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Mutual Funds - Investment (251) - Nairaland

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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 Akin3891: 12:27pm On Sep 05, 2020
Fbnquest has this unpleasant practice : if you fund your account, say past 12pm today and expecting funds to be credited next day, they will drag it to a day after and wouldn't credit the interest for the previous day.

Am I the only one to have experienced this? Stanbic don't practice this unjust act.

3 Likes

Re: Mutual Funds by Nobody: 5:09pm On Sep 05, 2020
Akin3891:
Fbnquest has this unpleasant practice : if you fund your account, say past 12pm today and expecting funds to be credited next day, they will drag it to a day after and wouldn't credit the interest for the previous day.

Am I the only one to have experienced this? Stanbic don't practice this unjust act.

Tell us more about it. What portfolio are doing with them (I have an eye for them).
Thanks.
Re: Mutual Funds by lololo23(f): 6:47pm On Sep 05, 2020
I also want to learn how to invest my money. During the pandemic, I realized that I must find a very promising direction that does not depend on the external situation in the country. As an option, I'm thinking about creating my own website on the topic payday loans in Illinois (IL). I want to help people and give them a loan on favorable terms. DURING the pandemic, I used this service very often and now it has inspired me to create my own website on this topic. I'm interested in your opinion on this topic. Thanks!
Re: Mutual Funds by Akin3891: 2:55pm On Sep 06, 2020
Phylife:


Tell us more about it. What portfolio are doing with them (I have an eye for them).
Thanks.

Money market funds. Apart from the practice I ealier mentioned, I haven't experienced any other bad side of them. N the customer service is wack too, but I believe a supposed affiliation with FBN is giving them a lead and thier current rate is 4.5 unlike stanbic which is 4% or less
Re: Mutual Funds by Ibechris2: 4:44pm On Sep 06, 2020
lololo23:
I also want to learn how to invest my money. During the pandemic, I realized that I must find a very promising direction that does not depend on the external situation in the country. As an option, I'm thinking about creating my own website on the topic payday loans in Illinois (IL). I want to help people and give them a loan on favorable terms. DURING the pandemic, I used this service very often and now it has inspired me to create my own website on this topic. I'm interested in your opinion on this topic. Thanks!


That is a good risk to take.
I have been doing this business for the past 8years even before I left my bank work. Be it as it may,it is very risky and worth the risk.

3 Likes

Re: Mutual Funds by reservd(m): 8:26am On Sep 07, 2020
Akin3891:


Money market funds. Apart from the practice I ealier mentioned, I haven't experienced any other bad side of them. N the customer service is wack too, but I believe a supposed affiliation with FBN is giving them a lead and thier current rate is 4.5 unlike stanbic which is 4% or less
Customer service is whack? That's very very untrue
Re: Mutual Funds by Boyhood: 3:52pm On Sep 07, 2020
reservd:

Customer service is whack? That's very very untrue
Depends on which side you are looking, you could be seeing an M while he is seeing a W. Personally, I have experienced cool customer services with them (that I could give them five star rating), but some other time I feel frustrated to an extent that I will want to close my account with them. Don't just completely write off his statement just because you have not experienced it yet.

2 Likes

Re: Mutual Funds by Indigbo: 3:30pm On Sep 10, 2020
Ibechris2:



That is a good risk to take.
I have been doing this business for the past 8years even before I left my bank work. Be it as it may,it is very risky and worth the risk.

There was a time I wanted to do it too. In fact, I was looking for app developer for small loan system. I later back off when I heard that I will need license , court blah blah blah, and to get the license is difficult. Or is there a way out?
Re: Mutual Funds by Nobody: 3:43pm On Sep 10, 2020
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Re: Mutual Funds by Ibechris2: 9:01pm On Sep 10, 2020
Ibechris2:



That is a good risk to take.
I have been doing this business for the past 8years even before I left my bank work. Be it as it may,it is very risky and worth the risk.


I really don't know much about the app and the procedures...but I am very sure of I what do. I personally operate from home and get to visit my clients at their place of business occasionally.
Re: Mutual Funds by emmasoft(m): 8:17pm On Sep 14, 2020
VGIF Q2 2020 REPORT

1 Like

Re: Mutual Funds by thobbierulz: 1:28pm On Sep 15, 2020
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Re: Mutual Funds by ernie4life(m): 1:59pm On Sep 15, 2020
emmasoft:
VGIF Q2 2020 REPORT

Should we expect any excess return payment in VGIF?

