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Mutual Funds - Investment (167) - Nairaland

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Re: Mutual Funds by 234ng44uk(m): 6:27am On Jun 06, 2019
mfonox:
Good day house. Pls is there a maximum amount I can request for at a time from AXA mansard?I want to withdraw N1.3m can I do it at once or I have to do it in 2 or more installments. Thank u

No maximum, it's your money.

1 Like

Re: Mutual Funds by yungestmoney(m): 8:43am On Jun 06, 2019
olujaidi:


1. Yes. Just tick the reinvest option on your form
2. Yes
FBN quest pays dividends?
Re: Mutual Funds by freeman67: 9:41am On Jun 06, 2019
yemkaf:
I have been checking my united capital account since this morning and all is blank, my total portfolio is showing #0.00 balance. Is there any other person that's experiencing same
I don't use them but I believe if it happens that way it means they are processing updates..it will definitely comeback to normal after they have finish settling the account with the holiday interest.
Re: Mutual Funds by glorie1414: 4:35pm On Jun 06, 2019
Thanks.
Apitch:
Whenever network is not strong, your password will always fail, so stop trying severally and wait till network is good
Re: Mutual Funds by Jobac: 5:08pm On Jun 06, 2019
Another great thread.
Re: Mutual Funds by yemkaf(m): 9:05pm On Jun 06, 2019
freeman67:

I don't use them but I believe if it happens that way it means they are processing updates..it will definitely comeback to normal after they have finish settling the account with the holiday interest.
All issues had been resolved. Thanks bro

2 Likes

Re: Mutual Funds by Etienz: 9:07pm On Jun 07, 2019
Please how do I top up my Stanbic Ibtc MMF account through online transfer?
Re: Mutual Funds by Nobody: 12:55am On Jun 08, 2019
Who else noticed fbn money market fund rate has been dropping on a daily basis....... currently 12.96%
Re: Mutual Funds by Nobody: 7:39am On Jun 08, 2019
Asleykene:
Who else noticed fbn money market fund rate has been dropping on a daily basis....... currently 12.96%
Please how do you check this thing ?
Or is it that you calculate it?
Re: Mutual Funds by Nobody: 1:22pm On Jun 08, 2019
chufor:

Please how do you check this thing ?
Or is it that you calculate it?

https://fbnquest.com/asset-management/#
Re: Mutual Funds by temi4fash(m): 9:11am On Jun 09, 2019
Asleykene:
Who else noticed fbn money market fund rate has been dropping on a daily basis....... currently 12.96%

I didn't notice self
https://fbnquest.com/asset-management/historical-funds/
Re: Mutual Funds by trendy09(f): 7:46pm On Jun 09, 2019
Hello,pls for FBN Quest first investment,is it advisable to invest a huge sum at once or add up in bits? Also whats the minimum/maximum?
Re: Mutual Funds by 234ng44uk(m): 5:21am On Jun 10, 2019
trendy09:
Hello,pls for FBN Quest first investment,is it advisable to invest a huge sum at once or add up in bits? Also whats the minimum/maximum?
Invest as much as you want, no rule on this. minimum investment is 5,000 naira. No maximum.
Re: Mutual Funds by Haykeenzy: 8:52pm On Jun 10, 2019
Hello all,

I'm trying to invest in mutual fund for d first time via FBN EDGE,

But I'm surprised I will be charged 2,000 naira extra to top up my FBN EDGE account.

Why 2k. How much is the interest that I will be charged that high amount. I'm confused.
Re: Mutual Funds by Yem0350: 9:51pm On Jun 10, 2019
Haykeenzy:
Hello all,

I'm trying to invest in mutual fund for d first time via FBN EDGE,

But I'm surprised I will be charged 2,000 naira extra to top up my FBN EDGE account.

Why 2k. How much is the interest that I will be charged that high amount. I'm confused.
Make use of direct transfer or bank deposit to their account details using your customer ID as reference
Email them your proof of payment
No charges

3 Likes

Re: Mutual Funds by Haykeenzy: 10:19pm On Jun 10, 2019
Yem0350:

Make use of direct transfer or bank deposit to their account details using your customer ID as reference
Email them your proof of payment
No charges

Thanks, I have sent an email to them . Just fasting and praying they reply early because time is money

First bank has poor customer service
Re: Mutual Funds by amjustme2: 7:32am On Jun 11, 2019
If you join through APP
First Deposit from pay stack through dashboard should be done.
Due to pay stack fee. I did a minimum amount which is 5K.
Once deposits reflect and account has started running, I requested for Account Number to deposit bigger funds. I now use that for any top up I do.

Haykeenzy:
Hello all,

I'm trying to invest in mutual fund for d first time via FBN EDGE,

But I'm surprised I will be charged 2,000 naira extra to top up my FBN EDGE account.

Why 2k. How much is the interest that I will be charged that high amount. I'm confused.

