What is the maturity period of Nigeria Bond Fund in NaijaInvest Portfolio investment platform?

For Naijainvest Nigeria Bond Fund, there is usually no fixed maturity period like fixed deposit or FGN bond.
Here is the clear explanation:
1. Nigeria Bond Fund (Naijainvest Portfolio)
It is a bond mutual fund
It is open-ended
That means:
No fixed maturity date
You can invest anytime
You can withdraw anytime (after minimum holding period if any)
Bond funds invest in:
Federal Government bonds
Corporate bonds
Treasury instruments
These bonds themselves may have maturities ranging from 2 years to 20 years, but the fund itself does not mature — it keeps rolling into new bonds continuously.
2. What You Should Look For Instead
Since there is no maturity period, check:
Minimum holding period (example: 30–90 days in many bond funds)
Withdrawal processing time (usually 24–72 hours)
Risk level (Bond funds = medium risk)
Interest rate fluctuation
Example: Some Nigerian bond funds have minimum holding period like 91 days, after which you can redeem anytime.
Simple Summary
MMF → No maturity
Bond Fund → No maturity
FGN Bond → Has maturity (2–20 years)
My Honest Advice (Very Important)
Nigeria Bond Fund is best for:
Medium-term investment (6 months – 3 years)
Higher return than MMF
Not emergency savings
Since you’re building wealth step-by-step, a smart structure is:
40% → Money Market Fund (safety)
30% → Bond Fund (moderate growth)
30% → Stocks/Equity (long-term growth)
This is a very strong beginner portfolio 💰