emmasoft:




Abacus money market fund as the name implies is a MMF.

Principal underlying asset is treasury bills and commercial papers hence there is little or no risk at all. You can only lose money if the country no longer exist.

The interest is daily valued. It's currently ranging from 6.96 to 8.41% and it's upward looking base on economic realities right now. Interest can't be fixed because of market forces on Tbills but be rest assured there will always be interest and your capital is guaranteed.

If you are conservative with low risk apatite then Abacus mmf is best for you.


You earn interest daily but it's paid every quarter on the first day of the next quarter ie Jan 1st, April 1st, July 1st, Oct. 1st. You can also give instruction for your interest to be reinvested (compounding) which will be done automatically on those days as mentioned earlier. The one for last quarter was done January 1st

Your capital and interest is guaranteed.

minimum holding period is 30days and initial deposit from 1,000.

Parties to the fund:

Fund manager - investment one
Trustees: United capital trustees ltd.
custodian: citibank
regulator: SEC

You can do everything online- register and monitor your account.

Depositing money is not restricted it can be any amount from 1,000 and at any interval without a specific pattern.
Whenever you invest in the fund, your interest is prorated to cover the period of your investment before the payment date.
That means if you register and invest say Feb 4th you will be paid interest for 4th to 31st of March for that period and continues till another payment date.

To open account click the link on my signature or get in touch with the phone number.

ok i gerrit now, let ask another bear with me.
when say 8.4 percent interest per annum for example and interest is earned daily. do you mean 8.4 percent per annum by the number of days invested.?

donstevewrites:

ok i gerrit now, let ask another bear with me.
when say 8.4 percent interest per annum for example and interest is earned daily. do you mean 8.4 percent per annum by the number of days invested.?

Yes. Let's say you invested 1m and using 8.4% PA you have 1,000,000*8.4/100 = 84,000 for the year assuming you never top up, then for one day you have 84,000/365 which gives 230.14

So each day you earn 230.14 which is in accrued account till the payment date when it will then be added to your capital if you opt for reinvestment of interest otherwise paid to your bank account.

However, if you made any top up, your interest will increase daily since your capital becomes higher and interest decrease if you make any redemption.

Please o. I walked into Stanbic IBTC bank about two weeks ago to open a dollar account with $450. The purpose is to invest in their mutual funds in which the minimum is $1,000. In the due diligence form I filled, I stated that I will be funding the account from my monthly salary and will also be sourcing for the FX through Banks. I got really angry when they called me this morning to tell me that I have to state the amount I will be putting in the account monthly after delaying me for two weeks!.

Please is it same with other Banks? Someone should please suggest a better option (banks for MMF) for me please.

Thank you.

emmasoft:


Yes. Let's say you invested 1m and using 8.4% PA you have 1,000,000*8.4/100 = 84,000 for the year assuming you never top up, then for one day you have 84,000/365 which gives 230.14

So each day you earn 230.14 which is in accrued account till the payment date when it will then be added to your capital if you opt for reinvestment of interest otherwise paid to your bank account.

However, if you made any top up, your interest will increase daily since your capital becomes higher and interest decrease if you make any redemption.

I really like this but I'm still kinda skeptical. How safe are people's investment? You have stated that it can only fail if the country stops to exist. I'm searching for reviews online and hope to be convinced if it's dependable and trustworthy. Can one invest using dollar?

MGeey:
Please o. I walked into Stanbic IBTC bank about two weeks ago to open a dollar account with $450. The purpose is to invest in their mutual funds in which the minimum is $1,000. In the due diligence form I filled, I stated that I will be funding the account from my monthly salary and will also be sourcing for the FX through Banks. I got really angry when they called me this morning to tell me that I have to state the amount I will be putting in the account monthly after delaying me for two weeks!.

Please is it same with other Banks? Someone should please suggest a better option (banks for MMF) for me please.

Thank you.

Good morning
I don't know much about Stanbic I think u should try other banks.

Well Incase u will like to invest in real estate cash back and rental income please contact me

MGeey:


I really like this but I'm still kinda skeptical. How safe are people's investment? You have stated that it can only fail if the country stops to exist. I'm searching for reviews online and hope to be convinced if it's dependable and trustworthy. Can one invest using dollar?

You don't need to be skeptical. All products of investment one are regulated by SEC. In fact the latest development should give you more confidence, the mutual funds arm of investment one is now under GTCO.

There are many folks here having MMF and stock account with us they can testify. Some have subscribed to Abacus as far back as 2014 and still counting.

I assure you there will be no issues whatsoever.

You can invest in dollar fund ie vantage Dollar fund - VDF

For any of the product, it's same method of account opening.

Just click the link on my signature and pick as many product as you wish and all accounts will be opened with the same kyc documents submitted.

Looking forward to having you onboard.

Good Evening emmasoft

I've been following this thread and the TB thread and I've decided to try the Abacus MMF

My question now is: Does it have an app where I can be monitoring my investments?

Will I need any form of ID verification?

I'd love to test the waters with 100k and then increase when I understand how it works fully

Kindly provide a Whatsapp number I can reach you on to fast track the registration.

