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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 IyawoToBe(f): 6:41pm On Jan 13, 2020 |
faoogoke:What is their current daily rate? |
Re: Mutual Funds by Ibrahim505(m): 7:16pm On Jan 13, 2020 |
faoogoke:investment now? |
Re: Mutual Funds by Nobody: 7:33pm On Jan 13, 2020 |
IyawoToBe: .
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Re: Mutual Funds by singletech(m): 6:47am On Jan 14, 2020 |
Does it mean this MMF will continue failing like this... I thought it was ember months that was the issue last year, but it keeps failing... Does anyone has explanation to this falling |
Re: Mutual Funds by emmanuelewumi(m): 7:13am On Jan 14, 2020 |
singletech: Money market funds are Invested in Treasury Bills, commercial papers, fixed deposit and other money market instruments, so you should expect a fall in their yields. But some few fund managers now lend money to their clients at 20%, this will help those ones to have a yield of 10% or more 1 Like |
Re: Mutual Funds by civilserva: 7:32am On Jan 14, 2020 |
I use FBNquest, ARM and IBTC. ARM and StanbicIBTC are the best in terms of customer service , account top up and redemption. ARM is the best in terms of yield. I will close FBNQUEST account this month. 4 Likes |
Re: Mutual Funds by singletech(m): 7:33am On Jan 14, 2020 |
emmanuelewumi:Example of the fund managers please |
Re: Mutual Funds by emmanuelewumi(m): 7:45am On Jan 14, 2020 |
Re: Mutual Funds by seyisanya(m): 8:07am On Jan 14, 2020 |
civilserva:I also had some issue with them recently but, truth be told, they are all the same. I'll advise you just concentrate on the other two you stated above, but there is no need to close the account because it might be useful again someday. FBNQuest sill remains one of the best in the business! |
Re: Mutual Funds by alex81(m): 12:24pm On Jan 14, 2020 |
singletech:my MMF is still 13% interest pa |
Re: Mutual Funds by benedictuyi(m): 12:54pm On Jan 14, 2020 |
I did a top-up to my stanbic Ibtc mutual fund, and it reflected twice. I've sent them a mail in which they acknowledged but have failed to reverse the transaction. Now I'm seeing my money rise knowing fully well that when the transaction is reversed, most of the earnings will disappear with it. Very hurtful 2 Likes |
Re: Mutual Funds by ernie4life(m): 12:55pm On Jan 14, 2020 |
alex81: who else doubt this? 10 Likes |
Re: Mutual Funds by faoogoke(m): 12:56pm On Jan 14, 2020 |
civilserva: I want to try out with United Capital first. If they are better than FBNQuest like I am seeing, I will seriously reduce me exposure at FBNQuest. I have always expected FBNQuest to behave like their mother First Bank and I am not surprised. So when FBNQuest got high rating here I began to wonder until I opened an account with them. I want to wait till the end of the quarter to pass my final assessment. |
Re: Mutual Funds by odontoid1: 2:00pm On Jan 14, 2020 |
coolangel54: I hope this is not another form of MMM in disguise. I checked their site out and saw the design like MMM. For instance, you sponsor a farm(more like providing help), you wait for a period of time during which the sponsored farm grows(similar to mavro of MMM growing), then the interest with the capital is paid(just like GHing). After which you recycle or walk away. There is also a referral bonus. I spoke with one of the agents and demanded that I see the farm before I can sponsor but he said because of security reasons, they don't show sponsors the farm. This makes me wonder if they really have a farm somewhere or not. Please does anyone have more information about the Farm Funds Africa and similar platforms? Do they really have farm somewhere? If yes has anyone seen those farms in existence? Kindly enlighten me more. Thank you 3 Likes |
Re: Mutual Funds by benedictuyi(m): 2:22pm On Jan 14, 2020 |
[quote author=odontoid1 post=85789025] I spoke with one of the agents and demanded that I see the farm before I can sponsor but he said because of security reasons, they don't show sponsors the farm. The bolded sounds very fishy as other agritech firms provide farm updates regularly 3 Likes |
