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Mutual Funds - Investment (161) - Nairaland

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Re: Mutual Funds by 234ng44uk(m): 6:34am On May 10, 2019
senit:

i also got my calculations towards what you have work down but to my surprise this is what am getting

Looks like interest for 2 days at 12% which is rather low. Those with Stanbic should confirm rate please.
Re: Mutual Funds by Pr0cter: 9:00am On May 10, 2019
Please I'm finding it difficult to redeem from my stanbic ibtc mutual fund account. Please someone should help me with the step to withdrawal from my mutual fund account to my bank account
Re: Mutual Funds by reservd(m): 12:30pm On May 10, 2019
Yem0350:

My account get credited same day each time I made payment before 2pm

For redemption via app, it is either I get it that day or the next day.

That has been my experience so far.
Fbnquest? Wat app pls
Re: Mutual Funds by senit(m): 12:51pm On May 10, 2019
234ng44uk:


Looks like interest for 2 days at 12% which is rather low. Those with Stanbic should confirm rate please.
yes it for 2days, and still at the rate of 12%.
Re: Mutual Funds by 234ng44uk(m): 1:13pm On May 10, 2019
senit:

yes it for 2days, and still at the rate of 12%.

That's rather low. Axamansard is 12.66. FBN is 13.14
Re: Mutual Funds by eddyakinrinde(m): 2:18pm On May 10, 2019
234ng44uk:


That's rather low. Axamansard is 12.66. FBN is 13.14

Very low, United capital for the past one month to two has been btw 13.1 and 13.2.

1 Like

Re: Mutual Funds by wisemanj(m): 3:16pm On May 10, 2019
Good day everyone if one put 200k into mutual fund with 12% how much will be his profit please help me i dont really understand how it work
Re: Mutual Funds by 234ng44uk(m): 3:22pm On May 10, 2019
wisemanj:
Good day everyone if one put 200k into mutual fund with 12% how much will be his profit please help me i dont really understand how it work

You went to primary school didn't you? Maybe a secondary school too. Go and read your note. Look for where it says "simple interest".

4 Likes

Re: Mutual Funds by temi4fash(m): 4:56pm On May 10, 2019
234ng44uk:


You went to primary school don't you? Maybe a secondary school too. Go and read your note. Look for where it says "simple interest".

Looool

1 Like 2 Shares

Re: Mutual Funds by temi4fash(m): 4:57pm On May 10, 2019
wisemanj:
Good day everyone if one put 200k into mutual fund with 12% how much will be his profit please help me i dont really understand how it work

(200k * 0.12 * 1)/365 = 65.75 naira per day

2 Likes

Re: Mutual Funds by Pr0cter: 7:58pm On May 10, 2019
I redeemed some of my mutual fund from my stanbic ibtc account this morning by 9 am. My account has been debited in my stanbic ibtc and a mail confirming successful redemption has been sent to me since afternoon and till now 7.56 pm I haven't gotten the credit alert in my bank account and tomorrow is Saturday.
Re: Mutual Funds by senit(m): 8:38pm On May 10, 2019
eddyakinrinde:


Very low, United capital for the past one month to two has been btw 13.1 and 13.2.
Am a kind of optimistic that Stanbic rate will still come up to Either 13.% or more when there customers start declining

1 Like

Re: Mutual Funds by wisemanj(m): 9:51pm On May 10, 2019
234ng44uk:


You went to primary school didn't you? Maybe a secondary school too. Go and read your note. Look for where it says "simple interest".
I only ask a question for the expert in the house to help me and not to be insulted my u if u dont have interest in helping out with the question just stroll and pass it

3 Likes

Re: Mutual Funds by wisemanj(m): 9:52pm On May 10, 2019
temi4fash:


(200k * 0.12 * 1)/365 = 65.75 naira per day

Thank u
Re: Mutual Funds by Yem0350: 12:23am On May 11, 2019
reservd:

Fbnquest? Wat app pls
Fbn edge
Re: Mutual Funds by kendsage(m): 12:53am On May 11, 2019
[Fbn edge has been down for 3 days now. Please has anyone been able to log on the FBN edge?quote author=Yem0350 post=78286390]
Fbn edge[/quote]
Re: Mutual Funds by reservd(m): 2:48am On May 11, 2019
temi4fash:


(200k * 0.12 * 1)/365 = 65.75 naira per day

Do they pay interest on weekends?
Re: Mutual Funds by reservd(m): 7:52am On May 11, 2019
Yem0350:

