seyisanya:


This is very true! My investment reduced by few thousands after the End of year interest accrued payment. I hardly check my account regularly until recently when I funded my account, and the amount did not reflect in my account, so I began some regular monitoring after it was rectified. I still haven't received any response to my email, or is it a sort of yearly account maintenance fee? This is strange...oga emmasoft, over to you sir. Something is not adding up!

I noticed the same thing too. I was wondering if I was the only one who experienced it.

Hello all,
Please what could be wrong here
I made a subscription of a NGN100,000 to my mutual fund account since Sunday via bank App transfer since Sunday .Till this moment but is yet to reflect in my account.

I have sent mails to them severally with no reply which is unlike them.
Who can recommend a solution for me please?

Lukapo:
please which MMF brand is best to invest with

From my little experience, ARM appears to be the best MMF managers for now.


Note: I don't work with ARM neither do I have their share. I am only comparing the investment I have with them to the one I have with another MMF(name withheld).

Which fund manager are you using?

Bsideboi:
Hello all,
Please what could be wrong here
I made a subscription of a NGN100,000 to my mutual fund account since Sunday via bank App transfer since Sunday .Till this moment but is yet to reflect in my account.

I have sent mails to them severally with no reply which is unlike them.
Who can recommend a solution for me please?

whats the Steps i can take to close/Withdraw all my Money from Stanbic MMF

Any Help will be greatly Appreciated

Thanks

Someone in the house please help me with the account number of United Capital Money Market Fund.

I want to make payment there shortly.

Thank you

This is 2020. Help a brother to meet target. Check my signature for the link and contact

coolangel54:
Which fund manager are you using?

Stanbic ibtc mutual fund

abraolas1:
whats the Steps i can take to close/Withdraw all my Money from Stanbic MMF

Any Help will be greatly Appreciated

Thanks

If you want to withdraw all your money, when filling out the amount for withdrawal make sure it is to the last kobo eg N358,543.85

abraolas1:
whats the Steps i can take to close/Withdraw all my Money from Stanbic MMF

Any Help will be greatly Appreciated

Thanks

Firstly, is your app set up for online redemption? If yes then,

If your money is below 1 Million Naira just press the menu option, redeem, enter the amount you wish to redeem, answer your secret question and wait to hear from them.

Also, If your money is more but below 2.5 Million Naira you will have to increase your maximum redeemable amount. The highest is 2.5 per day.

However, If your money is more or you did not set up your app for online redemption then you will have to go to their nearest office to you to redeem. Since it's all your funds you intend redeem you will have to write the exact amount you have there at the time of redemption.

odontoid1:




From my little experience, ARM appears to be the best MMF managers for now.


Note: I don't work with ARM neither do I have their share. I am only comparing the investment I have with them to the one I have with another MMF(name withheld).

Thank u my oga... It has been an easy smooth sail using arm mmf since I started with them about 6 months now...

seun289:

Thank u my oga... It has been an easy smooth sail using arm mmf since I started with them about 6 months now...

Pls, how can I invest with arm mmf? What's their website?

Hello house,
I joined this train via ARM MMF for about 2weeks now.
I wish to top up my account. Can someone with ARM please put me through the various channels and possibly suggest the easiest route?
Online transfer account details will be appreciated.
Thanks

Cheffy911:
Hello house,
I joined this train via ARM MMF for about 2weeks now.
I wish to top up my account. Can someone with ARM please put me through the various channels and possibly suggest the easiest route?
Online transfer account details will be appreciated.
Thanks

Pls, how can I register with arm mmf?

fungirl89:

Pls, how can I register with arm mmf?

You can register through any of the following ways:

1. You can go to any of their offices nearest to you and fill the forms so they can open account for you. or

2. Visit their website (https://arminvestmentcenter.com/MutualFunds/Details/1003) and fill their contact form so that one of their agents can contact you and you take it up from there. Or

3. You can get a direct contact of any of their agents from those who already have investment with them

whalexy07:






I hope you have received ur E account number by now?

Nothing yet till now

fbnquest's rate for yesterday is 7.9%, very discouraging

iaatmguy:
fbnquest's rate for yesterday is 7.9%, very discouraging

..........MMF is getting hit gradually

Apologies but is ARM a custodian of a bank or stands separate?

The appraisal on it has been too positive and I have funds with both AXA and Stanbic MMF which I might liquidate

C505:
Apologies but is ARM a custodian of a bank or stands separate?

