What’s the difference between MMMF and GOVERNMENT BONDS?
Fokona Latest Questions
Can one use this calculator to calculate his money market mutual fund investment in other apps like Afrinvest and investnaija?
Can one invest in MMMF in a foreign currency such as the dollar?
If I put #4000,000.00 into MMMF on investnaija. How much will I get on a monthly basis?
Hello, I want to say thank you for your teachings has helped me and I now see my money grow and yielding profits. I saw mutual funds on Palm pay app. Please sir, can you kindly confirm if it’s same ...Read more
According to 1 of your post I saw on Facebook I downloaded the investnija app and put 5k in it got my cscs number and all that but I find it hard to invest it in mmf. I can’t navigate ...Read more
What Is a Money Market Mutual Fund and How Does It Work in Nigeria?
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
What is the difference between MMMF and NIDF? What should I expect if I want to invest in both funds?
Let’s say I bought 10k units 5 months ago, and I bought another 5k units last week. If I withdraw 2k units now, which units get withdrawn first? Will I be penalized given that only 5k of my units ...Read more