EDC Money Market Fund Class B

The EDC Money Market Fund Class B currently holds a Net Asset Value (NAV) of ₦9.58B, ranking #74 of 222 funds overall and #24 of 47 within the Money Market Funds category. One notable development in the recent data is a sharp drop in NAV from ₦10.40B on 2026-06-11 to ₦9.56B on 2026-06-19, a decline of roughly ₦840M in a single week, after which the fund has stabilised and posted a modest recovery to ₦9.58B by 2026-07-03. Despite this NAV movement, the Week-to-Date (WTD) yield, which measures how much the fund returned over the past week as an annualised percentage, has remained remarkably steady, moving in a tight range between 15.45% and 15.51% across the full period shown.

On the yield front, the fund's current WTD yield of 15.51% sits below the median WTD yield of 16.88% recorded across all Money Market Funds, meaning roughly half of its peers are currently delivering higher returns. The Year-to-Date (YTD) yield also stands at 15.51%, matching the WTD figure exactly, which suggests the fund's performance has been consistent rather than driven by a single strong week. With only 50 unitholders, this is a relatively small investor base for a fund of this size, which could simply reflect the fund's Class B structure being aimed at fewer, larger investors rather than the general public.