ArmDiscovery Fund: A low risk way of Investment...

While explaining to a friend of mine 6 months ago how he can invest with low risk by buying penny stocks, i noticed that he was not really interested in studying the market, doing repeated calls to stock brokers as well as reading analysis from websites and newspaper.
After careful and considerable analysis, i discovered that investing in mutual funds will be a perfect solution and i took my time in investing in one of them to see how it works. After searching online for the most appealing fund manager in terms of low start-up, good customer services as well as detailed explanation on how it works, i settled for Arm Discovery Fund.

I sent in an application form on the 25th of december, and i was directly attached to a Arm discovery agent who managed my account. i then fund my account with NGN10,000( which is the minimum), and guess what......my account has appreciated to about NGN14250, which
is an increase of about 9.5% every month! What would have been my gain had i invested N100,000?, N1,000,000?, I guess you can do the figures mentally.

So what is mutual fund?

its just a pool of money provided by individual investors, companies & organisations. A fund manager then invest the pool of funds by providing the highest yield with the lowest risk. One good thing about mutual funds is that of diversification, which is the idea of spreading money across different investments. Choosing to diversify funds basically reduces investment risk tremendously.
so basically the pool of funds is invested by the fund manager in stocks, real estates, Forex, fixed incomes, government bonds, oil blocs e.t.c and the professional management of the fund manager coupled with the high liquidty of shares in a mutual fund as well as the convenience of services is what makes mutual fund a better alternative for the lazy investor.
If you need to know more about Mutual funds, i suggest you read Mutual funds 101.
And so i'll recommend the Arm Discovery fund( not that i am on their payroll or something) as its the one that i have tried and tested. While there are the likes of IBTC ethical funds, Coral funds, i still prefer Arm Discovery fund as they have a low start-up of N10,000 and then you can deposit a minimum of N5,000 every month if you so much desire to build up your portfolio. Investing in arm discovery fund becomes more easier with the introduction of direct debit, which means that if you have an account with the likes of Guarantytrust bank, you could mandate your bank to automatically fund your account with armdiscovery fund every month.
Investing in the fund is done by buying units which is similar to buying on the Nigerian stock Exchange, except that buying the unit of the fund is to indirectly buy all the assets that the fund invest in. You'll also get a certificate of investment as well.

How to invest

Investment can be done, by first of all visiting the ArmDiscovery website, and reading more about the mutual fund, then you can make a decision on your start-up capital ( minimum is N10,000) which can be paid into any of their two bank accounts (GTB & First bank) and you'll recieve an investment certificate which will state the number of units that you bought in the fund. subsequent investment will be acknowledged investment
reciept will be issued.

So what next..
What are you waiting for?, This is more safer than investing in various HYIP that do not have any legal backing, nor have a future of sustainability. I personally was attached to a fund agent who basically taught me all the intricacies of the fund. Need i say as well that she was really nice and was willing to go extra miles in helping out, which i constitute to be a great customer service. For those who have enough reasons to believe me, you can contact Tina via email on florentine.ondoa@armdiscoveryfund.com or possibly ring up 08023585756 or visit their headoffice in ilupeju which is at 68C Coker Roadby Town Planning/Coker Junction,Ilupeju, Lagos.
Others can visit the website for more information at http://www.armdiscoveryfund.com/