How to Purchase Mutual Funds

Investing in mutual funds is a great way to diversify your portfolio, and the process is straightforward. Here’s how you can buy mutual funds through our app:

Step 1: Locate Mutual Funds
Open the  app; tap on the 'Invest' icon in the navigation bar. Select the 'Mutual Funds' tab to view the available mutual funds.

Step 2: Select a Mutual Fund
Browse through the list of mutual funds available for investment. Select the mutual fund you wish to invest in to view more details about it.

Step 3: Place a Buy Order
Once you have decided on a fund, tap the 'Buy' button. Choose the Portfolio you wish to invest in, and enter the amount of money you wish to invest. 

Step 4: Review Your Order
Carefully review all the details of your purchase, including the mutual fund name, the number of shares, and the total cost.
Pay attention to any transaction fees or other costs that may be associated with your purchase.

Step 5: Confirm and Schedule the Order
Once you have reviewed and are satisfied with the details, confirm your order. Your purchase order will be queued and scheduled for the next available trading window. Mutual fund trades are typically processed at the end of the trading day when the fund's Net Asset Value (NAV) is calculated.

Step 6: Order Confirmation
After confirming your order, you will receive a notification that your order is scheduled.
You can check the status of your order in the 'Orders' section of the app. Click to learn how to check the status of your order. 

Step 7: Monitor Your Investment
After your order is executed, you can monitor the performance of your mutual fund investment through the app. Learn how to monitor your investments on the Black Star App.

Need Help?

If you encounter any issues during this process or have any questions, our support team is here to help. You can reach out to us through the app's "Help" section or by emailing [e-mail].