Please I want to be clarified on this FGN BOND on your reply on Facebook, I used the Afrinvestor app to buy the Bond, there was nothing like equity fund or what so ever, just confused on how the amount ...Read more
Fokona Latest Questions
Money Market Mutual Fund is said to be a pool investment managed by professional fund managers, who invest in low risk short terms instruments like Treasury Bills, FGN Bond, Commercial paper between 13% – 15% depending on the type. If pooled ...Read more
What is the difference between making money from dividends and making money from selling shares?
As a beginner who knows nothing about the financial market, how can i start building my portfolio with just #200,000 to #300,000.
What does YTD mean and how is it estimated.
I had invested 5,000 naira in a money market mutual fund early this month. Can I engage in a monthly top up of 5,000 on the existing investment while it’s still on its 90 days holding period.
What are the online platforms that can help me research about different equity funds in Nigeria
I saw 50% YTD Return in a SEC licensed Fund manager app. I wish to know if it means that if I invest N1m in January 01 and YTD is 50% by December 31 that it means I’ve made N500k ...Read more
I want to get into property, but houses are too expensive. Are there Halal ways to start small?
If i simply fund my wallet on my investment apps without investing in any MMM, will it get some interest at the end of every month as it is with commercial banks or will it just be dormant like a ...Read more