richforever123:


To be honest, I am not interested in any gift, I have a large amount there and don't need any accounting officer disturbing me, people use this delivery and gift to know where you live, this is Nigeria

Please note it's not compulsory for you to collect any gift. Your decision is well respected.

The act is not a policy but rather a gesture to appreciate your patronage and no strings attached.

It's a common practice with most of the fund managers in the industry.

richforever123:


Do you guys give Gift to customers, the account officer has been contacting me to give me a gift

Yes. Sometimes on the customer's birthday or as it's deemed fit by management.

kennyzboy:
Good evening house, is there anyone currently investing with SFS funds and has been able to withdraw his funds (invested capital+earned interest) successfully without hitches or bad experiences.

I checked the mobile app on playstore but though the reviews are very few, they're not looking too good or encouraging. That's why I'm asking for authentic information from existing or past users.

Please help a brother/sister.

When it comes to withdrawal in mutual funds, the app is not the only method used.
You can also use the web or send a withdrawal mandate.
No investor lost money in SFS, and entry or exist is seamless.

Right now the rate at 11.05% is among the best within the fixed income fund space.

Click the link on my signature to come on board.

You can also chat/call me with the number on my signature if you need further clarifications.

Apitch:


I'm seeing 8.72% and it was 8.99% yesterday

It's possible because it's updated daily and depending on the time one checked.
At the moment it's what you are seeing.
As already said it's same across not peculiar to stanbic.

aremso:


wow mad ooo from 11 about last week. Thanks

Don't worry it will improve since it's general across the industry

To all the Women in the house
Happy international women's day celebration.
You are all amazing and well recognized today!

aremso:


what is the current stanbic rate

9.08%

To all the Women in the house
Happy international women's day celebration.
You are all amazing and well recognized today!

To all the Women in the house
Happy international women's day celebration.
You are all amazing and well recognized today!

Emmaesty:
Same with United Capital. My friend complains about it daily

It's across the industry. presently Tbills rate is not looking very good.

dongallant5:
Thank a lot.Pls do you have contacts for any competent personalized stock broker.

You can come on board investment one stockbrokers.
With that, I can have a better opportunity for support.

Chat me up with the number on my signature.

dongallant5:
Pls I need help oooo.I placed a buy limit price order for Stanbic IBTC bank #41 Friday closing price.At the end of today trading the price still remained #41 and Meristem has not executed the trade.What are your views pls? Is the problem from the market or the stock broking firm

There is no problem from the market or meristem.
If there was no deal your order will not be executed.

Please note that you can only get a deal if there is a willing seller at your bid price otherwise your order remains opened if you have a date range.

The price didn't change because there was no single deal of the required quantity to move the price up/down for Stanbic.

Burchester:
Which money market fund provider is the best ?

Come over to Stanbic or EDC asset Mgt.
In fund management the word best is relative.
Each of them provided they are regulated by SEC it's okay.
The other things are all relative and most times based on individual interests/preferences.

freeman67:


I don't think they will be any penalty. He didn't withdraw all the money. Also, the penalty normally is from the interest not principal. So, even if they would be, it would not reflect.

There is always a penalty on the interest of any fund deposited that is not up to 30 days and withdrawn. Why some investors don't seem to notice is because the amount deducted may be very small compared to what they received.

lolaluv1:
What is happening with Stanbic MMF? The January profit was liquidated, and now February profit too. But none of this was paid to me.
Is it reinvested or what?

Now even the daily returns that used to be uploaded is no longer showing.

Please who has information about them? I just want to have a possible explanation before I do them an email...

There is no problem, they just changed their method of dividend payment/reinvestment.

Before now dividend we're reinvested randomly but from this year January they decided to make it a monthly affairs.

You can check to see that your capital has increased by the accrued interest for February.

Generally MMF pay/reinvest interest quarterly but IBTC operates this monthly model of monthly payment.

NL1960:


That's true. He needs to clarify that aspect.

If the 1M has been there in the account for 30 days or more he will pay a penalty on the accrued interest on 4M of the 5M withdrawn otherwise it's as I stated earlier.

TheBTCinvestor:
Please wats wrong with Stanbic Money Market Fund...I made a withdrawal since Tuesday 28th Febuary and since then iv not gotten payment into my bank account. What is really going on?

If you have done the needful from your end, kindly send a mail to investments@stanbicibtc.com to complain.

I think it's a transfer issue from the custodian bank and may not be unconnected to the current general electronic channels breakdown within the banking industry otherwise, redemption takes few hours for your money hit your account

igbizen:


I had 1M in MMF. Then I added 4.5M and added another 4.5M the next day making the total funds to be 10M. After two weeks I withdrew 5M. And allowed the balance 5M to remain for 30days. What will be the penalty.

The penalty will be 20% of the accrued interest on the 5M you withdraw before 30 days

Redoil:

i made a transfer of 150,000 on Wednesday 1st March 2023 into my SFS Fixed income fund account, the amount is not reflcecting in my dash board
i want to be sure i am doing the right thing before mi transfer the remaining 2,000,000 can you please explain to me

Really, pls chat with me with the number on my link so that I can get some details that may not be right to share here.

Please do that now I'm online.

freeman67:
That rate there (5%) is per annum and not for the 30 days as you are assuming.meaning is for the whole year and will have to be divided by 12 to get the real rate. So if you were to make that investment, what you will get is actually about 0.416 instead, mind you that 10% tax will also be deducted from the interest you will get.

