FSL Money Market Fund

The FSL Money Market Fund, managed by FSL Asset Management Limited, currently holds a Net Asset Value (NAV) of ₦5.41B, placing it at #92 of 222 funds overall and #29 of 47 within the Money Market Funds category. Its most recent Week-to-Date (WTD) yield stands at 15.59%, which also matches its Year-to-Date (YTD) yield of 15.59%. That WTD figure sits below the median WTD yield of 16.88% recorded across all Money Market Funds peers, meaning roughly half the funds in this category are currently returning more. The fund serves 935 unitholders, a relatively small community compared to larger funds in the Nigerian market.

Looking at the recent history, the fund's NAV has moved in a narrow range, peaking at ₦5.55B on both 5 June 2026 and 26 June 2026, before dipping to its current ₦5.41B as of 3 July 2026. The yield, which tells you what percentage return the fund generated over the past week, improved from 14.87% in early June to a steady 16.00% across three consecutive weeks, before easing slightly to 15.59% in the most recent reading. This small pullback in both NAV and yield over the latest week is worth watching, as it breaks the stable pattern that had held for the previous three weeks.