Zedcrest Money Market Fund CalculatorEstimate your naira growth

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-dateThe percentage return a fund earned from the start of the current week through the reporting date, scaled up ("annualised") to show what that rate would equal over a full year. 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 inflationA sustained increase in the general price level, reducing the purchasing power of money. using the inflation calculator. An MMF protects capital and is liquid, but if its yield trails inflation your real returnInvestment return after adjusting for inflation. can still be negative.

How to use the Zedcrest Money Market Fund calculator

1. 1
   Enter your starting amount

   Type the initial naira amount you will invest.
2. 2
   Add monthly top-ups

   Enter how much you plan to add each month, if any.
3. 3
   Set the time horizon

   Choose how many years to project.
4. 4
   Review the balance

   Read the projected balance and interest earned over the period.
5. 5
   Compare against inflation

   Use the inflation calculator to check the real return.

Frequently asked questions

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