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Nairaland Forum / Nairaland / General / Investment / Mutual Funds (1009226 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 freeman67: 10:22am On May 22, 2018 |
Harddiskng: I think you are the person that lacked the understanding of what you just posted. It is clearly stated as the first point that redemption is within 5 business days. |
Re: Mutual Funds by Harddiskng(m): 11:18am On May 22, 2018 |
freeman67: Its not a crime to lack understanding at a point, remaining ignorant should be a crime. If you read my later post, you would see where i stated something about placing a call to customer-care to seek clarification. |
Re: Mutual Funds by freeman67: 12:10pm On May 22, 2018 |
Harddiskng: Sorry I just responded to your message immediately I saw it. I didn't mean it's an offence in anyway. I was just trying to point out that your were ignoring the first point in the screenshot which is very vital. |
Re: Mutual Funds by RealityShot: 4:48pm On May 22, 2018 |
yak:what was the mistake? Why do you disagree please? |
Re: Mutual Funds by yak(m): 5:58pm On May 22, 2018 |
RealityShot:not just anybody. we will profile all of them n choose the best for the job 2 Likes |
Re: Mutual Funds by Nobody: 11:42am On May 24, 2018 |
Good Morning Everyone, Please I tried redeeming my money online with stanbicibtc this morning and its saying i have to leave a minimum of 5k in the account. I need the money urgently and i need all of it. I don't mind closing the mutual funds account because ko pay at all. how do i go about redeeming all the money out?do i have to go to a branch? Please help. |
Re: Mutual Funds by cybertek(m): 11:50am On May 24, 2018 |
bolarinnwa: Try the app.. u will be able to withdraw normal.. and u know u wont get alert immediately |
Re: Mutual Funds by Nobody: 12:21pm On May 24, 2018 |
the issue is not using the app. the issue is i want to remove all my money and its saying i have to leave a minimum od 5k in the account. i do go about redeeming all the money in the mutual funds account. cybertek: |
Re: Mutual Funds by ernie4life(m): 1:00pm On May 24, 2018 |
House check out secondary market treasury bills rate below as at today and compare it with mmf rates, you will see mmf is still better 1 Like
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Re: Mutual Funds by awesomeJ(m): 1:16pm On May 24, 2018 |
ernie4life:Kudos to you for dropping this. Kudos to our fund managers too for yet delivering yields above T-bills. MMFs are the best money market vehicles currently. Glad I'm in. |
Re: Mutual Funds by ImperialCovfefe: 1:21pm On May 24, 2018 |
ernie4life: Can you upload the complete table? Thanks |
Re: Mutual Funds by Nobody: 1:27pm On May 24, 2018 |
please help oo. i want to redeem all my funds from the mutual funds account. but it is requesting i leave a minimum of 5k. help biko |
Re: Mutual Funds by ernie4life(m): 1:38pm On May 24, 2018 |
ImperialCovfefe: Here you go 1 Like
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Re: Mutual Funds by francdec4(m): 5:24pm On May 24, 2018 |
Is it better than the balance funds or fbn smart beta and other equities? Just asking to have an idea. awesomeJ: |
Re: Mutual Funds by awesomeJ(m): 8:55pm On May 24, 2018 |
francdec4:From Feb 1 to date, I don't think there's any equity fund in Nigeria that has returned half as much as the average MMF. As a matter of fact, most are trading at losses from their Jan end prices. balanced funds are often a mix of bonds and equities. so I expect their performance to lag MMF still. For bond funds, I am expecting them to have better performance than MMFs. These are my views. |
Re: Mutual Funds by francdec4(m): 9:06pm On May 24, 2018 |
Thank you for sharing awesomeJ. Well appreciated. awesomeJ: |
Re: Mutual Funds by RealityShot: 11:33pm On May 24, 2018 |
yak:sure! But from among the ones provided excluding bubu |
Re: Mutual Funds by DawnEden(m): 8:55am On May 25, 2018 |
carpenter:Ok, what of if I decided to pay let say 10000 monthly into the mmf, how will the dividend be calculated every 3 months. Anybody in the house? |
Re: Mutual Funds by awesomeJ(m): 2:00pm On May 25, 2018 |
