Money Market Fund (MMF) Performance Update – 18th July 2025

Money Market Funds (MMFs) continue to offer attractive short-term investment returns. Here’s a look at the top 10 performing MMFs as of 18th July 2025:

Average EAR (Top 10): 12.3%

✅ This is well above the current Treasury Bill (T-Bill) rates for the same week:

• 91-day: 8.13%
• 182-day: 8.43%
• 364-day: 9.73%

❌ Lowest Performing MMFs

On the other hand, some MMFs continue to trail the market significantly:

📌 Observation:
Funds like Equity, Stanbic, and Ziidi MMFs have consistently underperformed their peers — returning less than current T-bill rates and far below the industry leaders. Investors should actively track performance and evaluate whether their MMF of choice is delivering competitive returns.