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Nairaland Forum / Nairaland / General / Investment / Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? (22761 Views)
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Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 8:06am On Sep 03, 2017 |
Where are my conservative investors, do you know that Stanbic IBTCs Mutual funds is here for you? No you don't. This is a great start for very conservative investors. I started here too, but after a while i said Bleep this. Im 25..i have time to take bolder risks. So i pulled 60% of my investment here and went to cryptocurrencies � (remember i didn't pull all, 25 year old people can have BP issues) I dont know your level of comfort with risk but if your investment priority is safety of your capital, or having near-money, this could be what you need. I will try to be concise. Feel free to ask for further clarification. StanbicIBTC is finance company, i'm limiting this to the particular product i invested in-Their money market fund (mmf). This fund pulls money to invest in money market securities only (FGN treasury bills, commercial papers, bankers acceptance etc), since they pull so much funds, they get better rates than a single individual wouldve been able to get, and also have access to investment vehicles which may not be available to a single individual. Right now the yield hovers around 18% (per annum). This means an investment of 100k for 365 days will get you 118k at maturity and around 1500 monthly. Through the app or your portal, you can monitor your daily money growth. To get started you dont need an account with Stanbic. Simply walk into their bank and tell them you want to invest in StanbicMMF. A form will be given to you after which you'd receive an email that your account has been opened. Download Stanbic Bank app from your Appstore and login through the mutualFund tab. Great place to store some money you might need in a short notice. When i pulled out 60% of my investment (still using the app) , i received CR alert within the day. Source: https:///c2dx8r 6 Likes
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Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sgtponzihater1(m): 8:24am On Sep 03, 2017 |
chinnyonwu: This is a great post. I try to educate naive investors of the magic of compound interest and how to harness that magic via mutual funds. I have done mutual funds for a decade and it's growth majorly surpassed even d high yielding businesses. We must all be rich! 7 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Nobody: 12:00pm On Sep 03, 2017 |
How do one fund the acct since one doesn't have acct with ibtc and can you withdraw ur fund anytime u want to? |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Willie2015: 12:19pm On Sep 03, 2017 |
sgtponzihater1: Pple die, coy fold up... got a better chance with FG & treasury bills. 3 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sgtponzihater1(m): 12:31pm On Sep 03, 2017 |
Willie2015:True anyways. But Stanbic, FBN, Zenith have been around for decades. 1 Like 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Willie2015: 12:51pm On Sep 03, 2017 |
sgtponzihater1: My Brother, These are hard times . Enron, World Com, Pan Am, Arthur Andersen are excellent coys for a long time and yet they are gone. Be wise .. 4 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by sgtponzihater1(m): 12:55pm On Sep 03, 2017 |
Willie2015: Thanks bro. Advice noted with thanks. 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by ddestiny20(m): 1:38pm On Sep 03, 2017 |
why wait for 18% yearly when you can earn 8.3% monthly. check my signature |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 2:08pm On Sep 03, 2017 |
hustlengetpaid:You can fund the account through an online deposit... Just like you fund your bet9ja account, or make payment online with your debit card. sgtponzihater1:Compound interest is really magical. 18% seems small but over years it amounts to something big. But im young sha. I want to take more daring risks. Willie2015:Stanbic MMF doesn't invest in Stock market. They invest in same Treasury bills and other money market instruments. The good thing is that they offer greater rates and liquidity. 5 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by ETHIX(m): 2:24pm On Sep 03, 2017 |
chinnyonwu: I am forced to reply you and educate members of the public. you mean I can get 18% in mmf with stanbic after investing my funds but I have to wait till maturity to get the interest. Common, Mr marketer, if I put that same money in treasury bills with stanbic I will get the same rate but my money will be upfront. I don't need to wait till maturity to get my interest. mind you, I use the interest to pay my rent and my children school fees. pls guy continue with your treasury bills for now cos is far better. these fund managers will make more gain from you. if am doing mmf I expect 22% interest since my interest will be at maturity. Please go back and study the time value of money in finance 19 Likes 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Willie2015: 2:49pm On Sep 03, 2017 |
chinnyonwu: So why give it to Stanbic when I can invest it directly in the same TBills, & other money mkt instrument and Stanbic will still charge mgt fees for doing nothing. 4 Likes 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Mup4life: 4:16pm On Sep 03, 2017 |
