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Stats: 2,753,771 members, 6,541,232 topics. Date: Saturday, 16 October 2021 at 03:24 PM
|The Future Of The Discovery Fund by Obalende: 8:48am On Nov 15, 2007|
Using this as a long term investment vehicle to churn up funds for another investment - what are nairalanders opinion on the 7-10 yr performance of this Discovery Fund.
My money doubled from 2005-2007 (not bad for a mutual fund); based on this, I am thinking of investing more funds but just wanted to get opinions.
Any insights most welcome especially as to performance indices of mutual funds in helping me decide.
|Re: The Future Of The Discovery Fund by afam1(m): 1:41pm On Nov 15, 2007|
the discoveryfund is not doing badly at all;
at least from jan to date the fund has done 52%while the aggressive growth fund(another product from ARM)has done 72%,and its currently on i.p.o for N20 per unit and the minimum u can purchase is 2,500 units (N50,000).
u can contact AFAM ON 08038673022,FOR MORE ENQIURY
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