Now that you have watched your money work for you, you probably have a good idea of how mutual funds work on Cowrywise. As with any investment, there comes a time when redemption is important, due to several reasons. This is totally understandable.
How then do you withdraw your mutual funds on Cowrywise? You sell your units 🤩.
Log in and click Invest on the home page
Choose your mutual fund category - Naira or Dollar Funds
Select the mutual fund that you want to sell
Tap on the three-dotted icon on the top right of the page
Tap on Sell Units and specify the number of units you'd like to sell
Confirm the sale
Hold still 🤚🏽 at this stage, because your units will need some time to get processed - this takes 24 to 48 working hours, excluding weekends and public holidays. These units will get processed as cash and paid to your Stash 💰
Everyone loves the sound of credit alerts 😍. Go ahead and do with these funds what you want - invest in another mutual fund, top-up your savings plan or withdraw to your bank account.
Watch this video to see more