GTBank (Guaranty Trust) Money Market Fund Rate & Mutual Funds Calculator
Model the Guaranty Trust Money Market Fund at the yield it reported to the SEC this week, then see every fund from Guaranty Trust Fund Managers — GTBank's sister company under GTCO — with unit price, four-week change, size and unitholders, and project any of them with the mutual fund calculator.
Source: SEC Nigeria, Net Asset Value and Unit Price as at 14 Aug 2026 · four-week change vs 17 Jul 2026. CheckInvestNg is not affiliated with GTBank or Guaranty Trust Fund Managers.
16.95%
rank 22 of 48 by yield · −0.28 pp in 4 weeks
₦586.8bn
#3 by size · 9% of all MMF assets
₦154bn
4,025 unitholders
₦796bn
128,819 unitholders
Looking for the GTBank fixed deposit rateinstead? The CBN's table for 3 Jul 2026 puts GTBank's average time deposit rate at 8.00% against 16.95% for the money market fund. GTBank fixed deposit rates and calculator →
Guaranty Trust Money Market Fund calculator
Preloaded with the Guaranty Trust Money Market Fund at the yield it reported to the SEC. Pick another fund to compare, or switch to “Earn ₦X/Month” to see how much you would need to invest for a target income. For the Investment Fund 724, enter 15.49% as a custom rate.
See how your investment grows
Money Market Fund Calculator
Calculate your projected returns from Nigerian money market funds
₦1,169,500.00
₦169,500.00
₦14,125.00
16.95%
MMF vs Savings Account Projection
16.95% MMF vs 4% savings account over 12 months
Over 12 months, the MMF earns you ₦129,500.00 more than a 4% savings account.
| Fund | Yield | 4-week change | Fund size | Unitholders | Action |
|---|---|---|---|---|---|
FCMBAM Money Market Fund FCMB Asset Management Limited | 23.69% | +7.71 pp | ₦72.3bn | 4,408 | |
Coronation Money Market Fund Coronation Asset Management Limited | 19.64% | −0.10 pp | ₦96.8bn | 20,749 | |
Greenwich Plus Money Market Fund Greenwich Asset Management Limited | 19.08% | +0.20 pp | ₦15.4bn | 1,143 | |
STL Money Market Fund STL Asset Management Limited | 18.90% | +0.02 pp | ₦19bn | 2,037 | |
Trustbanc Money Market Fund Trustbanc Asset Management Limited | 18.79% | −0.01 pp | ₦19.3bn | 1,068 | |
Emerging Africa Money Market Fund Emerging Africa Asset Management Limited | 18.61% | +1.37 pp | ₦9.2bn | 1,345 | |
Meristem Money Market Fund Meristem Wealth Management Limited | 17.34% | −0.39 pp | ₦129.8bn | 12,374 | |
Guaranty Trust Money Market Fund Guaranty Trust Fund Managers | 16.95% | −0.28 pp | ₦586.8bn | 61,073 | |
ARM Money Market Fund ARM Investment Managers Limited | 16.74% | −0.14 pp | ₦444.7bn | 88,738 | |
Zenith Money Market Fund Zenith Asset Management Ltd | 15.98% | +0.23 pp | ₦166.9bn | 9,277 | |
United Capital Money Market Fund United Capital Asset Mgt. Ltd | 15.80% | +0.69 pp | ₦259.5bn | 100,000 | |
First Asset Money Market Fund First Asset Management Limited | 15.45% | +0.18 pp | ₦747.9bn | 44,202 | |
Stanbic IBTC Money Market Fund Stanbic IBTC Asset Mgt. Limited | 15.36% | unchanged | ₦3.00trn | 362,532 | |
AXA Mansard Money Market Fund AXA Mansard Investments Limited | 15.31% | −0.34 pp | ₦181.3bn | 41,893 |
Yields as reported by each fund manager to the SEC for the week ended 14 Aug 2026; they change weekly and are not guaranteed. The list shows the highest-yielding funds with at least ₦5bn under management plus the largest funds by assets. Minimums and redemption terms are in each fund's prospectus. WHT of 10% applies to MMF distributions.
