What is different between Net equity value and Net equity total cost in Invest Naija App
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Please I need detailed explanation with its pros and cons.
Example say I invest #10,000 naira in Money Market Equity Fund . And after 90 days and profit of #5,000 is added to initial capital can redeem only #5,000. And reinvest the capital again.
When you invest in Equity mutual funds and required period of investment is 90 days. It is calculated from Monday to Friday or Sunday to Saturday.