the returns on this stuff is just useless. and not Guaranteed . and WOW unto you if you hook yourself w/ an under-performer .

Bought into an equity fund when there was all this blitz about above average returns (remember 2006 and the full page, quarter page ads) – and lived to regret it. Since learnt that its wiser to buy into an equity fund when the market is doing badly.

Then there’s the management fee and some such other costs – there’s nothing as annoying as paying someone to babysit your money when your investment is in the red. Some funds even structure their fees such that you pay a “performance fee” which essentially is a percentage on your returns. An equity fund is fine IF
1.you have a loooong investment horizon.
2.you have no time / desire to manage your own financial affairs

Money Market Funds are for parking your money while you figure out where to invest it. And fast. (useless returns – just slightly better than bank interests).

Get comfortable with the idea before you hand over your money: Invest a small amount in the fund you have in mind – and invest a similar sum (yourself) in the stock market. If they’re doing better than you after, consider them. Or track their performance over time and compare with yours. And yes, most of these people we hand over our money to DO NOT know more than you do about investing in the stock market.

@Aguytrying there is a past thread on zimele here in wazua.check it out...my take-the equities fund will give you far much less than optimal returns.I did it with zimele and ran into losses for over 2yrs after which I liquidated my investment.I am better off with wazua kossip

If you can analyse a financial statement and come up with an investment opinion or analyse numbers from the stock exchange then you don't need any fund management as you are your own management. During the bad financial period people in equity funds lost more than guys who were investing on their own.

@BGL you only managed 59% last year? It was a good year fellows got over 100%

It depends how much you are investing! The higher the amount, the lower the actual return - in percentage of course. You can read on this - must be something to do with investment psychology. Even Warren Buffet is on record saying that he could definitely have higher returns if he was to invest a million dollars than Billions of dollars.

Picture this. I have 20,000/= to invest and you have 20,000,000/=. I can wake up one day and [speculatively] put my 20k in nEveready at 2.90/= a share and somehow - fundamentals or no fundamentals - the share hits 6.20/= and and I'm out! Voila - 100%. I would like to see you pulling the same off with your 20m. Your action alone would actually drive the share to 10/= and then the price heads south after you are done buying. Monkey time!!! And also the kind of stunts we are willing to pull reduce with increasing amounts!