Investnow2017:


With the strict and close regulations now in place with regards to the management of mutual funds, the chances of that happening now is far-fetched. Except you choose to go for the unregulated mouth-watering outfits out mimicking serious mutual funds like the ARM and IBTC MMF.

.

You mean IBTC MMF is risky?

Investnow2017:


With the strict and close regulations now in place with regards to the management of mutual funds, the chances of that happening now is far-fetched. Except you choose to go for the unregulated mouth-watering outfits out mimicking serious mutual funds like the ARM and IBTC MMF.

.

Stop being an obvious marketer

Investnow2017:


With the strict and close regulations now in place with regards to the management of mutual funds, the chances of that happening now is far-fetched. Except you choose to go for the unregulated mouth-watering outfits out mimicking serious mutual funds like the ARM and IBTC MMF.

.

You are right bro. Even banks cant fold up anyhow like in those days again. Its understandable to be a little scared because of past experiences, but the reality must be told too. ponzihater pls take note.

cucumbar:
Hello,

How well and for how long can this mutual funds of a thing sustain a single guy that wants to quit his job and has like 35M invested in mutual funds?

Could it sustain someone that has been earning between 400k-500k monthly and does not want a drop in his standard of living?

I will recommend you buy treasury bills for one year, collect upfront interest and invest into mutual funds then you can be redeeming monthly to meet your monthly need.

Unable to login to my online account since yesterday PLS anybody with the same issue

adegokekemi:
Unable to login to my online account since yesterday PLS anybody with the same issue

I have the same issue with the ibtc app

beyolah:


I have the same issue with the ibtc app

OK. That means no cause for alarm

adegokekemi:

OK. That means no cause for alarm

remember the email about an upgrage coming soon?

perhaps thats what they are doing.

Nairaruky: this guy is no fund promoter... sgtponzihater1(m):

And Sgt.. You should know Investnow2017.. Is also just an excited investor just like us!

Fact is Mutual Fund is no get rich quick system that can pay people to promote it.

i went to ibtc Asset management office.. They have only 3 workers in the building!

the officer asked me to help him "tell my friends"..

lol.. I just laughed...they dont pay people for that otherwise i would be earning some large wade for all those i have told..

This here is just to help others who are looking to secure their funds while they await the next "good" biz idea..


Partnerbiz3 though is a clear marketer of data bundles.. LMAO!

RealityShot:
remember the email about an upgrage coming soon?

perhaps thats what they are doing.

Nairaruky: this guy is no fund promoter... sgtponzihater1(m):

And Sgt.. You should know Investnow2017.. Is also just an excited investor just like us!

Fact is Mutual Fund is no get rich quick system that can pay people to promote it.

i went to ibtc Asset management office.. They have only 3 workers in the building!

the officer asked me to help him "tell my friends"..

lol.. I just laughed...they dont pay people for that otherwise i would be earning some large wade for all those i have told..

This here is just to help others who are looking to secure their funds while they await the next "good" biz idea..


Partnerbiz3 though is a clear marketer of data bundles.. LMAO!

Forget jor... you guys don't want to answer my question...

RealityShot:
remember the email about an upgrage coming soon?

perhaps thats what they are doing.

Nairaruky: this guy is no fund promoter... sgtponzihater1(m):

And Sgt.. You should know Investnow2017.. Is also just an excited investor just like us!

Fact is Mutual Fund is no get rich quick system that can pay people to promote it.

i went to ibtc Asset management office.. They have only 3 workers in the building!

the officer asked me to help him "tell my friends"..

lol.. I just laughed...they dont pay people for that otherwise i would be earning some large wade for all those i have told..

This here is just to help others who are looking to secure their funds while they await the next "good" biz idea..


Partnerbiz3 though is a clear marketer of data bundles.. LMAO!

Thanks for coming to my aid

After a friend lost N4m to all these ponzi scheme after failing to accept my criticism of them, i cannot stop being excited about any genuine investment that can guarantee capital preservation and meaningful interest.

It was all she had. Everyday now she is weeping and mourning her loss.
.

Does anyone know the minimum amount First Bank accept to invest on Money Market Funds?

Nobody is even talking about Asset and resource management company ARM. ..are they that bad?

adegokekemi:

OK. That means no cause for alarm

No cause for alarm.
It's up now. I was just able to login.

Partnerbiz3:


Forget jor... you guys don't want to answer my question...

They have answered your question, but it appears they didn't tell you what you wanted to hear.
Consult your bankers or Treasury Bills investment officers.

beyolah:


No cause for alarm.
It's up now. I was just able to login.

Sorry couldn't get back. I was able to login in the midnight. Thanks

dotcomnamename:
Does anyone know the minimum amount First Bank accept to invest on Money Market Funds?

.

dotcomnamename:


.

With a minimum and affordable starting investment of just N5,000, you can start investing in the FBN Money Market Fund. The Fund typically offers higher rates when compared to a standard bank savings account, and you can add more funds to your investment at any convenient time

ernie4life:



I will recommend you buy treasury bills for one year, collect upfront interest and invest into mutual funds then you can be redeeming monthly to meet your monthly need.

