I opened an MMMF account 2 years ago not because I knew what I was doing but because a marketer told me to do so. Learning from Fokona website and following Iking Ferry on Facebook has helped enlighten ...Read more
Fokona Latest Questions
Please sir, what is different between Money Market Mutual fund and Money Market fund. Thank you sir.
What is the difference between MMMF and NIDF? What should I expect if I want to invest in both funds?
What Is a Money Market Mutual Fund and How Does It Work in Nigeria?
What’s the difference between MMMF and GOVERNMENT BONDS?
Please for those using Investnaija platform, is their mutual market fund interest paid daily or quarterly? I asked because I opened their Details section and saw “Quarterly interest payment” under their fund features I need clarity please
I have been hearing you talking about compounding, but I am still confused about the instruments or platforms that can be used for it. Currently I have a money market mutual fund investment but I don’t know if I can ...Read more
As a beginner I would like to know the best place to invest between equity and Money Market Mutual Fund
Please throw more light on money market mutual funds and how compounding works on it.