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Nairaland Forum / Nairaland / General / Investment / Mutual Funds (1009306 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 Partnerbiz3: 2:32pm On Sep 08, 2017 |
Investnow2017: You mean IBTC MMF is risky? |
Re: Mutual Funds by sgtponzihater1(m): 2:36pm On Sep 08, 2017 |
Investnow2017: Stop being an obvious marketer 1 Like |
Re: Mutual Funds by Gaddaffi121(m): 6:10pm On Sep 08, 2017 |
Investnow2017:You are right bro. Even banks cant fold up anyhow like in those days again. Its understandable to be a little scared because of past experiences, but the reality must be told too. ponzihater pls take note. |
Re: Mutual Funds by ernie4life(m): 6:48pm On Sep 08, 2017 |
cucumbar: I will recommend you buy treasury bills for one year, collect upfront interest and invest into mutual funds then you can be redeeming monthly to meet your monthly need. |
Re: Mutual Funds by Nobody: 11:09am On Sep 09, 2017 |
Unable to login to my online account since yesterday PLS anybody with the same issue |
Re: Mutual Funds by beyolah: 11:18am On Sep 09, 2017 |
adegokekemi: I have the same issue with the ibtc app |
Re: Mutual Funds by Nobody: 12:48pm On Sep 09, 2017 |
beyolah:OK. That means no cause for alarm |
Re: Mutual Funds by RealityShot: 2:48pm On Sep 09, 2017 |
adegokekemi:remember the email about an upgrage coming soon? perhaps thats what they are doing. Nairaruky: this guy is no fund promoter... sgtponzihater1(m): And Sgt.. You should know Investnow2017.. Is also just an excited investor just like us! Fact is Mutual Fund is no get rich quick system that can pay people to promote it. i went to ibtc Asset management office.. They have only 3 workers in the building! the officer asked me to help him "tell my friends".. lol.. I just laughed...they dont pay people for that otherwise i would be earning some large wade for all those i have told.. This here is just to help others who are looking to secure their funds while they await the next "good" biz idea.. Partnerbiz3 though is a clear marketer of data bundles.. LMAO! 2 Likes |
Re: Mutual Funds by Partnerbiz3: 4:04pm On Sep 09, 2017 |
RealityShot: Forget jor... you guys don't want to answer my question... |
Re: Mutual Funds by Investnow2017: 5:19pm On Sep 09, 2017 |
RealityShot: Thanks for coming to my aid ![]() After a friend lost N4m to all these ponzi scheme after failing to accept my criticism of them, i cannot stop being excited about any genuine investment that can guarantee capital preservation and meaningful interest. It was all she had. Everyday now she is weeping and mourning her loss. . 2 Likes |
Re: Mutual Funds by dotcomnamename: 5:40pm On Sep 09, 2017 |
Does anyone know the minimum amount First Bank accept to invest on Money Market Funds? |
Re: Mutual Funds by Cation(m): 12:41pm On Sep 10, 2017 |
Nobody is even talking about Asset and resource management company ARM. ..are they that bad? |
Re: Mutual Funds by beyolah: 12:46pm On Sep 10, 2017 |
adegokekemi: No cause for alarm. It's up now. I was just able to login. |
Re: Mutual Funds by emmanuelewumi(m): 1:42pm On Sep 10, 2017 |
Partnerbiz3: They have answered your question, but it appears they didn't tell you what you wanted to hear. Consult your bankers or Treasury Bills investment officers. 1 Like |
Re: Mutual Funds by Nobody: 2:18pm On Sep 10, 2017 |
beyolah: Sorry couldn't get back. I was able to login in the midnight. Thanks 1 Like |
Re: Mutual Funds by dotcomnamename: 3:45pm On Sep 10, 2017 |
dotcomnamename: . |
Re: Mutual Funds by Nobody: 3:57pm On Sep 10, 2017 |
dotcomnamename: With a minimum and affordable starting investment of just N5,000, you can start investing in the FBN Money Market Fund. The Fund typically offers higher rates when compared to a standard bank savings account, and you can add more funds to your investment at any convenient time 1 Like |
Re: Mutual Funds by Ugosample(m): 4:13pm On Sep 10, 2017 |
ernie4life: This is good advise y'all |
