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Mutual Funds - Investment (96) - Nairaland

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Re: Mutual Funds by xtain7: 10:47pm On Jul 24, 2018
mercifull:
I went to stanbic ibtc yesterday and filled the form. Then did funds transfer at my bank and gave them the copy. I realised I made a mistake with the account no so I went back to my bank today to correct it but up to now my account is yet to be debited . What could be the problem?
Your statement ain't clear enough
You made mistake in which of the account number
State it well
So that I understand actually what you asking about
Re: Mutual Funds by xtain7: 10:49pm On Jul 24, 2018
Holar09:

Please, somebody should answer this
You want to register
Or you want to actually fund your mutual account
Get it straight
To avoid nebulousness
Re: Mutual Funds by Ifelove1(m): 12:15am On Jul 25, 2018
Holar09:

Please, somebody should answer this
To register, you must use a minimum of 5,000 and a maximum of 20,000 using the online/mobile platform after which you can increase the amount. The terms and conditions are stated on the first page of the registration portal.
Re: Mutual Funds by eezeribe(m): 6:20am On Jul 25, 2018
Stanbic ibtc Subscription- Effective Monday 15 January 2018, the cut-off time for processing subscriptions into the mutual funds would be 12 noon every business day. All subscriptions received on or before this time would be given same day value, while subscriptions received after 12 noon would be given value the next business day.

1 Like

Re: Mutual Funds by eezeribe(m): 6:29am On Jul 25, 2018
Stanbic ibtc Subscription – Subscription request received via email into the mutualfunds@stanbicibtc.com mail box would no longer be processed . We implore all customers to make use of our online channels or physically visit our branches. These online channels include:
The mutual fund online platform (www.stanbicibtcfundsmanagement.com)
Quick teller (www.quickteller.com/siaml)
Stanbic IBTC Mobile App (please download from play or app store

1 Like

Re: Mutual Funds by eezeribe(m): 6:34am On Jul 25, 2018
Stanbic ibtc Redemption: This is processed within 5 business days

Access to Online Redemption- This is processed within 3 business days

Data Update-This is processed within 7 business days

Change of Dividend Mandate-This is processed within 7 business days

Change of Bank Account: This is processed within 7 business days

Direct debit :This is processed within 14 days

Embassy letter:This is processed within 2 business days

#For stanbic ibtc mutual fund account holders.

3 Likes 1 Share

Re: Mutual Funds by eezeribe(m): 6:42am On Jul 25, 2018
For stanbic ibtc mmf redemption :
Please be informed that the maximum you can redeem online is N2.5m daily. In the event you desire to redeem above the maximum , kindly execute the attached order and forward same for processing.
Re: Mutual Funds by eezeribe(m): 6:45am On Jul 25, 2018
For stanbic ibtc mmf online top up :
Please be informed that the daily limit has now been increased to 5 million naira.
Re: Mutual Funds by eezeribe(m): 6:49am On Jul 25, 2018
That's all for now, rate as at close of Monday trading for stanbic ibtc mmf was 11.81...

1 Like

Re: Mutual Funds by Ochux01: 7:38am On Jul 25, 2018
Nice!
Re: Mutual Funds by Nobody: 8:14am On Jul 25, 2018
AbbyE:


Axa mansard?

YES

Did you do a transfer or you paid online?

ONLINE TRANSFER

What time today did you do the payment?

2PM
Re: Mutual Funds by mercifull(f): 11:01am On Jul 25, 2018
xtain7:

Your statement ain't clear enough
You made mistake in which of the account number
State it well
So that I understand actually what you asking about
I went back to my bank this morning and I have been debited. Thanks

1 Like

Re: Mutual Funds by Mcdons205(m): 11:58am On Jul 25, 2018
If you interested in making 35% every 7 days , why not chat me up on +2348143960033 and I would be glad to put you through ?
Re: Mutual Funds by unite4real: 12:04pm On Jul 25, 2018
eezeribe:
That's all for now, rate as at close of Monday trading for stanbic ibtc mmf was 11.81...

