First Ally Money Market Fund

The First Ally Money Market Fund is delivering a standout Week-to-Date (WTD) yield of 20.01%, which sits well above the median WTD yield of 16.88% among Money Market Funds (MMF) in its category, a gap of more than 3 percentage points. A money market fund pools money from many investors and places it in short-term, relatively safe instruments, so the yield here reflects what the fund is currently earning on those holdings. At #26 of 47 funds in the MMF category, the fund sits in the top half of its peer group, and this latest yield reading represents a notable jump from the 17.75% recorded just one week earlier on 2026-06-26.

The fund's Net Asset Value (NAV), which is the total value of everything the fund holds, has grown steadily over the past month, rising from ₦7.42B on 2026-06-05 to ₦8.64B on 2026-07-03, an increase of roughly ₦1.22B in under four weeks. This growth suggests that new money is flowing into the fund in addition to any earnings already being generated. Across all fund categories on the platform, the fund is ranked #78 of 222, placing it in the top third overall. With 2,514 unitholders currently invested, the fund is a mid-sized player, not the largest in its space, but its recent yield performance gives it a strong position relative to most of its MMF peers.