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Nairaland Forum / Nairaland / General / Investment / Mutual Funds (1009516 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 dboss444: 7:23pm On Aug 27, 2017 |
new here hope to learn alot |
Re: Mutual Funds by Fxmanager(m): 5:42am On Aug 28, 2017 |
wisemanj: This is the best structured, secured and transparent investment you will ever find in this forum. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum and it takes 5 mins to your ecurrency payment system "Megatransfer", regulated and Licensed by the Financial Conduct Authority of UK(FCA)", then you can then make instant withdrawals to your Mastercard/Visa debit cards From Megatransfer. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your investment anywhere you are in the world 24/7 using any internet enable device. You are free to test us with any amount you can comfortably risk before investing fully with us. Statement of account sent to your email daily. working risk to investors capital is 5-10% risk and maximum permissible risk to investors capital is 30% of investors capital. Visit the link below. https://www.nairaland.com/3901897/currency-trading-journal-target-avg Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status. https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide https://www.nairaland.com/3931027/4-ways-avoid-investment-scams |
Re: Mutual Funds by emmanuelewumi(m): 6:33am On Aug 28, 2017 |
Fxmanager: How is this gibberish related to what is being discussed here. Start another thread and post your scam there. Guys be careful of this scammer and his purported Investment schemes. 6 Likes 1 Share |
Re: Mutual Funds by Fxmanager(m): 6:49am On Aug 28, 2017 |
emmanuelewumi: You are jumping into conclusion without going all i am posting there and all the links in my post. Let us repeat ourselves, This is the best structured, secured and transparent investment you will ever find in this forum. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum and it takes 5 mins to your ecurrency payment system "Megatransfer", regulated and Licensed by the Financial Conduct Authority of UK(FCA)", then you can then make instant withdrawals to your Mastercard/Visa debit cards From Megatransfer. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your investment anywhere you are in the world 24/7 using any internet enable device. You are free to test us with any amount you can comfortably risk before investing fully with us. Statement of account sent to your email daily. working risk to investors capital is 5-10% risk and maximum permissible risk to investors capital is 30% of investors capital. Visit the link below. https://www.nairaland.com/3901897/currency-trading-journal-target-avg If we are scammers, we don't think we should be fighting against our aim to scam people using this posts below. Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status. https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide https://www.nairaland.com/3931027/4-ways-avoid-investment-scams |
Re: Mutual Funds by jmanity: 8:45am On Aug 28, 2017 |
wisemanj: Stanbic IBTC and cordros capital offers an average of 18% interest on money market mutual fund per annum, that will give you 1.5% per month, multiply that with 2million and you will get 30,000 per month which is better than savings account and fixed deposit. |
Re: Mutual Funds by joseph1013: 12:32pm On Aug 28, 2017 |
jmanity:The use of 'average' confuses me. Is it the average over a one year period or 5-year period or... More importantly, I'd like to know how they have fared historically. |
Re: Mutual Funds by jmanity: 7:07pm On Aug 28, 2017 |
joseph1013: The average is for this year.... The interest is not static it currently hovers around 18.5%. You can google them to know more on how they have fared historically. |
Re: Mutual Funds by sgtponzihater1(m): 11:01pm On Aug 28, 2017 |
jmanity: Thanks will be there next tomorrow. I hope I can walk into any stanbic branch. |
Re: Mutual Funds by ernie4life(m): 8:26am On Aug 29, 2017 |
LeeCodeman: I will recommend mutual funds for the following reasons little amount to start can add any amount anytime you want it grows with the child with little or no monitoring no maturity date till when you feel like withdrawing Note: if you can I will advise you go for either a balanced fund or put a part in balanced funds since its long term |
Re: Mutual Funds by bisiki2: 10:09am On Aug 29, 2017 |
ernie4life: @ LeeCodeman, i want to assume that @ ernie4life suggested the balance fund investment because it offers a higher yield, but i strongly advise against it. For a long term investment, a steady cash flow and preservation of capital is key. I would suggest you stick with the money market fund investment for the reasons stated by @ ernie4life |
Re: Mutual Funds by dotcomnamename: 12:18pm On Aug 29, 2017 |
bisiki2: Hello bisiki2, I don't understand your point above. Please read your post again. You clearly against the ernie4life's suggestion of Balance Fund Investment because it offers a higher yield. However, you also suggested @LeeCodeman should stick with Money market Fund Investment but for what REASON stated by @ernie4life? I don't get your point there. Are you saying @LeeCodeman should go for Mutual Funds for long time investment for the child and then choose Money Market Fund under the same Mutual Funds? Can you please clarify/be more explanatory. Thank you. |
