Knowledge is extremely valuable especially when it comes to money. Teach your kids what you never knew.

If you want to keep the generational wealth you've built/are in the process of building in the family you can't neglect the major step of passing your financial education down

Mills55:


Bidded through Stanbic, but yet to be debited. Has anyone been debited?

I've been debited. I use GTB.

From what I can calculate, it about 8.9%. rather disappointed as thought I would be higher.

Or I guess GTB bidded low because I believe they missed out on that last auction

Has anyone else been debited?

bjtinz:


I've been debited. I use GTB.

From what I can calculate, it about 8.9%. rather disappointed as thought I would be higher.

Or I guess GTB bidded low because I believe they missed out on that last auction

Has anyone else been debited?

We wait to see what happens in Stanbic. Congrats ur bid was successful.

emmanuelewumi:



So you have being following me for years?

I have been following you too sir

Thank you for eye opening comments/contributions

Good morning everyone! Happy start to the weekend...

Kindly direct me on the no issue - best yield mmf I should jump on?

E.g- Arm, investment one, Stanbic, first bank, abacus, Meristem, or any other

Thank you

Can we conclude that nobody got capital back yesterday?

funmido:
Good morning everyone! Happy start to the weekend...

Kindly direct me on the no issue - best yield mmf I should jump on?

E.g- Arm, investment one, Stanbic, first bank, abacus, Meristem, or any other

Thank you

Come along with us at investment one.
Abacus money market fund is the name.
Open account for free with a click on the link on my signature complete the online form and your account will be opened max 48hrs. Minimum initial deposit is N1,000 and minimum holding period 30 days. You have option of reinvesting the interest.
All investors in Abacus got their interest reinvested yesterday as scheduled.
You can call or chat me up. Number is on my signature.

emmasoft:

Come along with us at investment one.
Abacus money market fund is the name.
Open account for free with a click on the link on my signature complete the online form and your account will be opened max 48hrs. Minimum initial deposit is N1,000 and minimum holding period 30 days. You have option of reinvesting the interest.
All investors in Abacus got their interest reinvested yesterday as scheduled.
You can call or chat me up. Number is on my signature.

What of those on VGIF?.

Ritapearlydove:
Distress sale.. A house in Ibeju lekki is up for sale.

All documents are intack and we are ready to sign all necessary documents to facilitate the sale.. Dm if you're a serious buyer.. this is a serious post please

8m

bjtinz:


I've been debited. I use GTB.

From what I can calculate, it about 8.9%. rather disappointed as thought I would be higher.

Or I guess GTB bidded low because I believe they missed out on that last auction

Has anyone else been debited?

From the look of things, it's like Stanbic didn't succeed. I'm yet to be debited. Is anyone with Stanbic successful here?

NL1960:


What of those on VGIF?.

Got a mail from them this morning that my VGIF interest has been added to my account.

I didn't know I selected the "reinvest" interest option during set up.

Grupo:


Got a mail from them this morning that my VGIF interest has been added to my account.

I didn't know I selected the "reinvest" interest option during set up.

I did no get any mail. That is why i asked.

@emmasoft. Your explanation is needed.

Grupo:


Got a mail from them this morning that my VGIF interest has been added to my account.

I didn't know I selected the "reinvest" interest option during set up.

NL1960:


I did no get any mail. That is why i asked.

@emmasoft. Your explanation is needed.

I have checked my account online and seen the interest credited to my VGIF account.

NL1960:




I have checked my account online and seen the interest credited to my VGIF account.

Oya, do give away.

Mills55:



From the look of things, it's like Stanbic didn't succeed. I'm yet to be debited. Is anyone with Stanbic successful here?

I doubt if stanbic pulls thru. Waiting for d alert but nothing. Nawaahooo!!

Grupo:


Oya, do give away.

Na re-invest now and now withdrawal. It was credited to the VGIF account as that was what i ticked.

NL1960:




I have checked my account online and seen the interest credited to my VGIF account.

Congratulations to everyone who is compounding their funds.

Please note that during registration for any of the funds particularly VGIF and Abacus, the default option is reinvest interest except otherwise, once it's payment date ie July 1st or January 1st the interest is automatically reinvested for subscribers with that option.

To opt out, you can send a mail to customer care instructing them that going forward your interest should be paid to your registered bank account. If you wish to change your registered account send a mail for update form to make any change but the account must bear your name and tally with your verified BVN.

emmasoft:


Congratulations to everyone who are compounding their funds.

Please note that during registration for any of the funds particularly VGIF and Abacus, the default is option is reinvest interest except otherwise, once it's payment date ie July 1st or January 1st the interest is automatically reinvested for subscribers with that option.

To opt out, you can send a mail to customer care instructing them that going forward your interest should be paid to your registered bank out. If you wish to change your registered account send a mail for update form to make any change but the account must bear your name and tally with your verified BVN.

I sent a mail to your customer service yesterday morning and this morning.

Mail was not acknowledged nor replied, why

emmanuelewumi:



I sent a mail to your customer service yesterday morning and this morning.

Mail was not acknowledged nor replied, why

Apologize for that. I have escalated. They will get back.
Meanwhile you can also call this toll free line 08004683786368

Thank you for choosing Investment one.

Please what is firstbank saving account interest rate.

Ritapearlydove:


8m

3m

RayRay06677:
Can we conclude that nobody got capital back yesterday?

Bro, were you expecting your capital and didn't get it? Did your bank roll over your investment without notice? Kindly explain

Foodempire:


Bro, were you expecting your capital and didn't get it? Did your bank roll over your investment without notice? Kindly explain

I didn't have maturity due for the week, I got Intel that central bank is rolling over all maturity. If that's true then it calls for worry hence my quest to validate that info so I draft my next line of action.

