I funded my MMF account on 3of April up till now it hasn’t reflected on my status
Fokona Latest Questions
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
I invested 50k in my mmf account.they are showing me a total gain of 64250, percentage gain of o.13%,what does it mean..is that my gain for how long.im a new investor
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 invested #1,000,000 in a money market fund. i did not withdraw any interest. Over time, my Balance grew to about #1,150,000 and later #1,175,000. However I observed that my periodic returns do not increase in proportion to my growing ...Read more
How prudent is it to invest in Nigerian Treasury Bills or Treasury Funds as a medium- to long-term investment? I’d appreciate insights on the risks, returns, and how they compare with other relatively safe investment options in Nigeria.
Redemption of money market fund takes up to how many hours
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
Please advise me. I’m considering two investment options but I’m a bit confused on which one is better. I want to start saving 20k monthly for about 10-15yrs for my child’s education. My confusion is that I don’t know which option ...Read more
Please can I top up on my money market funds more than once in a month?