United Capital Money Market Fund

The United Capital Money Market Fund is one of Nigeria's largest funds by size, holding a Net Asset Value (NAV) of ₦241.12B and ranking #7 of 222 funds overall, and #5 of 47 within the Money Market Funds category. That scale reflects the trust of 95,314 unitholders who have pooled their savings here. Over recent weeks, the fund's NAV climbed from ₦226.45B on 5 June 2026 to a peak of ₦249.56B on 19 June before settling back to ₦241.12B by 3 July, suggesting some movement in and out of the fund rather than a straight-line growth story. Despite that fluctuation, the Week-to-Date (WTD) yield has steadily ticked upward from 15.13% in early June to 15.56% now, and the Year-to-Date (YTD) yield matches that same figure of 15.56%.

While a WTD yield of 15.56% is a positive return, it currently sits below the median WTD yield of 16.88% among all Money Market Funds in its peer group, meaning roughly half of comparable funds are currently generating higher returns for their investors. The gap between this fund's yield and the category median is 1.32 percentage points, which is worth noting given how competitive the money market space is. That said, the fund's size advantage, ranking #5 of 47 in its category by NAV, suggests it benefits from strong investor confidence and liquidity, which are qualities that matter when you need to access your money quickly. The yield trend is moving in the right direction, rising consistently over the past five weeks.