All 6 Guaranty Trust funds in the SEC table
Largest first. Only the two money market funds have an annual yield in the SEC table; for every other fund the return comes from the unit price, so the change column is the movement in that price between 17 Jul 2026 and 14 Aug 2026, not annualised.
| Fund | Type | Unit price | 4-week change | Fund size | Unitholders |
|---|---|---|---|---|---|
Money Market Fund Treasury bills, commercial paper and bank placements. Unit price is held at ₦100; returns are paid as yield. | Money market | ₦100.00 | 16.95% yield | ₦586.8bn | 61,073 |
Dollar Fund US-dollar fixed income. The SEC changed the pricing basis between the two workbooks, so no four-week change is shown. | Dollar fixed income | ₦100.00 | — | ₦154bn | 4,025 |
Equity Income Fund Dividend-paying Nigerian listed equities. | Equity | ₦5.61 | +2.04% | ₦19.6bn | 15,977 |
Fixed Income Fund FGN and corporate bonds. The SEC table holds its unit price at ₦1, so returns show as distributions rather than price moves. | Bond / fixed income | ₦1.00 | 0.00% | ₦14.8bn | 7,442 |
Balanced Fund A mix of equities and fixed income. | Balanced | ₦8.07 | +0.68% | ₦14.6bn | 15,957 |
Investment Fund 724 A second money market fund, sold through the GTBank *724 channel. Unit price held at ₦100; returns paid as yield. | Money market | ₦100.00 | 15.49% yield | ₦6.1bn | 24,345 |
Unit prices are the SEC-recorded offer prices in naira (bid where no offer is published). The Dollar Fund's four-week change is not shown because the SEC priced it on a different basis in the two workbooks; check Guaranty Trust Fund Managers for its dollar unit price.
Model any other Guaranty Trust fund
The Equity Income, Balanced, Fixed Income and Dollar funds do not have a fixed yield, so pick the matching category below and enter the expected annual return from the fund's latest fact sheet in the custom rate field. The SEC table tells you the fund's size and recent price move; it does not forecast a return.
Lump Sum Calculator
Projected Returns
Future Value in 10 years
₦9,313,226
9.31x your money
Total Return
₦8.31M
+831.3%
CAGR
25.00%
Compounded Annual
Doubles In
2.9 yrs
Rule of 72
Total Invested
₦1.00M
Principal
Benchmark: ₦1M at 25% for 10yrs
→ ₦9,313,226
Past performance is not a guarantee of future results. Equity funds carry higher volatility — actual returns may vary significantly year to year.
The Compounding Snowball Effect
Watch wealth accumulate as gains compound over 10 years at 25% p.a.
Risk profile — Mutual Fund
Risk depends entirely on the fund’s mandate — a money market fund and an equity fund are not comparable. Returns are not guaranteed, past performance does not predict future performance, and the value of your units can fall as well as rise. Funds are SEC-regulated but not government-guaranteed or NDIC-insured.
| Risk type | Assessment | Why |
|---|---|---|
| Credit / default risk | Varies | Depends on what the fund holds — sovereign bonds, corporate debt or equities. |
| Inflation risk | Present | Nominal returns can trail CPI, particularly in fixed-income mandates. |
| Interest-rate / market-price risk | Present | Bond and balanced funds fall in value when yields rise; equity funds carry full market risk. |
| Liquidity risk | Low to moderate | Redemption is usually T+3 to T+5, and some funds apply an early-exit fee. |
| Reinvestment risk | Present | Distributions are reinvested at prevailing market levels, not at your original yield. |
These are CheckInvestNg’s own qualitative assessments for retail investors, not credit ratings from a rating agency and not personalised investment advice. Risk levels can change with market conditions.
Where these rates come from
Every rate on this page is traceable to a named official or published source. Rates can change between updates — always confirm the binding figure with the issuer or your provider before investing.
Money market fund yields — SEC weekly NAV table (48 funds)
- Source organisation
- Securities and Exchange Commission (SEC), Nigeria
- Source document
- Net Asset Value and Unit Price of Collective Investment Schemes, week ended 14 Aug 2026 — "Yield (WTD)" column, MONEY MARKET FUNDS section
- Source published
- Week ended 14 Aug 2026
- Last verified
- Imported from the SEC workbook 4 Sept 2026
- Update method
- Workbook downloaded by hand from sec.gov.ng and parsed by scripts/import-sec-nav.mjs — no machine feed. Yields are as reported by each fund manager to the SEC; they change daily and are not guaranteed
- Next expected update
- Next SEC weekly NAV workbook
Bank fixed deposit rates — CBN-reported weekly averages
- Source organisation
- Central Bank of Nigeria (CBN), Banking Supervision Department
- Source document
- Deposit and Lending Rates in the Banking Industry, week ended 3 Jul 2026 (ref. BSD/DIR/GEN/DLR/007/001)
- Source published
- Week ended 3 Jul 2026
- Last verified
- Manually transcribed 4 Sept 2026
- Update method
- Manually transcribed from the CBN weekly PDF — no machine feed. Figures are each bank’s average across all tenors, not a tenor-specific quote
- Next expected update
- Next CBN weekly table
Original publication: SEC Nigeria — Weekly Net Asset Value for Collective Investment Schemes (workbook for 14 Aug 2026). GTBank, Guaranty Trust and the fund names are trademarks of their owners, used here to identify the funds. See also all 48 money market funds ranked, the Stanbic IBTC, ARM and United Capital mutual funds calculators, and GTBank fixed deposit rates.
