use piggybank

8% per annum

benedictuyi:

The Fund invests a minimum of 70% of its portfolio in bonds, a maximum of 5% in equities and a maximum of 30% in high quality money market instruments

I see.. Is it the funds safe and can it be withdrawn anytime and what's the profit %?

LimeLyte:
I see.. Is it the funds safe and can it be withdrawn anytime and what's the profit %?

Yes, funds are safe. There's however a holding period of 3 months. No idea about the current profit.

https://www.stanbicibtcassetmanagement.com/nigeriaassetmanagement/individual-investor/products-and-services/mutual-funds/fixed-income-funds/Stanbic-IBTC-Guaranteed-Investment-Fund

benedictuyi:

Yes, funds are safe. There's however a holding period of 3 months. No idea about the current profit.

https://www.stanbicibtcassetmanagement.com/nigeriaassetmanagement/individual-investor/products-and-services/mutual-funds/fixed-income-funds/Stanbic-IBTC-Guaranteed-Investment-Fund

ok.. Thanks so much.. I'm grateful..

LimeLyte:
ok.. Thanks so much.. I'm grateful..

You welcome

shalomblue:


The interest is not guaranteed. Most investors lost around 5 percent YTD.
It is euro bond fund and not the regular euro bond and they have made losses in the last 2 quarters.

For the High Yield Dollar Note the interest is guaranteed.
For more info on the HYDN kindly check the image below.

Dear Valued Client,

We’re excited to announce that we have launched a new and improved Investment Portal to help you manage your investment portfolio.

In the past months, we have been working tirelessly behind the scenes to improve our services and we believe our new investment portal, EasyInvest; will help improve your experience managing your investments with us.

What's new?

• A new and improved look
• Easy Login with either Email or Customer Number
• All your investments at a glance
• Direct Subscription to funds and more!

Log on to https://easyinvest.investment-one.comto check out the new look.

We look forward to serving you better.

Best Regards

Is there anyone else having this problem? Last month I tried to top up my Stanbic mutual fund but the money kept bouncing back after two days, I tried it three times and it was the same problem.
Two days ago I tried to top up again and I just received my money back this evening.

Darkseid:
Is there anyone else having this problem? Last month I tried to top up my Stanbic mutual fund but the money kept bouncing back after two days, I tried it three times and it was the same problem.
Two days ago I tried to top up again and I just received my money back this evening.

Make sure your E-account number is correct

benedictuyi:

Make sure your E-account number is correct

The account number is correct, it's the same one that I've been using since last year.

Darkseid:
Is there anyone else having this problem? Last month I tried to top up my Stanbic mutual fund but the money kept bouncing back after two days, I tried it three times and it was the same problem.
Two days ago I tried to top up again and I just received my money back this evening.

May i know what means you have been using for the attempted top up?

Darkseid:
Is there anyone else having this problem? Last month I tried to top up my Stanbic mutual fund but the money kept bouncing back after two days, I tried it three times and it was the same problem.
Two days ago I tried to top up again and I just received my money back this evening.

It happened to me last week. The money was deducted (from a GTB account) initially but was reversed after some minutes. I tried the day after and it was finally successful.

Please between FBNquest and investmentone which one is better in terms of customer service, interest rate etc. I want to open one of the above because I no longer understand Stabicibtc fund managers. I know treasury bill rate is almost none existence but how can they keep crediting my account with less and less interest no matter how much I top up? The daily interest is approximately 1.7% Please has anyone else noticed this?

Rose99:
Please between FBNquest and investmentone which one is better in terms of customer service, interest rate etc. I want to open one of the above because I no longer understand Stabicibtc fund managers. I know treasury bill rate is almost none existence but how can they keep crediting my account with less and less interest no matter how much I top up? The daily interest is approximately 1.7% Please has anyone else noticed this?

Most of the time there is no visible between in interest because their MMF rates especially is determined by Treasury bill. Treasury is now below 1.00%. In the alternative you can move your money to equity fund. That's where I think will returns will be fair now but with that; you will need to be constantly on guard as even the capital is not guaranteed when it starts it's downward movement.

Darkseid:
Is there anyone else having this problem? Last month I tried to top up my Stanbic mutual fund but the money kept bouncing back after two days, I tried it three times and it was the same problem.
Two days ago I tried to top up again and I just received my money back this evening.

The easiest way of toping up with them is to do a direct transfer to the fund bank account (e.g Account Name: StanbicIBTC/ First Trustees Guaranteed Investment Fund - Bank: Stanbic IBTC- Account Number: 9202475343). Then in the Narration/ Payment details/Reason for payment space, you indicate your own mutual fund account number and name. I have done this twice this week and my account was credited without hassle.

drotba:



May i know what means you have been using for the attempted top up?

