₦airaland Forum

I don't believe it.

ajeleomo:
Are you sure about this? i have ARm and Axa also but i have monitored this week and observed that i get about 22% on ARM while i get 11.8% averagely on Axa. IONE gave 12% averagely

Yes, it is normal. You will get your weekend payment by Monday as par AXA Mansard.

Apitch:
Please is it normal for mutual funds not to grow on Saturday and Sundays or is it a Stanbic thing.

Enjoy your interest, request for your certificate and you will get your principal back after 91 days. Meanwhile, it seems you were given a rate of 10.5% which is still ok and not ok lol.

Shyee:
Good day people.
On Tuesday, i filled form for 5.5mil tbills at FBN for 91 days, I just got alert of 144.984naira interest. What do I do please?

ok

Nobody owes you any explanation here. If the information you ask is not clear to you, ask again. Moreover you are in the wrong group.

Geo4646:
U and ur entire family's are foolish. bastard idiots like u. I can see dat u don't have manners. is dat how to educate someone, without proper explanation.

It's not clear for me. More especially the interest rate from 17.93% to 11.59%

ajeleomo:
I believe we saw another payment reflecting on our account this morning after yesterday interest was paid at close of business yesterday.
Kindly see what they have to say on this.... AXA MANSARD MMF

AXA Mansard
9:55 am
Hello, if you want to get more details about our Investment products & services, I’m glad to help.

omonuwa
good morning
AXA Mansard
Good morning

Thank you for contacting us

How may we assist you, please?

omonuwa
Please is it possible to get interest breakdown in my account coz i cant get that in the account statement
hello
AXA Mansard
Kindly confirm the plan you have with us

I have been able to confirm that you have our Money Market Fund

do stay on the chat to allow our Investment agent attend to you

You have been transferred to: AXA Mansard Investment.

omonuwa
MMF
AXA Mansard Investment
hello

omonuwa
hi
AXA Mansard Investment
did you make any inflow recently

omonuwa
yes today
AXA Mansard Investment
currently you have just xxxxxx in your account

omonuwa
yes since 21/9
AXA Mansard Investment
once we verify funds paid today, you will get funds confirmation

omonuwa
ok
AMITTXN285378
AXA Mansard Investment
do you still need the breakdown for the xxxxx naira

omonuwa
But is it possible to get breakdown of the interest paid into my account?
Yes i do
Bredown of all interest paid into the account so far
AXA Mansard Investment
okay

interest Amount Rate
xxxxxxx 12.06%
xxxxxxx 12.06%
xxxxxxx 12.06%
xxxxxxx 12.10%
xxxxxxx 17.93%
Total xxxxxxx

omonuwa
i can see above this value in my account as i got paid this morning which is not included here
AXA Mansard Investment
this value is till 25th

omonuwa
The first payment was for what date?
AXA Mansard Investment
the one for today is update later today

21st

omonuwa
i said i got paid this morning and current interest is at xxxxxxx
11.59%
AXA Mansard Investment
your payment for today won't reflex yet

it will be posted today and you will get an update on your account today

omonuwa
it is already in my account i can see this
AXA Mansard Investment
its only showing as booked balance

omonuwa
oh really
is this the new routine now?
AXA Mansard Investment
yes it is

omonuwa
ok
AXA Mansard Investment
we adapted this because client complained about not seeing their inflow till end of day

so now it shows as booked balance till it is updated at close of business

omonuwa
oh great to know this but it will be better emails are sent to all clients stating this in other not to generate confusion
AXA Mansard Investment
thanks for the suggestion

omonuwa
ok you are welcome
So will i get interest value on my deposit this morning for today?
Read
AXA Mansard Investment
yes you will

omonuwa
hmmm thanks
my issues are resolved. Thank you very much

I saw this figure this morning on my AXA MMF account. Could it be true abi na system glitch lol

Your interest for Saturday and Sunday is paid on Monday between the 9am to 2pm or sometimes to 3pm. What I do is to check every 30 minutes from 9am and you will notice the first difference from which you can calculate the interest rate. Continue checking as stated above and you will see that of Sunday and Monday and then you can calculate the interest rate. From my experience, weekend rate is close to what is quoted on the website on Thursday.

I know this is a crooked way of checking but I am impressed with the redemption speed.

Develop an excel sheet to enable you compare the quoted and actual rate.

jpphilips:
Axa mansard does not credit me on Fridays & Mondays, it stays put on previous week's Thursday rate till Tuesday next week.
Have you bothered to ask yourself how they arrived at what they credited you?

I agree with you with respect to their redemption service. As with regards the daily interest, I have my own excel sheet where I compare the quoted and actual interest and there has not been much difference. The most important thing for me is the redemption service.

hias2012:
AXA has both mobile and web tools for monitoring your investments. In addition, they have good rates on average most of the time. They also handle redemption within 24hrs of request. They are in fact one of the best. Load the mobile app from playstore by searching with MyAXA. Follow the link below for the web tool. However, you have to have requested for online access. Happy investing.
https://www.axamansard.com/myaxa/index.aspx?ir=1

1) You need to be withdrawing that money (10k) monthly to give to your brother so with TB you have that money which can be re-invested in MMF.

