Apps distributing managed funds
Nigeria Money Market Platform Structure Map
Follow money from an investmentAn asset or commitment of money made with the expectation of future income, growth, or both. app into the underlying money market fundA mutual fund that invests mainly in short-term, relatively liquid instruments such as treasury bills and deposits. and distinguish the platform, fund managerThe licensed firm responsible for investment decisions and day-to-day management of a fund., trustee, custodian, registrar, and SEC.
Responsibility chain
Stage 01
Look beyond the app brand
The app may offer its own managed product, distribute a third-party mutual fundA pooled investment vehicle that combines money from many investors into one professionally managed portfolio., or show a bank placement. The legal product determines every later responsibility.
Who is responsible at this stage?
Choose a lane, then inspect a highlighted participant.
Look here first: inspect You.
Swipe left or right to change stages, or use the arrow buttons.
Follow the four lanes
Money
No money moves until the legal product and receiving account are identified.
Assets
The intended asset may be fund units rather than direct Treasury Bills or a bank deposit.
Records
Fund name, manager, trustee, custodianA licensed institution that safeguards a fund's cash and securities separately from the manager's own assets., fees, and redemptionThe process of selling fund units back to the fund in exchange for cash. terms should be disclosed.
Oversight
SEC regulates relevant schemes and capital-market operators.
Currently following: Money
No money moves until the legal product and receiving account are identified.
Before you commit money
The responsibility test
Underlying product
Name the fund, manager, trustee, and custodianA licensed institution that safeguards a fund's cash and securities separately from the manager's own assets..
Ownership evidence
Keep statements that remain useful if the app disappears.
LiquidityThe ease and speed with which an investment can be converted into cash without a major price concession. promise
Distinguish target redemptionThe process of selling fund units back to the fund in exchange for cash. timelines from guaranteed instant access.
Sources for this stage
These sources support the current stage. Verify later amendments and the specific product documents before acting.
Content reviewed: 11 June 2026
Educational information only. Exact arrangements vary by product and provider and may change. Regulation, quotation, listing, custody, or deposit insurance does not eliminate investment risk.