₦airaland Forum

See the funds Factsheets from Norrenberger for the different Mutual funds for your perusal and investment decision

Omooloriredade:
We need to raise our game true true

Was there no prep or prestaging done before the actual meeting?




@emmasoft I don't know your position in Investment One but I commend your effort in trying to resolve customer issues raised on this platform. BUT I have a question still: Is the email account not monitored? I wonder why a customer's enquiry will go unanswered for weeks. Actually, it's a rhetoric question. One of those little things that are often overlooked by organisations or people in business.

Though I don't have your details, but I have tried to escalate your complain as much as I can.

jadyclem:
Abeg any chairman in the house using investment one app to buy stock, can you please direct me on how to go past "the opt-in" wait period when buying stock there for the first time?

I switched from trove app to investment one so I can have a fast execution, but since I deposited in the account I keep getting "opt-in" when I tried to buy any stock for over 2 weeks now.

My account has been verified and everything is okay with the account. I've seen messages to the investment one customer support regarding the issue but they yet to respond for over 2 weeks now.

Please, what can I do to purchase stocks on the investment one app without it telling me to opt-in everything and declining the trade?

@jadyclem Kindly chat me up with the number on my signature. I need to ask you some details that may not be proper to do here.

By the way have you open cscs/trading account before downloading the app?

oyewole123:
Good morning people

Just a quick question pls -

Do they remove 10% withholding tax from all interest/coupon obtained from FGN treasury bill now ?? even if you stay abroad
It is being a while I invested in TB
Thanks

Yes, the tax holidays on interest on TBills has ended. Interest from TBills now attract WHT.

Itsrm:
No idea sir

Cc Emmasoft

Call the customer care on 0 2 0 1 2 8 0 5 5 9 5 They are responsive.

CokeBar:
Hello Everyone, if I had $25,000 to invest. What would you advise I do? [I don't wanna convert the usd to Naira so it doesn't lose value]

Also, if I had 10m Naira to invest, what would you advise?

For low risk tolerance investor
$10,000 invest in Investment one dollar placement
$15,000 invest in Norrenberger dollar fund
5m invest in stanbic MMF
5m invest in TBills for 1yr or Norrenberger MMF

For moderate/high risk tolerance investor
$10m Norrenberger dollar fund
$5m in investment one dollar placement
5m in GTCO shares
5M in Zenith shares

Bukkydudu:
Good afternoon house,

Please is it possible to change bank which dividend are paid into?
If yes, please I need information on how to go about it please

Thanks

Fill another e-mandate form with the new bank account details and send to the registrars in charge of the company's shares.

Indicate in your mail that going forward the new mandate should supersede the previous.

brosiye99:
Good day everyone. Been following for sometime now and the insights here are super. I want to start investing some funds I just got into mutual funds and stocks. I am thinking of using the ARM One App. Which other Apps are also good so I can do my research before selecting one to start with? will be grateful for all advice and guidance. Thank you.

For good customer service and effecient trading platform (app and web) come along with us at Investment One.

To have a seamles onboarding, click the 3rd link on my signature to open a trading/cscs account. Once your account is opened, you can use both the web portal or app to carry out your trading activities.

Please note that Investment One will not ask for cash to open account, it's free.

Contact me if you need more details.

ghm:
I want to open a new stockbroking account kindly recomend a reputable broker.

I prefer a broker with the following:
1. A versatile online access with trading, deposit, withdrawal features.
2. Margin facilities
3. Loan facilities.
4. Advisory, recomendations, research, histpric and current data services.
5. Good customer Service.

I will appreciate your response please.

For the listed services, come along with investment one stockbrokers.

To start your investment/trading journey, click the 3rd link on my signature to open trading/cscs account for free.

sterlingD:
I need some clarification how will they determine those to be paid N86 .Is there a qualification date to use to determine this.l saw in the scheme of arrangement record date as 25th September 2024 and closure of register date as 25 - 27 September 2024.

For example l bought some units on 25 September 2024 will l be listed in the register l am asking because of the T +3 days that is used for settlement date

Don't bother yourself of dates. Every shareholder that has the shares before the stock is placed on suspension when the delisting is taking place proper will be paid off. All minority shareholders will be settled.

Meshach171:
So to put simple term, is it charged per annum on the accrued interest or the total invested sum?

charged on all invested sum at a given time. Though it's per annum it can be applied daily, monthly quarterly etc.

Just know that whatever rate you see displayed, all fees are already deducted otherwise it will be stated.

NL1960:
@emmasoft. My wife don turn your marketer. . She has introduced Stanbic MMF to somebody and i have sent her the link on your profile so that when the person opens using it, it will be through you.

Ha, my Oga! Thank you so much. My regards to madam, Please help me tell her that her effort is appreciated greatly. God bless your family. Amen.

personal0:
The 1.5% p.a management charge by Stanbic IBTC money market, is it deducted from the daily interest or charged as a lump sum at the end of every year?

