As an open-ended mutual fund, the FBN Money Market Fund invests in a broadly diversified portfolio of short-term, high quality money market securities such as Treasury Bills, Commercial Papers, Bankers Acceptances and Certificate of Deposits issued by rated banks in Nigeria.
With as low as N5,000 you can start investing in the FBN Money Market Fund, and have access to invest in different asset classes such as treasury bills, bonds, stocks and fixed deposits.
The FBN Money Market Fund offers competitive rate of returns on investments and aims to offer a high level of security coupled with a competitive yield
The fund is an open ended mutual fund that invests in a broad range of money market securities such as Treasury Bills, Commercial Papers, Bankers Acceptances and Certificates of deposits issued by rated banks in Nigeria
The FBN Money Market Fund’s objectives are to maximise current income, preserve capital and maintain a high degree of liquidity. The focus of this fund is therefore to invest in a wide range of short-term, low risk money market securities for maximised returns.
24th September 2012
91 days Nigerian Treasury Bill
Our FBN Money Market Fund has minimal to low risk of investment loss due to low net asset value volatility. This means that we invest your money where it matters most; in treasury bills, guaranteed commercial papers, banker’s acceptance and bank tenured deposits, in order to give you maximised returns.