Stanbic IBTC Money Market Fund

The Stanbic IBTC Money Market Fund is the largest fund in Nigeria by assets, with a Net Asset Value (NAV) of ₦2.86T, ranking #1 of 222 funds overall and #1 of 47 in the Money Market Funds category. It serves 345,834 unitholders, making it a dominant force in the Nigerian investment landscape. Despite its size, its Week-to-Date (WTD) yield of 15.37% sits below the category median of 16.88%, a gap of 1.51 percentage points that signals larger peers in terms of performance are outpacing it on returns, even as this fund leads on total assets.

Looking at the fund's recent history, the WTD yield has been on a gentle but steady decline, moving from 15.41% on 5 June 2026 down to 15.37% by 3 July 2026, a drop of 0.04 percentage points over roughly four weeks. The Year-to-Date (YTD) yield mirrors the current WTD yield at 15.37%, which means the fund's return rate has been relatively consistent across the year so far. The NAV has stayed close to ₦2.86T through this period, with only minor week-to-week movement, suggesting the fund's size is stable even as the yield edges slightly lower.