How to invest wisely, by Stanbic IBTC

How to invest wisely, by Stanbic IBTC

 

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, has organised a webinar aimed enlightening the public about  safe investment.

The session themed ‘Investing in uncertain times’ via Instagram, as part of the Stanbic IBTC #BlueTalks series, featured Head, Investment Management, Fadekemi Obasanya,  and  Fund Analyst, Ekene Nwaokoro, both of Stanbic IBTC Asset Management.

It educated the public on the fundamentals of investing and viable investment options, especially in an uncertain economic terrain.

Obasanya emphasised the importance of gaining requisite knowledge from investment professionals about the best investment options.

She highlighted various investment options offered by Stanbic IBTC Asset Management which  investors could avail themselves of, adding that the organisation has provided avenues to enable customers make financial decisions.

One of the investment options was mutual funds, such as the Stanbic IBTC Money Market Fund, Stanbic IBTC Dollar Fund, Stanbic IBTC Enhanced Fixed Income Fund, Stanbic IBTC Bond Fund, Stanbic IBTC Nigerian Equity Fund and Stanbic IBTC Shari’ah Fixed Income Fund.

The advantage of investing in the Stanbic IBTC Dollar Fund, a dollar-denominated mutual fund, was also discussed as a response to the questions asked on how to hedge against inflation and Naira devaluation.

Individuals were urged to invest wisely, especially as the COVID–19 pandemic had adversely affected the global economy and traditionally viable instruments.

The audience was advised to conduct due diligence and verify crediblity, transparency and safety before investing.

Obasanya stated: “A lot of people fell prey to fake investment platforms in the previous year. It is wise to stay disciplined and informed about credible investment outlets to avoid losing money, as the main objective of investment is to generate regular income and capital appreciation.”

Obasanya added, “People need to be mindful of the type of investment they put their money in. This is why we designed a tool called ‘InvestBeta’ for intending investors to identify their risk appetite, which simply means the amount of risk they are willing and able to take, as well as the available investment options that can help them achieve their investment objective. There are also well-experienced financial advisors on standby to help investors decide on the most suitable options for them”.

Stanbic IBTC Asset Management is an award-winning financial institution offering an array of advisory and investment services ranging from traditional assets: equities, fixed income securities, and mutual funds. The organisation has proven to be a leading investment firm by constantly demonstrating a high level of professionalism and integrity with its product offerings and services.