INVESTMENT WATCH: Where to Invest N5,000 Right Now

Investing in the future has been made easier more than ever before, thanks to Anchoria Asset Management (AAM), a specialist provider of active investment products and services to institutional and individual clients headquartered in Lagos

In its bid to grow wealth and encouraged Nigerians to save, Anchoria Asset Management declared that with just N5,000 and above any person or individual can invest or have access to mutual funds that would help grow their investment without worry.

With as low as N5,000, investors can also choose to invest in the  Anchoria Fixed Income Fund, the Anchoria Equity Fund, and the Anchoria Money Market Fund, three unique mutual fund products designed to suit their needs.

According to Anchoria, to subscribe, all the person or investors need to do is visit their website, www.anchoriaam.com, download the form and fill

Also, the fund (N5,000 or above) can be transferred into its United Bank for Africa, UBA, Account Number: 1022033148 and Account Name: UBA Nom- United Capital Trustees/Anchoria Fixed Income Fund

In the end, the filled form with proof of payment can be uploaded to [email protected] while investors watch their investment grow.

To this end, the company vowed to provide comprehensive financial planning advice and wealth management services, as its boast of a team made up of experienced wealth advisors to help investors make the right investment decisions.

Anchoria Asset Management stated it would leverage on the experience and financial strength of core investors like VFD Group and Anchoria Investment & Securities, market position as well as intelligence of Nigerian financial, forex, and real asset markets.

Apart from Mutual Funds, other services offered by Anchoria Asset Management include Portfolio Management, Liquidity Management, Structured Products, and Multi-Friendly Office.

Recalled that the Central Bank of Nigeria, CBN, recently directed deposit money banks to reduce the minimum interest rate on savings to 10 percent per annum of MPR from an initial 30 percent per annum.

The implication of that directive is that at the current MPR (12.5 percent per annum), the savings interest rate floor is down 250bps to 1.25 percent per annum from 3.75 percent per annum in previous months.

Experts believed that this is likely to discourage savings and increased the marginal propensity to consume (MPC), which could heighten inflationary pressures. And the only way out for investors or banks’ customers is to consider investing in equities.

It is against this backdrop that the Anchoria Fixed Income Fund, the Anchoria Equity Fund, and the Anchoria Money Market Fund are designed and highly recommended for investors. Apart from the minimum amount of N5,000, the interest rate is worthwhile and the highest.

4 comment

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