Frequently asked questions
What is the GTBank (Guaranty Trust) Money Market Fund interest rate in 2026?
The Guaranty Trust Money Market Fund reported a yield of 16.95% to the SEC for the week ended 14 August 2026, −0.28 pp against 17.23% on 17 Jul 2026. That is rank 22 of 48 money market funds by yield; the NAV-weighted average was 16.01% and the highest reported was 23.69%. It is a floating yield, not a fixed interest rate: it moves with treasury bill and commercial paper rates and is not guaranteed.
What is the GT Investment Fund 724?
The Guaranty Trust Investment Fund 724 is a second money market fund from Guaranty Trust Fund Managers, sold through GTBank's *724 banking channel. It reported 15.49% to the SEC for the week ended 14 Aug 2026 (+0.64 pp over four weeks), with ₦6.1bn in net assets and 24,345 unitholders, against 16.95% and ₦586.8bn for the main Money Market Fund. Both hold the same kind of short-dated instruments at a ₦100 unit price.
How much will ₦1,000,000 earn in the Guaranty Trust Money Market Fund?
At 16.95%, ₦1,000,000 earns about ₦13,134 in one month and ₦169,500 over a year with returns reinvested, before the 10% withholding tax deducted from distributions (about ₦11,820 and ₦152,550 net). Use the calculator above for your own amount and duration, or switch it to "Earn ₦X/Month" to work backwards from a target income.
GTBank fixed deposit or the GT Money Market Fund — which pays more?
In the CBN's weekly deposit rates table for 3 Jul 2026, GTBank's average time deposit rate was 8.00%, against 16.95% reported by the Guaranty Trust Money Market Fund for the week ended 14 Aug 2026. They are different products: the fixed deposit is a bank liability covered by NDIC insurance with a rate fixed for the tenor, while the money market fund is an SEC-regulated investment whose yield floats weekly and which you can usually exit in a day or two. Both pay 10% withholding tax on interest. Compare your own quote on the GTBank fixed deposit page linked above.
Is the Guaranty Trust Money Market Fund safe, and is it the same as GTBank?
The fund is managed by Guaranty Trust Fund Managers, the asset management subsidiary of Guaranty Trust Holding Company (GTCO), which is also GTBank's parent, so it is a sister company of the bank rather than the bank itself. It is regulated by the Securities and Exchange Commission and invests in low-risk instruments such as treasury bills, commercial paper and bank placements, with the unit price held at ₦100. At ₦586.8bn and 61,073 unitholders it is number 3 by size, about 9% of all money market fund assets. It is not a bank deposit and is not covered by NDIC insurance, and the yield floats with market rates.
Which Guaranty Trust funds are there, and how big are they?
The SEC table lists 6 Guaranty Trust Fund Managers funds with ₦796bn in combined net assets and about 128,819 unitholders: Money Market Fund (₦586.8bn), Dollar Fund (₦154bn), Equity Income Fund (₦19.6bn), Fixed Income Fund (₦14.8bn), Balanced Fund (₦14.6bn), Investment Fund 724 (₦6.1bn). The full table on this page shows each fund's unit price, four-week change, size and unitholders.
How do I calculate Guaranty Trust Equity Income, Balanced or Fixed Income Fund returns?
None of these has a fixed yield: the return is the change in unit price plus any distributions. In the SEC table for the week ended 14 Aug 2026 the Equity Income Fund was ₦5.61 a unit (+2.04% since 17 Jul 2026) and the Balanced Fund ₦8.07 (+0.68%). The Fixed Income Fund is held at ₦1 a unit in the SEC table, so its return shows up as distributions rather than a price move. To project any of them, use the mutual fund calculator below in the matching category and enter the expected annual return from the fund's latest fact sheet.
Where do these figures come from, and is CheckInvestNg affiliated with GTBank or Guaranty Trust?
CheckInvestNg is independent and not affiliated with Guaranty Trust Fund Managers, GTBank or GTCO. Every figure on this page is taken from the Securities and Exchange Commission's weekly "Net Asset Value and Unit Price" table for the week ended 14 August 2026, with four-week changes against the table for 17 Jul 2026, and the fixed deposit comparison from the CBN's weekly deposit rates table. Minimum investments, fees and redemption terms are set out by Guaranty Trust Fund Managers in each fund's prospectus and on its own website and the GTBank app.