emmanuelewumi:


None in Nigeria.

You can buy Eurobond from United capital with $1000. This is about the lowest

emmasoft:


Open MMF or VGIF and do your monthly investment. When rates gets better and you have accumulated much you can diversify some to Tbills. Check my signature to open account

tomzman:

Please throw more light on this United capital eurobond. Do I have to convert my funds to dollars before investing with them?

emmanuelewumi:


None in Nigeria.

You can buy Eurobond from United capital with $1000. This is about the lowest

GonFreecss1:


I actually still maintain this position.

I did the average of money market fund rates over the years till date, and Stanbic MMF was the clear winner. This is because they had over 17% in annual Money market rates 2 years in a row (2016 and 2017). Followed closely by FBN quest. United Capital too is quite cool. Their redemption is also fast too.

Also there was once an argument about Stanbic MMF vs GIF, the verdict was GIF right?, we were all wrong! Stanbic MMF has beaten GIF over time, even FBN MMF beat Stanbic GIF over time. Though if you begin to calculate from 2016, it will seem GIF is better, all you have to do is look at years back, there were some years GIF had rates as low as 4%! So those doing GIF should know this and be careful.

Also, there was a year United Capital Bond fund did 28% (2017).

I have used and researched many Mutual funds and MMF, Stanbic, FBN quest and United Capital though have their cons are one of the best out there.

United Capital is so good, you can monitor all your investments in one account, from money market, to euro bond fund, even the stock market (equity), you can even create a will too.

FBN quest has technological issues but their charges are one of the lowest out there.

Stanbic is well Stanbic. A class on their own, best MMF so far hands down, in terms of average annual rate. I will still do my research and all and update you all, but this is it for now.

But best MMF annual rate over time is Stanbic, followed closely by FBN quest, this year will determine if FBN will unseat Stanbic though (I think they actually might as rates seen so far this year).

Alexgeneration:
So the forex regulations from other countries is some kind of Geneva conventions or pronouncements from ICJ in the Hague?

And such regulations will protect the capital of investors in your FX business?

We shouldn't mislead the public all in the bid to grow our business.

emmanuelewumi:


None in Nigeria.

You can buy Eurobond from United capital with $1000. This is about the lowest

emmanuelewumi:


Eurobond also have waiting periods of 180 days.

The Eurobond funds of FBN Asset Management, Stanbic IBTC, United Capital and others are all mutual funds.

You need between $1000 and $10,000 to invest in them

ernie4life:



I feel you are mixing it up, eurobonds and eurobonds funds or dollar fund are not the same thing

Fxmanager:
If a broker is regulated and licensed by the government of their jurisdiction and clients/investors funds are segregated (kept separate) from the brokers day to day funds use in running the forex brokerage company as demanded by the regulatory bodies, investors capital are protected. The only risk now lies in the person trading the funds, whether you or a forex fund manager, and it is also left for you to find out if the supposed forex fund manager is competent enough to manage your funds, by requesting his/her third party audited and verified trading performance track record from any of this websites like, fxblue.com, myfxbook.com and fxstat.com. You also have to verify if the trading performance track record is directly taken from the government licensed and regulated broker's server and also verify if it is the trader/fund manager that is actually managing the account or not. Note that we mean a government licensed and regulated brokers server, because it is possible for the trading performance track record to be doctored at the server end of the brokerage company, and this can only happened in an unregulated brokerage company, where there is no government oversight, periodic monitoring and auditing by the government regulatory bodies.

We are not in anyway misleading the public. We will like you to be specific in mentioning where we misled the public.

emmanuelewumi:
It is High Networth Investors or Institutional investors that can invest directly in Sovereign Eurobonds or Corporate Eurobonds because of the minimum investment required which varies from $50,000 to $100,000.

That is why most retail investors invest in Eurobond funds where they have minimum investment of $1000 and $10,000.

What is the minimum investment for a dollar fund?

yungryce:


Can I get the difference in the two on which does better numbers after a one year cycle.

Also, there is no link on your signature for MMF

coolangel54:
ANY OTHER LEGIT INVESTMENT PLATFORM ASIDE MMMF, MBA FOREX AND TBILLS?

coolangel54:
ANY OTHER LEGIT INVESTMENT PLATFORM ASIDE MMMF, MBA FOREX AND TBILLS?

Just2endowed2:


Is MBA forex legit ni? They are not regulated by sec or cbn na.

Phiewall:
I want to try out one or two of these: FBN fixed income fund, Stanbic MMF and FBN MMF. Which is/are advisable to invest in. Your input would go a really longgg way...

emmasoft:


I have to be a bit sentimental here did you use the link in my signature to open the account? Because that is the only way I can benefit o. Well if not next time use it and help your brother.
That is by the way, what ernie4life is say is this. VGIF has a guaranteed income base on the sdf while there is always additional income. The SDF - standard deposit facility is the rate CBN gives to Banks when they deposit funds with them. It used to be 9% but during one of the CBN meetings within the year it was reduce to 8.5%. So VGIF guaranteed rates is bench marked with sdf. But from experience there is always additional income. You can check my signature for any ... if need be.

Alexgeneration:
So the forex regulations from other countries is some kind of Geneva conventions or pronouncements from ICJ in the Hague?

And such regulations will protect the capital of investors in your FX business?

We shouldn't mislead the public all in the bid to grow our business.

emmanuelewumi:


Eurobond also have waiting periods of 180 days.

The Eurobond funds of FBN Asset Management, Stanbic IBTC, United Capital and others are all mutual funds.

You need between $1000 and $10,000 to invest in them

akinola98:


Is Eurobond a one off payment ?? Or can be topped up intermittently like MMF

abraolas1:
Dear All,

I try to top up my Stanbic MMF yesterday morning and till now am yet to see the reflection in my account... please how many hours does it takes for the money to reflect and beside what channel can I use to log in my complain.. please note a mail has been sent to acknowledge the transaction yet nothing is reflecting... any help will be appreciated thanks

abraolas1:
Dear All,

I try to top up my Stanbic MMF yesterday morning and till now am yet to see the reflection in my account... please how many hours does it takes for the money to reflect and beside what channel can I use to log in my complain.. please note a mail has been sent to acknowledge the transaction yet nothing is reflecting... any help will be appreciated thanks

benedictuyi:

Stanbic have been sending out mails since last week stating delay in mutual funds services as a result of system upgrade which will occur between 25th to 31st.
Top up and redemption takes a maximum of 3 to 5 business days. So ur transaction might likely fall within the upgrade period. No need to panic

freeman67:


It depends on the channel used, the time it was and if it was done correctly. If you did it by mobile or internet transfer before 12 pm, it should reflect that yesterday except they is an oversight from them. However, if it is done from within the bank it will take longer. Also in your transfer narration/comment/reason you are to indicate your MMF. If you are sure all is well done then you can contact early today to fix it before they go on break.