Willie2015:because with MMF you can get your money out as early as 1month after investment without penalties. 2 Likes 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Willie2015: 4:26pm On Sep 03, 2017 |
Mup4life: You can get your money out from TBills anytime, you only loose part of your interest which is a fair deal. 3 Likes 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 4:42pm On Sep 03, 2017 |
ETHIX:First of all, im no fund manager. Im simply sharing my investment knowledge. Secondly, im an accountant and should understand time value of money properly. Thirdly, let me show you a little calculation that Stanbics MMF beats FGN treasury bills. If you invest 1m in FGN bills for 6months at 17% interest, you get around 85k interest. You argue This interest is paid upfront so the actual money you invest is 915k. 915k at Stanbic IBTCs MMF will get you around 84k. All in all it's a close call but done forget that.. 1) if you invest anything below 6months is FG Tbills, stanbic becomes far better option cos of better rates 2) you can withdraw your cash in stanbic after just 1 month lock period, treasury bills is for the whole duration if not you incur penalty. 3) you can purchase investment in stanbic mmf at any fucking time, not waiting for next auction or waiting for secondary market rates to be available. 11 Likes 1 Share |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 4:43pm On Sep 03, 2017 |
Willie2015:First, with stanbic even for a 1 month duration investment i can enjoy same rates people achieve on 365 day investment. Secondly, i dont know how many more investments you can buy as an individual.. Have you bought commercial papers before? Bankers acceptances? |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Mup4life: 4:57pm On Sep 03, 2017 |
Willie2015:with HUGE penalties on your interest, with MMF your interest are intact with minimal charges. 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Willie2015: 6:20am On Sep 04, 2017 |
Mup4life: No huge penalties on interest pls 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Mup4life: 10:16am On Sep 04, 2017 |
Willie2015:No need to argue go here https://www.nairaland.com/878880/treasury-bills-nigeria/372 and read through the page. 2 Likes
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Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by noOnelikeM: 12:27pm On Sep 04, 2017 |
As an "Accountant" speak in numbers. Show that if you put your money in mmf for less than 6 months, you get better rewards. Don't say "minimal fees". That's what banks use to deceive us. Tell us the fees. My opinion. 5 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by CuteRedd(f): 2:18pm On Sep 04, 2017 |
Prefer farmcrowdy and thriveagric. Shorter not porated tenures greater ROI |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by dotcomnamename: 2:32pm On Sep 04, 2017 |
chinnyonwu: Don't you think Treasury Bills is safer than Mutual Funds? 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by vitality22(m): 2:53pm On Sep 04, 2017 |
What is the minimum amount to invest in Mutual funds? |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 3:28pm On Sep 04, 2017 |
dotcomnamename:Different mutual funds have different investments they use. Even stanbic has the one that invests in blue chip stocks. But im talking about the one that concentrates on money market instruments (stanbic Money market fund) and it invests ONLY in money market securities which are usually guaranteed investments. Therefore i will consider the risk the same |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 3:30pm On Sep 04, 2017 |
vitality22:Stanbic MMF is 50k 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by dotcomnamename: 3:44pm On Sep 04, 2017 |
chinnyonwu: Thanks for your reply. However, you cleverly avoided my question and infarct you twisted it : Again, Don't you think Treasury Bills is safer than Mutual Funds? Yes or No. Is that simple to answer? 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by chinnyonwu(m): 4:25pm On Sep 04, 2017 |
dotcomnamename:I answered your question. I ended my last post with "therefore i will consider their risks the same" menaing in my opinion, neither is safer than the other |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by dotcomnamename: 4:52pm On Sep 04, 2017 |
chinnyonwu: I hear you sir. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by emmanuelewumi(m): 5:23pm On Sep 04, 2017 |
dotcomnamename: Fund managers also earn fees and commissions from the investment 1 Like |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by wellsaid(m): 5:30pm On Sep 04, 2017 |
Unlike TB u can easily add more funds and withdraw some parts of your funds. Also MMF got better rate than TB on the average over a period of time. |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by Nobody: 6:02pm On Sep 04, 2017 |
What can affect your investment in the mmf? |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by emmanuelewumi(m): 6:04pm On Sep 04, 2017 |
wellsaid: That can be done with Treasury Bills via the secondary market. 2 Likes |
Re: Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? by dboss444: 7:05pm On Sep 04, 2017 |
i learned from R.kiyosaki that the best way to become rich is to have a successful business before investing, im trying to build a sucessful business hope to join you people soonest. 10 Likes |
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