Nigerian Mutual Funds/EDC Money Market Fund Class B
Money Market FundsSEC mutual fund figures updated 2026-05-22

EDC Money Market Fund Class B

Managed by EDC Fund Management Limited

A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.

Net asset value
NGN 10.05B
Overall rank#66 of 199
Fund type rank#24 of 47
Week-to-date yield
15.48%
Week-to-date
Year-to-date yield
15.48%
Year-to-date
Unitholders
50
Investor count
Fund share
0.11%
Share of total fund NAV
Fund profile

How to read EDC Money Market Fund Class B

EDC Money Market Fund Class B is a money market funds managed by EDC Fund Management Limited. It holds NGN 10.05B in net assets, ranking #66 out of 199 mutual funds and #24 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, EDC Money Market Fund Class B's reported year-to-date yield is 15.48% and its reported week-to-date yield is 15.48%. Treat these as yield indicators for comparison, not as proof that the fund earned 15.48% in one week or delivered a cumulative 15.48% investor return year to date.

The bid price is NGN 1,000,000.00 and the offer price is NGN 1,000,000.00, 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.

50 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 0.11% of total fund NAV and 0.17% of funds with the same type.

Price Details

Bid price
NGN 1,000,000.00
Offer price
NGN 1,000,000.00
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 NAV
NGN 5.75T
Share of similar funds
0.17%
Share of this type
0.17%

Similar Funds

Other money market funds ordered by NAV.

View similar funds
Educational use only. This is not investment advice. Check the fund manager's latest factsheet, fees, minimum investment, redemption terms, and current price before making any investment decision.