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Nairaland Forum / Nairaland / General / Investment / Mutual Funds (1008851 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 dollaflow(m): 6:54pm On Oct 08, 2018 |
NL1960:aigoooo |
Re: Mutual Funds by jpphilips(m): 7:03pm On Oct 08, 2018 |
Who is interested in knowing how MMF funds are determined? Here you have it Meanwhile, Business Post reports that the average money market rate broadly increased by 9.6 percent on Friday to settle at 21.68 percent. So expect higher MMF rates this week. Lets see how much they will pay from the 21.68% they made. We can compare what we got from our investment managers. https://www.businesspost.ng/2018/10/06/liquidity-squeeze-triggers-0-15-hike-in-t-bills-yields/ |
Re: Mutual Funds by eanestca(m): 8:03pm On Oct 08, 2018 |
jpphilips: You are getting it all wrong 1 Like |
Re: Mutual Funds by jpphilips(m): 9:12am On Oct 09, 2018 |
Pr0cter: What is their rate like? |
Re: Mutual Funds by jpphilips(m): 9:13am On Oct 09, 2018 |
Re: Mutual Funds by zubixlen(m): 6:14am On Oct 10, 2018 |
jpphilips: |
Re: Mutual Funds by Buffalowings3(m): 9:56am On Oct 10, 2018 |
Invest with Ecobank... Dem try.. Fixed Income Fund.. |
Re: Mutual Funds by Pr0cter: 12:20pm On Oct 10, 2018 |
Re: Mutual Funds by Buffalowings3(m): 4:03pm On Oct 10, 2018 |
Pr0cter: A unit price for FIF 2 years ago was 1000 Now it is 1400. TB doesn't come close.. |
Re: Mutual Funds by jujutom(m): 8:01pm On Oct 10, 2018 |
Buffalowings3: Continue... sounds interesting |
Re: Mutual Funds by iamdannyfc(m): 12:05pm On Oct 11, 2018 |
Please i would like to know about updated procedures of ibtc mutual fund Like minimum amount needed to invest |
Re: Mutual Funds by Apitch(m): 12:16pm On Oct 11, 2018 |
Please for those using Stanbic, how do you see your daily gains and when(time) is it added to the NAV( net asset value). I went to the bank on the 2/10/18 and subscribed for their money market, on the 9th, I get a subscription initiation message so I went to the bank yesterday the 10th to get the online access and since then, the money just stand at attention. Did it have to take one full week after debiting my account to initiate the move? I kept calm because someone complained here before and he was told to calm down that his money is growing but mine did not grow Experienced guys please help me understand better. |
Re: Mutual Funds by jujutom(m): 12:51pm On Oct 12, 2018 |
Apitch: Download the app, input ur data or information if u hv them and u are gud to go |
Re: Mutual Funds by Pr0cter: 4:39pm On Oct 12, 2018 |
Apitch: Yeah. I was the one that complained earlier, but it's been sorted out. All you need to do is just to download stanbic ibtc mobile app from play store and login with your email, phone number and password. You'll then see your NAV and your accrued interest |
Re: Mutual Funds by Apitch(m): 4:46pm On Oct 12, 2018 |
Pr0cter:It doesn't work with the app. But works well through browsers but never on the app, I view my normal account detail on the app but when I try to log in on the mutual fund, I get an error message Again my first complaint is that they took a whole week before treating my request, even when I was deducted the same day. E pain me small o but all is well |
Re: Mutual Funds by Pr0cter: 5:28pm On Oct 12, 2018 |
Apitch: Perhaps you should visit them at their office on Monday and tender your complain |
Re: Mutual Funds by Apitch(m): 11:43am On Oct 14, 2018 |
Please is it normal for mutual funds not to grow on Saturday and Sundays or is it a Stanbic thing. |
