Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,208,838 members, 8,004,004 topics. Date: Saturday, 16 November 2024 at 05:30 AM |
Nairaland Forum / Nairaland / General / Investment / Mutual Funds (1043672 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) ... (15) (16) (17) (18) (19) (20) (21) ... (339) (Reply) (Go Down)
Re: Mutual Funds by nonyowen: 7:43pm On Oct 19, 2015 |
teemy:yea well i decided to leave it and keep receiving my dividends. however when i tried they said i suld apply for it and it would take 10 working days. |
Re: Mutual Funds by teemy(m): 6:53am On Oct 20, 2015 |
nonyowen:ok then all the best. as long as the dividends keep coming in you are ok. more confidence once your dividends surpass your initial deposit so you are sure you are not being given abu's money. |
Re: Mutual Funds by Nobody: 7:25pm On Oct 28, 2015 |
Please I don't have the strength to go through the whole thread. Is anyone really, like REALLY familiar with FBN Money Market Fund and ARM Money Market Fund?? Which is better please in terms of interest yield?? I need this ASAP. Thank you |
Re: Mutual Funds by ernie4life(m): 7:51pm On Oct 28, 2015 |
masonkz: FBN MMF |
Re: Mutual Funds by Nobody: 6:27pm On Oct 30, 2015 |
ernie4life: Thanks a lot. |
Re: Mutual Funds by Nobody: 6:41pm On Oct 30, 2015 |
Kennybiz27: Please how has your experience with ARM been? And I guess the standing order thingy is good for investments like these. Do banks charge for standing orders? |
Re: Mutual Funds by anangboy(m): 2:51pm On Oct 31, 2015 |
Please, the FBN Fixed Income Fund as explained by you has "No guaranteed income". Does this imply that funds here are invested into the uncertain capital market? If so, how is it still called Fixed Income? Please, do you know any notable investment house that offers above 12% returns on treasury bills investment? Thank you. |
Re: Mutual Funds by taiwoliu(m): 12:44pm On Nov 02, 2015 |
ernie4life:boss, is ur capital returned automatically after a year? wt reference to FBN MMF |
Re: Mutual Funds by ernie4life(m): 12:54pm On Nov 02, 2015 |
taiwoliu: I think you have to give instructions for that |
Re: Mutual Funds by carpenter(m): 6:50am On Nov 03, 2015 |
ernie4life: Yeap... Profit is paid every quarter or you can elect to re-invest. I re-invest all the time, when i need money, i just redeem some units. 1 Like |
Re: Mutual Funds by carpenter(m): 7:20am On Nov 03, 2015 |
anangboy: I sincerely do not know how they came about that name cos the price is not fixed, neither is the dividends. This is from the factsheet "Past performance is not a guide to the future. The price of investments and the income from them may fall as well as rise and investors may not get back the full amount invested" I think you can put your money on FBN MMF and go to sleep...you may even get better than that 12%. |
Re: Mutual Funds by anangboy(m): 8:25am On Nov 03, 2015 |
carpenter: Thank you brother. I'll look into the FBN MMF. |
Re: Mutual Funds by taiwoliu(m): 10:16am On Nov 03, 2015 |
carpenter:really appreciate d response. It is my first yr in it, nd as DEC draws close I wanted to knw if I'll v to inform b4 withdrawal or it'll b automatically rolled over into January. I think its d latter from your explanation. Cc Ernie4life |
Re: Mutual Funds by ednut1(m): 10:37am On Nov 03, 2015 |
The market is highly liquid am expecting the Money market rates to drop below 12% . still a good deal |
Re: Mutual Funds by carpenter(m): 4:48pm On Nov 03, 2015 |
taiwoliu: I am interested to know when you bought into it. FBN MMF is paid quartely to me during the following months January,April,July,and October (automatically rolled -over). |
Re: Mutual Funds by taiwoliu(m): 5:28pm On Nov 03, 2015 |
carpenter:u r correct on d profit payment, i bought into it around april nd my interests v neva failed to b paid. but my question is if d capital nd interest accrued is automatically rolled over or paid back to d investor at year end? |
Re: Mutual Funds by carpenter(m): 5:39pm On Nov 03, 2015 |
taiwoliu: oh I see! I missed your question the last time then...strange the answer still fits though. |
Re: Mutual Funds by taiwoliu(m): 10:02pm On Nov 03, 2015 |
carpenter:*in sanyeri voice* ko maa mi nibe. Tanx 4 ur continual guidance @ all contributors |
