My two brothers and I want to build a 10-year savings and investment plan by contributing money every month. We want to go beyond ordinary savings by protecting our money from inflation while growing it through investments and compound returns. We need ...Read more
Pls how can someone know her stanbic money market fund account manager’s name.
Stanbic IBTC Equity fund is about 60k + / unit share. Can someone investment less than the unit share and keep increase it as time pass?
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
How does Equity Fund work in Nigeria?
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
Does ARM Investment Managers ‘Aggressive Growth Fund Compound’?
Good day, I would appreciate some clarification regarding investments in Money Market Mutual Funds. Assuming I invest in a Money Market Mutual Fund for a period of 3 to 10 years and receive dividends either quarterly or annually, how are those dividends ...Read more
Example Scenario 1: My initial investment is 50,000, monthly contribution is 50,000 and 2 months later i contributed 500,000 Scenario 2. My initial investment 500,000 and monthly contributions is 50,000. In both scenario, both at 20 year period and at 15%. ...Read more