STL Money Market Fund

The STL Money Market Fund stands out as a strong performer within its category, delivering a Week-to-Date (WTD) yield of 19.70% against a median WTD yield of 16.88% among Money Market Funds (MMF), placing it 2.82 percentage points above the midpoint for its peers. A money market fund pools investor money into short-term, relatively low-risk instruments, and the yield reflects the annualised return generated over the recent period. With a Year-to-Date (YTD) yield also at 19.70%, the fund has maintained a consistent return profile so far this year. It currently holds a Net Asset Value (NAV) of ₦16.24B, ranking #21 of 47 funds in the MMF category and #52 of 222 across all fund types, placing it comfortably in the upper half of the broader market.

Looking at the fund's recent history, the NAV has grown from ₦15.28B on 5 June 2026 to a peak of ₦16.33B on 26 June 2026 before settling slightly to ₦16.24B on 3 July 2026, representing overall NAV growth of roughly 6.3% over that four-week period. The WTD yield has also been notably stable, fluctuating only within a narrow band between 19.42% and 19.70% across the five most recent data points. This consistency suggests the fund has been generating returns steadily rather than through a single spike. The fund currently serves 1,790 unitholders, which is a relatively focused investor base, meaning each unitholder's contribution plays a meaningful role in the fund's total size.