Mutual fund is a pool on money collected from many investors to invest in securities like equity, fixed income, mixed securities among others. It provides investors with access to investment markets by pooling their money with the money of several other individuals with similar investment goals.
By diversifying investors’ investments, mutual funds assist with minimising the potential risks typically associated with investing. Mutual funds differ to stocks as they are not traded on an exchange and investors can buy and sell through a Fund manager at any time. Units are created and sold to new investors on a continuous basis, so investors can either invest a lump sum or save on a regular basis. Our mutual funds are regulated by the Securities and Exchange Commission of Nigeria.
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