AstraVest Frequently Asked Questions

AstraVest gives users one verified naira wallet to save, invest in mutual funds, treasury bills and real estate, pay bills, and spend with a USD virtual card.

AstraVest is for users who want:

• Stable investment opportunities with less volatility
• Low-risk investment opportunities
• To grow their money in a safe and stable asset class
• To hedge against inflation
• Simple platform to buy trade and manage investment across different sectors

We know there are other investment opportunities, but for now, we focus on lower-risk, regulated products. All investing carries risk, and you can lose money, so we have chosen products that are regulated and professionally managed:

• Mutual funds managed by licensed fund managers.
• Treasury bills issued by the Central Bank of Nigeria and Nigeria's Debt Management Office (DMO) on behalf of the federal government.
• Real estate projects that are vetted and built by reputable developers.

We will add other opportunities as we grow and when we can manage the process for you.

AstraVest was built with security in mind at all levels of interaction. Customer data is encrypted and securely stored. We do not store your card information as we work with a PCIDSS-compliant payment processor to handle all our customers’ card details. The PCIDSS is a standard guide, globally, that all reputable payment processors must adhere to.

AstraVest is a digital sub-broker and has partnered with Prominent Securities Limited and SEC licensed broker to comply with all relevant laws in Nigeria.

AstraVest works with partners who have been vetted and regulated. Your money with them is backed by strong balance sheets of over $140M in assets and strong liquidity.

All investments carry some risk, and the value of investments can go down as well as up.

You can invest in four mutual funds, each managed by a licensed fund manager:

• Money Market Fund - conservative
• Fixed Income Fund - liberal
• Aggressive Growth Fund - ambitious
• Halal Balanced Fund - balanced

The risk labels describe each fund, not a recommendation. Choose the fund that fits your goals and how much risk you are comfortable with.

1. Open the Invest tab.
2. Choose a fund.
3. Enter the amount you want to invest.
4. Confirm with your PIN.

The amount is paid from your naira wallet.

Treasury bills are short-term securities issued by the Central Bank of Nigeria on behalf of the federal government.

To invest, you choose an offer and a tenor. The rate is shown before you confirm, and rates may change between offers.

Yes. Portfolio shows your holdings, their value and your estimated returns. Returns are estimates, and rates may change.

Fixed-income products are low-risk asset classes that have a predictable and fixed return on investment. They include treasury bills and government-backed securities which are low-risk. Others are low-risk investment opportunities such as corporate bonds, fixed income from expert-managed trades and high-quality commercial papers.

The returns on investment vary depending on the product, the managers, the economic outlook and price movements. We have put together a bucket of instruments to offer you a variety of options to choose from.

No, fixed income is not better than trading, people choose fixed income for low risk and the opportunity to have experts manage their funds.

When you invest in fixed-income products, your investments grow by every day as the annualized return moves towards maturity.

Most fixed-income products have an agreed time of maturity. Once you have invested in the fund, you will have to wait for the product to mature. Once the period of maturity is reached, your wallet will be automatically credited with the capital and profits.

These are building projects for residential and commercial purposes. Some are built for renting and some are sold out rightly after development. Our real estate offerings are buildings from reputable and vetted developers with agreed building durations, agreed prices and managed expectations. The buildings are usually in urban areas where there is a fast-moving real sector and the properties are in high demand.

On AstraVest, people collectively put money together to execute a building project. They become co-owners of the structure according to the amount they have contributed. For example, if it costs N50 million to develop a building, this sum can be broken down to 2,500 units of investment blocks of N20, 000 each. As a user, you can buy as many units as you want. Your ownership will be the number of units you subscribed to. If you decide to buy 500 units, you will own 25% of that property. When the property is sold, the return on investment will be shared according to the number of people who invested and the units they contributed. If it is a rental income, your return will be proportionate to your owned/subscribed units in the total units of that property.

We have put together a great list of real estate projects and the names of the developers in each product. As an investor, you can also go and verify these projects and monitor their progress. Each developer is bound by the rules of this contract to build the property according to specifications and deliver within a set period of time.

It takes between 18-24 months to build and sell a property. The value of the properties increases once they are completed. They are often sold within 6 months or more. The return on investments grows as the value of the property increases.

We work with payment processors and they charge fees for accepting and processing your payments. The processing fee is usually 1.5% of the transaction amount of N200 if you are doing a direct bank deposit. Transfer fees are charged on deposits and withdrawals and they go to the payment processing company and not AstraVest.

We charge between 1%-2% as transaction fee depending on the asset you are investing and the amount you are investing. These are regulated fees and they enable us to provide the service to you. We have no other hidden charges apart from the one we have declared

You can withdraw the money in your wallet anytime you want. However, for money that has been invested in trading, you need to sell your investment before you can make the withdrawal. For fixed income, you can withdraw on their maturity dates.

To withdraw your money, go to your wallet and click the withdraw button, enter the amount you want to withdraw and select the bank account you want to withdraw to. The funds will hit your account in a short time usually within a day. Before attempting withdrawal, please ensure you have added a bank account to your profile. Withdrawal will be made to your registered bank account.