It's about time to start pulling out fund from it and inject elsewhere. Rate dropping like pack of cards. The true yield for TB is better than this
Re: Mutual Funds by amaham(m): 12:05pm On Jul 25, 2018
eezeribe:
That's all for now, rate as at close of Monday trading for stanbic ibtc mmf was 11.81...
11.81%, values are falling ooo. The stocks are showing positive signs while stanbic mmf values that trades on stock is falling.
There is God finally
Re: Mutual Funds by enque(f): 1:12pm On Jul 25, 2018
Ochux01:


Ask him to tell you the truth Sis...
Office is always open and business is going on, why can't he come to disturb at the office...demand a refund or something... smh. Bigger wehdon to ur hobby o!!! too much money I guess...

...but just for the records some of you here are secretly coming to enquire and not even one left without investing!

20% in 30 working days (6weeks)

U guys should go n fix ur ish biko
No further comments...
Re: Mutual Funds by eezeribe(m): 1:36pm On Jul 25, 2018
amaham:

11.81%, values are falling ooo. The stocks are showing positive signs while stanbic mmf values that trades on stock is falling.
There is God finally
Stanbic IBTC mmf is not primarily an equity fund, investment in stocks is given the least percentage.
Re: Mutual Funds by eezeribe(m): 1:42pm On Jul 25, 2018
unite4real:


It's about time to start pulling out fund from it and inject elsewhere. Rate dropping like pack of cards. The true yield for TB is better than this
If you have an alternative with the same security but better yield, it's fine.
But you know our current compounding method would still give the mmf an edge over TB on a YTD basis.
Re: Mutual Funds by Ademat7(m): 10:54am On Jul 26, 2018
axamansard has one of the best customer care relations in MMF. You can request for a call me back and they will do

Re: Mutual Funds by emmyboss(m): 3:28pm On Jul 26, 2018
Between Axa Mansard and Meristem Money Market Fund, which is wise to invest in now?
Re: Mutual Funds by jujutom(m): 10:16pm On Jul 26, 2018
Plz wats the current profit margin for stanbic MMF
How is this profit given? 3monthly? 6monthly?
Apart from the fact ur initial deposit will nefa be touched is there any additional benefits?
Which order stanbic asset management offers go rates without them touching ur initial deposit?
Re: Mutual Funds by Holar09: 10:39pm On Jul 26, 2018
Ifelove1:

To register, you must use a minimum of 5,000 and a maximum of 20,000 using the online/mobile platform after which you can increase the amount. The terms and conditions are stated on the first page of the registration portal.
Thank you for this
Re: Mutual Funds by SokoDobo: 10:29am On Jul 27, 2018
We are building a promising tech startup that caters for African users and global customers.

We currently have:
1. Over 20,000 prelaunch app users
2. 34 intending customers
3. Mobile App halfway done
4. Web App half way done
5. A part of Web presence complete.

We want to raise more funds $10k or its naira equivalent exchange for equity.
Minimum of $500 (N180,500) per investor.

Interested investors should reach out via sokodobo123@gmail.com for a proper pitch.

Can also reach out on whatsapp 09081412698
Regards.
Re: Mutual Funds by emekad2: 2:23pm On Jul 27, 2018
Please can someone help me. If I invest 750,000 in stanbic Mmf today, with the prevailing yields that are current, how much dividend will I get in one month's time? I need help please
Re: Mutual Funds by Nobody: 3:45pm On Jul 27, 2018
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Re: Mutual Funds by Nobody: 3:51pm On Jul 27, 2018
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Re: Mutual Funds by eezeribe(m): 4:26pm On Jul 27, 2018
Yesterday's yield for SIBTC MMF closed at 11.91%,a 0.1% increase..
Re: Mutual Funds by eezeribe(m): 4:32pm On Jul 27, 2018
When opening your MMF account, always make sure you choose your dividend mandate according to your investment goals , either to be paid out or reinvested into the funds.
Re: Mutual Funds by Hidohwuh: 5:53pm On Jul 27, 2018
ARMMMF is currently 12.63%
Re: Mutual Funds by jujutom(m): 6:05pm On Jul 27, 2018
Hidohwuh:
ARMMMF is currently 12.63%

Tank u
Re: Mutual Funds by Hidohwuh: 6:12pm On Jul 27, 2018
jujutom:

Tank u
u'r welcome
Re: Mutual Funds by AbbyE: 6:25pm On Jul 27, 2018
emekad2:
Please can someone help me. If I invest 750,000 in stanbic Mmf today, with the prevailing yields that are current, how much dividend will I get in one month's time? I need help please

So I'm not going to put in the extra effort to check what Stanbic's rate is but assuming the rate is 10%, you'd be getting 750,000*0.1/12 = N6250.

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