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Investment › Re: Mutual Funds by anori: 9:45am On Nov 08, 2018

GonFreecss1:
You don't understand me. Yes it goes up, but it's exposed to the equities markets. Which means even if your capital is guaranteed, your profits are not. All it takes is a bear market, to do the fund in. I am only trying to explain what you are invested in, I am not criticizing it. Like I said it's perfect for those who don't have an exposure to the stock market and want to mix their Portfolio up without stressing themselves buying equities themselves.

And you aren't taking on board what i said. Yes the ratio of investment is accurate it is exposed to equities but a maximum of 25%. Because of that a bearish market will not 'do the fund in' because it still earns from the less risky 75% investment. From the stand point of which fund would make more money I would recommend GIF in the long term. I have historical data and 4 years of experience in the fund and its about to pass through a second election period. I have invested in GIF and MMF since 2014 and I have gotten higher returns from GIF than MMF in the long term. MMF is more of a short term investment option with minimum risk. Since you invest in equities you would understand the benefits of holding and the long term gains unless you are a day trader or you prefer the minimum risk from the Mutual Fund.

Investment › Re: Mutual Funds by anori: 9:35am On Nov 08, 2018

GonFreecss1:
[s]Please can you give us more info on this Guaranteed Fund? What instruments do they invest in? [/s]

Just read up on it, 75% money market, government bonds etc and 25% equity. Principal is guaranteed, but not profits, I think money market is sill better, depending on your portfolio. For someone like me who already invested directly in equities, I think the money market fund is still better to reduce and properly balance my exposure. This fund I think is perfect for those who need a little exposure to the stock market.

Investment › Re: Mutual Funds by anori: 9:04am On Nov 02, 2018

GonFreecss1:
[s]Please can you give us more info on this Guaranteed Fund? What instruments do they invest in? [/s]

Just read up on it, 75% money market, government bonds etc and 25% equity. Principal is guaranteed, but not profits, I think money market is sill better, depending on your portfolio. For someone like me who already invested directly in equities, I think the money market fund is still better to reduce and properly balance my exposure. This fund I think is perfect for those who need a little exposure to the stock market.

I said GIF is doing better right now. I invested the same amount in both funds and watched it for 3 months. the GIF gained more money and this excludes the dividend pay out. The Fund price goes up consistently and doesn't yoyo like MMF.

Investment › Re: Mutual Funds by anori: 9:07am On Oct 29, 2018

jujutom:
Most people don't talk about Stanbic IBTC Guaranteed Fund and when i checked the rates for the last 6months its been gud

Please please peeps who is doing Stanbic IBTC Guaranteed Fund, who knows about it well? Who can shred more light for me?

Tanks in anticipation

I have mentioned it before. GIF is definitely more consistent if not better than MMF. I rebalanced my portfolio to GIF.

Investment › Re: Mutual Funds by anori: 3:17pm On Jul 30, 2018

pixiee:
Nobody is talking about the Stanbic guaranteed investment, and I observed that its always on green I.e upward movement. I am considering moving my money market funds to guaranteed investment. Any advice please�

Hiya. i was going to even mention that. GIF is slow but steady and seems to be unaffected by the general dip. I am rebalancing my portfolio to GIF while the dip continues and also plan on investing in the others buying cheap.

Investment › Re: Mutual Funds by anori: 10:58am On Jul 17, 2018

When the prices drop its time to buy. The market will bounce back that's a fact.

Investment › Re: Mutual Funds by anori: 10:57am On Jun 21, 2018

What investment house. You can easily call or email their customer service and they can instruct you on the process. They even respond on social media too.

coolangel54:
SOMEONE SHOULD PLEASE ANSWER THIS O

Investment › Re: Mutual Funds by anori: 10:03am On Jun 01, 2018

Nusah09:
House between mutual balance fund of 3.98% and money Market fund of 13.09%. Which one is advisable to subscribe

Balanced Fund is more long term and performs better over that period.

Investment › Re: Mutual Funds by anori: 10:53am On May 30, 2018

Adayoung:
Good day house,I did topup in my mmf accout since Saturday and till now it has not been reflected in my mmf account. what should i do ?

