Stats: 3,191,605 members, 7,944,791 topics. Date: Tuesday, 10 September 2024 at 03:28 AM |
Nairaland Forum / Nairaland / General / Investment / Mutual Funds (1009776 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)
(1) (2) (3) ... (5) (6) (7) (8) (9) (10) (11) ... (332) (Reply) (Go Down)
Re: Mutual Funds by ednut1(m): 1:21pm On Jan 14, 2015 |
taiwoliu:there diff mutual funds. some pay annual dividend ,bi annual u can also gain thru increase in unit price of ur investment. for a money market mutual fund. ur gain is d accumulation of daily interests. u have two options every 3 months. collet ur interest or add back to ur initial investment. eg lets say i invested 1m. in 3 months it has earned 28k. i can collet d 28k or add it back to my 1m. meaning my initial investment is now 1028000, from den on. ur daily interest is now being computed wit 1028,000 nd nt 1m 1 Like 3 Shares |
Re: Mutual Funds by taiwoliu(m): 3:49pm On Jan 14, 2015 |
Aiit boss.... Tnx Don't have access to dt email at d moment ednut1: |
Re: Mutual Funds by ednut1(m): 4:42pm On Jan 14, 2015 |
taiwoliu:ok bro. |
Re: Mutual Funds by igboboy3(m): 6:26pm On Jan 14, 2015 |
Great thread lads, lets keep it going. FBN MMF and Stanbic MMF are some of the better mutual funds in the market. My opinion is that though Stanbic may have a larger base, wider reach and ?better managers, their fees are not a bowl of ice-cream. Nevertheless, you can't go wrong with either of them. Does anybody know of any other good funds or fund managers? (Please don't mention ARM). Even as the market is tanking, the yield of some of these funds will definitely drop. I've been trying to find any information about ETFs(particularly Vetiva and Stanbic). I hear ETFs have some advantages over ordinary mutual funds. 2 Likes 1 Share |
Re: Mutual Funds by carpenter(m): 10:39pm On Jan 15, 2015 |
igboboy3: I don't know much about StanbicIBTC but i do like the categorisation of their products. I will definitely check them out in future. The yields are all similar though... still in the 11-12% range and the fees don't matter since the yields advertised are net of fees. FBN MMF entry level is quite low compared to theirs (5k initial and 5k subsequently vs 50k initial and subsequent investment of 50k) and they are both rated by the same rating agency (Agusto) as Aa(f) http://www.agusto.com/rating-category.php?id=10 . I am inclined to agree StanbicIBTC might have better managers since the core business is investment. However, I believe the yields are not a reflection of that thinking...maybe they use their better managers on the other funds and not MMF. A lot of people are not being fair to ARM sha...just saying. InvestOne seems to offer the best rates I have seen so far... on ETFs, I have no idea..trying to remember the full meaning sef ![]() 2 Likes |
Re: Mutual Funds by teemy(m): 3:48pm On Jan 16, 2015 |
can anyone help with a list of non bank mutual/hedge funds based in Nigeria. Thanks |
Re: Mutual Funds by teemy(m): 4:54pm On Jan 16, 2015 |
Found it and more. http://www.sec.gov.ng/collective-investment-schemes.html. Thanks @all |
Re: Mutual Funds by taiwoliu(m): 5:37pm On Jan 16, 2015 |
What are non-bank mutual/hedge funds? teemy: |
Re: Mutual Funds by teemy(m): 5:49pm On Jan 16, 2015 |
taiwoliu:Referring to the ones not managed/owned by a bank |
Re: Mutual Funds by ernie4life(m): 9:14pm On Jan 16, 2015 |
for the benefit of all, here is a list of all funds in nigeria and so far so good how they have performed. published by SEC as at last month. with this list you will know all the fund managers in nigeria, the funds the offer and how well the funds are performing. NOTE it's in excel format
|
Re: Mutual Funds by ketipo3: 1:30am On Jan 18, 2015 |
since i left secondary school. I always come to this forum to search for new ideas owing to the fact that no man is an island of its own but i must confess that i have really found nothing that has beaten the way i have been using over the years. It just dawned on me to let this idea out to my fellow Nigerians so that we can all benefit from it and i also have this dream of making Nigeria a better place and i have to start from somewhere in writing my name on the sands of time.I realize that some people are poor whilw\e few people are rich in Nigeria and this is because some people in this country do not have enough information on how to make money with little capital while few people are always looking for adequate information on how to get rich in Nigeria,some people in this country dont belive that they can be rich through online investment but i am introducing you to this great financial opportunity that can make you be rich in short period of time.This is an investment that pays returns just after 20 days.You will get double of your funds after investing with them.I wouldn't want to be telling stories so if you need more information on this.simply check on S o n y o n l i n e i n v e s t . c o m |
