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
Fokona Latest Questions
Please sir, what is different between Money Market Mutual fund and Money Market fund. Thank you sir.
Where can I invest N400k that I won’t be needing for at least a year?
How does Equity Fund work in Nigeria?
If a stockbroker is charging 1.5% as management fee for a fund on net asset value, does that apply to my invested capital or only on the accrued profit?
I deposited 50,000 in the Arm aggressive fund, and the balance that reflected on my dashboard is 48,560, why is that?
I TRIED BUYING MONEY MUTUAL FUND AND I WAS SEEING A UNIT FOR ₦100.00 Do i have to buy in units? Secondly, how do i source for REIT on bamboo?
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?