@emmasoft

Management fees is charge on Asset under management (AUM) is per annum. What you see as the rate is net of fees.

You can always go through the funds fact sheet sent every month for details.

Shogunxxxx:
Please, regarding the Stanbic IBTC MMF, can one DIY or it must be done through a bank official?

I was at one of the Stanbic branches today, the way the person in charge there was hustling me eh. He was like I need to make payment to an account(bearing his name), then I will be sent a password blah blah blah.

Asking if I was ready to start immediately, got me a bit scared

@emmasoft

I have always explained here on this platform that in terms of operations and scope of work and interest, stanbic ibtc bank and stanbic asset management are two different companies.
It's true they belong to the same holding company but they are actually different.
Going to a stanbic ibtc bank doesn't make you closer to stanbic asset management.

Most times the people you meet in the banking hall don't even know what stanbic asset management do in the real sense.

I will advice anyone who wish to deal with stanbic asset management to do that directly. You don't actually need a third party to relate with them.
Even when I say you should use my link to register, you are actually dealing with them directly not passing through me.

You can open account even this night if you wish.

Click the first link on my signature and complete the form online, by tomorrow your account details will be sent to you and you can start investing immediately.

You can also reach out to me if you want further clarity on how MMF work. My number is on my signature

Latest Mutual Funds Rates from Norrenberger

Complete the attached account opening form and contact me to start investing.

jonnysessy:
How long will it take my brokers for it to reflect in my portfolio ? Or are they doing selective crediting of account. See the rate at which people is offloading UCAP.

Please note that most of the software all the stockbroking firm use for their trading account only reflects buy and sell activities and not holdings from bonuses.

However, you can instruct your stockbroker to credit your trading account with your bonus shares.
Bonuses are credited to your cscs account not trading account, also note that you don't need to wait for your bonus shares to reflect in your trading account before you can sell. An investor can sell any holdings in cscs even if it's not showing on the trading account and it will go through.

Shady92:
@emmasoft, please can your shed more light on norrenberger islamic funds, is the capital secured and is there provision for compounding over a period of time. I will also like to know more about the dollar funds.how can i submit the form after filling it. Thanks

@Shady92, Please see product details attached.

The fund is invested into carefully selected sharia compliant and halal instrument, the fund pays quarterly profit (not interest) to its investors, the compounding option also applies to the fund.

After completing the form, chat me up with the number on my signature an account officer will be attached to you so that a quick follow up can be done on your account opening.

The dollar fund invest in eurobonds and it's price based, hence the value fluctuates as the price moves, it's good if you have long term in view and it will help to hedge against the local currency devalution and inflation which is on the increase currently.

Babygal2020:
Please what's the interest rate per annum for Norrenberger dollar investment?

NDF is 9.93%
Let me know when you want to come onboard.

Nataba:
Good afternoon everyone.

I already have an account with one of the Nigerian stock brokers, but I want to open another account which will be strictly for short term trading.

In summary, I want to be using one account for short term trading, and the second for long term investment.

Please, How do I go about it?

It's simple, go ahead and open another account in another stockbroking firm, while completing the account opening form in the new firm, indicate your current CHN so that both accounts will have the same CHN, cscs account number will always differ from one firm to the other.

Click the 3rd link on my signature to pick Investment One stockbroking firm as one of the firms you wish to do business with. Customer service is top notch at investment one.

INVEST WISELY WHETHER IN A BULL OR BEAR MARKET

Don’t be carried away with the BULL nor the BEAR, all investors should still do their due diligence before investing in any stock even when it’s recommended because in the long run, investors must take responsibility for their decision not the analysist/the market or financial adviser.
It was one of the mistakes investors/market players made in 2006 to early 2008 (BULL) and 2020 (BEAR)

In a bull market even non-fundamentally sound stocks appreciate in price by way of positive sentiments around the market and in a bear market even fundamentally sound stocks prices can nosedive, Invest wisely

I wish everyone a good investing experience ahead!

Rockyfancino:
Thanks for the clarification. Although, I still think it would have been a better investment if Naira was stable. In the last 1 year, Naira has gone from #790/$ to #1600/$+. If I had #1,000,000 invested as at last November 2023 which would have been around $1,265 then. Presently I would have realized around #1,250,000, but then that will currently be around $755 in this present day. My point is Naira is too unstable, else it would have been a great investment option. We actually don’t know if Naira will still end up going to #2000/dollar.

Is there a domicilary version of mutual funds that exist in Nigeria?

The value or stability of the naira is beyond individual investor, the value of naira is determined by many other factors of the economy. It actually depends on the state of the nation's economy, though the naira depreciates, not investing at all makes it worse. Imagine inflation is over 30% and returns on MMF is between 19 to 22%. The MMF doesn't have an hedge over inflation but reduces your negative returns and if the economy improves MMF rates can actually beat inflation.

If you wish to have a guaranteed dollar investment, you can do dollar fixed deposit with Investment One where your capital and returns is guaranteed.

eremy:
Here's to appreciate all the guides on this thread, especially emmasoft. Well done for all you do.