Re: Mutual Funds by Ugosample(m): 4:16pm On Sep 10, 2017 |
adegokekemi: That's cool. They accept 5k Which one will you recommend between FBN and IBTC? |
Re: Mutual Funds by sonssyo(f): 4:20pm On Sep 10, 2017 |
Please, if I invest on stanbic mutual funds, can I get my money with interest at the end of one month? From what I read here, am becoming more confused |
Re: Mutual Funds by chukzyfcbb: 4:23pm On Sep 10, 2017 |
cucumbar:of course it will 400-500k monthly for a year amounts to 4.8-6m per annum. with the rates hovering at about 18% 35million should yield 6.3 million Gross! That's still enough to meet up with his standard of living. However it's best u invest that sun in Tbills where you can lock in on the 18%. With money market fund, the rates could drop further affecting the yield from 6.3 to a lower sum. Nevertheless, I don't suggest he quits the job 3 Likes |
Re: Mutual Funds by ihedioramma: 4:28pm On Sep 10, 2017 |
chukzyfcbb:What of one million ? |
Re: Mutual Funds by ihedioramma: 4:30pm On Sep 10, 2017 |
Ugosample:5K ? And what will be the profit ? |
Re: Mutual Funds by chukzyfcbb: 4:34pm On Sep 10, 2017 |
ihedioramma:Regardless of the amount, its best to lock in on the present high rates in Tbills. If possible tick the re-invest option in your form to get a higher yield. My take is that In money market funds, the rates aren't stable. You may get 18% today, next month it could be down to 16%. But if you choose let's say 6months in Tbills, that rate is fixed through the whole of that 6months Look at this FBN fact sheet. and watch how yields dropped by 2% from November 2015 to December 2015 1 Like
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Re: Mutual Funds by ihedioramma: 4:35pm On Sep 10, 2017 |
emmanuelewumi:Tech me about this money market fund ? |
Re: Mutual Funds by ihedioramma: 4:39pm On Sep 10, 2017 |
chukzyfcbb:OK Thank's . please teach me about money market fund how it work and how to make profit e.t.c small, small please ? . 1 Like |
Re: Mutual Funds by chukzyfcbb: 4:42pm On Sep 10, 2017 |
ihedioramma:in lay mans terms, its simply an vehicle where the investment company pools funds from different investors and help to invest on their behalf on low risks assets, typically treasury bills, banker acceptances etc. The screenshot I uploaded above, shows where the funds of investors are going to. from that pic above u see that about 46% of the funds are going to Tbills, 40% to bank deposits and 9.9% to commercial papers. with this you know where your money is going to. There are different departments, if I am to use that word. like fixed income fund or balanced fund, these ones have low-mid level risk because funds here go into the stock market. .Most people prefer the Money market fund because of its low risk! You can check up The websites of these Fund managers eg First bank. stanbic ibtc, arm etc to learn better. Below is the factsheet from first bank 2015 (using this as an illustration).. - You see where the funds are going to in the pie chart - You see the yield on a month-month basis - You see the charges and read the news affecting yields
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Re: Mutual Funds by Nobody: 4:47pm On Sep 10, 2017 |
Ugosample: I'm using stanbic very OK. I think they have the highest for money market |
Re: Mutual Funds by Nobody: 4:49pm On Sep 10, 2017 |
sonssyo: Yes after 30days |
Re: Mutual Funds by ihedioramma: 4:57pm On Sep 10, 2017 |
chukzyfcbb:Thank's . if i invest #20,000 in this money market fund with low risk, like how much profit will i make (two examples please )? |
Re: Mutual Funds by chukzyfcbb: 5:06pm On Sep 10, 2017 |
ihedioramma:using 18% as an example u will get #200naira each month. if the rates remain at 18% for October, 200naira will be added again |
Re: Mutual Funds by chukzyfcbb: 5:07pm On Sep 10, 2017 |
adegokekemi:what's the present rate at stanbic? |
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