Fbn edge
Can it work without having a firstbank account?
Re: Mutual Funds by Yem0350: 8:14am On May 11, 2019
reservd:

Can it work without having a firstbank account?
Yes
Re: Mutual Funds by Yem0350: 8:16am On May 11, 2019
kendsage:
[Fbn edge has been down for 3 days now. Please has anyone been able to log on the FBN edge?quote author=Yem0350 post=78286390]
Fbn edge
I just login now
Re: Mutual Funds by 234ng44uk(m): 9:32am On May 11, 2019
reservd:

Do they pay interest on weekends?
Yes, but you'll get it on Monday
Re: Mutual Funds by Pr0cter: 2:44pm On May 11, 2019
I don't understand stanbic ibtc.. I'm in serious need of cash now and stranded. I withdrawl from my mutual fund account yesterday morning and till date I haven't received any money in my bank account.

Stanbic ibtc debited my mutual fund account yesterday and till date I haven't received any alert.
Re: Mutual Funds by ndidigood(f): 3:20pm On May 11, 2019
Pr0cter:
I don't understand stanbic ibtc.. I'm in serious need of cash now and stranded. I withdrawl from my mutual fund account yesterday morning and till date I haven't received any money in my bank account.

Stanbic ibtc debited my mutual fund account yesterday and till date I haven't received any alert.
not awz responsive on Fridays
If l subscribe or withdraw nothing will happen
So l do nothing on Fridays.
Re: Mutual Funds by Pr0cter: 3:25pm On May 11, 2019
ndidigood:
not awz responsive on Fridays
If l subscribe or withdraw nothing will happen
So l do nothing on Fridays.

But I've been debited in my mutual fund account which means no accrued interest for the weekend for the debited amount.
Re: Mutual Funds by Pr0cter: 3:27pm On May 11, 2019
ndidigood:
not awz responsive on Fridays
If l subscribe or withdraw nothing will happen
So l do nothing on Fridays.

They even sent me a mail and text message yesterday that they are processing my redemption request but till date no credit alert in my bank account when they have debited me from my mutual fund account.
Re: Mutual Funds by Apitch(m): 3:32pm On May 11, 2019
Pr0cter:


They even sent me a mail and text message yesterday that they are processing my redemption request but till date no credit alert in my bank account when they have debited me from my mutual fund account.
Check your account balance, sometimes text don't come
Re: Mutual Funds by Fish4wealth: 4:05pm On May 11, 2019
Wow....OP....you've really done a great job i must confess. In my quest on which investment is really worth it. I got involved in few but i would not want to mention for legal reasons.

However, in the last eight years, I've been experimenting on how best investors can invest and still gets returns for their investment, at most per annum with a likely quarterly or mid year return on investment plan.

Today, I'm bold to say, the sacrifice has worth it.
First, i wouldn't mind having a business discussion with OP...
Second, I'm inviting interested potential investors to join me on whatsapp next saturday as i will be sharing with us about our investment portfolio.

Interested, send, "agro investor" to 081-537-01613 to receive the link.
Re: Mutual Funds by 234ng44uk(m): 4:20pm On May 11, 2019
Pr0cter:


But I've been debited in my mutual fund account which means no accrued interest for the weekend for the debited amount.
From experience, redemption could take up to 48hours from when your redemption is activated. Check the letter you received. So, you should get your money on Monday (24hrs from Friday), latest on Tuesday.
Re: Mutual Funds by Pr0cter: 5:06pm On May 11, 2019
Apitch:

Check your account balance, sometimes text don't come

I've checked my account balance. It's not been sent yet
Re: Mutual Funds by Pr0cter: 5:07pm On May 11, 2019
234ng44uk:

From experience, redemption could take up to 48hours from when your redemption is activated. Check the letter you received. So, you should get your money on Monday (24hrs from Friday), latest on Tuesday.

Alright. I'll take your words and wait till Monday.
Re: Mutual Funds by Kzdguru: 6:46pm On May 11, 2019
Fish4wealth:
Wow....OP....you've really done a great job i must confess. In my quest on which investment is really worth it. I got involved in few but i would not want to mention for legal reasons.

However, in the last eight years, I've been experimenting on how best investors can invest and still gets returns for their investment, at most per annum with a likely quarterly or mid year return on investment plan.

Today, I'm bold to say, the sacrifice has worth it.
First, i wouldn't mind having a business discussion with OP...
Second, I'm inviting interested potential investors to join me on whatsapp next saturday as i will be sharing with us about our investment portfolio.

Interested, send, "agro investor" to 081-537-01613 to receive the link.

Oshee baddest

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