ukay2:


CBN will soon become clueless

unite4real:


It's actually true.

kristien4:
@all.. please I need a info about stanbic mmf, .. how does it work, what are the rates and tenor... and how do I invest and go about it.

zamirikpo:


Bia, bia......am just seeing this , what kind of stupid policy is this. I trade US stocks and money is being transferred to my dorm account whenever I need to withdraw proceeds, so now I must use the money online.

I am going to sue the cbn for this irresponsible policy. My hard earned money cannot be withdrawn physically!! WHY.

to what effect.

Dsticks47:


Why Not go for ABACUS MMF WITH INVESTMENT ONE.

Abacus Money Market Fund is an open ended unit trust scheme particularly suited for retail, HNI and Institutional clients seeking for preservation of capital and short term returns.
The Abacus Money Market Fund was authorised and registered by the Securities and Exchange Commission (“SEC”) on 28th November 1990 as Abacus Unit Trust Scheme. Investment One Funds Management Limited was later appointed by the Trustee and approved by SEC in 2014 to act as Fund Manager to the fund.

Fund Fact

Minimum Subscription:N1,000
Fund Manager: Investment One Funds Management Limited (A subsidiary of Investment One Financial Services Limited)
Fund Trustees: United Capital Trustees
Fund Custodian/Bank: Stanbic IBTC
Fund Registrars: First Registrars & Investor Services Limited
Suitable Investment for: Retail Investors, High Net-Worth Individuals and Institutions


Features

Minimum investment of N1,000
Abacus Money Market Fund is an open-ended Investment Scheme with competitive returns
A diversified portfolio with investments in quality money market instruments, short term debt securities, such as banker’s acceptances, Commercial papers, treasury bills and others


Benefits

Capital preservation and competitive returns
Easy subscription and redemption process
Opportunity to capitalise earnings whilst guaranteeing your principal
Offers opportunity for good returns compared to savings accounts while maintaining a low risk/conservative approach to investment
Professional expertise of the Fund Manager

Rate as at yesterday - 6.33%


Required Documents:
Completed subscription form
Valid means of identification (Driver’s license, National ID Card or International Passport)
Utility Bill (PHCN Bill, LAWMA etc must be 3 month old or less)
Passport Photographs

For more info check my signature.

kristien4:
What are the tenors??

Dsticks47:

Interest is Paid quarterly.
You have access to your fund after 30 days.

kristien4:
meaning if I decide to liquidate after 30days I wont be getting any interest??

unite4real:


CBN is already going bunkers bereft of ideas. I wonder where this will lead. All in the name of defending the naira

zamirikpo:


Bia, bia......am just seeing this , what kind of stupid policy is this. I trade US stocks and money is being transferred to my dorm account whenever I need to withdraw proceeds, so now I must use the money online.

I am going to sue the cbn for this irresponsible policy. My hard earned money cannot be withdrawn physically!! WHY.

to what effect.

Wanity:
Please can someone shad more light about this FGN savings bond do one really need a broker to invest in bond the more I search on Google the more I get confused with the whole thing

Dsticks47:


Why Not go for ABACUS MMF WITH INVESTMENT ONE.

Abacus Money Market Fund is an open ended unit trust scheme particularly suited for retail, HNI and Institutional clients seeking for preservation of capital and short term returns.
The Abacus Money Market Fund was authorised and registered by the Securities and Exchange Commission (“SEC”) on 28th November 1990 as Abacus Unit Trust Scheme. Investment One Funds Management Limited was later appointed by the Trustee and approved by SEC in 2014 to act as Fund Manager to the fund.

Fund Fact

Minimum Subscription:N1,000
Fund Manager: Investment One Funds Management Limited (A subsidiary of Investment One Financial Services Limited)
Fund Trustees: United Capital Trustees
Fund Custodian/Bank: Stanbic IBTC
Fund Registrars: First Registrars & Investor Services Limited
Suitable Investment for: Retail Investors, High Net-Worth Individuals and Institutions


Features

Minimum investment of N1,000
Abacus Money Market Fund is an open-ended Investment Scheme with competitive returns
A diversified portfolio with investments in quality money market instruments, short term debt securities, such as banker’s acceptances, Commercial papers, treasury bills and others


Benefits

Capital preservation and competitive returns
Easy subscription and redemption process
Opportunity to capitalise earnings whilst guaranteeing your principal
Offers opportunity for good returns compared to savings accounts while maintaining a low risk/conservative approach to investment
Professional expertise of the Fund Manager

Rate as at yesterday - 6.33%


Required Documents:
Completed subscription form
Valid means of identification (Driver’s license, National ID Card or International Passport)
Utility Bill (PHCN Bill, LAWMA etc must be 3 month old or less)
Passport Photographs

For more info check my signature.

wura2u:


Abacus that chop my money since 90''s when they first opened shop?

kristien4:
Lol... I love this thread.

Akin3891:
It seems stanbic 364 days went through, around 5.8%. Got debited already. Gosh it sucks.

wura2u:


They introduced one useless Abacus Unit Trust and I bought some units way back but I did not get even a kobo from them.

Akin3891:
It seems stanbic 364 days went through, around 5.8%. Got debited already. Gosh it sucks.

DonFreshmoney:


What time today were you debited?

chigo4u:

Please how do you trade US stocks. I don’t think this policy affects electronic transfers. I think it only has to do with cash deposits

zamirikpo:


My dear it's a process, takes a long time to master. I started in 2017 And I can't boast of 60% accuracy. But 40% accuracy is more than enough.

chigo4u:

I’m interested. Do you trade via an app? Anyway to learn it?

IamR:

5.8% is not bad, though it sucks! I just hope zenith can give up to 5% tomorrow.

DonFreshmoney:


So are you saying zenith bank debits on Thursdays?. Cos am expecting but my account hasn't been debited yet

Dsticks47:


Investment one took over ABACUS MMF from 2014 and if u had any issue with d former fund managers u can get to any of investment one offices to put record straight. Investment one is a reputable sec regulated financial institution of high repute. There is no investor that invest in AMMF that lose his or her investment. The records are there. Pls don't misslead prospective investors.
If you stay around Lagos you can come to the Maryland office.
And please Backup your claim with Facts because it does not hold water.
Thank you

wura2u:


I am not misleading prospective investors but they should open their eyes so that they don't fall into the same pit I fell in 1990.

wura2u:


I am not misleading prospective investors but they should open their eyes so that they don't fall into the same pit I fell in 1990.

wura2u:


Luckily I stumbled on the worthless certificate they gave me dated 28th November,1990 with certificate No.5615 and account number 001U00005615V. I don't reside in Lagos so I won't come to your office. With the information I have provided, you can check your records and pay me all the accumulated interests and principal, taking cognisance of inflation accruable since since 1990.