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STANBIC IBTC MONEY MARKET FUND
Though mutual funds are not as popular in Nigeria as stocks, a sizable number of investors keep purchasing them instead of individual stocks.
Analysis on the inflows and outflows into and from Nigerian mutual funds, shows that FBN Money Market Fund attracted the largest inflow in January, 2019.
Sometimes, the fear of poor stock market performance forces conservative and risk-averse investors to sit on their cash...