9 Mutual Funds You Can Invest In With Stanbic IBTC

Stocks is not the only type of investment. One of the best investments that you can put your money, especially as a beginner, is mutual fund. Mutual fund is a type of investment where you hand over your money to professional asset managers, and these asset managers go ahead to invest the money into different asset classes. So they can invest in things like bond, they can invest in stocks, they can invest in commercial papers, they can invest in treasury bills, they can even invest in real estate. So as the value of those investment grows, the value of your money will also continue to grow. So once you give your money to an asset manager, you don't have to bother yourself about exactly which asset to invest your money, because these asset managers already know exactly where to invest their money so the money can bring in good returns. One of the best asset manager is Stanbic IBTC. Stanbic IBTC is one of the best asset managers, and they manage large funds for individuals and companies both in Nigeria and also in Ghana. Now here are nine mutual funds that you can invest in using Stanbic IBTC. So number one is Stanbic IBTC Money Market Mutual Fund, and this one returns around 15.29% interest per annum. You can get started with this one with as little as 5,000 Naira. It's a very popular money market mutual fund on the Stanbic IBTC platform. The second one is Stanbic IBTC Guaranteed Investment Fund, and the unit price is 389 Naira 76 kobo. And then we also have the next one here which is Stanbic IBTC Shariah Fund, and the unit price is 153 Naira 81 kobo. The next one is Stanbic IBTC Nigerian Equity Fund, and this one the unit price is around 63,994 Naira 91 kobo. And the next one is Stanbic IBTC Balanced Fund. The unit price is 13,797 Naira 80 kobo. And then another one right here is Stanbic IBTC Iman Fund. The unit price is 1,580 Naira 54 kobo. Then next we have Stanbic IBTC Ethical Fund. The unit price is 7 Naira 19 kobo. And then lastly we have Stanbic IBTC Dollar Fund. So if you want to invest in a dollar asset, you can actually go for this one. The unit price is just 1.70 dollars. So with 1.70 dollars you can get the Stanbic IBTC Dollar Fund. So these are the nine mutual funds that you can invest in using Stanbic IBTC. Now how exactly can you get started? You can go to Play Store or to App Store and download the Stanbic IBTC app. If you already have it on your phone, then you don't need to download it again. But if you don't have it yet, go to Play Store or to App Store and install the app on your phone. After you install the app, go ahead and click on BlueNest. You see a couple of investment that you can make, but just go ahead and click on BlueNest. BlueNest is the second investment option that you see there. Once you click on BlueNest, then go ahead and sign up for an account. After you sign up, go ahead and complete your KYC. Once you do that, fund your account and then you go ahead and pick any of the mutual fund so that you can invest in it. If you have any questions, drop it for me in the comment section below.