Short term goals
just got shorter
FBN Money Market Fund
The FBN Money Market Fund is an investment product that diversifies your capital across various secure asset instruments such as Treasury Bills, Commercial Papers, Bankers Acceptances and Certificate of Deposits. It is well suited for and adaptable to any investor type.
Minimum Balance
The FBN Money Market Fund is highly affordable and easy to multiply in value as you can start an investment with as low as N5,000.
Competitive Returns
The FBN Money Market Fund offers an attractive rate on returns. It also offers a high level of security which translates to competitive yields.
Highly Secure
The FBN Money Market Fund provides the security you need as your funds are spread out across a wide range of investment instruments that are backed by the government.
Why you should invest in the FBN Money Market Fund?
The Fund’s objectives are to maximise your income, preserve capital and maintain a high level of liquidity. Any money invested in the FBN Money Market Fund is invested in a wide range of short-term, low risk money market securities for maximised returns.
Fund Facts
Launch Date: 24th September 2012
Fund Size: ₦226.25bn
Benchmark: Average 91 day Treasury Bill (NTB)
Minimum holding period: 30 days
Risk Profile: Low Risk
Income Accrual: Daily
Income Distribution: Quarterly
Fund Strategy
The 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
- 13.5% fund yield in the 1st month
- 12.26% fund yield in the 3rd month
- 9.40% fund yield in the 9th month
- 9.21% fund yield in the 12th month
Assets allocation ranges
The fund’s assets can be broadly broken down as follows:
- 7% is invested in Commercial Papers
- 15% is invested in Treasury Bills
- 78% is invested in Bank Placements
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#BeyondToday
At FBNQuest, we believe success is progressive. By cultivating a strong investment lifestyle, you are going beyond today for a brighter future.