So once more, did anybody get capital refund on Thursday after maturity?

emmasoft:

Come along with us at investment one.
Abacus money market fund is the name.
Open account for free with a click on the link on my signature complete the online form and your account will be opened max 48hrs. Minimum initial deposit is N1,000 and minimum holding period 30 days. You have option of reinvesting the interest.
All investors in Abacus got their interest reinvested yesterday as scheduled.
You can call or chat me up. Number is on my signature.

Good morning. Please is there any fixed rate for the interest? Please can I know more about it and risk level

Lovelynife:

Good morning. Please is there any fixed rate for the interest? Please can I know more about it and risk level

Abacus money market fund as the name implies is a MMF.

Principal underlying asset is treasury bills and commercial papers hence there is little or no risk at all. You can only lose money if the country no longer exist.

The interest is daily valued. It's currently 7.28% and it's upward looking base on economic realities right now. Interest can't be fixed because of market forces on Tbills but be rest assured there will always be interest and your capital is gurranteed.

If you are conservative with low risk apitite then Abacus mmf is best for you.


You earn interest daily but it's paid every quarter on the first day of the next quarter ie Jan 1st, April 1st, July 1st, Oct. 1st. You can also give instruction for your interest to be reinvested (compounding) which will be done automatically on those days as mentioned earlier. The one for second quarter was done two days ago (July 1st).

Your capital and interest is guaranteed.

minimum holding period is 30days and initial deposit from 1,000.

Parties to the fund:

Fund manager - investment one
Trustees: United capital trustees ltd.
custodian: citibank
regulator: SEC

You can do everything online- register and monitor your account.

Depositing money is not restricted it can be any amount from 1,000 and at any interval without a specific pattern.
Whenever you invest in the fund, your interest is prorated to cover the period of your investment before the payment date.
That means if you register and invest say 15th September 2021you will be paid interest for 15th to 30th of September for that period and continues till another payment date.

Don't forget to click the link on my signature to register for free that is the only way you can help my ministry. You can also call me. My number is on my signature.

emmasoft:


Apologize for that. I have escalated. They will get back.
Meanwhile you can also call this toll free line 08004683786368

Thank you for choosing Investment one.

Thank you mail replied, was replied by Mayowa last night.


Is it possible for a client to have 2 money market fund accounts with the same fund manager.

My wife has one as her emergency reserve, she is thinking of having another one for the saving of the start up capital for a business

emmanuelewumi:



Thank you mail replied was replied by Mayowa last night.


Is it possible for a client to have 2 money market fund accounts with the same fund manager.

My wife has one as her emergency reserve, she is thinking of having another one for the saving of the start up capital for a business

Very possible for Stanbic IBTC Money Market Funds. Your reason for opening the accounts for savings/investments may be different. So they allow it.

freeman67:


Very possible for Stanbic IBTC Money Market Funds. Your reason for opening the accounts for savings/investments may be different. So they allow it.

How will you differentiate the funds when you want to invest

emmasoft:


Abacus money market fund as the name implies is a MMF.

Principal underlying asset is treasury bills and commercial papers hence there is little or no risk at all. You can only lose money if the country no longer exist.

The interest is daily valued. It's currently 7.28% and it's upward looking base on economic realities right now. Interest can't be fixed because of market forces on Tbills but be rest assured there will always be interest and your capital is gurranteed.

If you are conservative with low risk apitite then Abacus mmf is best for you.


You earn interest daily but it's paid every quarter on the first day of the next quarter ie Jan 1st, April 1st, July 1st, Oct. 1st. You can also give instruction for your interest to be reinvested (compounding) which will be done automatically on those days as mentioned earlier. The one for second quarter was done two days ago (July 1st).

Your capital and interest is guaranteed.

minimum holding period is 30days and initial deposit from 1,000.

Parties to the fund:

Fund manager - investment one
Trustees: United capital trustees ltd.
custodian: citibank
regulator: SEC

You can do everything online- register and monitor your account.

Depositing money is not restricted it can be any amount from 1,000 and at any interval without a specific pattern.
Whenever you invest in the fund, your interest is prorated to cover the period of your investment before the payment date.
That means if you register and invest say 15th September 2021you will be paid interest for 15th to 30th of September for that period and continues till another payment date.

Don't forget to click the link on my signature to register for free that is the only way you can help my ministry. You can also call me. My number is on my signature.

Emma so VGIF at 4.5% p.a int rate is no match for this Abacus right?

Or was the interest repriced at rollover this July?

emmanuelewumi:



Thank you mail replied, was replied by Mayowa last night.


Is it possible for a client to have 2 money market fund accounts with the same fund manager.

My wife has one as her emergency reserve, she is thinking of having another one for the saving of the start up capital for a business

Yes Sir it's possible.

She should send a mail to customer care copy her account officer and complaints@investment-one.com stating that she currently has Abacus and she wants to open a sub account having abacus features with same ID.

emmasoft:


Yes Sir it's possible.

She should send a mail to customer care copy her account officer and complaints@investment-one.com stating that she currently has Abacus and she wants to open a sub account having abacus features with same ID.

How will she differentiate the accounts when funding them

libartay:


Emma so VGIF at 4.5% p.a int rate is no match for this Abacus right?

Or was the interest repriced at rollover this July?

Currently it's still 4.5% becaus the benchmark SDF has not been reviewed upward.
Another meeting is coming up this July. It might be reviewed then.

For now Abacus rate is higher because the underlying asset particularly Tbills is doing better than previous year.
As at December last year Abacus was less than 1%.
You know this world na turn by turn

Actually VGIF has its unique features.