1 Like

Re: Mutual Funds by yak(m): 2:56pm On Jun 11, 2019
Good afternoon ppl. I want to cash out some of my fund in stanbic ibtc, can I add a new account that has different account name from the name I use in running the mutual fund?
Re: Mutual Funds by temi4fash(m): 9:08pm On Jun 11, 2019
Haykeenzy:
Hello all,

I'm trying to invest in mutual fund for d first time via FBN EDGE,

But I'm surprised I will be charged 2,000 naira extra to top up my FBN EDGE account.

Why 2k. How much is the interest that I will be charged that high amount. I'm confused.

I noticed that too.

I decided to use the direct transfer method for top up.

Am still learning the ropes though

But has anyone notice the drop in the interest lately.

Is this a general issue??
Re: Mutual Funds by netzro(m): 9:14pm On Jun 11, 2019
Good day fam.



I am using StanbicIBTC MMF as a savings account where I regularly subscribe using my GTB debit card.



I was sent an email and text informing me that my funds will be given value after 2 business days when ever I use my debit card to subscribe. There is an alternative as contained in the email I don't understand and will need help.



"Alternatively, you can make a direct bank transfer to our mutual funds’ bank accounts using your e-account number as reference/remark/narration. An example of this reference is “1341012345”. Kindly note that you are no longer required to upload your proof of payment on our website. In addition, all inflows received before 12 noon every business day will be given value the same day while inflows that are received after 12 noon will be given value the next business day"



Thanks in advance.

2 Likes 1 Share

Re: Mutual Funds by emmasoft(m): 9:26pm On Jun 11, 2019
netzro:
Good day fam.



I am using StanbicIBTC MMF as a savings account where I regularly subscribe using my GTB debit card.



I was sent an email and text informing me that my funds will be given value after 2 business days when ever I use my debit card to subscribe. There is an alternative as contained in the email I don't understand and will need help.



"Alternatively, you can make a direct bank transfer to our mutual funds’ bank accounts using your e-account number as reference/remark/narration. An example of this reference is “1341012345”. Kindly note that you are no longer required to upload your proof of payment on our website. In addition, all inflows received before 12 noon every business day will be given value the same day while inflows that are received after 12 noon will be given value the next business day"




Thanks in advance.

It's simple. All they are saying is this: If you want to have same day value for your deposit, make direct transfer of your fund before 12 noon on any business day via internet banking or your bank app if any and use your Fund account number as the description/reference /remarks/narration whichever term is used by your bank.

5 Likes

Re: Mutual Funds by netzro(m): 10:05pm On Jun 11, 2019
emmasoft:


It's simple. All they are saying is this: If you want to have same day value for your deposit, make direct transfer of your fund before 12 noon on any business day via internet banking or your bank app if any and use your Fund account number as the description/reference /remarks/narration whichever term is used by your bank.
Oh, I truly appreciate your fast response

1 Like

Re: Mutual Funds by moneywoman74: 5:55am On Jun 12, 2019
I can observed that FBN interest rate has been very low for some days now.
Re: Mutual Funds by Haykeenzy: 6:15am On Jun 12, 2019
amjustme2:
If you join through APP
First Deposit from pay stack through dashboard should be done.
Due to pay stack fee. I did a minimum amount which is 5K.
Once deposits reflect and account has started running, I requested for Account Number to deposit bigger funds. I now use that for any top up I do.



Thanks I followed your advice. They charged me 71 naira extra. I will transfer the remaining funds tomorrow cos today is public holiday

New investment will not start yielding profits till tomorrow
Re: Mutual Funds by Haykeenzy: 6:15am On Jun 12, 2019
moneywoman74:
I can observed that FBN interest rate has been very low for some days now.

What is the current rate
Re: Mutual Funds by amjustme2: 6:45am On Jun 12, 2019
Email their customercare
They will send accounts details

Haykeenzy:



Thanks I followed your advice. They charged me 71 naira extra. I will transfer the remaining funds tomorrow cos today is public holiday

New investment will not start yielding profits till tomorrow
Re: Mutual Funds by yemkaf(m): 7:40am On Jun 12, 2019
Asleykene:
Who else noticed fbn money market fund rate has been dropping on a daily basis....... currently 12.96%
United Capital has dropped a little to 12.98% recently too
Re: Mutual Funds by deleson: 9:55pm On Jun 12, 2019
How long does it take to effect a withdrawal request from FBN Edge app after the initial 30 days funds lock down phase?
Re: Mutual Funds by Yem0350: 10:56pm On Jun 12, 2019
deleson:
How long does it take to effect a withdrawal request from FBN Edge app after the initial 30 days funds lock down phase?
Within 24-48hrs
Re: Mutual Funds by deleson: 11:15pm On Jun 12, 2019
Thanks!

Yem0350:

Within 24-48hrs
Re: Mutual Funds by S4SOLOMON4(m): 8:14am On Jun 13, 2019
eezeribe:
Hello prospective investors, if you are interested in opening a Stanbic IBTC Money market fund, if you need guidance on how to fill the form, I have a PDF copy of an already filled form from STANBIC bank herself, the form serves as a guiding template.
It is free of charge. Happy Sunday.
Pls, I would love to have the filled sample if you still have it . I sent you a PM already. Thanks

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