By Aduragbemi Omiyale
The mutual fund investment app of SFS Capital, the SFS Fund Mobile App, has recorded a 300 per cent uptick in downloads less than one year after it was launched.
The SFS Fund Mobile App has exciting features that have endeared it to new and existing users. The app has an easy-to-use interactive dashboard; it also allows retail investors with N5,000 to start an investment.
In addition, users can make direct transfers from their banks to their virtual accounts and have access to third-party payments to make payments directly into users’ investment accounts.
In the second half of 2022, the SFS Fund Mobile App was launched to enable individuals to begin their investment journey with ease.
“There’s no doubt that investment apps became really popular last year, and we are extremely excited about the growth of the SFS Fund Mobile App and how it is playing a role in encouraging more individuals to start their investment journey with Mutual Fund,” the Managing Director and CEO of SFS Capital, Mr Patrick Ilodianya, said.
Globally, there has been a rise in the usage of retail investment apps. The COVID-19 pandemic induced pragmatic investment decisions by individuals, coupled with increased accessibility to mobile, enabled more individuals to start investing.
The SFS Fund Mobile App is apt for individuals who need a trustworthy, secure and easy platform for high-yield investments in mutual funds.
The app is available for download on Android and iOS. Investments made via the app are managed by seasoned investment experts in the Nigerian financial market who ensure that the returns paid to investors range from 11 per cent to 17 per cent per annum.
The fund has consistently maintained an “AA+” rating which is the 2nd highest possible rating for a mutual fund, and has a highly competitive return on investment and no pre-termination charge.
Investment in mutual funds is a proven recipe for wealth creation, given the opportunities and flexibility it presents to investors.
“This year, we will like to encourage more individuals to make a more decisive move concerning their finances. Investing in mutual funds via the SFS Mobile Fund App makes it possible for individuals to begin to build wealth, especially in an economy like ours that is characterised by downturns and uncertainties,” Mr Ilodianya added.
The SFS Mobile Fund App is part of SFS Capital’s digitisation narrative as the investment management company builds on the legacy it has as a leading Nigerian non-bank financial institution.