I had the same problem last week. They weren't so helpful when I called. I emailed them the details of my payment and it was rectified on the same day.

Investment › Re: Mutual Funds by anori: 10:26am On May 30, 2018

chrysanthus07:
please I m a newbie..Have 150k 2 invest..whc bank will you advice? Thanks

You could spread the investment between MMF and GIF for short term gains then Bond Fund and Balanced Fund for Long term.

Investment › Re: Mutual Funds by anori: 12:52pm On May 04, 2018

CallmeX:
I'm contemplating switching from stanbic mmf to Guaranteed Investment Fund. What is the current interest rate for the guaranteed investment fund?

I have been running a test on both. I put exactly the same amount in both funds and the growth of GIF is relatively similar to MMF but does slightly better by a margin. Given time the gap would widen. GIF over MMF because there's also the yearly dividend.

There's alot more money to be made if you spread your investment across the other funds long term.

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Investment › Re: Mutual Funds by anori: 12:18pm On Apr 26, 2018

onyechimereze1:
Hello people, i have some money in my mmf and i deposited money into my savings account in Stanbic Ibtc, now i want to add it to my MMF account. is there any way i can do this using the app or must i visit one of the branches..

Just go to the Funds on the side menu and then subscribe. Its straight forward and the money will reflect by the end of the day latest the next morning.

Investment › Re: Mutual Funds by anori: 11:35am On Mar 14, 2018

awesomeJ:
Please what are the month to date returns on GIF and BOND fund. I did equity in January, but had to switch most part back to MMF.

One thing is these other instruments are long term investments. Looking at month till date returns will not help the projections. Ideally investments should be kept there for 5 years upwards.

Investment › Re: Mutual Funds by anori: 3:55pm On Mar 13, 2018

I stopped watching MMF rates after I diversified. GIF and Bond are doing so well. I am even putting more in equity. Its no longer scary.

awesomeJ:
Stanbic's yield today inched up to 14.95%. I pray it stays well above 15 in the days to come.

Investment › Re: Mutual Funds by anori: 10:47am On Mar 07, 2018

It works like normal compound interest. Nothing special.

edisoncash:
Please house how does the compound interest work on mmf with stabic ibtc bank

Investment › Re: Mutual Funds by anori: 10:24am On Feb 28, 2018

jaychubi:
I have been there for a month now but my money is depreciating that is I am losing.

I might quit it soon, I no get dt kind patience

You know balanced fund is a long term instrument. You will usually see a depreciation in first months before an appreciation. You need to eave it in for at east 5 years for good profits.

Investment › Re: Mutual Funds by anori: 3:09pm On Feb 08, 2018

MrHighSea:
Dem don get customers plenty, iyanga don start.

Waiting for log-in details too.

I don't think so. Maybe its because their unit hasn't expanded enough yet to handle the increase in subscribers. I have been with them since 2014. They called every month to check on me and how I feel about their service. It has stopped now but I have not had anything to complain about them.

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Investment › Re: Mutual Funds by anori: 1:51pm On Jan 15, 2018

So for mutual fund portfolios. I researched on it. And there are 3 different approaches for diversification. Aggressive, Moderate and Conservative. I use this system.

Aggressive Portfolio Asset Allocation: 85% Stocks, 15% Bonds
Moderate Portfolio Asset Allocation: 65% Stocks, 30% Bonds, 5% Cash/MM
Conservative Portfolio Asset Allocation: 25% Stocks, 45% Bonds, 30% Cash/MM

I had all my money in MMF but I am gradually moving through to the Aggressive Portfolio.

An aggressive portfolio is appropriate for an investor with a high risk tolerance and a time horizon longer than 10 years. The reason for this is that aggressive portfolios typically include more stocks than moderate and conservative portfolios.
A moderate portfolio is appropriate for an investor with a moderately high risk tolerance and a time horizon longer than 5 years.
A conservative portfolio is appropriate for an investor with a low risk tolerance and a time horizon from immediate to longer than 3 years.

