aremso:
Guys pls advise cos this is the first time am into the mutual fund stuff, I sent some money to stanbic mmf with my E- account yesterday but I couldn't send all cos it has exceeded my daily limit and the sent me notification mail. This morning I sent the balance around 5am but till now am yet to get any notification mail from them. What should I do next cos I don't want stories!

aremso:
For stanbic mmf, is there any app to monitor my investment and if there is any how do I check my investment in it.

NL1960:


This is 'what we do' and not an online access. I know what they do. That link will not give me access to monitor my VGIF. Gone are the days of customers calling. Pass this message to them if you have access to them.

NL1960:


Do they now have an online presence?. There was no mail to that. Iam already planning on moving my investment from there. They took a good process over from Investment One and became incompetent with it. A whole outfit owned by GTB does not have an online presence nor a Mobile App.

enque:


what did they do?

DigitalMallam:

From a colleague "..after 2yrs of purchase, one will be getting part-principal repayment on the bond. Hence the value of the coupon reduces over time "

sammily:
Hello guys, I got this ad from my stockbroker about the Lagos State Gov Bond. What do you think about it. Is this LASG bond credible like the FGN bond


Stanbic IBTC Capital Limited is pleased to inform you of that the Lagos State Government’s (“Lagos State’s”, ‘’LASG’s’’ or “the State’s”) Series I up to ₦100 Billion Bond Issuance (‘Series I Issuance” or “Series I Bond”), under LASG’s ₦1 Trillion Debt and Hybrid Instruments Issuance Programme (“DAHI Programme”) is NOW OPEN. The Offer is scheduled to close on Friday, May 12, 2023.

sgtponzihater1:


Whats the advantage of splitting MMFs?
for me, Sticking headlong to only Stanbic more than 5years strong.

mymadam:

Fair enough but as a seasoned gambler, I would go for 13.5%. Abi I no try? 🤷🏽‍♂️

sgtponzihater1:

sgtponzihater1:


What firm are you joining next? Kindly share your thoughts. Thanks

YoungBuffet:
Pls house what is the current rate of Stanbic nmf?

Exmilitant:
They build on my land at their own cost and, live in it for one year before they begin paying me 3k every month. A fair bargain if you compare to op's coconut farm which will take a minimum of 7-9 years beforing maturing for harvest and market purpose( don't mind the fat lie that coconuts mature within five years)

And don't belief the ops claim that 20 coconut stands gets you millions. It don't, it won't. It cant. Hell, 20 stand even if all coconut trees yields 200 coconut fruit it wont get you millions!

bjtinz:


The TB's leap to 14% was just at the last auction; before then it had hovered 8-9% for the past weeks.

So if it is maintained or increased (I hope!) then we should expect better yields in months to come.

emmasoft:


9.08%

Olaide1295:

What I have learnt is to be careful of platforms that promise a certain rate of return .
There is no government bond that currently yields 15% in foreign currency so I'll be careful. Risevest also invests and manages stocks on behalf of their customers. No investor in US stocks had a good 2022, even worse for those who invest in Crypto and tech stocks. Yet, Risevst posted positive returns to customers.

I started using Risevest some years ago when the returns were around 8%. Now that I see 15%, I am suspicious and just pulled out. I have been taught to dislike free lunch.

The return of money trumps the return on money.

benedictuyi:

Same here.
Although I got a mail that my interest will be automatically reinvested

benedictuyi:

A bank transfer to the mutual fund account quoting your E-account as reference

eezeribe:

LOL, did you just mention emptying your mutual funds account... That was what I did 9 months ago and I thank God I took that action...