Investor Presentaiton
Money Market Funds
There were four (4) Money Market Funds with a Net Asset Value of N26,786,864,363.48 as at December 31, 2013 compared to
N14,227,677,913.64 in December 31, 2012, representing an increase of 88.7%. The growth in the NAV of the Money Market
Funds was largely attributed to the registration of one new Money Market Fund as well as substantial growth in an existing fund.
The breakdown is as follows:
FUND
MANAGER
NAV AS AT 31ST
DECEMBER 2012
(N)
188,508,831.36
S/N
NAME OF
FUND
NAV AS AT 31ST
DECEMBER 2013
%
CHANGE
(N)
1
UBA Money
Market Fund
UBA Asset Mgt.
Limited
(3)
183,433,851.31
2
FBN Money
FBN Capital
1,625,122,673.29
188
Market Fund
Asset Mgt.
Limited
4,611,903,400.00
3
Stanbic IBTC
Stanbic IBTC
12,414,046,408.99
56
Money Market
Asset Mgt.
19,307,698,476.17
Fund
Limited
4
ARM Money
Asset &
Not yet registered
N/A
Market Fund
Resource Mgt.
2,683,828,636.00
Limited
14,227,677,913.64
26,786,864,363.48
88.7
Total
Annual Report and Accounts 2013 - Securities & Exchange Commission
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