Q. What are the different types of mutual fund on the Optimus app?
Optimus Support
Last Update 5 months ago
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.