The appraisal on it has been too positive and I have funds with both AXA and Stanbic MMF which I might liquidate

They are not a custodian, they are just a fund manager same as AXA, stanbic, investment-one, afrinvest, FBNquest etc

[quote author=whalexy07 post=85452545][/quote]

Kindly share it with me. Thanks

yungryce:


Nothing yet till now

Check my signature ,chat me up let me assist you on that. I can open the account for u within 12 / 24hrs.

fungirl89:

Pls, how can I invest with arm mmf? What's their website?

www.arminvestmentcenter.com
U can reach one of their rep on 08104184454-gbenga and he would be glad to put you through

Cheffy911:
Hello house,
I joined this train via ARM MMF for about 2weeks now.
I wish to top up my account. Can someone with ARM please put me through the various channels and possibly suggest the easiest route?
Online transfer account details will be appreciated.
Thanks

Well, u can fill the transfer form @ gtb but also indicate your membership number on the form and transfer to their arm mmf gtb account 0124516495... Some banks accept transfer payments for arm pension ONLY and not arm mmf so please verify so as to avoid stories.... U can also visit their website and speak with one of their reps

emmasoft:


Though I don't work with them but I needed to be of assistance to my people here. I found out that they made a mistake with the accrued interest. so in order to balance up. they have to withdraw the excess from clients account by way of redeeming the required units. If you noticed the accrued interest was invested then on the 6th there was redemption of some units. It was a mistake. I queried the person I spoke to that they should have explained to their customers. She apologized. That is how far I went with FBNQuest.. I hope this help.

I think you are right about some mistakes made by them, on 1st Jan, i received from fbn quest some amount short my accrued interest ,I emailed them about my missing interest, no reply yet,then on d 7th Jan, received the exact accrued interest I was originally expecting, making it a double payment received from them, this is kinda confusing but I'm watching how things unfold.

emmasoft:


Though I don't work with them but I needed to be of assistance to my people here. I found out that they made a mistake with the accrued interest. so in order to balance up. they have to withdraw the excess from clients account by way of redeeming the required units. If you noticed the accrued interest was invested then on the 6th there was redemption of some units. It was a mistake. I queried the person I spoke to that they should have explained to their customers. She apologized. That is how far I went with FBNQuest.. I hope this help.

Thanks, sir. Very helpful!

seyisanya:
Thanks, sir. Very helpful!

They are making adjustments to the overpayments made at a certain weekend in December last year. If you monitor ur account u would have noticed. It is that amount they are taking out in form of redemption

emmasoft:


Though I don't work with them but I needed to be of assistance to my people here. I found out that they made a mistake with the accrued interest. so in order to balance up. they have to withdraw the excess from clients account by way of redeeming the required units. If you noticed the accrued interest was invested then on the 6th there was redemption of some units. It was a mistake. I queried the person I spoke to that they should have explained to their customers. She apologized. That is how far I went with FBNQuest.. I hope this help.

Your submission is rather strange. How could they make mistake with regards payment of interest. I thought the whole process is automated. If it is automated then its garbage in garbage out. These applications don't make mistake. I stand to be corrected though and of course this is Nigeria.

Between Stanbic and fbnquest which is the best to invest in...thank u

seun289:

www.arminvestmentcenter.com
U can reach one of their rep on 08104184454-gbenga and he would be glad to put you through

Thank you

faoogoke:


Your submission is rather strange. How could they make mistake with regards payment of interest. I thought the whole process is automated. If it is automated then its garbage in garbage out. These applications don't make mistake. I stand to be corrected though and of course this is Nigeria.

Sir, it's not strange it happens once in a while even in an automated system. Mind you all systems has human input but the good apart about automation is that human errors can be detected and corrected which is what just occurred with FBNQuest. That not withstanding I am not excusing their lapses. Just speaking generally.

faoogoke:


Your submission is rather strange. How could they make mistake with regards payment of interest. I thought the whole process is automated. If it is automated then its garbage in garbage out. These applications don't make mistake. I stand to be corrected though and of course this is Nigeria.

I share your view my brother. How can they claim there was a mistake? It raises a lot of concerns. What if they subsequently say that most of the accrued interest was a mistake? I did not want to comment more on this further but at least I have seen one person that thinks outside the box who will not just accept whatever they want us to believe.

If, they really think it's a mistake, let them come clean by telling us what and how they calculate/calculated it.