₦airaland Forum

AIICO Rate

Our MMF rate for today.

Do well to reach out to me for further enquiry.
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Gokoyer0:
Thank you.

Which one do you think I should focus on for wealth building and for long term plan? The word "aggressive", ""moderate" and "conservative" is it referring to longevity or riskiness of the funds? I checked, I realised that conservative(e.g Trustbanc) has highest ROI over Moderate (United Capital Balanced), and
Aggressive (Afrinvest Equity Fund). I know the higher the return, the higher the risk. So this makes the classification more confusing. What does the word "aggressive" means?

I am a newbie, I only invested in cowrywise stocks and a bit of foreign bonds. I want to dive into thier mutual funds because of compounding effect.

The aggressive investments as indicated means those investments are risky. Balanced funds invests a certain percentage of the portfolio in equity while a certain percentage is invested in low risk instruments. The conservative yield is higher at this point because everything reset as the start of the year, eventually towards the end of the year, most of the "aggressive " portfolios would have yielded over 30% and more or negative in some cases.
So yeah, you could lose in the aggressive.

AIICO money market current rate.
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Beeron:
Trustbanc is doing better today than this.

19.42%

That's right. AIICO is doing better than others too. And as you know, these rates fluctuates and could get better in the coming days.

AIICO money market fund rate for today.