Mutual Funds
Is there provision for an advisory to contact on investment relating to mutual funds?
Yes, kindly send an email to support@optimus.ng or call our contact line 02016312940
Can I invest in mutual funds for my children?
Yes, you can invest in mutual funds for your children.
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.
Is my dividend paid into my wallet or is it added to my capital for my investment?
Yes, your dividend is paid into your wallet except you opted in for auto invest dividend.
How often is the dividend paid?
Dividend is paid based on the mutual fund invested by investors. Afrinvest Plutus Fund: Dividend is paid quarterly (four times in a year, every three months) Nigeria International Debt fund: Dividend is paid biannually (two times in a year, every six ...
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 is the minimum amount I can use to invest?
The minimum amount you can invest in Naira is N1000. The minimum amount you can invest in Dollar is $10
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.
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.
Can I lose all my money in mutual funds?
No, you can’t lose all your money.
How do mutual funds help manage risk?
Mutual funds help in managing risk by allowing investment experts to invest for investors.
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 ...
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.