ValuAlliance Money Market Fund

The ValuAlliance Money Market Fund currently sits in the lower half of its category, ranked #33 of 47 among Money Market Funds, with a Net Asset Value (NAV) of ₦3.17B. Its most recent Week-to-Date (WTD) yield of 15.09% trails the category median of 16.88%, meaning that on average, peer funds in the same category are returning more to investors each week. With a Year-to-Date (YTD) yield also sitting at 15.09%, the fund's returns have been fairly consistent but have not pulled ahead of the pack. The fund serves a relatively small community of 169 unitholders, which suggests it is a less widely held option compared to larger funds in the space.

Looking at the recent history, the fund's NAV has been drifting downward from ₦3.33B on 5 June 2026 to a low of ₦3.15B on 26 June 2026, before a slight recovery to ₦3.17B on 3 July 2026. Over the same period, the WTD yield has moved in a narrow band, dipping as low as 14.55% on 19 June 2026 before climbing to its current level of 15.09%. A money market fund works by pooling investors' money into short-term, lower-risk instruments such as treasury bills and fixed deposits, so it aims to preserve value while generating steady returns. The recent yield improvement is a positive sign, but the fund still has ground to cover before matching the broader category median.