Re: Mutual Funds by ernie4life(m): 11:22am On Nov 04, 2015 |
Tbills rage for today's auction 4/09/2015 91days= 6.35% - 6.55% 180days= 8.30% - 9.00% 364days= 9.00% - 9.50% Tooooooo low way below inflation rate 9.4% This has a significant effect on every MMF that does not have a guaranteed interest because it means the yeild on those funds is also going to fall, generally interest rates have fallen. Interest rate and stock market performance are inversely related, this means when interest rate increases, stocks will fall and when interest rate reduces stock prices increase. It's simple logic when rates are not worth relaxing I will rather take the risk at the big ones. And as more people move into stock demand increases leading to and increase in price of stocks. |
Re: Mutual Funds by taiwoliu(m): 2:36pm On Nov 04, 2015 |
ernie4life:hmmm, insightful |
Re: Mutual Funds by carpenter(m): 12:57pm On Nov 05, 2015 |
ernie4life: Yes o! Without doubt it will affect our yields. Infact e don affect sef...FBN MMF has been around 12.x% for some days now...we don't see our regular 13.x or occasional 14.X% anymore. However, I still see us doing better than the rates above because MMF is a mixture of instruments. This is the beauty of a pool of funds. For some reason I have always loved to benchmark against 12% for my calculation, maybe because it is easier with 12 months in year...I just look forward to 1% every month. Even with Inflation at above 9%, you still make a respectable 2-2.5%...not bad for passive income and it ensures you are not losing money to inflation. http://www.fbnquest.com/asset-management/our-products/mutual-funds/fbn-money-market-fund |
Re: Mutual Funds by taiwoliu(m): 3:13pm On Nov 05, 2015 |
carpenter:u r 1 of d few pple i love reading their comments #no homo |
Re: Mutual Funds by feelamong(m): 3:19pm On Nov 05, 2015 |
carpenter: what are the instruments in this mixture? would like to look at each of them and their present individual yields in this bad market |
Re: Mutual Funds by carpenter(m): 4:08pm On Nov 05, 2015 |
feelamong: Available at the same link above and a snapshot attached. I reckon it is a broad range since the percentages even overlap.
|
Re: Mutual Funds by Kennybiz27(m): 9:52pm On Nov 05, 2015 |
masonkz:Everything is by email I deposited with card and sent confirmation and write to them at every step I think the reply emails fast for any update or enquiry It's been great |
Re: Mutual Funds by feelamong(m): 3:39pm On Nov 06, 2015 |
carpenter: with the way all money market instruments and bank placements are falling... isnt this also bound to fall? 1 Like |
Re: Mutual Funds by carpenter(m): 7:16am On Nov 07, 2015 |
feelamong: Without a doubt it is falling ... Unsually, everything does not fall at the same time in an economy, there are always opportunities to make some head way in a diversified portfolio. However, I am just an investor and I judge by what I get...once the yields are not favourable, I move on to something else.As long as I am doing better than inflation am happy, that is the new standard for me. 2 Likes |
Re: Mutual Funds by taiwoliu(m): 12:03pm On Nov 07, 2015 |
carpenter:how do u come about ds economic figures and stats? Ddnt pay much attention in economics class. |
Re: Mutual Funds by Johnrake69: 10:38am On Nov 08, 2015 |
masonkz: There is usually no bank charge for the direct debit but some banks charge a one time fee of #105 to set it up then going forward no charge. Am actually one of their relationship manager. For more information you can send me an email at kelvin.chiejine@arm.com.ng or call on 09031599840, 08121198293. |
Re: Mutual Funds by Johnrake69: 11:06am On Nov 08, 2015 |
carpenter: Bros respect... I have actually been following your posts for over a year now and I must say you know your onions. |
Re: Mutual Funds by ernie4life(m): 11:10am On Nov 08, 2015 |
Johnrake69: nice to have someone from ARM here, we would like to know more about ARM mutual funds, Give us a brief about all ARM mutual funds with specific details to there classifications, tax implications, interest rate, tenure, minimum investment amount any extra information you think would be helpful. 2 Likes |
(1) (2) (3) ... (15) (16) (17) (18) (19) (20) (21) ... (339) (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. 51 |