2) With MMF, you have access to the interest every quarterly (I think). Any attempt to withdraw this 10k every month affects your principal and the future interest. The interest only becomes part of your Principal after 3 months if you don't touch it.

3) Interest in MMF could either rise and fall in the course of this one year you are talking about.

Miders:
Why do you say the TB option is better? Are you saying at the end of one year the investment in the money market fund will return less than my capital of N1million due to the monthly withdrawal of 10k?

1) Based on the two scenario, the TB option is better plus ignore the guy above me who has not answered your question.

Miders:
Am not sure how these money market funds interests are applied, is it compounded with existing balance daily or just once on the initial capital annually? Which investment option would actually yield more returns within one year (365 days) in the two scenarios below.

a) Invest N1million in TB @12%, so as to use the interest of roughly 120k paid upfront to give my brother a monthly allowance of 10k for that year. At the end of one year from date of my investment which is the maturity date I get my initial capital back with no addition or subtraction.

b) Invest N1million in a Money Market Fund that yields an average of 12% P.A, withdraw only the 10k needed for my brother's upkeep every month till the end of that year. At the end of that year would i be left with exactly my initial capital, more than it or less than it? Am not sure because i dont know how the interest is applied considering my constant monthly withdrawal.

Gurus in the house please help analyse these scenarios if you know.

Yes but do not use the app. Also try and do it on a working week day.

[Qquote author=Ademat7 post=66342934]how do u increase your investment,is it by clicking the "buy fund" on your dashboard? need to increase my investment in axa mansard[/quote]

Ok. Noted. Let me inform Pastor Freeze.

Thanks for your response.

shegonchy:
I experienced the same thing some time ago. Since then I have opted for the online instead of the app.

Using the AXA Mansard app, I tried increasing my funds in my account only to notice an additional 1k ''transaction charge'" so I stopped and tried their website and there was no such charge. So my question is, do we always have these 'charges' when using the AXA Mansard app ?

Yes they do.

Jessglam:
Please have they got an app?

Yes

[1quote author=yak post=65972636]

u did everything online?[/quote]

xcitedjay,

Thank you for responses. It was indeed beneficial to me and I don open account sharp sharp.

Confirm if he paid for his work experience and qualification to be accessed because in my own case, I paid for only qualification to be accessed and I got exactly what you posted.

mumzt:
Thank you for your response. He applied for both qualifications and experience. But we'll just allow dip do their thing. All his work experiences have proofs and can be verified. He submitted all this with his assessment though.

.

Wow, this is good.

menwongo:
Oil, #7500
Empty keg, #900
Transport, #650.
Total: #9050 per keg

Kindly assist with the breakdown.

menwongo:
#9,050

What will it cost to get a first grade palm oil sent to Port Harcourt?

Thank you for your response.

[1quote author=lalaazo post=64767259]
Surveyor/construction/Civil engineering/EPCM[/quote]

Nice of you to share your little experience but if I may ask what's your field ?

lalaazo:
My fellow Nigerians,
I commend everyone for the keen spirit and Goodwill.
One way or the other,you folks have contributed to my success; consciously or otherwise.

This is my 4th Month in Australia as a migrant (189) and I must say it's one of the most thoughtful decisions I have ever made asides getting a spouse.
With the permission of my ogas I would like to drop the full gist/ timeline in the other room.

However, a simple breakdown goes thus:
Arrived Melbourne 10/10/17
Got my Professional job 23/10/17 without aussie local experience/ driver's licence.
Got my first paycheck 08/11/17(the rate is )
Currently working in Sydney on a major capital Metro project.
I give God all glory and honour......

PS: for those still wondering and pondering about the distance and uncertainties; a piece of advice mate# " there are no guarantees in life, but if you dare to conquer your fears,you shall excel beyond your imagination".

Una Chiefs and youth leaders no go gree nah


quote author=BruncleZuma post=64692316]

While there can you help us tell them to start the cleanup of Ogoniland?[/quote]

Can you clear me Sir please ? How would he reap #100k every month as they mature if he invest #100k monthly ?

Investnow2017:
You mean you plan to invest N100k every month in this manner? That is a good strategy. Because by the time it is ripe, you would be reaping N100k every month as they mature.

Congrats

Abeg drop this your childish altitude for 2017. smh

Leverageisback:
Pretty sexy for a 70 year old

why is yinka ayefele seated when his elders are addressing him?

That your 200k or 60k will be gone before you know it. Shine your eyes oo. Like Zany stated, read from Page 0 to 10 and then ask specific questions.

Dgovernor88:
A special greetings to all the elders in this thread. Please I need your advice on how to go about this Australia work permit, I was introduced to one agent and she told me that she is going to help me in processing the visa but she will take 1.8m but first I will have to make a deposit of 200k for a start then when my visa is out I will pay the remaining money.

And I also have another person who told me the same Australia work permit at the same rate of 1.8m and Australia employment visa at 1.750m but I will have to make a deposit of 60k at a start. And he also tell me about New Zealand visa at the rate of 1.5m with a deposit of visa fees 60k. But the problem now is that I don't know how to go about it do to what is happening now in Nigeria through some so called agents. So please if there is any one on this thread that can help me with a good advice on how to go about it because am a kind of confused right now thank you all Waiting to get a good reply.