eezeribe:

Of course YES , stanbic does quarterly compounding of 100 % of your interests.
Further more, stanbic recently introduced daily compounding up to 7% of interests accrued from selected investment tools in the money market fund.

AbbyE:


Stanbic no longer does quarterly compounding of interest

AbbyE:


Stanbic no longer does quarterly compounding of interest

coolangel54:
I think I need to visit their office for more info.

yak:


how do they do it now?

Ugosample:


How far you na

eezeribe:

Periodic, sometimes once a week, sometimes twice in three weeks, depending on investment tools.
Between may 17 and today, the compounding on my account has occurred 4 times...
But this periodic compounding is a function of the amount of interest earned.

yak:

I noticed that too. what's the current rate on mmf

coolangel54:
I sent a mail to Stanbic IBTC and also checked the websites for both fund managers

Emmy2018:
Hello house, i appreciate all the good work done by all here. I will say i have really gained a lots.

However, i have observed that most of the discussion here focused mainly on ARM and Stanbic, what about other house like FBN, coronation etc?


Also, this investment on MMF can one live it for a long term like say 10-20 years?

Thanks

Emmy2018:
Hello house, i appreciate all the good work done by all here. I will say i have really gained a lots.

However, i have observed that most of the discussion here focused mainly on ARM and Stanbic, what about other house like FBN, coronation etc?


Also, this investment on MMF can one live it for a long term like say 10-20 years?

Thanks

osasuwa011:
Pls house, is it possible to invest in MMF online without going to any of their branches. If yes, someone should pls send me the link on how to go about it. Thanks

Ademat7:
Money Market Fund

The AXA Mansard Money Market Mutual Fund is designed for investors with low risk appetite looking to maximize interest income in short-tenored securities. The Fund would be attractive to investors who desire a regular stream of income with minimal risk appetite
Benefits of the Fund

Liquidity:Investors will be able to purchase and sell the Units in the Fund throughout its existence.
Affordability: The Fund represents an investment opportunity that allows investors earn steady income without substantial initial investments.
Professional Management: The portfolio managers are skilled and experienced professionals and will bring this expertise to bear in the management of the Fund.
Performance Monitoring: An Investment Committee will monitor the Fund’s activities and performance on a regular basis.
Accessibility:Easy accessibility to the fund via the use of electronic platforms and debit cards. Transactions in the fund can be conducted via physical and electronic channels.

minimum amount to start with: #2000
current rate:12.86%
you can leave the fund for the number of years that you want

Fxmanager:
We offer a currency portfolio management service where you create your personal international currency portfolio and we managed it for you with a target of an average 10%+ monthly return to you after deduction of performance fees. Your currency portfolio will be set up under a Government's licensed, regulated, monitored and audited financial brokerage firm. Visit our profile signature for the link to our website for more details.

eezeribe:

You can hold your investment in MMF as well as most other capital market tools for as long as you want,provided you are monitoring your investment and making sure that your initial capital at least, is not eroding.

Ugosample:

Are you involved with the stanbic balanced fund?

Ugosample:
I just made a switch to AXA Mansard and Investment one


Looking to invest into the Vantage Balanced Fubd for investment one, and Equity fund for mamsard, and invest small in the mmf there too because the rates seem good

But since I credited the a/c online, my accounts have not reflected till date


I hope there is nothing to fear my people

Any one with experience with these investment houses should also be shared pls

thanks

eezeribe:

No, the money market fund and others..

Ugosample:


You again

Any ways, for curiosity sake, what's the minimun amount one can invest in your scheme?

Ugosample:



I see

I have been reorganizing my portfolio sha

Made enough free money via mmf

Time to take risks by going into the equities direct, as well as buying the equity and balanced funds of good fund managers

eezeribe:

Not a bad idea at all.. In fact, the 'real' money is in the direct equities if you manage your game very very very very well.
I wish you all the best as you take another step...

beegurl:
Good day everyone, I need help on how to increase my funds on stanbic app pls

eezeribe:

Have you registered your funds account on the app?
You can actually top up via direct transfer from the app or quick teller...

eezeribe:

Have you registered your funds account on the app?
You can actually top up via direct transfer from the app or quick teller...

Ugosample:
I just made a switch to AXA Mansard and Investment one


Looking to invest into the Vantage Balanced Fubd for investment one, and Equity fund for mamsard, and invest small in the mmf there too because the rates seem good

But since I credited the a/c online, my accounts have not reflected till date


I hope there is nothing to fear my people

Any one with experience with these investment houses should also be shared pls

thanks

beegurl:


Yes. I have been using the app since last year and top upup by going to the bank. Can u ouput me thru pls