Stanbic did 6.8% last month YTD.

Please how can I invest in ETFs in Nigeria

Abbasmh:
Please how can I invest in ETFs in Nigeria

What sort of ETFs are you looking out for?

The best one. In terms of return and low risk

sgtponzihater1:


What sort of ETFs are you looking out for?

sgtponzihater1:
Stanbic did 6.8% last month YTD.

Thanks. I am looking for 7% and above

civilserva:


Thanks. I am looking for 7% and above

GTCo is 8%

Afrinvest

Emmaesty:
GTCo is 8%

Thanks Emmaesty

civilserva:


Thanks. I am looking for 7% and above

Reaprite gives 12-16% on their plans....
been with them since 2020....

Click the link on my signature

Chinaza0g3:
Do we really have good mutual funds in Nigeria?

Why mutual funds of less than 12%...

when fintechs are doing upto 16% and even more.
check out Reaprite using the link on my signature

Jasonblu:


Reaprite gives 12-16% on their plans....
been with them since 2020....

Click the link on my signature

Is it dollar fund.

Who are behind fund

Jasonblu:


Reaprite gives 12-16% on their plans....
been with them since 2020....

Click the link on my signature

Is this company a regulated one?
Are their funds SEC approved?

Jasonblu:


Reaprite gives 12-16% on their plans....
been with them since 2020....

Click the link on my signature

civilserva:

Is it dollar fund.

Who are behind fund

Naira savings....its not mutual fund.
Reaprite offers different savings plan with different rates

otomatic:


Is this company a regulated one?
Are their funds SEC approved?

Edited
By Sec approved funds you mean mutual funds i guess...they don't offer mutual funds

Reaprite is backed by an SEC regulated Trustee - Investment One Financial Services - through a trusteeship agreement.

Jasonblu:


I don't understand what you mean by SEC approved...?

The company is working on a MFB license.
Currently, works with trusteeship and partnerships of some banks in Nigeria.

Alright. Return of investment is far better than return on investment.

Jasonblu:


I don't understand what you mean by SEC approved...?

The company is working on a MFB license.
Currently, works with trusteeship and partnerships of some banks in Nigeria.

PLEASE I BEG YOU IF YOU DONT UNDERSTAND WHAT SEC APPROVAL IS kindly hold your peace and stay away from this forum

civilserva:
Who knows any Dollar mutual fund with good rate?

none due to dollar scarcity and fluctuations

Redoil:
PLEASE I BEG YOU IF YOU DONT UNDERSTAND WHAT SEC APPROVAL IS kindly hold your peace and stay away from this forum

Lol.

Mutual funds are regulated by the SEC. Do your due diligence before investing. Good interest rate is important, but preserving your wealth and investment is more important.

For nearly a decade in this business, I have seen millions of those who run after high interest rates get burnt, even by supposedly legit businesses.

A few months ago some investors who kept screaming "agro" lost millions and went back to the back of the park, then came more agriculture based investments came crashing to the ground. I was called a prophet, but my predictions were only based on common sense.

[

Redoil:
PLEASE I BEG YOU IF YOU DONT UNDERSTAND WHAT SEC APPROVAL IS kindly hold your peace and stay away from this forum

Oga, before you jump into conclusion...
read the question asked....

He asked "are their funds sec approved"
I wasn't talking about mutual funds....probably that was what he implied.

I want to believe Sec approved company is different from Sec approved funds

i'm talking about savings platform, where you can save weekly or monthly while your money gains interest

otomatic:


Alright. Return of investment is far better than return on investment.

for clarity...I wasn't clear about what you said about Funds being sec approved.

The company doesn't run mutual funds...
i will probably edit the reply for other readers.

For Stanbic Money market Fund

Did anyone notice there was no payment yesterday?
Or is it just my account?

Emmasoft and ponzihater any hint?

Jasonblu:


for clarity...I wasn't clear about what you said about Funds being sec approved.

The company doesn't run mutual funds...
i will probably edit the reply for other readers.

Okay. Seems they are into "agro"

igbizen:
For Stanbic Money market Fund

Did anyone notice there was no payment yesterday?
Or is it just my account?

Emmasoft and ponzihater any hint?

I just received the payment that was suppose to drop yesterday.

igbizen:

I just received the payment that was suppose to drop yesterday.

Glad you're sorted now.

What's happening?
Rates are falling like stone daily


Was thinking the hiking of rates by CBN would come out otherwise

sgtponzihater1:


Glad you're sorted now.

Let us discuss about other mutual funds. I just found out that different assets management organization quote different Bid and offer prices for the same fund types. And I do not know how they calculate the yields or some of them quote total return. I think they do these to deceive intending investors.

Stanbic MMF is becoming too slow in updating account. This is evening already and weekend returns have not be updated. Even to reinvest earnings for the month of March is yet to be done.
@emmasoft and ponzihater what is happening? This is unlike stanbic

igbizen:
Stanbic MMF is becoming too slow in updating account. This is evening already and weekend returns have not be updated. Even to reinvest earnings for the month of March is yet to be done.
@emmasoft and ponzihater what is happening? This is unlike stanbic

Yes, I noticed that too. It could be because today is the first of working day of a new month.