Re: Mutual Funds by elothaddi(m): 12:13pm On Oct 14, 2018 |
Yes, it is normal. You will get your weekend payment by Monday as par AXA Mansard. Apitch: |
Re: Mutual Funds by Olohunjedalo(m): 12:14pm On Oct 14, 2018 |
Apitch:It’s very normal. Saturdays, sundays and public holidays It’s growing , but everything will be added together on Monday . And it will reflect on Monday. |
Re: Mutual Funds by Apitch(m): 1:17pm On Oct 14, 2018 |
elothaddi: Olohunjedalo:Thanks guys |
Re: Mutual Funds by emmas2k570(m): 2:19pm On Oct 15, 2018 |
I learnt alot from this group but i'm at a crossroad right now.... I have MMF account with Stanbic for sure which i have over 100 in it and i also just opened another MMF account with Axa Mansard.... Now i have 760 but i don't know which of the MMF account is advisable for me to put the money into. Kindly help your brother on this. Thanks. |
Re: Mutual Funds by emmy4lov(m): 5:33pm On Oct 15, 2018 |
emmas2k570: Please make I send my bank account nah .. !! |
Re: Mutual Funds by Apitch(m): 6:40pm On Oct 15, 2018 |
emmas2k570:Divide the money in such a way that they would both be equal, then you monitor and know which is better among the two in terms of rates 3 Likes |
Re: Mutual Funds by jpphilips(m): 6:26pm On Oct 16, 2018 |
https://www.businesspost.ng/2018/10/16/one-year-t-bills-shed-0-08-as-money-market-rates-jump-to-42-12/ Meanwhile, in line with expectations, the average money market rates broadly skyrocketed yesterday by 22.67 percent to settle for the day at 42.13 percent. This was buoyed by the 20.75 percent increase recorded by the Open Buy Back (OBB) rate and the 24.58 percent rise in the Overnight (OVN) rate. Business Post reports that while the OBB rate jumped to 39.92 percent from 19.17 percent, the OVN rate jumped to 44.33 percent from 19.75 percent. |
Re: Mutual Funds by zubixlen(m): 7:19am On Oct 17, 2018 |
@philips, what is the implications of this on the mutual funds? |
Re: Mutual Funds by KayPapi: 9:53pm On Oct 17, 2018 |
Apitch: I did similar with ARM and AXA with 100k each. Interest of AXA is twice that of ARM within a month. I closed my ARM, to use only AXA. I recommend AXA. 3 Likes 1 Share |
Re: Mutual Funds by emmy4lov(m): 1:42am On Oct 18, 2018 |
KayPapi: One other thing I like about AXA is that you can liquidate your funds anytime you want. |
Re: Mutual Funds by Etimocracy(m): 7:09am On Oct 18, 2018 |
How do I liquidate my funds from stanbic ibtc. Getting a response that the minimum of 5000 naira would be retained as I tried redeeming online, I wanna finally settle for AXA Mansard. Any helpful response would be greatly appreciated. |
Re: Mutual Funds by Yem0350: 7:17am On Oct 18, 2018 |
Etimocracy:Type every figure you see including kobo |
Re: Mutual Funds by hias2012(m): 8:11am On Oct 18, 2018 |
Yem0350: I advise you stay with stanbic. You don't need to liquidate your holding in stanbic for AXA. The difference doesn't worth it. Secondly the rates fluctuate. It cld be stanbic higher than AXA tmrrow. You can run both by splitting your subsequent stakes or inflows. I have both hence my advice. Hope you find this useful. 1 Like |
Re: Mutual Funds by Etimocracy(m): 10:44am On Oct 18, 2018 |
hias2012: I'll stick to your advice. Thanks for the prompt response |
Re: Mutual Funds by ajeleomo: 10:17pm On Oct 18, 2018 |
KayPapi: Are you sure about this? i have ARm and Axa also but i have monitored this week and observed that i get about 22% on ARM while i get 11.8% averagely on Axa. IONE gave 12% averagely |
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