omoharry:
what about ARM MMF..are they better for investment?

AbbyE:
Should I trust Stanbic IBTC with my money if they keep making silly mistakes like this

1. I paid some money into my money market fund and they posted it twice in error. Almost three weeks later they have still not been able to do a reconciliation and correct the issue

2. I moved some money between mutual funds , from bond fund to guaranteed last week monday, 8 working days after, they have not credit the guaranteed with the money but they have taken the money out of the bond ( different money from the one above)

I have sent emails which they have not responded to , I am not sure if i have to go to their office

r4blessing:
For now I think Afrinvest NIDF fund has the highest interest rate @ above 16%.. Those with idle cash can look into it

r4blessing:
For now I think Afrinvest NIDF fund has the highest interest rate @ above 16%.. Those with idle cash can look into it

austine4real:
pls hw can I top up my axa mansard account??


I mean additional subscription

r4blessing:

Trust me is better u go to their office for issue number 2. I had same issue some time ago and they didn't respond to any of the emails and calls till I went to their office. For number 1, I hope it's earning interest, if it is don't even disturb your self. And trust me I still feel stanbic is better than axamasard if u are thinking of switching. Coz I have both

emmy4lov:


Is this a mutual funds? Can you explain please.?

dotcomnamename:



Can you please confirm if it is higher than Stanbic IBTC Money Market Funds. What is the highest interest rate so far?

ajeleomo:


Bros are you indicating MMF will not rise? What if you buy TB @13% for 182 days like u said and after 30 days MMF have risen to 13.5% and fluctuates around above 13% for the rest of the tenor, Will you call your TB trade a good deal?
This is the reason TB fixed rate MUST significantly be highly than MMF as their is tendency for MMF to rise

dotcomnamename:


This is the reason I prefer to lock in higher TB at least from 18%

olyrayy:
Hello house. How do I get information about the recent rate of return (ROI) of my mutual fund. My mutual fund (Meristem) is just beating about the bush. Not giving me information on how many percentage rate of return they have recently gained or lost.

Also, I checked out Stanbic IBTC and their registration process involved bank draft and all. is there a way to do this remotely/online? Are there better options?

GonFreecss1:


Isn't 18% only exclusive to the 50 million naira and above Gang?

dotcomnamename:


I got - 18% last year secondary market 5m

bryce1:


The reason I suggested petty business is because, you want higher returns with a short run period

Funny enough, you can do both investment in mutual funds and also do petty business for fast liquid cash and bigger returns

I have a shop where I sell wristwatches , some come wit a cost price as low as 400naira and I sell them for 2k, that’s 400% returns on my investment in that watch excluding expenses incurred in procuring the watch

Money only multiples when you put it to work

bryce1:


The reason I suggested petty business is because, you want higher returns with a short run period

Funny enough, you can do both investment in mutual funds and also do petty business for fast liquid cash and bigger returns

I have a shop where I sell wristwatches , some come wit a cost price as low as 400naira and I sell them for 2k, that’s 400% returns on my investment in that watch excluding expenses incurred in procuring the watch

Money only multiples when you put it to work

amblors:


It's way down this year

megacontrol:
Anybody with experience liquidating their MMF with AXA Mansard here?
How long does it take?
What is the process?

Thanks

ajeleomo:
1:46 PM (4 hours ago)
Dear ARM
I have noticed with displeasure how my account balance changes to lower figures with withdrawal not being made. Kindly address the issue please

ARM IC Customer Care
3:30 PM (2 hours ago)
to me

Thank you for your email.
Please be informed that due to a system glitch we are experiencing currently, we are temporarily unable to display updated statements or accrued interests on the self -service portal. We are working assiduously to rectify the problem as soon as possible.

Kindly bear with us please.

If you require further assistance or for more information, please contact the support unit at enquiries@arminvestmentcenter.com or call us on 0700CALLARM (0700 2255 276).

Kind regards,

DBestDoc:


Same prob i'm having, i also sent them an email and i got same system glitch reply.

It's been that way for the past 2 weeks and in my case, the accrued interest is back to 0.00ngn.

I have another MMF with FbnQuest and it's been running smoothly. If ARM do not get their acts together by the end of this month, i may just transfer all my investments to FbnQuest.

Adayoung:

where is fbn quest office ? The banker I met seems not to know about fbn mmf. Did u open the account online ?

Adayoung:

where is fbn quest office ? The banker I met seems not to know about fbn mmf. Did u open the account online ?

Yem0350:
You can do everything online

DBestDoc:


You can do everything online. I downloaded the form from their website, printed, completed and sent it back to them by email alongside other necessary documents and my account was set up.

https://fbnquest.com
That's their web address, you can get all relevant info or contact them by email.