1️⃣ Naira Mutual Funds:
Cowrywise offers two types of funds: Fixed Income Funds and Balanced Funds, each of them designed for different levels of risk and return. Fixed income funds are more stable, while balanced funds combine stability with moderate growth. They are both managed by professionals, so you don’t need to actively trade, just invest and allow your money to grow over time.
Cowrywise offers two types of funds: Fixed Income Funds and Balanced Funds, each of them designed for different levels of risk and return. Fixed income funds are more stable, while balanced funds combine stability with moderate growth. They are both managed by professionals, so you don’t need to actively trade, just invest and allow your money to grow over time.
How to invest: On the app, click Invest → Naira Mutual Funds.
2️⃣ Dollar Mutual Funds:
This allows you to invest in dollar-denominated assets, helping you earn in foreign currency and hedge against naira depreciation. It is especially useful in Nigeria where exchange rate fluctuations can affect the value of your money.
How to invest: Click Invest → Dollar Mutual Funds.
3️⃣ Halal Investments:
These are ethical investments that comply with Islamic finance principles. Cowrywise has three Halal options: Halal Fixed Income, Balanced Portfolio, and Commodities Portfolio. They are all suitable for investors who want to grow their money while adhering to ethical or religious guidelines.
How to invest: Click Invest → Naira Mutual Funds → Halal.
4️⃣ Stocks (NG Stocks):
On Cowrywise, you can invest in shares of companies listed on the Nigerian Exchange directly through the platform. Stocks offer higher return potential, but they also come with higher risk, so proper research and long-term thinking are important.
How to invest: Click Invest → NG Stocks.
5️⃣ Saving Plans:
Cowrywise provides structured savings plans for different goals: emergency funds, rent, education, car, or personal projects. These plans help you stay disciplined by automating your savings and reducing the temptation to spend.
How to invest/save: Click Invest → Savings.
⚠️ NOTE: This is neither a paid advert nor a recommendation. It is simply my FREE investment awareness for all my followers. I am not asking you to invest in Cowrywise; I am simply informing you about the investment options available there. Whatever decision you choose to make regarding investments is entirely yours.
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