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Nairaland Forum / Nairaland / General / Investment / Mutual Funds (1008729 Views)
Top 10 Mutual Fund Managers In Nigeria / Mutual Funds In Nigeria: Please Share Your Experience / Best Nigerian Mutual Funds To Invest In? (2) (3) (4)
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Re: Mutual Funds by SophieAbou97: 7:54pm On Apr 05, 2023 |
I need investment for my business |
Re: Mutual Funds by YoungBuffet: 6:38pm On Apr 06, 2023 |
Pls house what is the current rate of Stanbic nmf? |
Re: Mutual Funds by Apitch(m): 7:10pm On Apr 06, 2023 |
YoungBuffet: 9.12% |
Re: Mutual Funds by YoungBuffet: 7:38pm On Apr 06, 2023 |
Apitch: Thanks |
Re: Mutual Funds by Windblown2much: 10:54pm On Apr 06, 2023 |
I'm new to the thread pls I want to invest but there are some clarification I would let to get b4 investing. Does the investment have a validity/expiring period? Is the percentage profit withdrawable each month? Leaving the capital untouch. |
Re: Mutual Funds by sgtponzihater1(m): 11:08pm On Apr 06, 2023 |
Windblown2much: Mutual fund do not usually have expiry periods, except the fund goes burst. Many have a minimum investment period before you can withdraw without losing some of your interest. You can ask them to pay your interest usually quarterly, and a few do monthly, if you do not want to re-invest. There are different type of mutual funds. Money market funds usually guarantees your principal. Stock based mutual funds fluctuate based on the market performance and your principal is not guaranteed. They however traditionally offer the high return over the long haul. |
Re: Mutual Funds by Hafeexla(m): 12:05am On Apr 07, 2023 |
I have a 50$ facebook ads credit for sale. Reduced price. A chance to take your business to another level. |
Re: Mutual Funds by Chijohn42k(m): 12:06am On Apr 08, 2023 |
emmasoft:thank you Boss, is it possible for me to fill the form online then do the transfer to details they will provide for me. |
Re: Mutual Funds by emmasoft(m): 8:37am On Apr 08, 2023 |
Chijohn42k: Very possible and that is actually the best method to open an account. To open account, click the link on my signature. Complete the form that comes up. After submission, details will be sent to your email. You will need a passport photo, ID card, utility bill that is not older than three months to complete your registration. You can also chat me up with the number on my signature if you need any assistance or clarification. 2 Likes |
Re: Mutual Funds by Chijohn42k(m): 9:07am On Apr 08, 2023 |
emmasoft:thank you Boss |
Re: Mutual Funds by Windblown2much: 11:41am On Apr 08, 2023 |
sgtponzihater1:Thanks for the clarification. Base on mutual funds pls must one have an account with the Bank he/she wants to invest in? And can one invest and b able to increase the investment capital within the period of investment OR the investment amount must b static during the investment period? |
Re: Mutual Funds by sgtponzihater1(m): 2:27pm On Apr 08, 2023 |
Windblown2much: You join any mutual fund company not minding what bank account you hold. You can invest into your fund as frequently as you want, and can use it as a vehicle to wealth building over time. Happy to help at any time if you need further clarification. PonziHater |
Re: Mutual Funds by freeman67: 5:46pm On Apr 08, 2023 |
I don't know if any is facing same issues here. I jave been trying to access my Stanbic IBTC mutual fund account through their mobile app and internet access since Thursday to no avail. It will just act as if the internet is bad and wont display anything. I have been using same network for every other thing on my phone without issues. In fact I even use it to open my Stanbic IBTC Bank section of the app. What seem to be the issue please? |
Re: Mutual Funds by sgtponzihater1(m): 5:53pm On Apr 08, 2023 |
freeman67: They sent a mail out that they'll be down from a maintenance between Thursday and Monday, I believe this would be the reason. |
Re: Mutual Funds by freeman67: 6:19pm On Apr 08, 2023 |
sgtponzihater1: Ok,Thank you. I didn't get the mail that's why I was worried. |