Re: Mutual Funds by ernie4life(m): 2:42pm On Jan 14, 2020 |
odontoid1: Could be audio Farm Warren Buffett once said He called this progression the “three I’s.” First come the innovators, who see opportunities that others don’t. Then come the imitators, who copy what the innovators have done. And then come the idiots, whose avarice undoes the very innovations they are trying to use to get rich. Be careful where you put your hard earned money 8 Likes 1 Share |
Re: Mutual Funds by civilserva: 4:44pm On Jan 14, 2020 |
ernie4life: This answers it |
Re: Mutual Funds by singletech(m): 4:58pm On Jan 14, 2020 |
alex81:Hmmm MMF manager is that? |
Re: Mutual Funds by civilserva: 5:02pm On Jan 14, 2020 |
To investors of MMF 1.Rate is low but your money is secured, so do not follow the bandwagon to invest in products where your principal is not even guaranteed. The low rate can still be reversed in the future. 2. Beware of Digital agriculture, their rates are good but you don't even know the characters behind the scheme. Absence of proper regulations ensure the proliferation of many schemes geared towards fleecing the unsuspecting investors. Few could have good intentions and founded on strong business principles, your part is to carryout due diligence. 3. Is stock market for you? Stock is good if only you can thread on the dangerous water of the market. Do not jump into based on the present uprise of the stock prices, the gain can reverse within short time. Trade on stocks with sound knowledge. The entry point price matters alot. For novice in stock trading, enter when the prices are relatively low and buy only stocks with strong fundamental with annual dividend payouts. Do not become cheap meat for Big dogs. 20 Likes |
Re: Mutual Funds by janeyjoys: 7:42pm On Jan 14, 2020 |
Can one get the daily rates for Stanbic ibtc for the numerous funds they run? Nigsrdumb: |
Re: Mutual Funds by iaatmguy(m): 7:59pm On Jan 14, 2020 |
faoogoke:seriously considering this. FBNQUEST is now lagging, with shitty customer care and epileptic profit remittance 1 Like |
Re: Mutual Funds by iaatmguy(m): 8:10pm On Jan 14, 2020 |
who else is noticing that FBNQUEST didn't remit any profit into his/her investing account? i have checked several times today. na wao |
Re: Mutual Funds by olystic: 8:36pm On Jan 14, 2020 |
Everybody check stanbic has started deduction of interest. Let query them. |
Re: Mutual Funds by Nobody: 8:39pm On Jan 14, 2020 |
olystic: |
Re: Mutual Funds by netzro(m): 8:49pm On Jan 14, 2020 |
Please what is this interest on the stanbic app?
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Re: Mutual Funds by skyangel(f): 8:51pm On Jan 14, 2020 |
I just checked mine & everything is intact |
Re: Mutual Funds by benedictuyi(m): 9:33pm On Jan 14, 2020 |
olystic:My account was overfunded initially, but everything is back to normal now 1 Like |
Re: Mutual Funds by iaatmguy(m): 10:25pm On Jan 14, 2020 |
iaatmguy:and the rate keeps coming down. after it took them forever to remit the profit. rate is now 7.5% |
Re: Mutual Funds by folushorex(f): 6:48am On Jan 15, 2020 |
Sterling Assets Mgt. Is another good one, to place ur fund . I HV been investing with them for a while now, I HV no complains,with good rate, entry & exit anytime i.e i top up & collect my funds, with no issues. They are offering good rate even at the moment. You can call my contact person, to ask for more info. 08023654347 1 Like |
Re: Mutual Funds by Damitimo: 8:40am On Jan 15, 2020 |
iaatmguy: Please how do you check the daily interest? |
Re: Mutual Funds by faoogoke(m): 8:40am On Jan 15, 2020 |
I really don't understand FBNQuest at all. They did not credit me with accrued interest for about two days and when they did, I checked about an hour later, the amount had reduced. How do one explain this? |
Re: Mutual Funds by qizick: 10:04am On Jan 15, 2020 |
Please is this how u get ur interest in stanbic? I don't get mine daily
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