Glossary of Key Terms

Glossary of Key Terms

  • Optimus by Afrinvest: An investment platform that enables saving and investing in Naira and Dollars.
  • KYC (Know Your Customer): A process for verifying the identities of clients.
  • Afrinvest Asset Management Limited (AAML): A portfolio manager in Nigeria licensed by the SEC.
  • BVN (Bank Verification Number): A unique identifier for banking customers in Nigeria.
  • OptiFlex Product: A savings plan that offers fixed interest rates and allows periodic savings.
  • OptiLock Product: A savings product that allows setting aside a lump sum for a fixed period.
  • Mutual Funds: Investment vehicles that pool money from many investors to invest in various assets.
  • US Stocks: Shares of international companies available for investment on the platform.

This glossary includes terms related to the platform’s services, products, and regulatory aspects. If you need further details or definitions, feel free to ask!

    • Related Articles

    • How do I create a savings plan on OptiFlex?

      On the Home Screen Scroll down and click on Optiflex Click on either earn in Naira or Earn in Dollar depending on the currency domination you want to earn Click on start saving Name your plan Add the amount you want to save Select funding source ...

    • How to create an account?

      Visit www.optimus.ng or download our app from Google Play or the Apple app store.   After downloading the app, open the app and click on sign up to create an account.   Enter your email address, phone number and create a strong password Tick the box ...

    • What risk management tools do you offer for US stock investors, and how do they work?

      Optimus by Afrinvest offers several risk management tools designed to help users manage their investments effectively. Optimus emphasizes asset class diversification to manage risk. By spreading investments across various asset classes, the platform ...

    • What measures do you have in place to manage market volatility for US stocks?

      Optimus by Afrinvest offers several features and strategies to manage market volatility for US stocks. Here are the key measures and tools provided by the platform: Market and Limit Orders: Optimus allows users to place market orders, which are ...