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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 freeman67: 4:29pm On Apr 19, 2017 |
Ojix85: It is credited to your MMF account daily after the close of work but weekends it's carried over to Monday morning. If you have online access or their mobile app you can monitor online yourselves daily by 08:00pm weekdays. The payout of interest is done on quarterly basis. You can choose if u want it reinvested or credit to the bank account you gave them. 1 Like |
Re: Mutual Funds by Ojix85: 6:23am On Apr 20, 2017 |
freeman67: Thank you. |
Re: Mutual Funds by mrcas: 10:19am On Apr 20, 2017 |
ernie4life:so wats the ROI of 50k after one month wit 12% rate |
Re: Mutual Funds by ernie4life(m): 11:30am On Apr 20, 2017 |
mrcas: 500 |
Re: Mutual Funds by omoharry(f): 3:59pm On Apr 20, 2017 |
can some take out some money from thier MMF account without terminating the whole scheme? |
Re: Mutual Funds by sammily(m): 11:05pm On Apr 20, 2017 |
omoharry: Yes you can, just state the amount you want to redeem on the redemption form. |
Re: Mutual Funds by omoharry(f): 8:17am On Apr 21, 2017 |
sammily:Thanks. |
Re: Mutual Funds by ernie4life(m): 5:10pm On May 23, 2017 |
Top performing Mutual funds https://www.businessdayonline.com/abacus-cordros-lead-money-market-fund-returns/ 1 Like 1 Share |
Re: Mutual Funds by Investnow2017: 4:34pm On May 24, 2017 |
who says mutual funds dont pay more than 10%. I currently earn close to 18% on my mutual fund. Best ever though because the CBN is maintaining current MPR status quo. |
Re: Mutual Funds by izuagbala: 3:29pm On May 25, 2017 |
I am making cool cash every single day with my android phone. I dont even need to open my laptop these days . I created a thread on it here https://www.nairaland.com/3820609/life-changing-investment-just-keep#56865722 |
Re: Mutual Funds by xcitedjay(m): 2:42pm On May 31, 2017 |
Ups01: AXA Mansard current rate as at today is 17.7%. www.axamansard.com |
Re: Mutual Funds by Temesco(m): 7:56pm On Jun 04, 2017 |
[/color][color=#000099] ernie4life nd carpenter. Can u pls give details about abacus money market fund from investment one? |
Re: Mutual Funds by Temesco(m): 8:03pm On Jun 04, 2017 |
@ernie4life nd @carpenter. Can u pls give details about abacus money market fund from investment one?[/quote] |
Re: Mutual Funds by ernie4life(m): 8:45pm On Jun 04, 2017 |
Temesco: Abacus is one of the oldest unit trust. It was recently acquired by investment one funds management limited and converted into a money market fund. United capital trustee are the registrars/ trustees, Stanbic IBTC are the custodians. Augusto Co rated the fund A+. Based on the current performance of the fund seems investment one fund management are doing a good job because the performance of the fund was the highest in may. Minimum subscription is 1k Pays dividend quarterly Asset classification is 100% money market So far so good everything seems alright. 2 Likes |
Re: Mutual Funds by drcliff(m): 6:50am On Jun 05, 2017 |
ernie4life: I have gotten hold of the electronic copy of myPass investment prospectus and I am willing to subscribe to it but since I am not resident in any of the states of your branches locations, please explain to me in plain terms on how I can remotely tap into the investment using "the electronic window provided for subscription form submission". I am not quite sure whether I am to scan and send the filled subscription form plus other attachment documents after making payment or to wait until the account is opened for me before making payment. Please your response is needed ASAP ernie. |
Re: Mutual Funds by ernie4life(m): 7:01am On Jun 05, 2017 |
drcliff: Scan and send to them. You can either do the transfer now or wait till the day the account is created(which should not be long) either ways your investment starts counting from the day they receive value. |