This is good advise y'all

adegokekemi:


With a minimum and affordable starting investment of just N5,000, you can start investing in the FBN Money Market Fund. The Fund typically offers higher rates when compared to a standard bank savings account, and you can add more funds to your investment at any convenient time

That's cool.

They accept 5k

Which one will you recommend between FBN and IBTC?

Please, if I invest on stanbic mutual funds, can I get my money with interest at the end of one month?
From what I read here, am becoming more confused

cucumbar:
Hello,

How well and for how long can this mutual funds of a thing sustain a single guy that wants to quit his job and has like 35M invested in mutual funds?

Could it sustain someone that has been earning between 400k-500k monthly and does not want a drop in his standard of living?

of course it will
400-500k monthly for a year amounts to
4.8-6m per annum.

with the rates hovering at about 18%
35million should yield 6.3 million Gross!

That's still enough to meet up with his standard of living. However it's best u invest that sun in Tbills where you can lock in on the 18%. With money market fund, the rates could drop further affecting the yield from 6.3 to a lower sum.

Nevertheless, I don't suggest he quits the job

chukzyfcbb:

of course it will
400-500k monthly for a year amounts to
4.8-6m per annum.

with the rates hovering at about 18%
35million should yield 6.3 million Gross!

That's still enough to meet up with his standard of living. However it's best u invest that sun in Tbills where you can lock in on the 18%. With money market fund, the rates could drop further affecting the yield from 6.3 to a lower sum.

Nevertheless, I don't suggest he quits the job

What of one million ?

Ugosample:


That's cool.

They accept 5k

Which one will you recommend between FBN and IBTC?

5K ? And what will be the profit ?

ihedioramma:
What of one million ?

Regardless of the amount, its best to lock in on the present high rates in Tbills. If possible tick the re-invest option in your form to get a higher yield.

My take is that In money market funds, the rates aren't stable. You may get 18% today, next month it could be down to 16%.

But if you choose let's say 6months in Tbills, that rate is fixed through the whole of that 6months


Look at this FBN fact sheet.
and watch how yields dropped by 2% from November 2015 to December 2015

emmanuelewumi:


They have answered your question, but it appears they didn't tell you what you wanted to hear.
Consult your bankers or Treasury Bills investment officers.

Tech me about this money market fund ?

chukzyfcbb:

Regardless of the amount, its best to lock in on the present high rates in Tbills. If possible tick the re-invest option in your form to get a higher yield.

My take is that In money market funds, the rates aren't stable. You may get 18% today, next month it could be down to 16%.

But if you choose let's say 6months in Tbills, that rate is fixed through the whole of that 6months


Look at this FBN fact sheet.
and watch how yields dropped by 2% from November 2015 to December 2015

OK Thank's . please teach me about money market fund how it work and how to make profit e.t.c small, small please ? .

ihedioramma:
Tech me about this money market fund ?

in lay mans terms, its simply an vehicle where the investment company pools funds from different investors and help to invest on their behalf on low risks assets, typically treasury bills, banker acceptances etc.

The screenshot I uploaded above, shows where the funds of investors are going to.
from that pic above u see that about 46% of the funds are going to Tbills, 40% to bank deposits and 9.9% to commercial papers. with this you know where your money is going to.

There are different departments, if I am to use that word. like fixed income fund or balanced fund, these ones have low-mid level risk because funds here go into the stock market.
.Most people prefer the Money market fund because of its low risk!

You can check up The websites of these Fund managers eg First bank. stanbic ibtc, arm etc to learn better.

Below is the factsheet from first bank 2015 (using this as an illustration)..
- You see where the funds are going to in the pie chart
- You see the yield on a month-month basis
- You see the charges and read the news affecting yields

Ugosample:


That's cool.

They accept 5k

Which one will you recommend between FBN and IBTC?

I'm using stanbic very OK. I think they have the highest for money market

sonssyo:
Please, if I invest on stanbic mutual funds, can I get my money with interest at the end of one month?
From what I read here, am becoming more confused

Yes after 30days

chukzyfcbb:

in lay mans terms, its simply an vehicle where the investment company pools funds from different investors and help to invest on their behalf on low risks assets, typically treasury bills, banker acceptances etc.

The screenshot I uploaded above, shows where the funds of investors are going to.
from that pic above u see that about 46% of the funds are going to Tbills, 40% to bank deposits and 9.9% to commercial papers. with this you know where your money is going to.

There are different departments, if I am to use that word. like fixed income fund or balanced fund, these ones have low-mid level risk because funds here go into the stock market.
.Most people prefer the Money market fund because of its low risk!

You can check up The websites of these Fund managers eg First bank. stanbic ibtc, arm etc to learn better.

Thank's . if i invest #20,000 in this money market fund with low risk, like how much profit will i make (two examples please )?

ihedioramma:
Thank's . if i invest #20,000 in this money market fund with low risk, like how much profit will i make (two examples please )?

using 18% as an example
u will get #200naira each month.

if the rates remain at 18% for October, 200naira will be added again

adegokekemi:


I'm using stanbic very OK. I think they have the highest for money market

what's the present rate at stanbic?