I joined the Mutual Money Fund movement in July this year and am glad I did.

@eremy, thanks for the kind words.

Rockyfancino:
What I will like to know now is if there’s anything like Dollar MMF. Someone mentioned MMF beats the high inflation in Nigeria, which I don’t think might be very true. For example, what if Naira has twice the devaluation of what it is presently after setting up MMF, then the returns wouldn’t be profitable. For this reason, I believe a dollar version of this is better.

But you mentioned Dollar Funds to be at 9.48% and you mentioned it is risky because of dollar drop. I don’t understand. How is Dollar funds risky, and how is it different from Naira MMF?

@Rockyfancino please note the following:

We have different types of mutual funds, MMF is just one of them and dollar fund is another type of mutual fund it's not the dollar version of MMF.
They don't operate similarly because of the currency and the underlying assets. Actually, most mutual funds are named and categorized based on the underlying asset.

To say the rate of MMF beat inflation is not a correct statement, Also to say I mention the dollar fund being risky because the dollar will drop is not correct, what I mean by dollar fund being risky is that the underlying assets are Eurobonds which is price based, that is the value changes with price movement and the capital invested is not guaranteed like the one invested in MMF.
The major upside of a dollar fund is that it hedges against the devaluation of local currency and protects the value of your currency during a high inflation regime

MMF and dollar funds are two different products under the mutual fund category of investment widows.

In most cases, MMF is seen as a Low-risk investment while a dollar fund is in the moderate or medium-risk investment category

The two funds serve different purposes.

When it comes to investment everything is not just about rate, other factors are considered before an investor picks any form of investment.

Please note that MMF and dollar funds are not the same. Apart from the currency involved mode of operations and returns differ, the 9.48% I mention is from the Norrenberger dollar fund and should be one of the highest in the industry if not the highest. Most dollar funds range from 6 to 8.5%

You can reach out to me so that we can engage more.

zippie5:
My old stocks are with dead Cashcraft, please any idea on how can I get them

First, open a new stock account with another stockbroking firm if you have not done that yet, the requirements to move your stocks from the dead house (cashcraft) will be sent to you and once you submit the necessary documents, your stocks will be moved to the new stockbroking firm. The process involves you, the new stockbroking firm and cscs plc.

Click the third lick on my signature to open a new stockbroking account for free with Investment One Stockbrokers . You can also get in touch with the number on my signature.

Elegantmoe:
Good day, my account has been setup and details sent to me. I tried changing my password and it is requesting for answer to security question. But i have not added any security question, and no place to setup the security question.

This is how it works:

Once your e-account has been sent, you required to fund your account at least with 5,000 using your e-account as narration, after that a system generated password and a link will be sent to you after some few hours, With this passowrd, you will login to your account and immediately the system will prompt you to change your password right there and then, you can change your password. This same password you can use any time both on the web portal or the app.

You can also chat me up if you need further clarifications.

Don't wait to Invest but Invest and wait

Note the following:
If you want to enjoy the stability of FGN Bonds investment,
You don't want to wait for the long-term FGN Bond is known for,
you don't have a lump sum to invest

You want to be able to terminate your investment without penalty anytime you wish,
You want to top up regularly with any amount from 5,000,

You wish to get your returns every quarter or have the option of reinvesting your returns ie compounding,

Then invest in the SFS fixed income fund at the rate of 17.02% the highest in the industry.

Click the 2nd link on my signature or contact me to open an account for free.

Don't wait to Invest but Invest and wait

Note the following:
If you want to enjoy the stability of FGN Bonds investment,
You don't want to wait for the long-term FGN Bond is known for,
you don't have a lump sum to invest

You want to be able to terminate your investment without penalty anytime you wish,
You want to top up regularly with any amount from 5,000,

You wish to get your returns every quarter or have the option of reinvesting your returns ie compounding,

Then invest in the SFS fixed income fund at the rate of 17.02% the highest in the industry.

Click the 2nd link on my signature or contact me to open an account for free.

Investment without tears
check out the following

Click the attached form to open any or all the different types of fund, let your money worker harder for you.

Transfer of Aradel holdings of individual shareholders to NGX cscs

Coronation has done the needful and broke the jinx. Individual holdings of Aradel shares is moved automatically to your NGX cscs. Check your cscs account within the week to confirm, if otherwise contact Coronation registrars to resolve.

Things are getting better. We hope other registrars willy toll this simplified path going forward.

Elegantmoe:
I have just registered using your link. Got s mail from stanbic to complete review.

Okay. Welcome onboard. By tomorrow you will get your e-account number if no kyc issues, then you can start investing using your e-account number as the narration when you make your transfer from any of your bank account. It's after your first deposit you will be sent a link and a password which you are required to change upon your first login.
It's always advisable to login first using the web portal (the sent link ) and change the given password, you can download the app and use the same credntials to login to the app, you will not need fresh registration on the app.