I began my money market fund investments in December, 2025. As at March, 2026 the total gain in my Money Market Fund investment was over #30,000.00 however, same was unexplainably reduced to about #6,000.00. And I wasn’t paid a dime from my total gain when I withdrew all my investment. I didn’t make any gain in my Money Market Fund investment I started in December, 2025.
I have pulled out my investment from Investnaija, now I’m discouraged from investing on money market fund.
If this issue is not addressed by Investnaija and my over #30,000.00 total gain is not paid to me, I may take out legal action against them.
It’s unfortunate
This situation is frustrating, but what you described usually has a technical explanation — and in most cases, it's not that the money disappeared, but how Money Market Funds calculate returns. Let’s break it down carefully 👇 First — Important Clarification You're investing through: InvestNaija ButRead more
This situation is frustrating, but what you described usually has a technical explanation — and in most cases, it’s not that the money disappeared, but how Money Market Funds calculate returns.
See lessLet’s break it down carefully 👇
First — Important Clarification
You’re investing through:
InvestNaija
But InvestNaija is NOT the fund manager.
They only act as platform/intermediary.
The actual money is managed by fund managers like:
Chapel hill denham
ARM Investment Managers
Zedcrest Capital
Stanbic IBTC Asset Management
So your complaint must go beyond InvestNaija.
Most Likely Reasons Your ₦30,000 Dropped to ₦6,000
1. “Projected Gain” vs “Actual Gain” (Most Likely Reason)
Many platforms show:
Estimated returns
Accrued returns
Unrealized returns
These are not final gains.
Money market funds calculate daily returns based on:
Treasury bills rate
Interest rate changes
Liquidity changes
If interest rates fall, returns drop immediately.
This may cause:
₦30,000 estimated
Later adjusted to ₦6,000 actual
This is common in Nigerian Money Market Funds.
2. You May Have Withdrawn Before Accrual Date
Some funds:
Accrue daily
But pay monthly / weekly
If you withdraw before payout date, you may only receive:
Principal
Very small interest
3. Platform Display Error (Also Common)
Sometimes:
App shows inflated gain
System recalculates later
Adjusted downward
This is not uncommon on investment apps.
4. Interest Rate Crash (This Happened Early 2026)
In early 2026:
Treasury bill rates dropped
Money market yields reduced
That caused lower returns across funds.
Important Question
Did you withdraw:
Before month end?
Before dividend distribution?
Or suddenly after checking the ₦30k?
That detail matters a lot.
What You Should Do Now (Important)
Step 1 — Request Statement
Ask for:
Full transaction statement
Daily NAV report
Interest accrual breakdown
Send request to:
InvestNaija support
Fund manager directly
Step 2 — Ask These Specific Questions
Send them this:
What was my entry date?
What was my exit date?
What was my daily yield?
What was my accrued interest?
Why did my gain reduce from ₦30k to ₦6k?
Should You Take Legal Action?
Not yet.
Do this first:
Request full statement
Wait 3–5 working days
Escalate to fund manager
Then escalate to regulator
Final Escalation (If Necessary)
If unresolved, contact:
Securities and Exchange Commission Nigeria (SEC)
They regulate:
Mutual funds
Money market funds
Investment platforms
My Honest View
You likely did not lose money.
Most likely:
App showed estimated gains
Actual interest was smaller
Withdrawal timing affected payout
Since you’re already learning investments seriously, don’t get discouraged.
Money market funds are still:
Low risk
Better than bank savings
Good for short term funds
One last thing:
Tell me:
Which Money Market Fund exactly?
How much did you invest?
Exact period (Dec — when in March?)
I’ll calculate what your expected return should be.