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Details
Launch date | Aug-2019 |
Domicile | Nigeria |
Currency | NGN |
Ticker | VMMF |
Objective | Capital preservation & Growth |
The Vetiva Money Market Fund
The VMMF is an actively managed open-ended Fund that seeks to provide capital stability, liquidity, and diversification while providing a competitive return to fund investors. The Fund will invest in a diversified portfolio of high yield and high-quality short-term money market instruments like Government Treasury Bills, Commercial Papers, Tenored Deposits, short-term instruments with eligible financial institutions, and other instrument introduced and approved by the Central Bank of Nigeria (CBN) from time to time.