Re: Mutual Funds by bisiki2: 12:44pm On Aug 29, 2017 |
dotcomnamename: Balanced Fund and Money Market Fund are investment portfolio under Mutual Fund. However, with BF there is the possibility of losing interest accrued and the principal invested is not guaranteed. |
Re: Mutual Funds by ernie4life(m): 1:10pm On Aug 29, 2017 |
for further clarifications Balanced funds don't guarantee capital because of its exposure to equity assets. but the truth in equity space Always out performs money market instrument(Do your research) in this case LeeCodeman is investing for the child which is obviously long term, balanced or a mixture of balanced funds is ideal. investing in a balanced fund mitigates the risk of investing in equity directly while still offering returns close to what equity offers. Now what am recommending is that he should have part of this child's funds in balanced funds to be able to take advantage of the returns, the ratio he decides to split it between Money market fund and balanced fund is entirely up to him to decide. cc bisiki2 1 Like |
Re: Mutual Funds by dotcomnamename: 1:12pm On Aug 29, 2017 |
bisiki2: To you, apparently with Money Market Fund there is 100% guarantee that investor won't lose interest accrued and the principal invested is your point, is that correct? |
Re: Mutual Funds by dotcomnamename: 1:16pm On Aug 29, 2017 |
ernie4life: Can Mutual Fund investment be made through bank or it must be through agent? |
Re: Mutual Funds by ernie4life(m): 1:25pm On Aug 29, 2017 |
dotcomnamename: depends, the likes of stanbic, FBNH can be done at their respective banks but for ARM, investment one and co you can just log on to their website and fill the forms and make transfer that's all |
Re: Mutual Funds by ernie4life(m): 1:26pm On Aug 29, 2017 |
dotcomnamename: for money market funds interest is bound to fluctuations but capital is guranteed 2 Likes |
Re: Mutual Funds by RealityShot: 2:31pm On Aug 29, 2017 |
ernie4life:Stanbic fund can be done online; Registration etc.. Transfer funds from any bank/atm/online system. info at www.stanbicibtcassetmanagement.com/nigeriaassetmanagers/personal/Mutual-Funds/SIBTC-Money-Market-Fund 1 Like |
Re: Mutual Funds by sgtponzihater1(m): 3:12pm On Aug 29, 2017 |
RealityShot: Pls I need to know how to reinvest funds into stanbic MMF, the person I met at their branch was saying I have to raise a draft in favour of the fund every time. and I guess that'll will be too cumbersome. How do one reinvest through mobile banking? |
Re: Mutual Funds by RealityShot: 3:20pm On Aug 29, 2017 |
sgtponzihater1:if you opened the account already: then just log into the online office.. click TOP UP .. it will direct you to select amount to add and pay with your ATM card via interswitch. if you havent opened the account: remeber to tick "reinvest interest" when filling the form. TIP: fill ALL the forms..for your convinience in the future |
Re: Mutual Funds by dotcomnamename: 4:28pm On Aug 29, 2017 |
ernie4life: So how will intended investor will order her bank to invest for the ''mixture of balanced funds''? |
Re: Mutual Funds by Investnow2017: 4:41pm On Aug 29, 2017 |
sgtponzihater1: Just transfer money into their account and advise your account officer. That's all. Most in their vanking unit do not know so much abt the modus operandi. Always deal with their asset mgt unit. And they are very efficient. Sweet watching yr money grow everyday ![]() 2 Likes |
Re: Mutual Funds by sgtponzihater1(m): 4:45pm On Aug 29, 2017 |
Investnow2017: God bless u bro. How do I know my account officer, because I just went to d bank to fill d forms today, they asked me to return tomorrow with my utility bill and all that and told me to bring a draft in favour of stanbic MMF wen I am coming. |
Re: Mutual Funds by Investnow2017: 5:04pm On Aug 29, 2017 |
sgtponzihater1: They mentioned draft because the mutual fund account does not accept cash deposit. It is either bank transfer or bank draft. Tell them to refer you to their asset mgt unit and try and get the telephone number of the person for subsequent transactions. |
Re: Mutual Funds by NoQualms1(f): 7:44am On Sep 01, 2017 |
RealityShot: Hello, please I have urgent need for money and want take out part of my capital in Stanbic MMF. How do I go about it without going to the bank? Also, how long does it take to get the money in my account? I have the mobile app. Thanks. |
Re: Mutual Funds by RedCapChief(m): 4:49pm On Sep 01, 2017 |
ernie4life: I checked the investment-one website. There is no indication that the Vantage Fund pays 24.58% 1 Like |
Re: Mutual Funds by tradepunter: 11:24pm On Sep 01, 2017 |
Mutual funds very funny investment in naija... Worked at the core and realize how mad money is made and yet they use technical jargon to sell dreams to wannabe investors.. I dy use my 2milla steady on odds of 1.02-1.10 twice a week, and am living good... People might say it's crazy stuff but hey nah my cash and I chose it over mutual funds |
Re: Mutual Funds by tradepunter: 11:29pm On Sep 01, 2017 |
Sorry to say most of the peeps here sounds like a former colleague called biodun in marketing department... Bumped into him selling pipe dream to innocent client at my back then office.. Men Te sales sounded like they dy convert gold from heaven. |
Re: Mutual Funds by dotcomnamename: 12:30pm On Sep 02, 2017 |
tradepunter: Smh 1 Like |
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