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Mutual Funds - Investment (121) - Nairaland

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Re: Mutual Funds by mikeopara: 10:43pm On Oct 30, 2018
Please did stanbic reduce anyone's capital recently instead of crediting daily profit?
Re: Mutual Funds by jujutom(m): 10:59pm On Oct 30, 2018
mikeopara:
Please did stanbic reduce anyone's capital recently instead of crediting daily profit?

As at 9:30pm today same balance
As at 10:15pm a reduced balance
As at now... 10:59pm accurate interest added... check urs now again
Re: Mutual Funds by mikeopara: 9:23am On Oct 31, 2018
Thanks

jujutom:


As at 9:30pm today same balance
As at 10:15pm a reduced balance
As at now... 10:59pm accurate interest added... check urs now again
Re: Mutual Funds by ajeleomo: 9:27pm On Oct 31, 2018
mikeopara:
Thanks


abeg forget Stanbic mmf joor, with all the reinvestment being done yet the interest still not good, where Axa mansard is doing 12.3% stanbic cannot even achieve 11.1%. I am taking my fund out of there joor
Re: Mutual Funds by dotcomnamename: 9:51pm On Oct 31, 2018
ajeleomo:


abeg forget Stanbic mmf joor, with all the reinvestment being done yet the interest still not good, where Axa mansard is doing 12.3% stanbic cannot even achieve 11.1%. I am taking my fund out of there joor

Stanbic is the best
Re: Mutual Funds by ajeleomo: 8:13am On Nov 01, 2018
dotcomnamename:


Stanbic is the best

I hear you Mr. Marketer but i do know as i am directly involved, you can do me good by telling me why you say they are the best
Re: Mutual Funds by afroxyz: 9:02am On Nov 01, 2018
Please how do I subscribe to stanbic mmf online through my app
Re: Mutual Funds by Apitch(m): 9:32am On Nov 01, 2018
dotcomnamename:


Stanbic is the best
Story for the birds
Re: Mutual Funds by dotcomnamename: 10:50am On Nov 01, 2018
Lol I yaf heard una.
Re: Mutual Funds by GonFreecss1: 11:22am On Nov 01, 2018
anori:


I have mentioned it before. GIF is definitely more consistent if not better than MMF. I rebalanced my portfolio to GIF.

[s]Please can you give us more info on this Guaranteed Fund? What instruments do they invest in? [/s]

Just read up on it, 75% money market, government bonds etc and 25% equity. Principal is guaranteed, but not profits, I think money market is sill better, depending on your portfolio. For someone like me who already invested directly in equities, I think the money market fund is still better to reduce and properly balance my exposure. This fund I think is perfect for those who need a little exposure to the stock market.

1 Like

Re: Mutual Funds by GonFreecss1: 11:30am On Nov 01, 2018
ajeleomo:


abeg forget Stanbic mmf joor, with all the reinvestment being done yet the interest still not good, where Axa mansard is doing 12.3% stanbic cannot even achieve 11.1%. I am taking my fund out of there joor

I used to use First bank too, for a while noticed theirs was higher than stanbic, but there was a time stanbic was higher. The problem is most of you are looking at the now, compare pre-historic rates of all of them, you would see jumping from one to another is not needed. Just stick to one you are sure know what they are doing and have a high chance of getting your money back (cannot be closed down easily). Then you are set.

3 Likes

Re: Mutual Funds by dotcomnamename: 12:00pm On Nov 01, 2018
GonFreecss1:


I used to use First bank too, for a while noticed theirs was higher than stanbic, but there was a time stanbic was higher. The problem is most of you are looking at the now, compare pre-historic rates of all of them, you would see jumping from one to another is not needed. Just stick to one you are sure know what they are doing and have a high chance of getting your money back (cannot be closed down easily). Then you are set.


God bless you kiss
Re: Mutual Funds by naijaobi(m): 1:04pm On Nov 01, 2018
Only those who actually pay close attention to details will realize that Stanbic is head above all these other guys.
But those who only look at the surface of the water will not see this. grin wink

4 Likes

Re: Mutual Funds by Olowogbogboro17: 3:55pm On Nov 01, 2018
I think SFS Financial Services Limited have good offers compared to Stanbic. I have both and I can give you graphical statistics.



