FBN MONEY MARKET FUND

Your short term goals just got shorter


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.



Minimum Balance

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.

Competitive Returns

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

Money Market Securities

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

Quick Facts About The Fund


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.

Launch Date:

  24th September 2012




Fund Size:

  N91.70bn

Benchmark:

  91 days Nigerian Treasury Bill




Time Horizon:

  30 days

Risk Profile:

  Low Risk





Income Accrual:

  Daily

Fund Strategy


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.

Cumulative Performance

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Assets allocation ranges

The fund's assets can be broadly broken down as follows:

  Is invested in Bank tenured placements
10% - 75%
  Is invested in Treasury bills and short-government securities
25% - 100%
  Is invested in other money market securities
10% - 75%

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