Re: Mutual Funds by Donzie1995: 11:34am On Jun 05, 2017 |
Please nairalanders Am in need of your helps badly...An accommodation fee of 30k...please any amount will be appreciated... I only have two days left before my landlord push me out..please help me out..here my account GTB 0171003977...Thanks everyone!. God bless. |
Re: Mutual Funds by Temesco(m): 5:34pm On Jun 05, 2017 |
tnks @erni4life bt what is d interest rate like? |
Re: Mutual Funds by ernie4life(m): 5:40pm On Jun 05, 2017 |
Re: Mutual Funds by drcliff(m): 7:06pm On Jun 05, 2017 |
[quote author=ernie4life post=57203872] Scan and send to them. You can either do the transfer now or wait till the day the account is created(which should not be long) either ways your investment starts counting from the day they receive value. Thnx very much ernie4life but I must say dat those interest rate on kgif are enticing, between kgif & myPass which is better? |
Re: Mutual Funds by ernie4life(m): 7:56pm On Jun 05, 2017 |
[quote author=drcliff post=57225383][/quote] In my opinion stick to ABACUS because it's a money market fund and the current performance is high at the moment |
Re: Mutual Funds by drcliff(m): 8:31pm On Jun 05, 2017 |
ernie4life: Given ur versatile knowledge & wealth of experience, do u think dat ABACUS can outperform myPass if both investment can b held to maturity? |
Re: Mutual Funds by ernie4life(m): 7:02am On Jun 06, 2017 |
drcliff: Yes Consider the fact that ABACUS Pays out dividend every 90 days which can be added to capital to form a higher capital for the next quarter which translates to a higher yield the next quarter. The only down side is since ABACUS is a money market fund, if there is a reduction in interest rate, it will affect performance of all money market funds 1 Like |
Re: Mutual Funds by Ogborokiri(m): 11:43am On Jun 06, 2017 |
Ernie4life Hw Do I Contact U? |
Re: Mutual Funds by ernie4life(m): 12:05pm On Jun 06, 2017 |
Ogborokiri: PM will be perfect |
Re: Mutual Funds by Nobody: 7:50pm On Jun 15, 2017 |
Good day my fellow investors. I have an account with FBN MMF, but my issue is dat they have slow customer service, that are not really friendly. I need a strong mutual fund, that can stand d test of time and offer good security for my investment. Thanks NB: I have been with FBN since 2011 and I'm officially tired of them. |
Re: Mutual Funds by Dollabiz: 8:59pm On Jun 15, 2017 |
Good job |
Re: Mutual Funds by chukzyfcbb: 10:52pm On Jun 15, 2017 |
sgtponzihater:I feel ur pain. fbn mmf guys can be very slow to response, one of the reasons I got discouraged from going back into mutual funds after a while. well according to hearsays and reports, stanbic ibtc fund managers seems to be doing an excellent job. Being at the top of the mutual fund ladder in Nigeria, its no surprises actually that they are doing everything humanly possibly to satisfy their customers. If you would switch from fbn which I would suggest you should, then your next stop should be at stanbic ibtc. 1 Share
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Re: Mutual Funds by Nobody: 11:25pm On Jun 15, 2017 |
chukzyfcbb: I abandoned my FBN account, guess my money is still growing. Do u know how safe mutual funds are for like 15yrs investment. |
Re: Mutual Funds by chukzyfcbb: 11:35pm On Jun 15, 2017 |
sgtponzihater: well 15years is a whole lot of time to say what can happen, but I can say the money market department of the entire mutual fund pool is a very safe department. will it last 15yrs? that's a whole lot of time to tell but with its current stance in Nigeria, it will last a great deal |
Re: Mutual Funds by Ojix85: 11:04am On Jun 20, 2017 |
Hello House, Any Stanbic IBTC MMF subscriber in the house? No interest accrued on my MMF account for yesterday. Can another subscriber confirm? Thanks. |
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