 to ₦2.29B on 3 July 2026, reflecting a gradual increase in the total value of assets the fund manages. There was a brief dip from ₦2.35B on 19 June to ₦2.30B on 26 June, before settling at the current level, which shows some week-to-week fluctuation, a normal feature of money market funds. The WTD yield has also moved within a narrow band, rising from 17.00% in early June, dipping slightly to 17.12% on 26 June, and recovering to 17.20% most recently. With only 597 unitholders, this is a relatively small fund by investor count, which could mean it is still building its base.