Do I need to understand stock, bond, or money markets before I invest in a mutual fund?

Do I need to understand stock, bond, or money markets before I invest in a mutual fund?

While it’s important to understand all these money market instruments, we have investment experts representing and understanding investors’ interests. 

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    • What is a mutual fund?

      A mutual fund is a pool of money from many investors that are invested in different assets such as stocks, bonds, or money market instruments.

    • 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 ...

    • 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.

    • 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.

    • Can I invest in mutual funds for my children?

      Yes, you can invest in mutual funds for your children.