Re: Mutual Funds by wisemanj(m): 12:22pm On Jan 18, 2015 |
Nice investment tip thanks to u all |
Re: Mutual Funds by ednut1(m): 12:38pm On Jan 19, 2015 |
Re: Mutual Funds by ernie4life(m): 2:01pm On Jan 19, 2015 |
carpenter: that ARM issue no be small |
Re: Mutual Funds by Yem0350: 9:40pm On Jan 19, 2015 |
Anybody into KGIF. I want to ask few questions |
Re: Mutual Funds by igboboy3(m): 10:08pm On Jan 20, 2015 |
So, I started the Stanbic IBTC MMF today. It was quite an easy process; just your documents and funds transfer receipt. The bank staff were quite courteous. Within 24hrs, I had received an email alert giving me details of my online access password. I logged on to their portal and my 100k don add 31naira on top ![]() ![]() Let's see how the whole thing goes 4 Likes |
Re: Mutual Funds by ednut1(m): 10:36pm On Jan 20, 2015 |
igboboy3: ![]() 1 Like |
Re: Mutual Funds by ernie4life(m): 8:02am On Jan 21, 2015 |
Yem0350: am into KGIF, whats your question? |
Re: Mutual Funds by Yem0350: 11:22am On Jan 21, 2015 |
ernie4life:Ao is it easy to divest from it? R dey reliable? What is their current rate? |
Re: Mutual Funds by ernie4life(m): 11:27am On Jan 21, 2015 |
Yem0350: takes 5 working days to divest from it(all things being equal) Currently at 12% but we are looking at it going up to 13%(all things being equal) |
Re: Mutual Funds by Yem0350: 6:43pm On Jan 21, 2015 |
ernie4life:Have u encounter any challenges with dem? |
Re: Mutual Funds by ernie4life(m): 7:54pm On Jan 21, 2015 |
Yem0350: none that I can say, though I work with them |
Re: Mutual Funds by WeirdHero(m): 9:00am On Jan 22, 2015 |
ernie4life:Please @ ernie4life, going with the current oil downfall which is already having a toll on other sectors of the economy, will this affect investments in KGIF. How secure will people's investments be during these downfall ![]() ![]() |
Re: Mutual Funds by ernie4life(m): 12:23pm On Jan 22, 2015 |
WeirdHero: KGIF is a balanced mutual fund, major part of the fund is put into fixed income market that's why the fund managers can guarantee you a fixed interest on your investment, while the other part of the fund is invested in equities that is why there is a clause of you making an extra 35% or so depending on how well the funds performs. With that if equities are not performing well fixed income will always perform well. Now with the current fall in oil prices which seems to be affecting the whole economy won't have much effect on KGIF, because majority of KGIF funds are invested in bonds and some other times its loaned out to banks that's why the interest rate on kgif is pegged to MPR, this means the could give this funds to banks to do business and pay interest or they could buy FG bonds at an interest of 13%. With this kind of investment the fund is always safe and there will always be steady return. Now the second reason why I think KGIF will still remain stable it's in its administration, now check out the parties involved in the business First trustees (first bank holding) Stanbic ibtc Investment one All these financial institutions have a good track record, with them involved I believe your cash is always safe. How about the regulation of Kgif? Kgif is regulated by SEC thats why you can always check for periodic updates of the funds in SEC website, that's to show the fund is highly regulated. Disclaimer: the write up above is solely my opinion. 5 Likes 1 Share |
Re: Mutual Funds by taiwoliu(m): 10:52pm On Jan 24, 2015 |
To all the 'teachers' in d houz, just wanna ask if the current oil slump won't affect Mutual Funds in the nearest future. Don't really knw much abt their connection bt jst a lil concerned. |
Re: Mutual Funds by ednut1(m): 12:06am On Jan 25, 2015 |
taiwoliu:sure it wud affect d equity based mutual funds most. in 2013 stanbic ibtc Imaan fund made 48%, equity nd ethical fund 36% nd 34% bt it 2014 dey all made a loss of btw 22%-28%. the money market fund was nt affected nd ended d year wit 11.09%. 2 Likes |
Re: Mutual Funds by dtphilosopher: 8:30pm On Jan 27, 2015 |
guys i dont know what to do o. For some days now I cant reach fbn capital online for my online access login detail. None is responding to my mail. None is picking calls. Anyone knows whats happening there? |
Re: Mutual Funds by ernie4life(m): 2:57pm On Jan 30, 2015 |
