There are several classes of mutual funds that you can opt for in the market today, and indeed this is a bewildering choice. We have analyzed a few types of funds to give you a better sense of which funds might be reasonably expected to do better in the long run.
Mutual funds are one of the best ways to invest one's money, given the sheer number of choices catering to every type of investor preference, the fact that one need not monitor the investments on a minute to minute basis (unlike if one's investments were directly made into securities), and the ability to diversify one's portfolio without high initial capital. Equity funds, Debt funds, Money market funds, balanced funds are some of the different kind of funds under mutual fund.
Afrinvest Asset Management Limited, managers of The Nigeria International Debt Fund has notified The Nigerian Stock Exchange (NSE) that the Trustees of the Fund has approved the distribution of N44,171,877.51 (Forty-four million, one hundred and seventy o
In general, Mutual Funds remain one of the professionally managed investment schemes for pooling funds from various investors together in order to purchase securities. Most mutual funds are "open-ended," and this implies that stockholders can buy or sell
Mutual Funds as explained in a recent published article Mutual Funds and their objectives come with attractive benefits which make them a popular investment vehicle in recent time. Some of these benefits are the reasons why one should consider investing
NAV is the value of total asset (net of expenses) per unit of the fund and is calculated by the Fund Managers at the end of every business day by deducting all expenses from total assets and the resultant value divided by the number of units in the fund.
A Mutual Fund based on its simple definition is an investment vehicle for investing in stocks, bonds, money market instruments and other types of securities, by pooling funds (money) from a several investors.
Mutual funds are usually described as a best alternative investment vehicle for most inexperienced investors, who seek average returns or returns above inflation (that’s what most mutual funds promised usually).