Nigerian money market funds maintained exceptional performance through Q3 2025, with leading funds delivering year-to-date yields between 21% and 24%.
As inflation moderation continues and monetary policy remains tight, these professionally-managed funds offer Nigerian investors compelling alternatives to traditional savings accounts.
According to the latest performance data, money market funds dominate Nigeria’s mutual fund sector, combining competitive returns, liquidity, and capital preservation — a clear edge over traditional savings accounts.
Below are the best-performing money market funds in Nigeria based on year-to-date data through Q3 2025:
|
Rank |
Fund Name |
Fund Manager |
Q3 YTD Yield |
NAV (₦Billion) |
Unitholders |
|
1 |
Coronation Money Market Fund |
Coronation Asset Management |
23.74% |
28.4 |
6,485 |
|
2 |
Zedcrest Money Market Fund |
Zedcrest Investment Managers |
23.00% |
6.0 |
3,807 |
|
3 |
Meristem Money Market Fund |
Meristem Wealth Management |
22.86% |
45.5 |
5,065 |
|
4 |
Chapel Hill Denham Money Market Fund |
Chapel Hill Denham Management |
22.85% |
23.7 |
2,083 |
|
5 |
Trustbanc Money Market Fund |
Trustbanc Asset Management |
22.81% |
5.1 |
498 |
|
6 |
AIICO Capital |
22.07% |
22.1 |
2,965 |
|
|
7 |
ARM Investment Managers |
21.97% |
221.1 |
71,468 |
|
|
8 |
First Asset Management |
21.77% |
525.5 |
16,251 |
|
|
9 |
EDC Money Market Fund Class B |
EDC Fund Management |
21.70% |
6.7 |
26 |
|
10 |
CardinalStone Money Market Fund |
CardinalStone Asset Management |
21.65% |
6.8 |
931 |
Money market funds demonstrated remarkable consistency through Q3, with top performers maintaining yields above 21% despite evolving monetary policy conditions. The sector continues benefiting from the Central Bank of Nigeria's elevated policy rate environment and attractive short-term instrument yields.
💡 Investor insight: The stability of yields above 21% shows money market funds’ ability to deliver real, inflation-beating returns even amid tightening policies.
Q3 data reveals that exceptional performance transcends fund size, with both boutique and large-scale managers delivering competitive returns:
Takeaway: Strategic fund management and portfolio allocation have a greater impact on performance than fund size alone
Want to see which of these funds best suits your goals? Use nairaCompare’s money market fund comparison tool to view fees, yields, and minimum entry requirements side-by-side.
Top-performing money market funds typically invest in:
This diversified approach across high-quality, short-term instruments ensures liquidity while optimizing yields.
A ₦1 million investment comparison illustrates the substantial advantage:
This performance gap makes money market funds increasingly attractive for Nigerian savers seeking inflation-beating returns.
💡 That’s ₦120,000 more per year on a ₦1M investment.
👉 See how much you can earn with nairaCompare’s return calculator
Money market funds remain well-positioned as Nigeria's monetary policy committee maintains its restrictive stance. With inflation moderating to sustainable levels and treasury bill yields remaining attractive, the sector should continue delivering strong risk-adjusted returns through Q4 2025.
Ready to earn superior returns on your savings? Explore money market fund options and compare performance across leading fund managers.
For comprehensive wealth-building strategies, review our guides on maximizing returns and investment portfolio diversification.
Bottom Line: Q3 2025 reinforced the value proposition of money market funds, with top performers delivering yields of 21-24% while maintaining capital stability. These professionally managed funds offer Nigerian investors optimal combinations of liquidity, security, and returns that significantly exceed those of traditional savings accounts.