2 Likes

Re: Mutual Funds by freeman67: 4:45pm On Sep 15, 2020
Has anyone operated a StanbicIBTC Bond Fund Account here? Which is better compared to their Money Market Fund please?
Re: Mutual Funds by emmasoft(m): 7:57pm On Sep 15, 2020
ernie4life:


Should we expect any excess return payment in VGIF?

We hope so. it's expected.

2 Likes

Re: Mutual Funds by Kingzy4pep(m): 6:47am On Sep 19, 2020
Cititrust financial services limited has very good rates for their fixed deposit investments. Rates are upto 12% per annum depending on the amount and duration of your investment. You can ask me for further details here. Meanwhile here's the company's website,
https://cititrustholdings.com/commercial-banking/

1 Like

Re: Mutual Funds by ernie4life(m): 9:49am On Sep 19, 2020
Kingzy4pep:
Cititrust financial services limited has very good rates for their fixed deposit investments. Rates are upto 12% per annum depending on the amount and duration of your investment. You can ask me for further details here. Meanwhile here's the company's website,
https://cititrustholdings.com/commercial-banking/

Are you registered with SEC and what assets do you invest the funds in to generate such returns?

7 Likes

Re: Mutual Funds by Franky826: 7:08pm On Sep 25, 2020
It's not looking good with MMF either.
Massive drop of 4.16% today from 4.38% yesterday
FBN MMF
angry angry
Re: Mutual Funds by Boyhood: 7:25pm On Sep 25, 2020
Franky826:
It's not looking good with MMF either.
Massive drop of 4.16% today from 4.38% yesterday
FBN MMF
angry angry
Where do you get the rates from?? Their site has not been updated since 10th Sept.
https://fbnquest.com/asset-management/historical-funds/
Re: Mutual Funds by Franky826: 10:40pm On Sep 25, 2020
Boyhood:

Where do you get the rates from?? Their site has not been updated since 10th Sept.
https://fbnquest.com/asset-management/historical-funds/

I keep track of my daily earnings and work it out myself.
I don't wait for them on that.

2 Likes

Re: Mutual Funds by fungirl89(f): 1:09pm On Sep 28, 2020
If you want an investment that gives 25% returns in 3months, check my signature to register
Re: Mutual Funds by Dsticks47(m): 9:54am On Oct 01, 2020
Happy Independence Day

As you break through your financial restraints towards financial independence, may you enjoy abundance of wealth and freedom that financial breakthroughs bring.

Cheers!❤
The Ziing Team cool

Re: Mutual Funds by Amky: 6:47pm On Oct 02, 2020
[quote author=emmasoft post=92980707]

Mail sent
Re: Mutual Funds by emmasoft(m): 7:11pm On Oct 02, 2020
Amky:


Kindly send to me amky2spaco@gmail.com

Mail sent
Re: Mutual Funds by Amky: 8:24pm On Oct 02, 2020
emmasoft:


Mail sent
Thanks. Kindly check your mail
Re: Mutual Funds by Rotiix(m): 12:52pm On Oct 03, 2020
Thanks @Emmasoft for seeing me through the VGIF investment, still the best rate presently in the market smiley

1 Like

Re: Mutual Funds by emmasoft(m): 2:23pm On Oct 03, 2020
Rotiix:
Thanks @Emmasoft for seeing me through the VGIF investment, still the best rate presently in the market smiley

You welcome Sir.
Thanks for the patronage.
Re: Mutual Funds by Franky826: 6:00pm On Oct 04, 2020
And FBN MMF rates crashes further to 3.94%

1 Like

Re: Mutual Funds by emmasoft(m): 8:58pm On Oct 04, 2020
Franky826:
And FBN MMF rates crashes further to 3.94%

It's expected and this is really not peculiar to FBN, it cuts across all MMFs irrespective of the fund manager. The low rate regime is more of policy induced than lack of efficiency in fund management; currently one year tenor Tbills is 2.8% and the principal underlaying assets of all MMFs is Tbills.
As always my advice is look the way of VGIF.

3 Likes

Re: Mutual Funds by Dsticks47(m): 7:17pm On Oct 05, 2020
Today, we start the Customer Service Week celebrations to express appreciation to you our customers and staff, for your outstanding contributions over the years to our growth and progress.

Together, we make an amazing DreamTeam to smash future goals.

HappyCustomerServiceWeek

1 Like

Re: Mutual Funds by IHelp: 9:36pm On Oct 07, 2020
Ibechris2:



I really don't know much about the app and the procedures...but I am very sure of I what do. I personally operate from home and get to visit my clients at their place of business occasionally.

It is illegal to give loan with interest in Nigeria without having the license.
You are only allowed to give friendly loan (no interest).
Though........
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