I used direct bank transfer from my Access bank account with my account number as statement.

freeman67:


The easiest way of toping up with them is to do a direct transfer to the fund bank account (e.g Account Name: StanbicIBTC/ First Trustees Guaranteed Investment Fund - Bank: Stanbic IBTC- Account Number: 9202475343). Then in the Narration/ Payment details/Reason for payment space, you indicate your own mutual fund account number and name. I have done this twice this week and my account was credited without hassle.

That's exactly how I have been doing it.

Darkseid:
That's exactly how I have been doing it.

Then you will have to contact your bank cos I did same 2 times from my GTB and non was returned. It has reflected on my mutual fund account.

Darkseid:
I used direct bank transfer from my Access bank account with my account number as statement.

I topped up just on Thursday using stanbic IBTC bank app( my bank) . My e account number was in the statement( description).

freeman67:


Then you will have to contact your bank cos I did same 2 times from my GTB and non was returned. It has reflected on my mutual fund account.

Thanks for your help, I'll try from another account.

Thank you! Although my appetite for risk is very low right now and that's why treasury bills and money market has been my safe haven all these years. I guess it's time to try their guarantee investment fund and others.

freeman67:


Most of the time there is no visible between in interest because their MMF rates especially is determined by Treasury bill. Treasury is now below 1.00%. In the alternative you can move your money to equity fund. That's where I think will returns will be fair now but with that; you will need to be constantly on guard as even the capital is not guaranteed when it starts it's downward movement.

All this mutual fund are wasting of time. ..try to invest on bitcoin and Ethereum

Rose99:
Please between FBNquest and investmentone which one is better in terms of customer service, interest rate etc. I want to open one of the above because I no longer understand Stabicibtc fund managers. I know treasury bill rate is almost none existence but how can they keep crediting my account with less and less interest no matter how much I top up? The daily interest is approximately 1.7% Please has anyone else noticed this?

All mmfs irrespective of the fund managers will always continue to have a less and less rate regime; as you noted Tbills is down so don't expect any mmf rate to move up. You can come over to Investment one for the unique product VGIF at the moment with 7.5% guaranteed rate it's a good alternative to mmf or Tbills.
Check my signature for link to open account online or contact me if you need further clarifications.

Thank you!

emmasoft:


All mmfs irrespective of the fund managers will always continue to have a less and less rate regime; as you noted Tbills is down so don't expect any mmf rate to move up. You can come over to Investment one for the unique product VGIF at the moment with 7.5% guaranteed rate it's a good alternative to mmf or Tbills.
Check my signature for link to open account online or contact me if you need further clarifications.

emmasoft:


All mmfs irrespective of the fund managers will always continue to have a less and less rate regime; as you noted Tbills is down so don't expect any mmf rate to move up. You can come over to Investment one for the unique product VGIF at the moment with 7.5% guaranteed rate it's a good alternative to mmf or Tbills.
Check my signature for link to open account online or contact me if you need further clarifications.

The investment One updated website has capital and interested combined together now. Does it mean the annual rate is now compounded daily or it's still six-monthly?

Legitist:


The investment One updated website has capital and interested combined together now. Does it mean the annual rate is now compounded daily or it's still six-monthly?

When you login to the dashboard you see total investment ie your worth assuming you want to liquidate.
It does not mean your daily accrued interest is compounded yet till payment date. If you picked the option of reinvest the interest becomes part of your capital and you earn interest on it from that day ie it's compounded. If otherwise the accrued interest will be paid to your bank account. Currently under the new website, to see your principal and daily accrued interest separately, click on mutual fund and fund subscription.
Get my phone number on my signature if you need further clarifications.
Thank you for your patronage.

Hi... My name is Victor. Am in need of Financial support, I need money. I need it to plan ahead for my future, Although I have plans. They say in order to make money, you need money to make money.
I need N50,000, I know is much but I believe there is someone out there that could favor me.
I have a working and practical strategy for recovering this amount as well as a payment plan.
Finding someone who is in a best position to help me, Should not only able to help me with the money I need but Should also be willing to help me.
I don't want to be mincing my words To be honest, the amount I need is N50,000, and I would be really grateful and would Appreciate very much for your help.
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Guys I can't access my money market mutual fund accounts, anyone experiencing same?

If I invest 500k, how much do I get monthly

emmasoft:


All mmfs irrespective of the fund managers will always continue to have a less and less rate regime; as you noted Tbills is down so don't expect any mmf rate to move up. You can come over to Investment one for the unique product VGIF at the moment with 7.5% guaranteed rate it's a good alternative to mmf or Tbills.
Check my signature for link to open account online or contact me if you need further clarifications.

Kelvinhunta:
If I invest 500k, how much do I get monthly

You get N102.73 daily. Multiply that by the number of days in a month

Send me the link to sign up

benedictuyi:

You get N102.73 daily. Multiply that by the number of days in a month

Can I withdraw the profit daily or monthly? Hope my capital is guaranteed

benedictuyi:

You get N102.73 daily. Multiply that by the number of days in a month