Re: Mutual Funds by sgtponzihater1(m): 8:19pm On Apr 08, 2023 |
freeman67: No problem bro. Stanbic is one of the companies I can trust my finances with and can recommend. 1 Like 1 Share |
Re: Mutual Funds by igbizen(m): 9:39am On Apr 09, 2023 |
freeman67:Exactly what am facing right now. Just came here to find out if anybody is facing the same thing |
Re: Mutual Funds by igbizen(m): 9:40am On Apr 09, 2023 |
sgtponzihater1:Ok. Let’s wait and see then. |
Re: Mutual Funds by OSCARNEEN: 1:04pm On Apr 09, 2023 |
Dear all. Could anyone share experiences about the FBNQuest dollar funds most expecially the specialized dollar fund. Who is familiar with the track record of the company. Thank you |
Re: Mutual Funds by Windblown2much: 8:55am On Apr 10, 2023 |
sgtponzihater1:Thanks for ur inputs so far I really appreciate. As a starter, which mutual fund company would u advice I invest with and what's the current percentage monthly profit? Thanks! |
Re: Mutual Funds by SophieAbou97: 9:36am On Apr 10, 2023 |
I need help, I need investment on my business. I’m literally just tired right now and don’t want to give up on a business I’ve been into for three years now(bead making) no support, nothing and I’m very creative. Kindly help with loan. I’m going through a health situation too which I don’t have enough to treat. Please don’t make any Ill comment under this post, don’t worsen my situation. Frustration is what made me spoke out. |
Re: Mutual Funds by sgtponzihater1(m): 10:41am On Apr 10, 2023 |
Windblown2much: There several good companies. I use Stanbic. But other companies like FBN Quest, ARM are good choices. I generally prefer using long term players. Interest rates are not calculated monthly, but annually, and interests mostly paid quarterly pro-rated. Interest rates vary based on MPR for money market funds, currently between 9-11%. Equity based funds vary widely. You'll need to do your own research about what company you'll go with, and base your choice not only based on current interest rate. If you have Stanbic in mind then kindly use my ref link, but you'll be fine as long as you choose a company with a good track record, and stay the course. All the best, and get into the Market as soon as you can to benefit from compounding. PonziHater |
Re: Mutual Funds by Batman2412(m): 11:22am On Apr 10, 2023 |
What is FTDs? I noticed in united capital money market fund sheet of February 2023 that 68.2% of money market fund is invested in FTDs, 25.6% in Treasury bills and 6.2% in commercial papers. Please, what is FTDs? |
Re: Mutual Funds by freeman67: 12:05pm On Apr 10, 2023 |
Batman2412: That should be referring to Fixed Term Deposits if I'm not mistaken. 4 Likes |
Re: Mutual Funds by Batman2412(m): 6:27pm On Apr 10, 2023 |
freeman67: Oh, thanks. That makes sense |
Re: Mutual Funds by igbizen(m): 9:25pm On Apr 10, 2023 |
Has anybody been able to log onto Stanbic MMF? Or is it tomorrow the platform will start working? |
Re: Mutual Funds by freeman67: 9:41pm On Apr 10, 2023 |
igbizen: Not yet. I tried this evening and it still didn't open. |
Re: Mutual Funds by unite4real: 9:55pm On Apr 10, 2023 |
igbizen: I have logged in successfully 15 minutes ago. It also affected their pension module as well. All is back now |
Re: Mutual Funds by igbizen(m): 10:27pm On Apr 10, 2023 |
unite4real:Just tried and the MMF platform opened. The problem is that I don’t know if my returns are correct ![]() ![]() ![]() |
Re: Mutual Funds by wayforward2grea(f): 10:18am On Apr 11, 2023 |
I made a redemption request today around 2am. When will i get it? I used Stanbic-IBTC mobile app and i received acknowledgement. How long will take to debit my account? |
Re: Mutual Funds by sgtponzihater1(m): 10:25am On Apr 11, 2023 |
wayforward2grea: Usually 2 working days. You can escalate thereafter 1 Like |
Re: Mutual Funds by unite4real: 10:33am On Apr 11, 2023 |
wayforward2grea: It will come in today before close of business. I have never waited more than one day for the redemption to arrive 1 Like |
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