Mutual Funds - Investment (227) - Nairaland
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| Re: Mutual Funds by coolangel54(f): 1:58pm On Feb 24, 2020 |
 seyisanya: |
| Re: Mutual Funds by Franky826: 8:03pm On Feb 24, 2020 |
Money no dey grow for tree ooo. If you don't take cognizance of the small ones how can you notice the big ones? People that are supposed to be helping my ministry wants to bring it down.  By the way do you know what ₦4.05 did for my father in 1978? cc seyisanya cc coolangel54
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| Re: Mutual Funds by Nobody: 8:52pm On Feb 24, 2020 |
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| Re: Mutual Funds by Nobody: 9:37pm On Feb 24, 2020 |
Franky826: No need hiding the current investment value, we already know its between 2-3m  2 Likes |
| Re: Mutual Funds by Franky826: 10:51am On Feb 25, 2020 |
rationalmind:
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| Re: Mutual Funds by emmasoft(m): 11:47am On Feb 25, 2020 |
Investment is more of Marathon than a Sprint. It's more of average velocity not constant velocity or speed. Learn the rules before embarking on it. On the long run you will be a winner if you abide and play by the rules and use the right strategy |
| Re: Mutual Funds by kristien4(m): 8:28pm On Feb 25, 2020 |
Pls what's the current rate on stanbic mmf? Does mmf have 30days tenor?? |
| Re: Mutual Funds by abraolas1: 5:16pm On Feb 26, 2020 |
Update from Stanbic 1 Share
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| Re: Mutual Funds by singletech(m): 9:26pm On Feb 26, 2020 |
abraolas1:Hmmm |
| Re: Mutual Funds by TheOvercomer(m): 12:34am On Feb 27, 2020 |
singletech: Alright, what is the way forward? Any guaranteed and less risky investment that can give more than 25 per cent per annum? |
| Re: Mutual Funds by saxy4c(m): 2:26am On Feb 27, 2020 |
Well you can get an average of 5% monthly trading Currencies and commodity with minimal risks involved. TheOvercomer: |
| Re: Mutual Funds by lizshow: 12:29pm On Feb 27, 2020 |
Rosabon Treasury Note (RTN) is just for you ,Experience the seamless and convenient way to grow your funds.The RTN is the ultimate investment plan that guarantees premium interest rates on your funds. With this plan, you enjoy highly competitive rates and an exciting opportunity to negotiate your interest rate on all funds above N1,000,000. Rosabon is over 27 years of experience in the financial investment market Over 61% of our clients have been long standing client Were licensed and regulated by the CBN. Multiple award-winning Financial services and Management company Our office is at 32 montgomery road sabo yaba Lagos For inquiry please call Treasury officer Elizabeth Awoniyi on 0 9 0 5 3 6 0 7 9 8 7/ 0 8 1 6 3 1 5 1 0 5 5 e.awoniyi@rosabon-finance.net |
| Re: Mutual Funds by pimpo: 4:08pm On Feb 28, 2020 |
emmasoft: Please can you explain how VGIF works? It appears not be like a money market fund in terms of accrual of daily yield. The daily price list available on investment one's website states that yield has been around 10% but an investment of 5mil has brought just 5k after a month. Kindly enlighten me. Thanks. 1 Like |
| Re: Mutual Funds by emmasoft(m): 5:57pm On Feb 28, 2020 |
pimpo: As earlier stated in some of my posts. VGIF is a mutual fund under the fixed income category Which has yield bench marked with sdf and currently is 8.5%. This is the guaranteed rate. Pls check the facts of the fund once more: Vantage Guaranteed Income Fund FUND Fact Minimum Subscription: N50,000 Additional investment can be made in multiples of N1.00 Fund Objective: To provide capital preservation and a stream of guaranteed income Financial Year End: December Fund Category: Fixed Income Asset Classes: Money Market, Fixed Income and Equities Fund Manager: Investment One Funds Management Limited (A subsidiary of Investment One Financial Services Limited) Fund Trustees: First Trustees Nigeria Limited Fund Custodian: Stanbic IBTC Custodians Fund Registrars: First Registrars & Investor Services Limited Nominees: Stanbic IBTC Nominees Limited Features/Benefits VGIF offers a guaranteed return which is benchmarked against SDF (Standard Deposit Facility) Returns are paid in January and July. The return on investment is not subject to withholding tax. Investors may also earn an additional yield equal to 35% of the net income of the Fund The investment can be used as collateral for loan from banks. If you have 5m the daily rate will be calculated thus: Simple Interest for one year = 5,000000x8.5x1/100. =425,000 One day interest = SI/365 in this case is 425,000/365 = 1,164.38. Please note it may note be posted daily, that doesn’t mean the interest was not earned. In conclusion, kindly send a mail to customer care and copy your account officer requesting for your statement of account for more information. or call 01448 8888, 08181057319 1 Like |
