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Home Companies Company News

The difference ₦1000 can make

NM Partners by NM Partners
December 19, 2018
in Company News, Corporate Updates
The difference ₦1000 can make
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Ever thought that only ₦1000 can help you start the journey to long-term wealth and rewrite your story? Do you wish your money could work for you while you hustle, allowing you to spend yet still plan for a future with no financial struggles? If you’re preoccupied with these thoughts, you’re about to experience a great financial breakthrough.

The economic reality might leave many people feeling that it is impossible to have a sustainable income, much less being able to invest. To the average Nigerian, investment is for the big boys and girls in the society, who have a lot of money lying around. That’s where you are wrong. Mutual funds such as the Legacy Money Market Fund (LMMF) not only make investing easy, you don’t need to have so much money to get started. With as little as ₦1000, you can start investing in a great future!

The Legacy Money Market Fund (LMMF) is a mutual fund managed by First City Asset Management Limited, a member of FCMB Group. The objective of the fund is to preserve capital and generate a stable income for everyday people like you and I. The best part? With just ₦1000, you can get started!

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Yes, with only ₦1,000, the LMMF will pay you interest every 3 months or for the period of investment, if the period is less than 3 months. The LMMF invests in high quality, and local currency Money Market Instruments rated at least A, all for you. Interested? Please click here.

The LMMF is an example of a mutual fund, which is an investment vehicle that pools the savings of investors and invests the money on their behalf in instruments such as Money Markets, Bonds, Equities, and other types of securities. It brings together investors with similar investment objectives.

The investment objective of a mutual fund reflects the return goal and risk appetite of investors in the fund. For example, a Money Market Fund will invest in only Money Market Instruments such as Fixed deposits and Treasury bills, while a Fixed Income Fund will invest primarily in Fixed Income Instruments. In addition, an Equity Fund will invest mainly in stocks. In Nigeria, all mutual funds are regulated by the Securities and Exchange Commission.

Don’t forget, start your investment journey with the Legacy Money Market Fund today. It’s easy and affordable. Click here to begin.


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Tags: FCMB GroupFirst City Asset Management LimitedLegacy Money Market Fund
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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