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Summer is blooming in many parts of the world.
The radiant sun calls outdoor enthusiasts to organize fun-filled picnics. The joy it brings is similar to the advantages of investing in mutual funds. Let’s see how.
While it’s mostly rainy in West Africa, the occasional treat we get from the sun encourages outdoor relaxation at the beach.
A summer picnic with friends at the beach, where each friend comes with a unique tasty meal is the best. So, instead of a limited supply of treats you pack for yourself – pies or jollof. With friends, there’s a chance to enjoy more – from burgers to salads, spaghetti and wine or zobo.
This scenario is similar to how you can pool investments with mutual funds.
Instead of investing in one stock or bond, a mutual fund allows investors pool their money to buy a mix of investments and everyone shares the risks and rewards of the investment. You don’t need to have a lot of money by yourself to reap the benefits from a pool of investments. Just like you and your picnic friends can enjoy different tasty treats at low cost.
Investing in mutual funds is a smart way to put more money in your wallets and secure it too.
Need more convincing? Here’s why and how beginners can invest in mutual funds.
Why Own a Mutual Fund?
• Appreciation: The Main Course of Growth
Mutual Funds offers high growth potential as it carefully selects assets and securities that are like the ripest fruits and tastiest treats with expected growth in value. This simply means you will reap bountifully with mutual funds.
• Capital Gains: The Sweet Rewards
Imagine biting into a juicy piece of fruit and enjoying a delightful surprise. That’s what capital gains feel like! When the investments within your mutual fund portfolio grow in value and are sold for a profit, you get to enjoy the sweet taste of capital gains.
• Distributions and Dividends: The Picnic Bounty
Admit it, there is joy in sharing. Mutual funds distribute the earnings from appreciated assets as dividends to investors. These dividends, much like the scrumptious snacks passed around at a picnic, provide a form of steady income stream for shareholders.
• Liquidity: Reap Your Investments, Anytime
Mutual Funds offer high liquidity. It ensures financial flexibility and convenience by making your investments accessible whenever you need them.
• Exchange Privileges: Variety is the Spice of Life (and Your Portfolio)
Some Mutual Funds provide the flexibility to exchange your investment from one fund to another within the same category, just like picking a different tasty treat from your well-stocked picnic basket. There is no extra charge for this delightful privilege.
• Automatic Investing: Less Effort, More Growth
Mutual Funds allow you to set a recurring investment plan, so a fixed amount is automatically deposited into your chosen fund at regular intervals, weekly or monthly. Just like a self-replenishing food tray.
Embark on your Investment Picnic with Coronation Mutual Funds
The different Coronation Mutual Funds cater to different financial goals and risk appetites, ensuring you have the right provisions for your journey. These Funds are:
- Coronation Money Market Fund
- Coronation Fixed Income Fund
- Coronation Balanced Fund
- Coronation Dollar Fund
- Coronation HNI Fixed Income Fund
No matter what your financial goals and risk appetite are, Coronation Mutual Funds offers you perfect options with which you can secure your future.
Ready to hop on the investment picnic and start savouring high yield returns?
Reach out to our team of financial experts to guide you through your investment journey by sending an email with the subject:
Coronation Conversations to Sales@coronationam.com
A cautionary word of advice – you should carefully select the right mix of assets to suit your risk appetite and financial goals, it is best for you to speak to a financial advisor for guidance.
Do you know you can track the value of your investments with a monthly Mutual Funds performance report from Coronation Research? Click here to start investing in Coronation mutual funds today.
To grow your knowledge on investing and more, sign up on our investment academy for personal finance tips.
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