Stanbic IBTC Money Market Fund
Managed by Stanbic IBTC Asset Mgt. LimitedVisit website ↗
A metric-led profile of this Nigerian mutual fund using SEC mutual fund figures.
How to read Stanbic IBTC Money Market Fund
Stanbic IBTC Money Market Fund is a money market funds managed by Stanbic IBTC Asset Mgt. Limited. It holds NGN 2.78T in net assets, ranking #1 out of 199 mutual funds and #1 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, Stanbic IBTC Money Market Fund's reported year-to-date yield is 15.74% and its reported week-to-date yield is 15.74%. Treat these as yield indicators for comparison, not as proof that the fund earned 15.74% in one week or delivered a cumulative 15.74% 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.
329,074 unitholders gives this fund broad retail participation relative to many products in the fund universe. The fund accounts for 30.5% of total fund NAV and 48.35% 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
Other money market funds ordered by NAV.