Best Mutual Funds to Invest



A mutual fund is a professionally managed investment product that pools funds from many investors to purchase a portfolio of assets including bonds, stocks and other securities. With the growing popularity in recent years, mutual funds are a great choice if you wish to diversify your assets while minimising risks and increasing your earnings. Some of the best mutual funds to invest in Nigeria are offered and managed by FBNQuest, the capital and asset management subsidiary of FirstBank of Nigeria plc. In this article, we rank the top mutual funds in today’s capital market in Nigeria, as well as why you should consider investing in mutual funds. Let’s begin!

Why invest in Mutual Funds?

Mutual funds come with great benefits for investors. Here are 2 reasons why you should add a mutual fund to your portfolio.

1. Diversification

Mutual funds have a built-in diversification strategy, a single fund typically invests in a wide mix of asset classes, ensuring that risk is minimised if any one of the assets should experience a market swing.

2. Professional management

Mutual funds have an active fund manager who is responsible for conducting research and selecting which securities the funds will be invested in. This set-up makes mutual funds highly attractive as your asset can be managed by an expert for a much lower cost than if you had to hire a brokerage firm.

3. Affordability & liquidity

Mutual funds usually have very low investment amount requirements which makes them accessible to all kinds of investors. Mutual funds are also easy to sell making it less complicated to redeem your funds.

How to select the Best Mutual Funds to Invest in Nigeria

When searching for the best mutual fund to invest in, it is important to first consider the following:

What are investing goals and risk tolerance?

Understand the fund’s investment strategy and management approach

Research performance and pricing history of the fund

Pick a fund backed by a reputable financial company

Choose a fund with affordable operation fees

Best Mutual Funds to Invest in Nigeria Ranked

Here is our list of the best mutual funds to invest in, ranked based on their performance history over the years and the most current year-to-date return reported by September 2022.

Invest in the Best Mutual Funds in Nigeria

FBNQuest offers some of the best mutual funds to invest in for short, medium and long-term financial goals. Our market-leading mutual funds are managed by seasoned fund managers and have seen impressive returns over the years. To learn more about our fund performances, click here. You can also request a member of our team to contact you and help start your mutual fund investment journey by filling out this form https://fbnquest.com/asset-management/contact/#form

Contact Us :

Call us at 01–2801340–4

Email Us at ccu@fbnquestmb.com

Address :

Lagos

16 Keffi Street, Off Awolowo Road, S.W. Ikoyi, Lagos, Nigeria

E-MAIL: ccu@fbnquestmb.com

Website -https://fbnquest.com/

Visit Link — https://fbnquest.com/four-of-the-best-mutual-funds-to-invest-in-nigeria/


Location: 16 Keffi St, Ikoyi 106104, Lagos, Nigeria

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