CardinalStone Money Market Fund

The CardinalStone Money Market Fund stands out as one of the stronger performers in its category, delivering a Week-to-Date (WTD) yield of 18.25%, which sits notably above the median WTD yield of 16.88% among the 47 Money Market Funds tracked. A money market fund pools investors' money into short-term, lower-risk instruments, and the yield reflects the annualised return generated over the recent period. With a Net Asset Value (NAV) of ₦30.55B, the fund ranks #35 of 222 across all fund types and #17 of 47 within the money market category, placing it comfortably in the top half of its peer group. Its 2,059 unitholders suggest a relatively focused investor base compared to some larger funds.

Looking at the fund's recent history, the NAV has grown steadily from ₦28.58B on 5 June 2026 to ₦30.55B on 3 July 2026, a rise of roughly ₦2B over four weeks. The WTD yield has moved in a range between 16.67% and 18.65% across that same period, dipping to its lowest point of 16.67% on 19 June before recovering strongly to 18.26% on 26 June and holding near that level at 18.25% in the most recent reading. The Year-to-Date (YTD) yield also stands at 18.25%, matching the current WTD figure, which indicates a consistent return profile without significant variation over the broader measurement window.