Alpha Trust Investment Club (ATIC), an online group, has urged its members to make use of investment opportunities on the platform to build a sustainable financial base.
Remi Adeoye, founder of ATIC, said this when members of the group converged on Ikeja in Lagos on Saturday.
He said the platform presents many opportunities in the stock exchange sector.
Adeoye said the group which started on Facebook in June 2018 brought together friends who were interested in investment and raised N56 million in six weeks to trade on the Nigerian Stock Exchange.
The founder said the group hopes to increase its stakes in subsequent years and also invest in real estate in order to make maximum returns for members.
“The group started in June 2018. We are all friends on Facebook and it is this investment that brought us together for the first time. We are here to present certificate of investment to those who subscribed,” Adeoye said.
“I floated the investment club and those who were interested subscribed. We raised N56.6 million in six weeks and we invested that sum on selected stocks in the Nigerian Stock Exchange.
“Based on the 30 years experience I’ve had in investment to identify opportunities and to maximize them, we hope to make a return of approximately 40% for our members.
“We have trained members to be able to trade on their own. Many of them have opened their trading accounts. We have a platform with Morgan Capital Group and we trade on the Nigerian Stock Exchange live.
“We also have a joint inbox where all the members are and we exchange information on what we see as trends on the stock exchange, the opportunities that are there, stocks that present good opportunities, when to buy and when to sell. We alert them and they take advantage of that.
“The life circle of the investment is one year, which will end in June 2019. We will announce our results and make it public. We will return the capital with profit to each investor.
“Our club is credible and our platform tried and tested. Morgan Capital is a registered stock broker and they provided the platform for a commission. We are 177. Our minimum investment this year is N5000.”
Members of the platform also spoke on how beneficial the programme has been.