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

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 high-risk appetite.

  • Afrinvest Plutus Fund (APF): Afrinvest Plutus Fund offers the safety of capital and allows users of all income levels to invest in low-risk short term, highly liquid securities like treasury bills and commercial bills. This is a low-medium risk investment and suitable for investors with low or medium risk appetite.

  • Nigeria International Debt Fund (NIDF): Nigeria International Debt Fund invests in FGN bonds, corporate bonds, and selected money market instruments. NIDF is best for investors with low-medium risk appetite as well as relative patient capital and suitable for investors with low risk appetite.