Please what is the minimum number of days I can invest in money market mutual fund before redeeming my investment will the interest
Fokona Latest Questions
I withdraw some of my money market unit in investnija since 3rd of September till now I have not gotten the money in my bank account
Redemption of money market fund takes up to how many hours
I plan to save money consistently for the next three to four years. At the end of that period, I intend to use the funds to learn advanced, highly sophisticated digital skills. What is the best way to keep or ...Read more
I invested a certain amount in an MMF in Cowrywise. And today it has dropped drastically to loss of #5000. Honestly, the plan is for growth; then why the reduction? Please, is it advisable to remove it asap
I want to invest on Money Market Fund. I used Afrinvestor 2.0 and Trove. But each time I open my Afrinvestor 2.0 I don’t see where to invest. Even FGN Bond, commercial paper etc keep getting “Not Available”. Is it ...Read more
If I invest ₦2,000 every month in money market fund at the rate of 14% for 30 years, how much will it amount to?
I want to invest about 5K for a start in the Money Market Fund to see how it goes as beginner level as am just a corper. I remembered that Money Market Fund is Haram since it have interest so ...Read more
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.
Salami RidwonStarter
Iking Ferry One thing confuse me sir.. As I learn that money mutual funds actually preserve capital and the interest only vary based on market reaction and inflation. Now, investments of 100k on mutual funds got reduced on IBTC Money ...Read more