� The climbing dollar
If you invested in a dollar mutual fund in August 2019, you’d have earned 34% in Naira value—today—without adding returns from the investment. Why? Within that time frame, the price of a dollar moved from 365 to 490.

➕ARM funds added to Cowrywise
This week, we added six new mutual funds to Cowrywise. You know what that means? A prop to Cowrywise’ bragging rights. �
For real though, Cowrywise is the platform with the largest pool of mutual funds in Nigeria. That makes it easy for you to compare and make smarter investment choices.

� Transfer window for retirement funds?
Yes. Before a—not actually—new rule, it was impossible to move your pensions from one fund manager to another. So, your fund manager could be giving low rates and you wouldn’t be able to move to another with higher rates—sad old days.
With the new rule, approved in 2014 but enacted this year, you can transfer your pensions once a year from one fund manager to another. �
The first transfer window was on November 16, 2020. It would be nice to have a football like reportage on such days. �

Do you have a retirement plan by the way? �