ARM Money Market Fund (ARM One) — review & details

In Savings & fixed deposits · By the Rateweb editorial team · How we rate · Details checked 1 Aug 2026

A SEC-registered money-market mutual fund from ARM, one of Nigeria's oldest asset managers (30+ years), accessible through the ARM One app. Invests in short-term money-market instruments and government securities with a low minimum entry.

Best for money-market investing

ARM Money Market Fund (ARM One)

A SEC-registered money-market mutual fund from ARM, one of Nigeria's oldest asset managers (30+ years), accessible through the ARM One app. Invests in short-term money-market instruments and government securities with a low minimum entry.
★★★★☆
4.2/5 · How we rate
None; fund management fee applies within the fund
Monthly Fee
SEC-registered unit trust; ARM is a SEC-registered fund manager
Licence
Mutual fund — capital at risk, not an NDIC-insured deposit
Deposit Safety
Parking cash at money-market yields
Best For
digital
Type
Pros
  • SEC-registered fund run by a manager with over 30 years' track record
  • Low minimum initial investment and small top-ups
  • Underlying assets are short-term, high-quality money-market instruments
Cons
  • Not a bank deposit — no NDIC insurance and yields move with the market
  • Management fees inside the fund reduce the return you actually receive
  • Withdrawals settle through the fund, so access is slower than a bank account
Fees, eligibility & documents
Fees
Entry feeNone advertised
Fund management feeCharged within the fund; see the fund prospectus
Eligibility
  • Open to individuals; minors can be covered via parents/guardians
  • BVN required
  • Nigerian bank account for redemptions
Documents needed
  • Valid ID
  • BVN
  • Passport photograph and bank account details
Visit ARM

How ARM Money Market Fund (ARM One) compares in savings & fixed deposits

ARM Money Market Fund (ARM One) scores 4.2/5 in our savings & fixed deposits rankings. Our current top pick is Cowrywise (4.3/5). Always compare a few before you decide — see the full savings & fixed deposits comparison.

ARM Money Market Fund (ARM One)
4.2/5 · this page
 Cowrywise
4.3/5
 PiggyVest
4.2/5
Monthly Fee None; fund management fee applies within the fund — —
Licence SEC-registered unit trust; ARM is a SEC-registered fund manager — —
Deposit Safety Mutual fund — capital at risk, not an NDIC-insured deposit Not NDIC-insured Not NDIC-insured
Best For Parking cash at money-market yields Mutual funds, naira + dollar, Halal Saving discipline + auto-save
Visit ARM → Visit Cowrywise → Visit PiggyVest →

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Details last checked: July 2026

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