DawnEden:Let me use 12% because it's more straight forward, and still close to what most funds return. You start with 100,000 and add 10,000 monthly, Your first income would be 1,000 and it'll rise by 100 every month. |
Re: Mutual Funds by irookie(m): 11:37am On May 28, 2018 |
A very good morning. I have been a silent follower of this thread and must say you are doing a nice job (wont mention the names of my ogas that i crush on ![]() I am a TB fan and would still be (we all know why), but now i have raised my risk level (up to stock market for my children sha ![]() I just opened my MMF account (Thanks to all of you regular contributors ![]() Now to my question of the day... is weekend included in the daily interest paid? (saw an increment in my account this morning ![]() |
Re: Mutual Funds by Ugosample(m): 11:43am On May 28, 2018 |
irookie: yes it is And welcome on board You will get appreciation for each day |
Re: Mutual Funds by Nobody: 2:09pm On May 28, 2018 |
irookie: Hello irookie. Please which money market fund did you open and with which bank did you open it? |
Re: Mutual Funds by chrysanthus07: 2:22pm On May 28, 2018 |
kneehighbootz: kneehighbootz:please I m a newbie..Have 150k 2 invest..whc bank will you advice? Thanks |
Re: Mutual Funds by Nobody: 2:35pm On May 28, 2018 |
chrysanthus07: Invest 100k in treasury bills and then 50k in mutual funds. I'm a newbie investor like you so do consult other experienced people. Thank you. |
Re: Mutual Funds by Adayoung(f): 4:20pm On May 28, 2018 |
Good day house,I did topup in my mmf accout since Saturday and till now it has not been reflected in my mmf account. what should i do ? |
Re: Mutual Funds by chrysanthus07: 6:17pm On May 28, 2018 |
kneehighbootz:thanks brother for the insight..most banks don't accept 100k for t Bills please whc bank does accept it? and whc bank will you advice me to invest in ? |
Re: Mutual Funds by AbbyE: 8:53pm On May 28, 2018 |
Adayoung: Lol just chill they'd do it. I tried to switch funds from my money market to bond fund 6 days ago,it has still not reflected. It's sad that their service has gotten worse |
Re: Mutual Funds by Nobody: 2:59am On May 29, 2018 |
chrysanthus07: Really? wow, please ask ernie40 for more information Like I told you, I'm new to investing myself. |
Re: Mutual Funds by lonelybol: 4:01am On May 29, 2018 |
Tty this site,its cashing out.you can make up to $150 per day by visiting pages.get paid by visiting pages http:///ekEvs |
Re: Mutual Funds by irookie(m): 6:04am On May 29, 2018 |
chrysanthus07: Hi chrysanthus07 https://fman.com.ng/ can guide you (I dont want to advertise for the Fund managers ![]() Also this was my guide when i was selecting with lots of advice on this thread. https://nairametrics.com/top-5-mutual-funds-in-nigeria-as-at-march-29-2018/ I hope this helps and also remember that "Past performers of all the Fund managers is not a guarantee for future performance" , but i think one thing is certain (based on my findings, I hope I am right) MMF returns higher rates than TB. |
Re: Mutual Funds by irookie(m): 6:11am On May 29, 2018 |
kneehighbootz: As much as you asked a straight forward question, i wont give you a straight forward answer but will just guide you as i have been guided by Gurus here and it will enable you to know well who you have chosen to manage your funds. https://fman.com.ng/ can guide you. Also this was my guide when i was selecting with lots of advice on this thread. https://nairametrics.com/top-5-mutual-funds-in-nigeria-as-at-march-29-2018/ Note "Past performers of all the Fund managers is not a guarantee for future performance" , but i think one thing is certain (based on my findings, I hope I am right) MMF returns higher rates than TB. |
Re: Mutual Funds by irookie(m): 6:19am On May 29, 2018 |
Adayoung: I would suggest you walk up to any of their branch, they will rectify it. You can as well call their customer care. Also, try as much as possible to know your Account officer, you can get his or her mobile number and call when you have issues like this. Hope this helps |
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