What are mutual funds?
Fokona Latest Questions
Stanbic IBTC Equity fund is about 60k + / unit share. Can someone investment less than the unit share and keep increase it as time pass?
Does compounding work in equity funds or it’s just money market fund?
Pls how can someone know her stanbic money market fund account manager’s name.
Please sir, what is the difference between ETF fund and index fund and how to invest in them
Please can I top up on my money market funds more than once in a month?
Can anyone pls explain in detail, how afrivest work and the advantage of using the platform.
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
How do you know the money you topped in money mutual fund has been successfully funded, because I topped up my money mutual fund and is still reflecting the same figures that I funded last month