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Money market fund
Zedcrest Money Market Fund CalculatorEstimate your naira growth
See how your money could grow with daily compounding in the Zedcrest Money Market Fund. Adjust your starting amount and monthly top-ups to see how the numbers change. Figures are estimates.
Week-to-date rate
18.01%
nominal per annum
≈ 19.73% effective p.a.
ⓘ Based on the latest published week-to-date rate (2026-06-19). Rates change over time — this projection applies the displayed rate across the full period.
Build your projection
Investment period
3 years
Assumes monthly top-ups every 30 days. Applies the week-to-date nominal annual rate with daily compounding; the effective rate reflects what that rate produces after one full year.
Your estimated balance
NGN 2,548,916
after 3 years · interest earned: NGN 648.92K
You contributedEstimated returns
1 month
NGN 151.49K
+NGN 1.49K
6 months
NGN 420.69K
+NGN 20.69K
1 year
NGN 773.07K
+NGN 73.07K
3 years
NGN 2.55M
+NGN 648.92K
Open a Zedcrest Money Market Fund account ↗
You'll continue on Zedcrest's website.
Important: Money market fund rates change frequently. This tool uses the latest available week-to-date rate as a starting point, but future daily rates may be higher or lower, so the projected balance is an estimate, not a guaranteed return.
How this estimate works+
We apply the displayed nominal annual rate across the selected period with daily compounding, and assume monthly top-ups are added every 30 days. The rate shown is the latest published week-to-date rate, treated as an annualised nominal figure.
Important information+
Zedcrest Money Market Fund rates can change. Future returns may be higher or lower than this estimate. This calculator is for planning and education only, not financial advice.
Fund snapshotas at 2026-06-19
View full fund profile →Net asset value
₦18.78B
WTD yield
18.01%
YTD yield
18.01%
Unitholders
8,216
Category share
0.32%
Data sourced from the SEC Collective Investment Schemes report. See the full fund profile for bid/offer prices, peer comparison, and historical data.
Money market funds are one of the most popular low-volatility places to hold naira. This calculator estimates how a starting amount and monthly top-ups could grow in the Zedcrest Money Market Fund, using daily compounding at the latest published rate.
What this Zedcrest MMF calculator does
It projects the balance of the Zedcrest Money Market Fund from a starting amount plus optional monthly top-ups, compounding the quoted yield daily over the number of years you choose.
The calculator uses the latest published week-to-date rate as the annual yield. MMF rates change over time, so the tool lets you see the effect of steady contributions alongside the quoted rate.
How it is calculated
The annual yield is divided into a daily rate and applied to the balance each day — so interest itself earns interest. Each monthly top-up joins the balance and compounds from the day it is added.
Quoted MMF yields are annualised before fees and tax. Actual returns vary as rates move and after deducting the fund's management fees, so treat the projected balance as an estimate.
A worked example
Put in ₦100,000, add ₦50,000 a month, and assume a steady yield over 3 years. Your contributions total ₦100,000 + (₦50,000 × 36) = ₦1,900,000, and daily compounding on the running balance adds interest on top — with the earliest naira earning the most because it compounds the longest.
Because MMF rates move with the wider market, run the projection at a couple of different yields to bracket a realistic range rather than relying on a single rate.
How to read your result
The projected balance assumes the yield holds for the whole period; in practice it will rise and fall. Use a conservative rate for planning and a higher one to see the upside.
Compare the MMF yield against inflation using the inflation calculator. An MMF protects capital and is liquid, but if its yield trails inflation your real return can still be negative.
How to use the Zedcrest Money Market Fund calculator
- 1Enter your starting amountType the initial naira amount you will invest.
- 2Add monthly top-upsEnter how much you plan to add each month, if any.
- 3Set the time horizonChoose how many years to project.
- 4Review the balanceRead the projected balance and interest earned over the period.
- 5Compare against inflationUse the inflation calculator to check the real return.
Frequently asked questions
What is the Zedcrest Money Market Fund?+
The Zedcrest Money Market Fund is a low-volatility collective investment managed by Zedcrest Investment Managers. It holds short-term instruments such as treasury bills, commercial paper, and fixed deposits, aiming to preserve capital while paying a yield that tracks short-term money market rates.
How is money market fund interest calculated?+
Most Nigerian MMFs accrue yield daily and credit it periodically. This calculator applies the annual yield as a daily rate so interest compounds on the running balance, including each monthly top-up from the day it is added.
Are money market fund returns guaranteed?+
No. MMFs aim to preserve capital but are not guaranteed, and the quoted yield changes as market rates move. Returns are typically shown before fees and tax, so your net return can be lower.
Can a money market fund beat inflation?+
Sometimes, but not always. When inflation runs higher than the MMF yield, your real (inflation-adjusted) return can be negative. Compare the yield against inflation using the inflation calculator before relying on an MMF for long-term growth.
Related calculators & tools
GT Money Market Fund Calculator
Compare returns across money market funds.
Stanbic IBTC MMF Calculator
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Coronation MMF Calculator
Compare returns across money market funds.
Inflation Calculator
Check whether the MMF yield beats inflation.
Investment Safety Checker
Confirm the fund manager is SEC-registered.
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