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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 emmasoft(m): 2:12pm On Aug 16, 2019 |
Moses247:You think so? or you are just lucky. I have done IBTC severally it's sometimes less than 8hrs. Alert enters before COB same day. 4 Likes |
Re: Mutual Funds by freeman67: 4:57pm On Aug 16, 2019 |
Moses247: Everybody that is into MMF would have his or her owner personal experience. I have only used 2 firms Stanbic seem to very OK with redemption too. I have liquidated form the comfort of my house around 8:00am in the morning & got it around 3:00pm before. 1 Like |
Re: Mutual Funds by RealityShot: 5:15pm On Aug 16, 2019 |
freeman67:ibtc is very easy and ok.. .. i do not know why people comparing them to copycat firms . .. i withdrew wednesday morning..got alert at my first bank a/c by 6pm same day... Despite the supposed backlog. am very happy at ibtc mmf. |
Re: Mutual Funds by Nobody: 12:09am On Aug 17, 2019 |
Bbbwings: I don't understand... What's the source? Thanks,I have used them before o.. thanks |
Re: Mutual Funds by igbizen(m): 5:33pm On Aug 17, 2019 |
qizick:Maybe you have not activated it. If this is your first time of redeeming, I suggest you go to the bank to activate your secret question. It happened to me. |
Re: Mutual Funds by freeman67: 9:30pm On Aug 17, 2019 |
RealityShot: Na so ooo my brother. 1 Like |
Re: Mutual Funds by kaze4blues(m): 5:28am On Aug 19, 2019 |
What is the penalty for redeeming funds from stanbic mutual funds before the maturity period? |
Re: Mutual Funds by Yem0350: 6:20am On Aug 19, 2019 |
kaze4blues:There is nothing like maturity period in MMF. What we have is minimum holding period. |
Re: Mutual Funds by Fkforyou(m): 11:33am On Aug 19, 2019 |
Hello, please for those of us using Stanbic IBTC I noticed there has not been growth in my investment since last week thursday, am I alone in this? And how can this be rectified? |
Re: Mutual Funds by emmasoft(m): 2:25pm On Aug 19, 2019 |
GrAnDwEeZ:I have said it on this thread before. Stop equating stanbic IBTC bank and IBTC Asset Mgt. They are only in the same group operation wise and priorities differ. If you want to do MMF go direct to IBTC Asset Mgt. Though they could help in the Bank to link you up but it's not a priority. So don't expect the same service. It's like you go to IBTC Asset Mgt asking them to open a savings acct for you. They will just assist but you can get the same service as in when you go to the right place. Be well guided. 5 Likes |
Re: Mutual Funds by kaze4blues(m): 2:47pm On Aug 19, 2019 |
Yem0350: What is the penalty for redeeming funds before the minimum holding period |
Re: Mutual Funds by Yem0350: 2:58pm On Aug 19, 2019 |
kaze4blues:If it is for MMF, most of them are only for the first 30days. Some charge 20% only on the accrued interest. So, it varies |
Re: Mutual Funds by igbizen(m): 4:47pm On Aug 19, 2019 |
If I opened MMF account on the 03-08-2018 and made my first withdrawal by 03-06-2019 (with a little balance left). Then I add 200k on the 01-07-2019 to the balance left. Then on the 15-07-2019 I decide to redeem that 200k, will I be penalized? |
Re: Mutual Funds by nna777: 7:29pm On Aug 19, 2019 |
igbizen: Apart from Axamansard, As surely as the sun rises in the morning and the moon at night, you shall surely be pencilized 1 Like |
Re: Mutual Funds by Damilola72(f): 7:23am On Aug 20, 2019 |
I made a redemption request on the 18th August at 12pm,got the acknowledgement receipt in my mail...but the deduction hasn't been done from my account,I haven't receive the alert in my beneficiary account sef....today is 20th August...do I make another redemption request? Stanbic MMF |
Re: Mutual Funds by Yem0350: 4:25pm On Aug 20, 2019 |
igbizen:You can't be penalized. I am sure of FBNQUEST, Axa mansard, Stanbic |
Re: Mutual Funds by Yem0350: 4:26pm On Aug 20, 2019 |
Damilola72:No Rather, call them tomorrow if you don't get it today |
Re: Mutual Funds by singletech(m): 8:36am On Aug 21, 2019 |
Guys from your experience, if I make withdrawal(online) on Thursday early morning from stanbic mutual fund, Will I be credited before 12pm on Friday? |
Re: Mutual Funds by emmasoft(m): 12:31pm On Aug 21, 2019 |
singletech:You can get credited on (Thursday) same day all things being equal. |
Re: Mutual Funds by Nobody: 8:45pm On Aug 21, 2019 |
Axas website has been erratic since the upgrade You log in and click investments, rather than display the portfolio summary, it logs out. The process has to be repeated numerous times before the PS can be accessed. The rate on display is still that of Monday 19-08-2019. No idea what the rate was for yesterday and today. If the new platform isn't working, they should just rollback to the former and fix snags on this new one. |
Re: Mutual Funds by temi4fash(m): 10:44pm On Aug 21, 2019 |
This MMF rate is just refusing to go up.. FBN just posted 11.15 for today... God help us |
Re: Mutual Funds by amjustme2: 6:50am On Aug 22, 2019 |
It is happening!!! temi4fash: |
Re: Mutual Funds by necheremIFY: 7:01am On Aug 22, 2019 |
amjustme2:first bank doesn't offer better rate when it comes to tb and mmmf. Stanbic ibtc is better any time but indirectly reduce it through high charges |
Re: Mutual Funds by enque(f): 8:08am On Aug 22, 2019 |
necheremIFY: Dt 1st bank just de 1 kain sha |
Re: Mutual Funds by singletech(m): 9:31am On Aug 22, 2019 |
Has anyone received his/her interest today? What am seeing yesterday is still the figure ooo, anyone? |
Re: Mutual Funds by temi4fash(m): 11:54am On Aug 22, 2019 |
enque: As in eh. They scatter my heart... Just looking for other ways to invest my money. |
Re: Mutual Funds by temi4fash(m): 11:54am On Aug 22, 2019 |
amjustme2: Whats happening?? |
Re: Mutual Funds by igbizen(m): 12:34pm On Aug 22, 2019 |
Something strange is happening in the market. I suspect investors are moving to euro market including our banks. There is this rumor about global recession. Especially with the USA/China trade wars and Brexit. |
Re: Mutual Funds by olujaidi: 1:52pm On Aug 22, 2019 |
necheremIFY: The two best banks for the secondary market to the best of my knowledge are FBN and Stanbic. |
Re: Mutual Funds by tolajay: 2:30pm On Aug 22, 2019 |
What is the average interest on a N1.5m Investment in MMF over 15 years? This is of interest in comparison to a leasing/rental portfolio a friend shared with me recently. |
Re: Mutual Funds by temi4fash(m): 3:18pm On Aug 22, 2019 |
tolajay: Can you explain abit more? |
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