What is a mutual fund?

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• 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.

• What is the interest rate on each mutual fund on the app?

  There is no fixed interest rate on any mutual fund investment. Interest rate is dependent on the movement of the market.

• 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 ...

• How do I differentiate which mutual fund is right for my investment?

  This is dependent on the duration of your investment and your risk appetite.

• 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.