ARM Mutual Funds now on Cowrywise

We are pleased to announce our partnership with Cowrywise – our Mutual Funds can now be accessed on the Cowrywise platform.

This partnership gives us access to empower more individuals to fulfil their dreams and encourage them to imbibe a healthy investment habit.

Speaking on the collaboration, Henrietta Bankole-Olusina; Managing Director, ARM Financial Advisers, stated; “Our goal is to empower individuals to fulfil their dreams and encourage them to imbibe a healthy investment habit. Our range of mutual funds cater to different needs depending on their investment goal and risk profile.

The ARM suite of mutual funds is a diverse one. Its offerings fit the desires of various types of investors. Below are our current offerings.

  • ARM Money Market Fund: this is a low-risk fund that invests in instruments like treasury bills. A good fit for short term investors.
  • ARM Fixed Income Fund: like other fixed-income funds, this is a medium-risk fund. It’s a great option for medium to long term goals, as it can serve as a source of steady income.
  • ARM Ethical Fund: helps investors put their money in firms that align with a strict ethical selection.
  • ARM Discovery Balanced Fund: designed for a balance between equities and fixed income. It’s a medium-risk fund.
  • ARM Aggressive Fund: got a long-term view? This is your fund. Though high-risk, it helps your investments grow over the long term.
  • ARM Eurobond Fund: this fund gives you access to investment instruments denominated in United States’ Dollars. Also, it is excellent for protecting your investments from currency depreciation.

Today, all above-listed funds are accessible on Cowrywise with any amount and in few clicks.

Yarmirama Ashama, Product Manager at Cowrywise, described the recent partnership as an expansion of the opportunities that come with investing with mutual funds. In her words, “We cannot raise a new generation of investors alone. This is why partnerships with fund managers like ARM are important. Having them onboard feeds this vision, and we are excited about the results that will follow.”

5 smart things to do with your year-end bonus

If you’ve received your year-end bonus for the year or you’re expecting it, it can be tempting to consider having a splurge in the name of Detty December or convince yourself you deserve an extravagant treat.

But before you throw caution to the wind and deplete that windmill, take some time to consider how you truly want to use it. No matter the size of your hard-earned bonus, you should think about how it can best serve you and your goals in the short and long term.

Here are 5 ways to use your year-end bonus to expand its benefits into the new year and beyond.

1. Pay off debt

If you have a high-interest debt running, a part of your bonus can help shave a part, if not all of it off. You’ll breathe easy knowing you owe no financial debts to anyone.

2. Grow your emergency fund

2020 has taught us one big lesson- always be prepared for emergencies. Throw some part of your bonus into your emergency fund or use it to create one if you don’t already have it. You want to have a financial cushion in case of life’s unexpected moments.

3. Invest in your goals

Whether those goals include putting aside money for your children’s university education, financing your business, renting a bigger apartment, buying a portion of land, getting an MBA abroad, and more; your bonus will help you get closer to achieving it.

4. Invest in yourself

Perhaps there’s a skill you’ve always wanted to learn – one that could help improve your earning power or land you an entirely more lucrative job? Use your bonus to develop that skill and that’s you investing in your future.

5. Diversify your portfolio

Been thinking of spreading out your investment? Now may be the time to go for it with this bonus. When you diversify your investment portfolio, you minimize the risk of loss such that if one investment performs poorly over a certain period, other investments may perform better thereby reducing the potential losses. You also open different sources for returns while in some cases protecting your capital.

Now, let’s say you’ve got the above-mentioned covered and still have some impressive change to spare from your year-end/13th-month bonus – you can go ahead and give yourself the much-deserved treat and roll into the new year motivated to make a greater impact.

Click here to diversify your portfolio today or reach us via [email protected] for financial advice.

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Market Update October 2020

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Equity: The equity market sustained its bullish momentum over the month of October with MoM and YTD return at 13.78% and 13.74% respectively. We attribute the stellar rise to the improving domestic investors’ appetite as yields in the fixed income instruments continues to depress.

On a sectorial basis, the market was driven by the following sectors including industrial (+27.88%), Telecoms (+41.02%) and Banking sector (+7.24%).

Going forward till the end of the year, we expect increased domestic investors’ participation in the Nigerian equity market due to the negative real return offered in the fixed income space.

[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/4″][image_with_animation image_url=”8338″ alignment=”” animation=”Fade In”][/vc_column][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”3/4″][vc_column_text]Fixed Income: The yields in the fixed income market continued its downward trend over the month of October. The buoyant level of system liquidity remained the major driver for the downtrend as it averaged c.N400 billion over the period. Consequently, fixed income yields declined by an average of 160bps to 3.71% across the short – mid end of the curve.

Over the rest of the year, we anticipate further reduction in yields given the lower borrowing from FG and level of system liquidity.

 

[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/4″][image_with_animation image_url=”8343″ alignment=”” animation=”Fade In”][/vc_column][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”3/4″][vc_column_text]Oil Prices: Crude oil prices remained volatile over the course of October, with Brent and WTI prices rising to $43.34 and $41.46 respectively on the back of optimism of stimulus package.  Also, over 92% of crude oil production shut down in the Gulf of Mexico due to Hurricane Delta supported the rally in oil prices.

However, on the flip side, concerns about weakening demand on the back of rise in Coronavirus cases in US as well as lockdowns across Europe and uncertainty about US election tapered down the gains earlier recorded in crude oil prices.
Overall, Brent crude oil prices fell by 9%, while WTI declined by 11% on a MoM basis to close at $37.46 and $35.79 as at 31st of October 2020.

Looking ahead, short term oil fundamentals look benign, however we expect gains to be capped by ongoing uncertainty fueled by rising cases of Coronavirus as well as dichotomy between crude oil demand and supply.

 

[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/4″][image_with_animation image_url=”8365″ alignment=”” animation=”Fade In”][/vc_column][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”3/4″][vc_column_text]Inflation: Nigeria’s headline inflation surged to its highest level since February 2018, at 13.7% YoY in September, slightly above our estimate of 13.56% YoY. Again, headline inflation was driven largely by higher food inflation, which accelerated to 16.7% YoY, from August’s 16.0% YoY. While the speed of the increase was somewhat a surprise, food inflation has been pushing higher since mid-2018, with renewed upward momentum following the land border closures in October 2019. Ongoing security, weather-related and structural challenges further added to the rising trend.

Looking forward, we expect the uptrend in year-on-year headline inflation to persist due to sustained impacts of the border closure, adverse impact of elevated transport cost, climatic factors, and FX market restrictions.

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Currency: Across the three FX window, the Naira remained relatively stable against the dollar. We link the stability to a number of factors including stable FX reserve, oil price stability and CBN policies on foreign exchange transactions. Consequently, the parallel market hovered around N460- N465/$ whilst the IEFX and official rate remained flat at N387 and N379 respectively.

 

 

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Outlook: For the coming month, we anticipate further reduction in yields given the lower borrowing from FG and level of system liquidity. For equities, we expect increased domestic investors’ participation in the Nigerian equity market due to the negative real return offered in the fixed income space.

We will continue to invest your assets in safe instruments, as we seek to preserve the value of your assets.

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ARM does not accept cash. The acceptable means of payment are cheques, bank transfers & online transfers. If you suspect any unusual activity on your account or in your dealings with ARM, we advise that you kindly call 0700WHISTLEBLOW (070094478532569) or click here to file a report.

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