₦airaland Forum

Hello! I'm holding individual banking stocks alongside equity mutual funds that probably already have heavy exposure to these same banks. Thinking of selling the individual positions to simplify and avoid redundancy. Does this strategy make sense in practice, or am I overlooking something? I would really appreciate perspectives from anyone who has consolidated their portfolio this way

Did AXA Mansard Equity Income Fund just pay dividends?

I noticed a credit in my account with this description:
"xxxEIF DIV PYT 2025xxx", and it seems to be from AXA Mansard.

I wasn’t expecting any cash payout since I thought this fund reinvests all dividends.

Did anyone else receive this? Is this something new, or have they started paying out dividends now?

Frankly, the margins are thin with most times sliding towards the negative scale. More funds are made building a Value Added Service around that.However, that would require more skills - all that can be learnt from reading materials on the Internet.

P.S - I work as a Software Developer with the SME Bussiness unit of one of the Major Telcos - so speaking from a practical and business POV