| Re: Mutual Funds by Ijeoma660(f): 6:08pm On Feb 28, 2020 |
Apologies don't know if this is okay here. I intend to finance a former colleagues business. The business is a corporate security firm which is duly registered, has a business office location, other due diligence done. and already operational. Challenge Before cheques are cleared each month, it gets to like 10 to 15th of the following month and the guards are supposed to be paid timely as this is critical to the business success factor. Request The business needs a running/rolling capital for payment of salaries of office staff and guards pending when the cheques are cleared. This is expected to carry on to a time the business is able to survive on its own My proposal Please I need advise on how to go about partnering with the business and have my capital and profit recovered safely. |
| Re: Mutual Funds by Dsticks47(m): 6:17pm On Feb 28, 2020 |
Alternative To TBILLS VANTAGE GUARANTEED INCOME FUND (VGIF) is an open-ended collective investment scheme which pools investment into a wide range of Fixed Income Securities especially very liquid short term money market instruments and government treasuries What are the objectives of the Fund? The fund invests in a well-diversified portfolio of Fixed Income Securities, short term money market instruments and government bonds as well as placements with rated financial institutions in Nigeria as well as equities. The guaranteed return of the fund is referenced to the Central Bank of Nigeria (CBN)’s Standing Deposit Facility (SDF). The SDF is the lower limit of the asymmetric corridor around the MPR There are many advantages of investing in the Fund which include: Flexibility: Subscribers can buy into the fund or redeem either part or their total units in the fund at any time irrespective of the 6-month fixed tenor. Capital Preservation: Principal is secured and interest is guaranteed up to the SDF rate. Regular Income Stream: The fund pays dividend twice yearly (in January and July) Additional Income: In addition to the guaranteed return, unit holders can also earn an additional interest pay-out equivalent to 35% of the fund’s excess return above the benchmark Guaranteed Return (SDF); typically referred to as profit-sharing. Expertise: VGIF is managed professionally by Investment One Funds Management Limited (a subsidiary of Investment One Financial Services Limited). Who are the Trustees of VGIF and what are their functions? FBN Trustees Limited, a subsidiary of First Bank of Nigeria Holding Plc. is the trustee to the Fund. The Trustee’s duties include ensuring that the Fund manager carries out its duties in line with the Trust Deed and rules and regulations of SEC thereby protecting the interest of the unit holders. What is the minimum amount that can be invested in VGIF? The minimum initial amount is Fifty Thousand Naira Only (N50,000.00). Do I get an evidence of investment? Each subscriber is issued a Fund Statement for every investment made. The Certificate or Fund Statement is required upon redemption of investment; it serves as an evidence of your investment in the Fund. The Certificate/Fund Statement will be sent via mail to the investor or can be picked up at any of our offices. How do I monitor my investment? Investor can view their account online or contact the Fund Manager on any working day to request for his/her statement which shows the total number of units and the interest earned so far on the investment. Does the VGIF pay dividends? VGIF pays dividend to its investors twice yearly (January & July). Unit holders have the option of being paid or re-investing the dividend in the fund to increase their holding. ROI- 8.5. For further clarification or additional information relating to VANTAGE GUARANTEED INCOME FUND (VGIF), Contact me through my signature.
