CP Money Market Fund

At a Glance

Fund Objective  Low Risk
The primary objective of the Fund is to generate competitive returns for short-term investors who value liquidity and capital preservation.

Fund Type
Open-Ended

Inception Date
May 22, 2023

Risk
Low

Horizon
Short Term

Fund Manager
Kenneth Brai
Opeyemi Babalola
Uduak Jacob

As of 12/11/2024

Bid Price

1.00

YTD Performace

21.01%

Overview

The Fund invests in sovereign bonds issued by the Nigerian Federal Government, State government bonds and other fixed income securities ... with the primary objective of income generation.

  • Blog Post

    Read more on CP Money Market Fund

  • Methodology

    Know how this Fund was created

  • Factsheet

    Download key points of this Fund

Minimum Investment Amount info icon
N10,000

Additional Investment Amount info icon
N1,000

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Asset Allocation Range
  • Treasury Bills and other securities issued by the CBN  ( 25% -100%)
  • Placements (0% – 75%)
  • Other Money Market Instruments (0% -75%)
  • Cash (0% – 5%)
Target Investors
  • Retail and Institutional investors
  • Low risk appetite
  • Short term horizon
  • High liquidity needs
Management Fee
  • 1.25% of NAV Per annum
Early Exit Penalty
  • 20% of income earned in the period

30-Day Average Yield

Know Your Fund

Fund Documents
CP Fixed Income Fund
Mutual Funds
Offerings