GDL Money Market Fund

The GDL Money Market Fund, managed by Growth & Development Asset Management Limited, currently holds a Net Asset Value (NAV) of ₦2.13B, placing it at #130 of 222 funds overall and #39 of 47 within the Money Market Funds category. Its Week-to-Date (WTD) yield sits at 16.85%, which is just a hair below the median WTD yield of 16.88% across all Money Market Funds peers, a gap of only 0.03 percentage points. With a Year-to-Date (YTD) yield also at 16.85%, the fund is delivering a consistent return that keeps it firmly in the middle of its competitive field.

Looking at the fund's recent history, the NAV has held steady around the ₦2.10B to ₦2.15B range over the past month, reflecting a stable pool of assets rather than dramatic swings. The WTD yield dipped to a low of 16.48% on 11 June 2026 before climbing back to its current high of 16.85% as of 3 July 2026, suggesting a modest but encouraging recovery in returns over the period. The fund currently serves 571 unitholders, a relatively modest community, which means it is a smaller, less crowded fund compared to many peers in its category.