Cordros Money Market Fund
Managed by Cordros Asset Management LimitedVisit website ↗
A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.
How to read Cordros Money Market Fund
Cordros Money Market Fund is a money market funds managed by Cordros Asset Management Limited. It holds NGN 43.14B in net assets, ranking #25 out of 199 mutual funds and #14 out of 47 similar funds.
Money market funds generally focus on short-term fixed income instruments, so investors usually read them through yield consistency, liquidity, and the stability of their unit price.
Currently, Cordros Money Market Fund's reported year-to-date yield is 16.1% and its reported week-to-date yield is 16.1%. Treat these as yield indicators for comparison, not as proof that the fund earned 16.1% in one week or delivered a cumulative 16.1% investor return year to date.
The bid price is NGN 100.00 and the offer price is NGN 100.00, leaving a spread of NGN 0.00. A wider spread can matter for entry and exit pricing, so it should be checked against the manager's current dealing terms.
5,923 unitholders is useful context, but it should be read with NAV because a smaller holder count can still represent meaningful institutional or high-ticket participation. The fund accounts for 0.47% of total fund NAV and 0.75% of funds with the same type.
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
Compared With Similar Funds
How this fund compares with other money market funds.
Similar Funds
Other money market funds ordered by NAV.