I

1 Like

Re: Mutual Funds by Yem0350: 7:49pm On Nov 01, 2018
Olowogbogboro17:
I think SFS Financial Services Limited have good offers compared to Stanbic. I have both and I can give you graphical statistics.



I
Let us see the graphical statistics

1 Like

Re: Mutual Funds by xtain7: 8:08pm On Nov 01, 2018
afroxyz:
Please how do I subscribe to stanbic mmf online through my app

Use your debit card to subscribe once you have been directed to inter switch platform via your app..just slot in your mmf account number or verify the one on the platform is current.. Then effect payment
Re: Mutual Funds by ajeleomo: 10:15pm On Nov 01, 2018
GonFreecss1:


I used to use First bank too, for a while noticed theirs was higher than stanbic, but there was a time stanbic was higher. The problem is most of you are looking at the now, compare pre-historic rates of all of them, you would see jumping from one to another is not needed. Just stick to one you are sure know what they are doing and have a high chance of getting your money back (cannot be closed down easily). Then you are set.

We all knew Wenger was a good manager but when his time past there was need for change and now Arsenal has gone 13 games unbeaten.
It is time to change from Stanbic, for the past 3 months those who use Axa mansard can testify that stanbic rates have never been higher with all the reinvestment claims.
Know when to tell yourself the truth, Why should i go for less?

1 Like

Re: Mutual Funds by Osiomogie: 10:45pm On Nov 01, 2018
Please i paid for mutual funds on arm but I can't seem to get the site where I can monitor the funds.. Can someone help me out?

1 Like

Re: Mutual Funds by guruvick(m): 5:06am On Nov 02, 2018
Good Day Everyone..

I have been looking for interest possible mean of saving money monthly as a student.. and I got to know MMF

How do I go about getting it..
Which bank is the best...
How is the interest dashed..

I intend to be depositing 5k on a monthly basis..

Please I need advice on how to start, what it takes
Re: Mutual Funds by Yem0350: 5:29am On Nov 02, 2018
guruvick:
Good Day Everyone..

I have been looking for interest possible mean of saving money monthly as a student.. and I got to know MMF

How do I go about getting it..
Which bank is the best...
How is the interest dashed..

I intend to be depositing 5k on a monthly basis..

Please I need advice on how to start, what it takes
Most of mmf accept 5k
You can try any of the following : axa mansard, arm, fbnquest, stanbic
Interest is on a daily basis and are being added on every working day.
You can choose dividend payout or reinvestment at every quarter.
NB: Interest rate varies
I hope this little explanation helps. Others can also add to it. Just ensure you do a little research on your own
Re: Mutual Funds by GonFreecss1: 6:12am On Nov 02, 2018
ajeleomo:


We all knew Wenger was a good manager but when his time past there was need for change and now Arsenal has gone 13 games unbeaten.
It is time to change from Stanbic, for the past 3 months those who use Axa mansard can testify that stanbic rates have never been higher with all the reinvestment claims.
Know when to tell yourself the truth, Why should i go for less?

Lol. You just said it yourself, for the past 3 months. What then happens when Stanbic becomes higher again? You change back? Lol.

Look at their historic rates. Compare it. I am not saying you should change to one Investment bank or the other.
Re: Mutual Funds by DBestDoc(f): 8:53am On Nov 02, 2018
Osiomogie:
Please i paid for mutual funds on arm but I can't seem to get the site where I can monitor the funds.. Can someone help me out?

Check your registered email, they'd send you an activation link containing some log in information (username and password).

You'reexpected to log in and change your password. One day after activation,you'd see your investment and accrued interest.
Re: Mutual Funds by dotcomnamename: 8:59am On Nov 02, 2018
GonFreecss1:


Lol. You just said it yourself, for the past 3 months. What then happens when Stanbic becomes higher again? You change back? Lol.

Look at their historic rates. Compare it. I am not saying you should change to one Investment bank or the other.

