SHOULD I INVEST IN MUTUAL FUNDS?

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‎Dear sir,
I’ve been considering investing in mutual funds for sometime now. ‎Just went on Nairaland and saw some scary ordeals. I would like to ask your candid opinion on investing through this means and the best firms to work with. Also, I would like you to suggest other mid-term/long-term investment means (I know of Treasury bills) that you think would be best…especially those that take a modest sum to begin with, say N10,000-N50,000 and that subscriptions can be added to regularly/rolled over.
I hope to hear from you soon.
Best regards,
D.O
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I passed this to JarusHub investment specialist:

Emma

Emmanuel Ewumi

(Over 20 years investing experience in Nigeria’s financial markets)

Investing in mutual funds is not a bad idea for people who do not have the knowledge, resources and time to manage and monitor their investments.
Even though one invests in mutual funds, it is imperative for everybody to learn the rudiments of finance and investment, so that we can all be able to make informed business and investment decisions.

Although I do not invest in mutual funds, but I will recommended the following mutual fund managers;

1. FBN Capital
2. IBTC Asset Management
3.ARM
4. UBA Capital

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