₦airaland Forum

The actual YTD is 44.25%. This is from the app

talk2bola21:
But ARM Aggressive Growth Fund shows a remarkable 105.25% ytd or am I mistaking

Input the amount

Emzedz:
Pls who knows how to redeem frm GT equity @ensol n other Gt equity-ers.. wana do it on Monday straight up.. do I input d units or d amount I want to redeem. Thanks

@Beeron

Make we borrow money wait for Access next week?

Does this apply to other funds on the spreadsheet?
I believe YTD means year to date, which is interpreted as returns from the beginning of the calendar year to the specific date under reference. How can a fund have a YTD of over 100% in the first week of January?
I invest in ARM and the reported YTD in app is well below what's on SEC spreadsheet.

Arizona86:
The NAV for ARM i believe is accurate, what you are seeing is not YTD but 1 yr return meaning it represents a full 1 Yr circle from the date you checked. See their NAV at over 100% in March April doesn't represents the YTD.

What is on the SEC NAV sheet is not accurate for some fund managers e.g ARM, Halo

michaellek:
I have observed this also.

Issue like this was once raised sometimes in the past on the thread, but led to an argument.

I did my calculations based of gains and losses on Zedcrest and other fund managers I subscribed with. I discovered that they don't always subtract the losses from their YTD. This is not good.

Among the fund manager I subscribed to, I find only Cardinalstone being truthful with their YTD. The fund managers YTD could be tracked and calculate week-on-week on sec.gov.ng.

If you are recommending fund managers to subscribe to, kindly put caveat.

No update for Apr 29 yet. I thought I was the only one

Gratefulme:
On a serious note, who has seen an update on afrinvest. I took a screenshot on Wednesday to see how much increase I'll get with the bull. My balance remains same. No change till now.

My GT brethren, wipe your tears

Today's gonna be a good day

Just wondering.
If returns for 4/29 is 5.11% and previous YTD is 87.61%, why is the current YTD 97.19%?

Salarys:
Race to 100% YTD

if you don't mind sharing, I have a few questions about.
1. how long have you been on equity funds?
2. what funds are you invested in?
3. what is the size of your portfolio (amount invested)?

Iamblessed8888:
Yupppppp lol

It has reflected. i have way of tracking actual returns of each top up

Iamblessed8888:
Yes by tonight, the amount showing under mutual fund will change to reflect the gain or loss today and added to your total balance .

Determining actual gain on top up day can be confusing except you note old balance, new top up balance which is in transit now and new total balance which will be added tonight.

Essentially, you want to biforcate gain on old balance + gain on new top up.

Ewleleke... all from mutual funds?

Iamblessed8888:
Emotional moment. We are witnessing a historic time and this month will become like a folklore we will pass on. Made 2M yesterday

They did 1.27% yesterday. They update the next business day

Gratefulme:
Who's with afrinvest here, are they gaining or losing cos I don't even understand the thing o.

Yeah. I snipped it from the web

welzyj2:
Is this web? My interface on CS app is diff from yours

This is what i see

welzyj2:
Shouldn't be..from the main dashboard that reflect your portfolio...click on that brown icon that would show breakdown of all your portfolio

Mine shows stock and equity

You should see if your top up has reflected

GT has not done well lately. I don't see daily logs but i'm able to view statements for each day or period I want. I have an excel tracker for daily balances.

welzyj2:
This gt results una dey always post dey fear me oo

Original yakubu manage o

But are you able to see daily log like CS so you can monitor and compare progress

I did. It has not reflected in the portfolio

CSblackpink:
Did he just subscribe? My top-up has been reflected in my portfolio already.

Did you see SMH yesterday? I bought in when it was down 4.5%

CSblackpink:
ETFs and foreign stocks update. Tech and AI have always been key players.

so, it will not benefit from today's kanayo?

CSblackpink:
It will reflect in your main account at midnight.

I tried to top op on CS but the money is sitting in the cash balance instead of the equity fund. Is there anything I need to do?

CSblackpink:
CS must do 2-3% tonight. If I see red, I will reach out to them personally.

With ASI of 2.3% yesterday, GT equity still found a way to lose by 1.01%.

i don't know about the ethical fund. they have updated for the aggresive growth and halal balanced funds. Aggresive growth did 1.97% and halal did 2.21%

Arizona86:
Has ARM ethical updated for yesterday's returns?

They have a whole 7-8 hours before midnight for the update to reflect.

welzyj2:
Another concern is this idea of next business day top up reflection- it can be really confusing

Ideally, date of subscription should be what you get value for, but atimes value looks like it starts the day it reflects on your account

Looks like CS recorded a loss o

They are not really all the same. Some have higher returns than others(you can't compare 80% ytd with 50% ytd) while some have a very streamlined process for redemption.

dammiecool:
I'm tired of running between all dis fund managers.

I think they are all the same. The ones doing well now will soon show their colour.

GT equity lost 2.99% and balanced fund lost 0.66%.
I'm glad I have started reducing my position last week. I'll cut some after today's gain reflect.
.

LoriHamo:
O boy....

Seems Gtbank equity is ONLY invested in banking stocks with UBA having the largest percentage...

Because.... what in "gods" name is this?

Na wao o o

I maintained my position cos there are times it outperforms it's aggressive growth counterpart (recorded a loss of 0.43% yesterday)

LoriHamo:
I left ARM balanced halal out of frustrations

But what you said is somehow true

Stanbic Imaan was GREEN ...but their Ethical was RED....

Market wey go go well, na for morning we dey know. Especially with NGX. In foreign markets, that's not usually the case.

LoriHamo:
Too early to call boss

"Shop" just dey open o o

It is going to be a mixed market today depending on the equity funds you are investing in. ASI is up 1.51% but the banking stocks are "yakubuing". Consumer and industrial goods are doing well. Aradel is doing the Lord's work

Days like yesterday make one value the ethical and sharia-friendly funds. ARM Halal Balanced fund returned +0.51% yesterday

I did a direct calculation with the closing balances on my portfolio for Apr 28 and Apr 24 and i came up with a loss of 0.053%

Dramadiddy:
from 83.70 to 83.63, that’s 0.07%

Like - 0.05%

Dramadiddy:
Zedcrest barely made a loss on Monday. 9 figure portfolio just lost a few thousand naira, I’m okay with that

Surprisingly, the YTD % remains unchanged.