Don't mind jor. It's because he's with them. I have both Stanbic, Axa, etc., and I can confirm that Stanbic is the best on MMF. This is not opinion but fact based on historic. Just temporary high rate with Axa and they've suddenly become superior to their boss Stanbic Lol. Just dey look jor. Good morning guys.
Re: Mutual Funds by anori: 9:04am On Nov 02, 2018
GonFreecss1:


[s]Please can you give us more info on this Guaranteed Fund? What instruments do they invest in? [/s]

Just read up on it, 75% money market, government bonds etc and 25% equity. Principal is guaranteed, but not profits, I think money market is sill better, depending on your portfolio. For someone like me who already invested directly in equities, I think the money market fund is still better to reduce and properly balance my exposure. This fund I think is perfect for those who need a little exposure to the stock market.

I said GIF is doing better right now. I invested the same amount in both funds and watched it for 3 months. the GIF gained more money and this excludes the dividend pay out. The Fund price goes up consistently and doesn't yoyo like MMF.
Re: Mutual Funds by GonFreecss1: 11:54am On Nov 02, 2018
anori:


I said GIF is doing better right now. I invested the same amount in both funds and watched it for 3 months. the GIF gained more money and this excludes the dividend pay out. The Fund price goes up consistently and doesn't yoyo like MMF.


You don't understand me. Yes it goes up, but it's exposed to the equities markets. Which means even if your capital is guaranteed, your profits are not. All it takes is a bear market, to do the fund in. I am only trying to explain what you are invested in, I am not criticizing it. Like I said it's perfect for those who don't have an exposure to the stock market and want to mix their Portfolio up without stressing themselves buying equities themselves.
Re: Mutual Funds by freeman67: 1:24pm On Nov 02, 2018
For those that would want to know which is performing better between the investment houses... All you need to do is to open account with the houses you which to compare.. Deposit same amount with them for at least 6 months - 1year you will know which is better.

As for GIF and MMF.. To me MMF is more reliable... 2016/2017 I had to transfer my funds from GIF to MMF because of a sudden and serious drop on my interest.

I later started a little GIF when share price started going up late December 2017 and the interest was appreciating fairly and constantly. This days the interest in almost stagnant... MMF is movement is gradual and constant but GIF is not.
Re: Mutual Funds by GonFreecss1: 2:16pm On Nov 02, 2018
freeman67:
For those that would want to know which is performing better between the investment houses... All you need to do is to open account with the houses you which to compare.. Deposit same amount with them for at least 6 months - 1year you will know which is better.

As for GIF and MMF.. To me MMF is more reliable... 2016/2017 I had to transfer my funds from GIF to MMF because of a sudden and serious drop on my interest.

I later started a little GIF when share price started going up late December 2017 and the interest was appreciating fairly and constantly. This days the interest in almost stagnant... MMF is movement is gradual and constant but GIF is not.

Exactly what I was saying, it seems another bear market is coming again. So I will advise to be wary with GIF for now.
Re: Mutual Funds by GonFreecss1: 5:29pm On Nov 02, 2018
For all those here who invest in Money Market fund, why do you do so? Don't you get tempted to do Treasury bills?

As for me, I do Money market because I like the liquidity. The idea that I can remove my cash anytime after the first month is really appealing.

1 Like

Re: Mutual Funds by ajeleomo: 6:12pm On Nov 02, 2018
Osiomogie:
Please i paid for mutual funds on arm but I can't seem to get the site where I can monitor the funds.. Can someone help me out?

https://secure.arm.com.ng/mywealthplanner/web/

1 Like

Re: Mutual Funds by Osiomogie: 10:26am On Nov 03, 2018
How long does it take be for arm and axa update accounts after you have paid?
Re: Mutual Funds by Glink2018(m): 11:47am On Nov 03, 2018
I'm just new on this thread:
Just a quick question: if I invest 500k into money market how much are my excepted to get at end of 90days...

Which money market is better and will affect my principal?
Re: Mutual Funds by Pr0cter: 12:04pm On Nov 03, 2018
Please how do I top up my fund using the stanbic ibtc app. Though I say an option with called subscription which I clicked on, but I'm quite confused on how to link the fund in my other bank account to the stanbic ibtc mutual fund

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