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| Re: Mutual Funds by Care4: 10:23am On Mar 02, 2020 |
rationalmind: Deducing from the returns.  2 Likes |
| Re: Mutual Funds by Care4: 10:25am On Mar 02, 2020 |
emmasoft: If one has a Stockbroking account with IOFS, can she use it to subscribe to the fund? |
| Re: Mutual Funds by Care4: 10:26am On Mar 02, 2020 |
saxy4c: Commodity trading on which platform, please? |
| Re: Mutual Funds by Dsticks47(m): 12:39pm On Mar 02, 2020 |
Care4: No. You have to open a fresh account for VGIF. |
| Re: Mutual Funds by Phranky1: 7:11pm On Mar 02, 2020 |
Hello Emma, Based on your experience, can you conclude that for the investment VGIF package, especially in the recent years gone that investors have benefited from the excess of 35% additional yield? when was the last time an additional excess yield was distributed to investors? Reason for wanting to know this, is because i am either looking at Alat by wema which offers 10% on annual savings or to enroll with Investmentone VGIF which offers 8.5% + addtional yield that may be distributed? Your advise, would be appreciated. emmasoft: 1 Like |
| Re: Mutual Funds by saxy4c(m): 7:43pm On Mar 02, 2020 |
There are numerous brokers that offer such service in almost all countries world wide. Check out this thread. https://www.nairaland.com/5608088/forex-trade-alerts-season-20/174#87107271 Care4: |
| Re: Mutual Funds by emmasoft(m): 7:54pm On Mar 02, 2020 |
Phranky1: 1 Like 1 Share |
| Re: Mutual Funds by Phranky1: 8:42pm On Mar 02, 2020 |
Thanks for your response Emma, Please can you give me a % value that was distributed last, trying to maximize my choice while applying capital preservation. Thanks you! [quote author=emmasoft post=87115363][/quote] |
| Re: Mutual Funds by emmasoft(m): 10:11pm On Mar 02, 2020 |
Phranky1: |
| Re: Mutual Funds by jossy26: 10:29am On Mar 03, 2020 |
pimpo: Can someone explain more of this cos even at 8.5% interest rates as advertised monthly returns should not be less than 34k on 5m investment. I just opened an account with investment one VIGF and about to fund the account but I have to pause till I get some clarification |
| Re: Mutual Funds by Dsticks47(m): 10:50am On Mar 03, 2020 |
jossy26: Am sure that issue have been addressed. VGIF ROI is 8.5% Benchmarked against SDF. Go ahead and fund it as we are regulated by SEC we don’t offer what we won’t be able to give. And also Over the years investors get more than the 8.5%. VGIF is an actively managed investment product that invests in and combines the benefits of money market and capital market, affording subscribers a diversified hedge against inflation risk whilst ensuring minimum guaranteed income as well as the principal invested, the fund is the first of its kind in the Nigerian financial services market. VGIF’s guaranteed return is referenced to the Central Bank of Nigeria’s (CBN) Standard Deposit Facility(SDF). The VGIF rate is however, ONLY changed twice a year that is, January and July. Currently, the VGIF pays subscribers a minimum guaranteed return of 8.5% per annum In addition to minimum guaranteed return, unit holders are also entitled to an additional income of the fund’s excess return above the SDF. Go ahead with the payment you can call your account officer. For those staying within Lagos am at The Maryland office. For those that wants to subscribe to The VGIF. Contact me through my Sig. |
| Re: Mutual Funds by emmasoft(m): 5:12pm On Mar 03, 2020 |
jossy26: "If you have 5m the daily rate will be calculated thus: Simple Interest for one year = 5,000000x8.5x1/100. =425,000 One day interest = SI/365 in this case is 425,000/365 = 1,164.38. Please note it may note be posted daily, that doesn’t mean the interest was not earned." The statement above is part of the explanation made earlier on this page. You can scroll up to see more. Your monthly interest is around that 34k. as you mentioned. 1 Like |
| Re: Mutual Funds by amosfunmi(m): 8:22pm On Mar 03, 2020 |
Good evening all, can someone please help me with the GTB ussd code to top up my investment one Abacus acct. Thank you |
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