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Money Market FundsFigures updated 2026-07-03
Zenith Money Market Fund
Managed by Zenith Asset Management LtdVisit website ↗Compare this fund
A metric-led profile of this Nigerian mutual fund using the latest published fund figures.
Performance trend
How Zenith Money Market Fund has moved
2026-06-05 – 2026-07-03 · 5 data points
| Date | NAV | WTD yield | YTD yield |
|---|---|---|---|
| 2026-07-03 | NGN 157.45B | 16.24% | 16.24% |
| 2026-06-26 | NGN 158.41B | 16.21% | 16.21% |
| 2026-06-19 | NGN 157.93B | 15.81% | 15.81% |
| 2026-06-11 | NGN 156.79B | 15.65% | 15.65% |
| 2026-06-05 | NGN 155.71B | 15.81% | 15.81% |
Fund profile
What stands out about Zenith Money Market Fund
Zenith Money Market Fund has been on a steady upward path in terms of yield over the past month, with its Week-to-Date (WTD) yield climbing from 15.65% on 11 June 2026 to 16.24% as of 3 July 2026, the highest point in the recent five-week window. The fund's Net Asset Value (NAV) has broadly grown over the same period, rising from ₦155.71B to a peak of ₦158.41B before settling at ₦157.45B, which places it at #12 of 222 funds overall and #7 of 47 within the Money Market Funds category. With 8,780 unitholders, it is a sizeable fund by participation, indicating a meaningful level of investor trust in this vehicle.
Despite the positive yield momentum, Zenith Money Market Fund's current WTD yield of 16.24% sits slightly below the median WTD yield of 16.88% recorded across all Money Market Funds in its peer group. A median is the middle value when all funds are ranked from lowest to highest, meaning roughly half of the 47 money market funds in this category are currently returning more than Zenith's rate. Its Year-to-Date (YTD) yield also stands at 16.24%, consistent with its latest weekly figure, suggesting the fund has maintained a relatively stable return profile through the year so far rather than experiencing sharp swings.
Key insight: While Zenith Money Market Fund's yield has been rising steadily and its NAV places it among the top funds overall, it currently yields slightly below the peer group median of 16.88%, meaning investors comparing money market options may find marginally higher returns elsewhere in the same category.
Zenith Asset Management Ltd's largest fund by net assetsLarger than 85% of money market funds
How it compares in its type
Week-to-date yield
16.24%
Higher than 30% of money market funds
This fundMoney Market Funds median
Net asset value
₦157.45B
Larger than 85% of money market funds
This fundMoney Market Funds median
Unitholders
8,780
More than 77% of money market funds
This fundMoney Market Funds median
Bid-offer spread
₦0
Tighter than 0% of money market funds
Positions are based on SEC figures from 2026-07-03 and change as the data updates.
Recent movement
- •Net asset value is up 1.12% since 2026-06-05.
- •Week-to-date yield has moved from 15.81% to 16.24%.
- •Added about 177 unitholders since 2026-06-05.
More from Zenith Asset Management Ltd
Runs 3 funds tracked here, managing ₦167.33B in total.
Price Details
- USD bid
- N/A
- USD offer
- N/A
Key facts
Details sourced from the fund manager's website.
Objective: The Fund seeks to provide current income while maintaining liquidity and a stable price of ₦1 for all classes of investors that value liquidity and security of assets. Scheme Description The Fund seeks to provide current income while maintaining liquidity and a stable price of ₦1 for all classes of investors that value liquidity and security of assets.
- Benchmark
- Weighted 91 Days Treasury Bills rate
- Custodian
- Stanbic Nominees Limited
- Minimum investment
- ₦10,000
About the manager
Matched to the SEC register of capital market operators.
Quantum Zenith Asset Management & Investments Limited
- CAC number
- 639351
- SEC file number
- 1694
- Registered
- 2026-06-23
- Fidelity bond expiry
- 2026-06-23
- Phone
- 01 2784219, 09031100041
- service@quantumzenithasset.com.ng
- Registered address
- Plot 2, Ajose Adeogun Street , Victoria Island , Lagos
How to invest in Zenith Money Market Fund
You invest through the fund manager. Always confirm they are SEC-registered and check current terms first. This is not investment advice.
Frequently asked questions
What is the current yield of Zenith Money Market Fund?+
As of the SEC update on 2026-07-03, Zenith Money Market Fund reported a week-to-date yield of 16.24% and a year-to-date yield of 16.24%. Yields move over time and are published as indicators for comparison, not as a guaranteed future return.
What is the minimum investment for Zenith Money Market Fund?+
Zenith Asset Management Ltd lists a minimum investment of ₦10,000 for Zenith Money Market Fund. Confirm the current figure directly with the manager before investing, as minimums can change.
How do I invest in Zenith Money Market Fund?+
You invest through the fund manager, Zenith Asset Management Ltd. Visit their website to get started. Check current terms including minimum investment and fees before proceeding.
Is Zenith Money Market Fund regulated in Nigeria?+
Zenith Money Market Fund appears in the SEC's published collective investment scheme data, which covers SEC-registered funds. You can confirm the manager's current registration status on the Investment Safety Checker.
Similar Money Market Funds
Other money market funds ranked by NAV, largest first.
#1Money Market Funds
Stanbic IBTC Money Market Fund
Stanbic IBTC Asset Mgt. Limited
NAV
NGN 2.86T
Money Market Funds median NGN 9.58B
Share of total
30.71%
WTD yield
15.37%
Money Market Funds median 16.88%
YTD yield
15.37%
Unitholders
345,834
BidNGN 100.00
OfferNGN 100.00
SpreadNGN 0.00
#2Money Market Funds
First Asset Money Market Fund
First Asset Management Limited
NAV
NGN 729.15B
Money Market Funds median NGN 9.58B
Share of total
7.82%
WTD yield
15.18%
Money Market Funds median 16.88%
YTD yield
15.18%
Unitholders
42,669
BidNGN 100.00
OfferNGN 100.00
SpreadNGN 0.00
#3Money Market Funds
Guaranty Trust Money Market Fund
Guaranty Trust Fund Managers
NAV
NGN 532.35B
Money Market Funds median NGN 9.58B
Share of total
5.71%
WTD yield
17.47%
Money Market Funds median 16.88%
YTD yield
17.47%
Unitholders
50,428
BidNGN 100.00
OfferNGN 100.00
SpreadNGN 0.00
#4Money Market Funds
ARM Money Market Fund
ARM Investment Managers Limited
NAV
NGN 417.60B
Money Market Funds median NGN 9.58B
Share of total
4.48%
WTD yield
17.41%
Money Market Funds median 16.88%
YTD yield
17.41%
Unitholders
86,486
BidNGN 1.00
OfferNGN 1.00
SpreadNGN 0.00
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money market fund
New to mutual fund terms?
Look up net asset valueThe value of a fund's assets minus its liabilities, usually expressed in total and per unit., yield, bid-offer spreadThe difference between the price at which units can be sold and the price at which they can be bought., unitholders, and more in the glossary.