Cordros Money Market Fund

The Cordros Money Market Fund has shown a steady climb in weekly returns over the past month, rising from a Week-to-Date (WTD) yield of 15.96% on 5 June 2026 to 16.57% most recently, a gain of 0.61 percentage points over roughly four weeks. Its Net Asset Value (NAV), which represents the total value of everything the fund holds, currently stands at ₦45.15B, placing it at #28 of 222 funds overall and #14 of 47 within the Money Market Funds category. That category ranking puts it in roughly the top third of its peer group, a solid position for a fund managing assets at this scale. The fund serves 5,991 unitholders, meaning nearly six thousand investors currently have money placed in it.

While the fund's recent yield trend is encouraging, its current WTD yield of 16.57% sits slightly below the median WTD yield of 16.88% recorded across Money Market Funds peers, a gap of 0.31 percentage points. The NAV dipped marginally from ₦45.24B the previous week to ₦45.15B, a small movement that is common in money market funds as cash flows in and out. The Year-to-Date (YTD) yield of 16.57% matches the WTD figure exactly, which suggests the reporting period for both measures is currently aligned rather than indicating the fund has only operated for one week. Overall, the fund's trajectory over the past month points in a positive direction, even if it has not yet caught up to the midpoint of its category peers on yield.