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Investment › Re: Mutual Funds by anori: 9:43am On Jan 07, 2018

Dianeetdiana:
please explain naira cost averaging

You can Google dollar cost averaging. That's where the concept is gotten from.

So basically let's say you have N50,000 to invest in an instrument (equity) that the price changes daily. If you decide to buy at once at the day's price of say N5 you get 10,000 units.

But with cost averaging it recommends you buy a little over a period of time because of the changing price. It could reduce and you get more for less over time. Tomorrow it might be N4 and N6 the next and then N4 again. If you buy at N5000 quantities over time your average price would be lower than if you bought all at once at N5 and you may get more units than 10,000.

A tip: be disciplined with your money. As you are investing a ĺittle at a time it would be tempting to spend the remaining on something else.

I hope this helps. You can learn more by googling dollar cost averaging.

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Investment › Re: Mutual Funds by anori: 1:57pm On Dec 15, 2017

ernie4life:
its no news that the government plans to bring down tbills rate to single digits, treasury bills secondary rates are already nose diving,
there will be some OMO maturity in the next few weeks without an equivalent OMO auction.

you may ask how would this affect you as a mutual funds investor, well if you are a MMF investor, be sure that rates will come down but not so fast because most if the funds where lock in at good rates for year, until it matures I expect the rates to still look good.

But this could be a good time to look at other funds outside the money market funds like balanced funds, fixed income funds etc

Thanks for the update. Been diversifying to Balanced, Bond and GIF. They seem to perform just as well over time.

Investment › Re: Mutual Funds by anori: 10:57am On Nov 07, 2017

texas1:
Use quickteller . A receipt will be generated. Print it out or download soft copy to your system.

For the app
Download Stanbic Ibtc app from playstore
Click on open instant account
Input details as prompted (choose Mutual funds)
You ll be lead to quickteller website, where you can pay with you ATM.
Complete the process.
The only issue is that you are limited to transactions of about 200k only. If you want more, you ll need to visit their branch with: completed form (you can print online) , passport, utility bill, ID & prove of payment.

Cheers

Quickteller has started charging 10% of transactions for subscriptions if you do it via SIAM website. Using the app for subscriptions doesn't have that charge yet.

Investment › Re: Mutual Funds by anori: 10:30am On Oct 30, 2017

jp130:
Please how can I register for stanbic mmf online as their branch here in uyo requested for utility bill which I dnt av but I have national id card

There is no shortcut, you need a proof of address. If you can't apply in person you can do it online. I opened mine online and also re-subscriptions since 2014, I have never been in a Stanbic ibtc Asset Management branch before.

Investment › Re: Mutual Funds by anori: 1:35pm On Oct 11, 2017

beyolah:
Hello
Is anyone here investing in stanbic guaranteed investment fund.
What is it like?
What has been your experience with the fund?
Thank you

I subscribed to GIF at the same time as MMF. Its great, there's hardly any fall in price, its increase is steady. The interest is about the same as MMF and you get a yearly dividend which isn't spectacular. Its more of a long term investment and its not exciting watching it daily. I would say its the safest of all the funds.

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Investment › Re: Mutual Funds by anori: 12:33pm On Sep 20, 2016

Maybe the bank took their 3%.That's a lot though.13.9% today.

Investment › Re: Mutual Funds by anori: 12:32pm On Sep 20, 2016

Maybe the bank took their 3%.That's a lot though.

Investment › Re: Mutual Funds by anori: 11:59am On Sep 16, 2016

The yield on the Money Market Fund is up to 13.86% now and FBN FIxed Income Fund is 13.66% as at Yesterday. I think the Mutual Funds are getting better despite the economy. Thank God.

Investment › Re: Mutual Funds by anori: 5:28pm On Aug 19, 2016

Hello Hous.

There seems to be an uptick in the MM yields. It came back to 2 digits percentage this week.

Celebrities › Re: P-Square Finally Opens Up About Landlord by anori: 6:00pm On Oct 14, 2009

how long have they really been in lagos?

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