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

Coronation Money Market Fund

Managed by Coronation Asset 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 77.84B
Overall rank#17 of 199
Money Market Funds rank#11 of 47
Week-to-date yield
20.54%
Week-to-date
Year-to-date yield
20.54%
Year-to-date
Unitholders
18,582
Investor count
Fund share
0.83%
Share of total fund NAV
Performance trend

How Coronation Money Market Fund has moved

2026-06-052026-07-03 · 5 data points

Net asset value
4.55%
NGN 77.84B
Week-to-date yield
0.39 pp
20.54%
DateNAVWTD yieldYTD yield
2026-07-03NGN 77.84B20.54%20.54%
2026-06-26NGN 76.33B20.6%20.6%
2026-06-19NGN 75.54B20.6%20.6%
2026-06-11NGN 75.33B20.3%20.3%
2026-06-05NGN 74.46B20.15%20.15%
Fund profile

What stands out about Coronation Money Market Fund

The Coronation Money Market Fund is one of the larger funds in Nigeria's money market space, with a Net Asset Value (NAV) of ₦77.84B, placing it #20 of 222 funds overall and #11 of 47 in the Money Market Funds category. What makes this fund stand out right now is its Week-to-Date (WTD) yield of 20.54%, which is noticeably higher than the median WTD yield of 16.88% across all money market funds. That gap of roughly 3.66 percentage points means this fund is currently generating returns well above what a typical money market fund is offering. The fund also serves a broad base of 18,582 unitholders, suggesting it is widely used and trusted by a significant number of investors.

Looking at the fund's recent history, the trend has been consistently upward. The NAV has grown from ₦74.46B on 5 June 2026 to ₦77.84B by 3 July 2026, an increase of roughly ₦3.38B over just four weeks. The Year-to-Date (YTD) yield matches the WTD yield exactly at 20.54%, which reflects how this snapshot period captures the fund's current earning rate. The WTD yield has held relatively steady, moving from 20.15% in early June, dipping briefly, climbing to a peak of 20.60% on 19 and 26 June, and settling at 20.54% as of the latest data point. This narrow range suggests the fund's returns have been stable and consistent over this period, rather than swinging unpredictably.

Key insight: With a WTD yield of 20.54% against a category median of 16.88%, the Coronation Money Market Fund is currently delivering returns that are significantly above average for its fund type, while also growing steadily in size week on week.

Highest week-to-date yield among money market fundsNAV up 4 updates in a rowCoronation Asset Management Limited's largest fund by net assetsMore unitholders than 85% of money market funds

How it compares in its type

Week-to-date yield
20.54%
Higher than 98% of money market funds
This fundMoney Market Funds median
Net asset value
₦77.84B
Larger than 77% of money market funds
This fundMoney Market Funds median
Unitholders
18,582
More than 85% 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 rose over the last 4 SEC updates (₦74.46B on 2026-06-05 to ₦77.84B on 2026-07-03).
  • Week-to-date yield has held near 20.54%.
  • Added about 713 unitholders since 2026-06-05.

More from Coronation Asset Management Limited

Runs 4 funds tracked here, managing ₦79.39B in total.

Price Details

Bid price
NGN 1.00
Offer price
NGN 1.00
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
Coronation Asset Management Limited
CAC number
1290392
SEC file number
1755
Registered
2026-06-23
Fidelity bond expiry
2026-06-23
Phone
234 (0) 1 279 7640 - 43
Email
oadeoye@coronationam.com
Registered address
10, Amodu Ojikutu Street, , Victoria Island , Lagos

How to invest in Coronation 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 Coronation Money Market Fund?+

As of the SEC update on 2026-07-03, Coronation Money Market Fund reported a week-to-date yield of 20.54% and a year-to-date yield of 20.54%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.

How do I invest in Coronation Money Market Fund?+

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

Is Coronation Money Market Fund regulated in Nigeria?+

Coronation 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.