S/N NAME OF THE FUND MANAGER AND THERE FUNDS EQUITY BASED FUNDS 1 Stanbic IBTC Asset Mgt. Limited . Stanbic IBTC Nigerian Equity Fund 2 Asset & Resources Mgt. Co. Ltd . ARM Discovery Fund 3 FSDH Asset Management Ltd . Coral Growth Fund 4 Investment One Fin. Serv.Ltd . Nigeria International Growth Fund 5 First City Asset Management Plc . Legacy Fund 6 First City Asset ManagementPLc . IMB Energy Master Fund 7 Sterling Capital Market Limited . Frontier Fund 8 Chapel Hill Denham Mgt. Limited . Paramount Equity Fund 9 UBA Asset Management Limited . UBA Equity Fund 10 Asset & Resources Mgt. Co. Ltd . ARM Aggressive Growth Fund 11 Alternative Cap. Partners Ltd . ACAP Canary Growth Fund 12 FBN Capital Asset Mgt . Anchor Fund 13 FBN Capital Asset Mgt . Bedrock Fund 14 Zenith Asset Management Ltd . Zenith Equity Fund 15 Afrinvest Asset Mgt Plc . Afrinvest Equity Fund 16 BGL Asset Management Limited . BGL Nubian Fund 17 SIM Capital Alliance Limited . SIM Capital Alliance Fund MONEY MARKET FUND 18 Stanbic IBTC Asset Mgt. Limited . Stanbic IBTC Money Market Fund 19 FBN Capital Asset Mgt Limited . FBN Money Market Fund 20 UBA Asset Management Limited . UBA Money Market Fund 21 AIICO Capital Ltd . AIICO Money Market Fund 22 Asset & Resources Mgt. Co. Ltd . ARM Money Market Fund BOND FUND 23 Stanbic IBTC Asset Mgt. Limited . Stanbic IBTC Bond Fund 24 UBA Asset Management Limited . UBA Bond Fund 25 Afrinvest Asset Mgt Plc Nigeria . International Debt Fund 26 BGL Asset Management Limited . BGL Sapphire Fund 27 FSDH Asset Management Ltd . Coral Income Fund 28 Kakawa Asset Mgt. Co.Limited . kakawa Guaranteed Income Fund 29 Zenith Asset Management Ltd . Zenith Income Fund 30 FBN Capital Asset Mgt Limited . FBN Fixed Income Fund 31 Stanbic IBTC Asset Mgt. Limited . Stanbic IBTC Guaranteed Fund 32 SFS Capital Nigeria Ltd . SFS Fixed Income Fund REAL ESTATE FUND 33 SFS Capital Nigeria Ltd . Skye Shelter Fund 34 Union Homes Saving & Loans Plc . Union Homes REITS 35 FSDH Asset Management Ltd . UPDC Real Estate Investment Fund BALANCED BASED FUND 36 Chapel Hill Denham Mgt. Limited . Women Investment Fund 37 UBA Asset Management Limited . UBA Balanced Fund 38 CDL Asset Management Ltd . Union Trustees Mixed Fund 39 FBN Capital Asset Mgt. Limited . FBN Heritage Fund 40 Chapel Hill Denham Mgt. Limited . Nigeria Global Investment Fund 41 Stanbic IBTC Asset Mgt. Limited . Stanbic IBTC Balanced Fund 42 Sterling Capital Market Limited . Indo Nigeria Unit Trust Fund 43 Vetiva Fund Managers . DV Balanced Fund ETHICAL FUND 44 Zenith Asset Management Ltd . Zenith Ethical Fund 45 Lotus Capital Limited . Lotus Halal Inv. Fund 46 Stanbic IBTC Asset Mgt. Limited . Stanbic IBTC Ethical Fund 47 Asset & Resources Mgt. Co. Ltd . ARM Ethical Fund 48 Stanbic IBTC Asset Mgt. Limited . Stanbic IBTC Iman Fund SECTOR FUND 49 Sterling Capital Market Limited . Nigeria Energy Sector Fund 1 Like 2 Shares |
Re: Mutual Funds by ernie4life(m): 1:12pm On Feb 07, 2015 |
many of the funds on this list sound new to me and yet I thought I knew much about mutual funds, am obviously just starting, but trust me am already working on the list to find out every tiny info |
Re: Mutual Funds by carpenter(m): 1:26pm On Feb 07, 2015 |
Okay ...we dey wait ernie4life:;DOkay ...we dey wait |
Re: Mutual Funds by ernie4life(m): 1:43pm On Feb 07, 2015 |
The ARM Discovery Fund investment objective is to provide capital growth primarily through investments in equity, real estate and fixed income securities in the Nigerian market. The Fund Manager maintains a minimum equity position of 40% and a maximum of 65%. It is not the objective of the Fund to replicate the performance of the Nigerian equity market; rather,it has a primary objective to deliver real returns over the long term. The Fund is suitable for investors who have a moderate risk tolerance level. Key facts Launch Date: January 1995 Memorandum listing in April 2002 Size of Fund: N5.20 billion ($32.30 million)* Initial Investment Amount: N10,000.00 Management Fee: 1.5% of NAV Incentive Fee: 20% of Return in excess of 10% annually Benchmark: NSE/T Bill Composite Index Fund Investment Strategy The Fund invests in equity, fixed income and real estate securities. This mix of assets provides the investor with an optimum balance between risk and return aimed at providing long term sustainable returns. |
Re: Mutual Funds by drdams: 10:21am On Feb 10, 2015 |
for d kgif biannual remittances is d interest on 365 days on 180 days calculation? |
(1) (2) (3) ... (5) (6) (7) (8) (9) (10) (11) ... (332) (Reply)
MBA Investors Forum / Crypto Currency Investors Thread / Treasury Bills In Nigeria
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 52 |