@TY207 what @freeman67 just said is the perfect answer to your question. Sincerely speaking not just for the reason of marketing there will never be any time bank will give a rate higher than MMF rate. The truth is that part of the money you fixed or deposit with the bank at whatever rate they promised is also invested in MMF.

Always bear this in mind, any government-regulated investment is always per annum. It can only be prorated to whatever period based on the nature of the product.

Another advantage of MMF or Fixed income fund apart from the fact that the rate is higher and WHT free, you can top up with any amount at any time, the rate is not static and exit is without penalty after 30 days.

So my advice is get onboard the stanbic MMF or SFS Fixed income fund and enjoy good rates.

Currently, Stanbic MMF is 9.36% while SFS FIF is 11.05%

You can reach out to me or click the links on my signature to start investing.

For a more stable interest rate consider
SFS Fixed Income Fund.

Get in touch/click the link on my signature to start.

igbizen:
O boy, somebody don Dey drag Emmasoft work?

Na so we see am o bros.
In any case, the market is big enough for everyone to play in.

It's well.

Stanbic MMF Unique Features
Enjoy monthly payment/reinvestment of interest when you invest in Stanbic IBTC MMF.

For those already on board, check your account your February accrued interest has already been reinvested.

Click the link on my signature to start investing.

alezzy13:


It never worked for me right from day one of the takeover. Several mails to them get the usual 'we are working on it' reply. However they send me statement via email when requested.

Just that the parent bank (GT) is one I've used for years and generally satisfied with their services, if not would have dumped the MMF since.

Honestly many people including myself thought GTFundmanagers will be superb judging from what their parent company is known for but so far we were proved wrong. Well, it's possible they get it right with time.

For now, I sell MMF for Stanbic and EDC and Fixed income for SFS.

Najdorf:
How can I get into the Stock Market and Trading? Any advice?

First know something even if little about the stock market how it works and have a personal investment objective.

What you about to go into is an experience of a life time not just a one off thing. So don't be in a hurry seek the right knowledge.

Also note that you will need hands-on experience ie you will need to be involved in the buying/selling hence you need a good stockbroking firm with an online portal.

You can chat me up if you wish to come on board investment one stockbrokers for an experience you will not regret.

freeman67:


@emmasoft see customer.

Thank you my brother @freeman67. I hope he comes over.
He's sure to get good and reliable services as always.

bigiyaro:
Hello there, I have been trying to get a car for e-hailing since last year, I have 500k so far and my rent is coming up in June (200k) I don't want this money just lying around, I have heard of ibtc mutual funds, pls I need more info on how to put this money there. Thanks.

Good decision.
Two different mutual funds you can use right now.
Either SFS fixed income fund 11.01%
or stanbic mmf 9.89%

They are both low risk.
No WHT on the interest.

The interest is valued daily but paid/reinvested quarterly for SFS and monthly for ibtc.

Since you are keeping the money for a target I will advise you to opt for reinvestment of interest which is usually the default option.
You also have the opportunity to top up in case you have some cash before your target time.

To start, click the links on my signature and complete the online form.

You can also call/chat me up with the phone number on my signature if you need further clarification.

I look forward to having you on board.

Foodempire:


Thanks. Sorted, total funds received. I had to do all process manually, they seem not ready for business going the analog ways.

Great!
You can look the way of SFS, Stanbic, or EDC if you still wish to go with Fixed income fund or MMF respectively.
Just click the links on my signature to come on board.

essentialone:


Please, which date will NB credit their bonus shares?

As earlier said on this thread, crediting of bonus shares doesn't have a specific date. Once you are qualified for the bonus, all you need to do is to wait and after the company is through with the usual regulatory protocols it will be credited even if you have sold your holdings after the closure of the register

ojesymsym, a:
No sir, you can no longer login

That means GTFundmanagers portal is having issues now. Before now when they tookover from ione last year it was working.

The alternative is to ask them for your statement and redemption form anytime it's needed.

Foodempire:


Pls how can I access my investment one money market account? The previous website they sent via email is no longer working. I will like to withdraw all my funds, I don't feel comfortable dealing with them anymore. I sent them emails but no response yet

Please note that effective last year January, Investment one is no longer the fund manager of Abacus MMF. The new fund manager is GTfundmanagers a member of GTCO.

However, all login details from investment one will still work with the new fund managers.
You can send them a mail to ask for your statement or redemption form. I'm sure it will be done.

If you still wish to invest in MMF or fixed income fund, click on the link on my signature to open an account with Stanbic IBTC Asset Mgt , EDC Asset mgt., or SFS capital.

Foodempire:


Pls how can I access my investment one money market account? The previous website they sent via email is no longer working. I will like to withdraw all my funds, I don't feel comfortable dealing with them anymore. I sent them emails but no response yet

Please note that effective last year January, Investment one is no longer the fund manager of Abacus MMF. The new fund manager is GTfundmanagers a member of GTCO.

However, all login details from investment one will still work with the new fund managers.
You can send them a mail to ask for your statement or redemption form. I'm sure it will be done.

If you still wish to invest in MMF or fixed income fund, click on the link on my signature to open an account with Stanbic IBTC Asset Mgt , EDC Asset mgt., or SFS capital.