Can I invest in mutual funds for my children?

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• How do mutual funds help manage risk?

  Mutual funds help in managing risk by allowing investment experts to invest for investors.

• How can I fund on mutual fund?

  You can fund directly from your card or through your wallet and move the funds to any of your preferred mutual fund.

• Must I have a BVN to send money to invest?

  While a Bank Verification Number (BVN) is not required to send money via Western Union, you will need a BVN to receive funds in your Optimus by Afrinvest account. Your account must be verified with a BVN to access and invest the funds.

• What are the different types of mutual fund on the Optimus app?

  There are three naira mutual fund and one dollar mutual fund. Afrinvest Equity Fund (AEF): Afrinvest Equity Fund invests in shares of companies listed on the Nigerian Exchange Group. This is a high-risk investment and suitable for investors with ...

• Can I lose all my money in mutual funds?

  No, you can’t lose all your money.