Thanks

Jerry59:
Good Evening emmasoft

I've been following this thread and the TB thread and I've decided to try the Abacus MMF

My question now is: Does it have an app where I can be monitoring my investments?

Will I need any form of ID verification?

I'd love to test the waters with 100k and then increase when I understand how it works fully

Kindly provide a Whatsapp number I can reach you on to fast track the registration.

Thanks

You are welcome. Everything you need to come onboard is as we already discussed on WhatsApp.

Please, does anyone know if FBNquest is still in operation and what their rate is today? This is very urgent. Thanks a lot

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 of second chance payday loans in the USA. 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!

modupemomo:
Please, does anyone know if FBNquest is still in operation and what their rate is today? This is very urgent. Thanks a lot

Yes still in operation


Their rate I don't know

Thanks

nicerod:

Yes still in operation


Their rate I don't know

They are still in operation but why their rate are not on their apps or website is something hard to phantom, I have even sent a mail on that regards, no single reply but any other questions replys come

Since about 2 weeks, I haven't been able to access my account online with Fbnquest mutual fund, is anyone also having same issues with Fbnquest mutual fund?

Donbrig:
Since about 2 weeks, I haven't been able to access my account online with Fbnquest mutual fund, is anyone also having same issues with Fbnquest mutual fund?

By online, you mean using the FBNQuest app?
I don't usually login my app so often but with this your question, I tried it and it opened seamlessly giving me access to all my portfolio

Boyhood:

By online, you mean using the FBNQuest app?
I don't usually login my app so often but with this your question, I tried it and it opened seamlessly giving me access to all my portfolio

Well done bro, by chance do you have knowledge of their interest rate?

emmasoft:


You don't need to be skeptical. All products of investment one are regulated by SEC. In fact the latest development should give you more confidence, the mutual funds arm of investment one is now under GTCO.

There are many folks here having MMF and stock account with us they can testify. Some have subscribed to Abacus as far back as 2014 and still counting.

I assure you there will be no issues whatsoever.

You can invest in dollar fund ie vantage Dollar fund - VDF

For any of the product, it's same method of account opening.

Just click the link on my signature and pick as many product as you wish and all accounts will be opened with the same kyc documents submitted.

Looking forward to having you onboard.

Hello Chief Emmasoft, how do one open an investment one account? I've downloaded the app but couldn't proceed further.

1stNumeroUno:


Hello Chief Emmasoft, how do one open an investment one account? I've downloaded the app but couldn't proceed further.

To make things easy and seamless,
Click the link on my signature and complete the online form.
When you click more than one product account can be opened e.g Abacus and stockbroking/cscs accounts

Once your account is opened, you can now go back to the app you downloaded and register as an existing customer with your unique customer number given to you when your account was opened with that all the content of your account will be uploaded to the app automatically.

You can reach me with the phone number on my signature if you need further guidance.

1stNumeroUno:


Well done bro, by chance do you have knowledge of their interest rate?

check here
https://fbnquest.com/asset-management/resources/historical-funds/

Good morning house,

Can someone confirm fbn quest mmf present account number. Want to compare it to the one I got from one of their staffs online. Will like to make a transfer on Monday

Thanks

emmasoft:


To make things easy and seamless,
Click the link on my signature and complete the online form.
When you click more than one product account can be opened e.g Abacus and stockbroking/cscs accounts

Once your account is opened, you can now go back to the app you downloaded and register as an existing customer with your unique customer number given to you when your account was opened with that all the content of your account will be uploaded to the app automatically.

You can reach me with the phone number on my signature if you need further guidance.

please chief how do I get to see all the listed mutual finds and thier prices

Redoil:
please chief how do I get to see all the listed mutual finds and thier prices

It used to be displayed in fund managers association website but for some time now the site has been showing error.

You can check the websites of the different fund managers.

Some funds too especially mmf has static price only rates changes daily.

FGN Savings Bond March edition

Going by the current rate of this month's issue of FGN Savings bond it's not a bad idea to look its way for any conservative or low risk investor.

To subscribe:
Payment: Funds should be paid into our bank account with details below;
Account Name: Investment One Financial Services Ltd
Account Number: 0004473197
Bank: Guaranty Trust Bank Plc

Download the form from the attached file

W working together with men
O open minded
M managers at home and office
E energetic and efficient
N negotiates on behalf of children and men

Happy In'l women's day to all the women in the house

exclusiveoloori:
Good morning house,

Can someone confirm fbn quest mmf present account number. Want to compare it to the one I got from one of their staffs online. Will like to make a transfer on Monday

Thanks

See attached

Boyhood:


See attached

Thank you

And the mutual funds rate keeps dropping. Or is the Russia Ukraine war affecting it ni?

javijabor:
And the mutual funds rate keeps dropping. Or is the Russia Ukraine war affecting it ni?

What is the current rate?

Please who has used SFS Fund, how reliable are they

Anyone have idea about coronation balanced fund mutual funds??

@ cardinal stone commercial paper

modupemomo:
Please, does anyone know if FBNquest is still in operation and what their rate is today? This is very urgent. Thanks a lot

They are