SCM Capital Money Market Fund

The SCM Capital Money Market Fund has shown steady growth over the past month, with its Net Asset Value (NAV) rising from ₦2.23B on 5 June 2026 to ₦2.54B by 3 July 2026, a climb of roughly 14% in under four weeks. Its current Week-to-Date (WTD) yield stands at 16.60%, which also matches its Year-to-Date (YTD) yield of 16.60%. Among the 47 money market funds tracked, the fund sits at #35, meaning most peers are ranked above it in this category. The category median WTD yield is 16.88%, placing this fund slightly below the midpoint of what similar funds are currently returning.

With 580 unitholders and an overall ranking of #120 of 222 across all fund types, this is a relatively small fund by both size and investor count. The yield has remained remarkably stable in recent weeks, moving in a narrow band between 16.55% and 16.67% since early June, which suggests the fund is investing in short-term, lower-risk instruments (assets that mature quickly and carry less price volatility). The gap between its current yield and the category median is slim at just 0.28 percentage points, so while the fund trails its peers slightly, it is not far behind. The consistent NAV growth alongside a stable yield could indicate the fund is attracting fresh capital from investors.