Nigerian Mutual Funds/First Asset Money Market Fund
Money Market FundsSEC mutual fund figures updated 2026-05-22

First Asset Money Market Fund

Managed by First Asset Management LimitedVisit website ↗

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

Net asset value
NGN 726.34B
Overall rank#3 of 199
Fund type rank#2 of 47
Week-to-date yield
15.88%
Week-to-date
Year-to-date yield
15.88%
Year-to-date
Unitholders
41,571
Investor count
Fund share
7.97%
Share of total fund NAV
Fund profile

How to read First Asset Money Market Fund

First Asset Money Market Fund is a money market funds managed by First Asset Management Limited. It holds NGN 726.34B in net assets, ranking #3 out of 199 mutual funds and #2 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, First Asset Money Market Fund's reported year-to-date yield is 15.88% and its reported week-to-date yield is 15.88%. Treat these as yield indicators for comparison, not as proof that the fund earned 15.88% in one week or delivered a cumulative 15.88% 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.

41,571 unitholders gives this fund a visible investor base while still leaving room to compare distribution strength with larger peers. The fund accounts for 7.97% of total fund NAV and 12.63% 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 NAV
NGN 5.75T
Share of similar funds
12.63%
Share of this type
12.63%

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.