• TIS Team
Top 12 Investment Platforms in Nigeria (SEC-Registered)
Dozens of platforms now offer everything from US equities to treasury bills to Sharia-compliant portfolios, and the entry point for most is under ₦10,000...
cbnSECinvestment
Money Market FundsFigures updated 2026-07-03
Mango Naira Money Market Fund
Managed by Mango Asset Management LimitedVisit website ↗Compare this fund
A metric-led profile of this Nigerian mutual fund using the latest published fund figures.
Performance trend
How Mango Naira Money Market Fund has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 6.37B | 16.88% | 16.88% |
| 2026-06-26 | NGN 6.37B | 16.84% | 16.84% |
| 2026-06-19 | NGN 6.33B | 16.83% | 16.83% |
| 2026-06-11 | NGN 6.27B | 16.62% | 16.62% |
| 2026-06-05 | NGN 6.10B | 16.68% | 16.68% |
Fund profile
What stands out about Mango Naira Money Market Fund
The Mango Naira Money Market Fund has shown steady growth in its Net Asset Value (NAV) over the past month, climbing from ₦6.10B on 5 June 2026 to ₦6.37B by 3 July 2026, a rise of roughly 4.4% in fund size over that period. Its Week-to-Date (WTD) yield, which measures how much the fund has returned in the current week expressed as an annual rate, currently sits at 16.88%, matching the median WTD yield of 16.88% across all Money Market Funds in its category. This places the fund squarely in the middle of the pack for its peer group, ranked #28 of 47 among Money Market Funds and #82 of 222 across all fund types.
Looking at the recent history, the WTD yield dipped slightly from 16.68% in early June to 16.62% by 11 June, before recovering steadily to 16.83% on 19 June, 16.84% on 26 June, and reaching its current 16.88% as of 3 July 2026. The Year-to-Date (YTD) yield, which reflects performance across the year so far, also stands at 16.88%, consistent with the current weekly rate. The fund currently serves 1,040 unitholders, a relatively small community, which suggests it is still building its investor base despite its mid-tier ranking by fund size.
Key insight: The fund's WTD yield has recovered consistently over the past month and now sits exactly at the category median of 16.88%, meaning investors are currently getting a return that is neither above nor below what the typical Money Market Fund in Nigeria is offering.
How it compares in its type
Week-to-date yield
16.88%
Higher than 49% of money market funds
This fundMoney Market Funds median
Net asset value
₦6.37B
Larger than 40% of money market funds
This fundMoney Market Funds median
Unitholders
1,040
More than 45% of money market funds
This fundMoney Market Funds median
Bid-offer spread
₦0
Tighter than 0% of money market funds
Positions are based on SEC figures from 2026-07-03 and change as the data updates.
Recent movement
- •Net asset value is up 4.46% since 2026-06-05.
- •Week-to-date yield has held near 16.88%.
- •Added about 26 unitholders since 2026-06-05.
Price Details
- USD bid
- N/A
- USD offer
- N/A
About the manager
Matched to the SEC register of capital market operators.
Mango Asset Management Limited
- CAC number
- 1633002
- SEC file number
- 1893
- Registered
- 2026-06-23
- Fidelity bond expiry
- 2026-06-23
- Phone
- 07030839517
- jetadafe@mangoam.com
- Registered address
- 6th floor, Heritage Place 21 Lugard Avenue, Ikoyi, Lagos , Lagos State
How to invest in Mango Naira Money Market Fund
You invest through the fund manager. Always confirm they are SEC-registered and check current terms first. This is not investment advice.
Frequently asked questions
What is the current yield of Mango Naira Money Market Fund?+
As of the SEC update on 2026-07-03, Mango Naira Money Market Fund reported a week-to-date yield of 16.88% and a year-to-date yield of 16.88%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
How do I invest in Mango Naira Money Market Fund?+
You invest through the fund manager, Mango Asset Management Limited. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.
Is Mango Naira Money Market Fund regulated in Nigeria?+
Mango Naira Money Market Fund appears in the SEC's published collective investment scheme data, which covers SEC-registered funds. You can confirm the manager's current registration status on the Investment Safety Checker.
Similar Money Market Funds
Other money market funds ranked by NAV, largest first.
#1Money Market Funds
Stanbic IBTC Money Market Fund
Stanbic IBTC Asset Mgt. Limited
NAV
NGN 2.86T
Money Market Funds median NGN 9.58B
Share of total
30.71%
WTD yield
15.37%
Money Market Funds median 16.88%
YTD yield
15.37%
Unitholders
345,834
BidNGN 100.00
OfferNGN 100.00
SpreadNGN 0.00
#2Money Market Funds
First Asset Money Market Fund
First Asset Management Limited
NAV
NGN 729.15B
Money Market Funds median NGN 9.58B
Share of total
7.82%
WTD yield
15.18%
Money Market Funds median 16.88%
YTD yield
15.18%
Unitholders
42,669
BidNGN 100.00
OfferNGN 100.00
SpreadNGN 0.00
#3Money Market Funds
Guaranty Trust Money Market Fund
Guaranty Trust Fund Managers
NAV
NGN 532.35B
Money Market Funds median NGN 9.58B
Share of total
5.71%
WTD yield
17.47%
Money Market Funds median 16.88%
YTD yield
17.47%
Unitholders
50,428
BidNGN 100.00
OfferNGN 100.00
SpreadNGN 0.00
#4Money Market Funds
ARM Money Market Fund
ARM Investment Managers Limited
NAV
NGN 417.60B
Money Market Funds median NGN 9.58B
Share of total
4.48%
WTD yield
17.41%
Money Market Funds median 16.88%
YTD yield
17.41%
Unitholders
86,486
BidNGN 1.00
OfferNGN 1.00
SpreadNGN 0.00
Learn more
Build your investing knowledge
Courses and articles that explain how money market funds work and what to look for as an investor.
Courses
View courses
FreeBeginner
Compound Interest
Grow money by letting returns earn returns.
Enroll for free →
FreeBeginner
The Nigeria Capital Market
Know the system before you put your money in it. This course teaches you how investing works in Nigeria. It works you through the foundation so you can make more informed decisions.
Enroll for free →
Articles
Read articles
• TIS Team
How to Invest in Stanbic IBTC Money Market Fund in Nigeria
It is suitable for money you want to preserve, not money you want to gamble with. You can use it for emergency savings, rent planning, school fees, business cash reserves, or short-term investment goals.
money market fund
New to mutual fund terms?
Look up net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit., yield, bid-offer spreadThe difference between the price at which units can be sold and the price at which they can be bought., unitholders, and more in the glossary.