Stanbic IBTC Asset Management has adopted measures to safeguard customers from an alarming rise in scam attempts targeting mutual fund holders.
In response to this trend, the company has launched a campaign to educate customers on protecting their investments and understanding the correct procedures for mutual fund subscriptions.
Recently, enquiries about the authenticity of mutual fund subscription messages have surged. Many of these messages contain differing and potentially incorrect account numbers, leading to confusion and concern among investors. In response, Stanbic IBTC Asset Management launched a campaign to educate customers by providing information and security tips to reduce the likelihood of clients falling prey to scam attacks.
