Legacy Money Market Fund

FCMB Asset Management

About the fund

Low Risk
Money Market Fund

"The Legacy Money Market Fund (LMMF) is a low-risk, open-ended, Nigerian Naira- denominated mutual fund that invests in Money Market Instruments. It is registered with the Securities and Exchange Commission, Nigeria. The minimum subscription is 1,000 units at the prevailing market price per unit. With the Legacy Money Market Fund (LMMF), you can invest for the short, medium, or long term, towards your financial goals and get a competitive return."

Fund Information

Min Amount
₦1,000.00
Max Amount
₦1,000,000,000.00
Yield-to-date
19.48%
Fund Size
39,455,488,521.76
Minimum tenor
1 Months
Maximum tenor
36 Months
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
Principal plus Interest
Permit Early termination
Yes
Management fee
1.5%
Processing time
24 Hours
Launch date
31st of Dec, 2015
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
1 - 80 years
Provider's page
view provider
Nature of fund
Money market instruments
Fund manager
FCMB Asset Management Limited
Product available in
Nigeria
States present
37
Requirements
Formal Application on letterhead and duly completed loan application form
National Identification Card
Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
International Passport
Recent Passport Photograph
Four (4) passport photographs and Biometrics Verification Number (BVN)
Most recent utility bill of residence.
How to invest

Click on the button to begin your investment journey

Calculator

Please note that whatever you calculate is just an estimation

₦
Investment Summary
Risk profileLow
Tenor (months)1
Annualized year to date return19.48%
Projected return₦NaN
Total investment return₦NaN
How to earn

Interest in earned daily, and dividend is paid quarterly

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