First National Launches the Country’s First Saving Fund
First National Finance Corporation has opened for subscription a savings fund marketed as Money Market and Savings Fund which was launched on the 15th of July 2022 commemorating its first anniversary.
The Money Market and Savings Fund aims to generate attractive risk-adjusted returns well above competitive products available in the market. Licensed by the Capital Market Development Authority (CMDA), First National Money Market and Savings Fund is a private investment fund.
With rising inflation rates and worries about uncertainty, the money market funds are appropriate financial instruments to protect, preserve and grow savings kept aside.