ValuAlliance

ValuAlliance
Money Market Fund

The ValuAlliance Money Market Fund (“VMMF”) is an actively managed open-ended collective investment unit trust scheme that invests in money market instruments that qualify as eligible instruments such as short term government securities, unsubordinated short-term debt instruments such as commercial papers, bankers’ acceptances, and fixed deposits.

The objective of the VMMF is to provide investors with steady return on capital, liquidity and capital preservation by investing in a diversified portfolio of high-quality short-term money market instruments

Key Benefits
What the fund invests in
Parties to the fund
Risk profile

How to Invest

For more information, please see some Frequently Asked Questions and the Abridged Prospectus. Please click on the buttons below to launch the information.

Fund Performance

As at 21st March 2025

19.56%

Benchmark Return

As at 21st March 2025

20.66%

Fund Performance

As at  17th March 2025

20.04%

Benchmark Return

As at  17th March 2025

-

The Fund’s benchmark index is determined as 50% of the Nigerian Exchange Group ASI plus 35% of the weighted average return of the 3-year FGN Bond plus 15% of the weighted average return of the 91-day Treasury bill. The Fund's yied is computed net of fees, bank charges and other expenses.