₦airaland Forum

chimex38:
opened investmentone account. though on Stockbroking. no feedback since even my silubmission has been confirmed. it's getting to a week now.

@chimex38 kindly get in touch with me so that I can get your details and follow up to know what the issue is. You can chat/call; my contact is on my signature. Ordinarily if no kyc issues stockbroking account takes 72hrs max one day longer compare to VGIF because cscs is involved. I also sent a PM if you don't mind.

DUNKA:
Why is the account opening for Investment One so tedious with regards to a Utility that has my residential address? With BVN,NIN etc there are more technical ways to confirm someones address rather than insisting on utility receipts that hardly ever carry the correct residential address just like PHCN payment which are online. This is very discouraging.

I can fake a utility bill to carry the address you guys want but what gives? Better change as other investment firms I use have found creative ways for this requirement.
This is very discouraging.

@DUNKA apologies for any delay you might be experiencing as regard account opening.
Kindly note that account opening for any products particularly for VGIF is not tedious and requirements are not different from the usual kyc required in any financial institution as directed by SEC or CBN. It takes 48hrs or less to open a VGIF account.

For the avoidance of doubt kyc documents required to open account are: Passport photo, ID card, Utility bill and your signature.
Please also note that the following documents can be use in place of utility bill: your NIN slip, your signed bank account statement, your tenancy agreement

Finally, kindly contact me if you are having any issues with your account opening.

ernie4life:
Can you confirm the current SDf rate for 2021 which is the rate at which VGIF is currently running?

SDF currently is 4.5% since September 2020 but became effective from January 1st for VGIF.
So the guaranteed rate for VGIF now is 4.5%.
As usual the additional yield above the guaranteed rate will still be available for investors.

michael132:
pls enlighten me on how secure it is

It's secure in every respect. Everything is under SEC surveillance.
Apart from being a sales rep
I have run it personally since 2014 and still counting.
Parties to the fund:
Fund Custodian: Citibank
Trustees: FBNQuest
Nominee - Stanbic IBTC
Fund manager: Investment one
Regulators: Nigeria security and exchange commission - SEC

You can call/chat me on the number on my signature

michael132:
pls.... I need genuine legal investment worth 2million..pls ur advice. tire of banking it

If you are risk averse and wants to invest where you have your capital and interest guaranteed then VGIF- Vantage Guaranteed Income Fund managed by investment one (former GTBank Asset Management) will be good for you.

Features of the fund:
Fixed income mutual fund
Interest guaranteed and benchmarked with sdf currently it's 4.5%
Compounding of interest possible.
Investors also get additional 35% of excess yield above the benchmarked rate.
Tenor is determined by investors ie easy entry and exit
Opportunity to top up any time with any amount
Interest is earned daily and paid twice yearly July and January.
You can view and monitor your account online on the web or using the app.

To open account, click on the link on my signature. You also reach me with the phone number on the signature.
Requirements for account opening : a passport photo, ID card, utility bill and your signature
N.B: Investment one will never ask you for cash to register. Registration s free.

juniorrate:
Emma it look like the 1st Jan 6 month holding havn’t been credited to vgif investor plus the extra 35% because am still expecting mine too or is there anybody been credited here that not use re-invest interest option

Yes work is on it. It will be credited and for those with reinvest option it will be posted with the reinvest value date as 1st of January.
The extra is not paid immediately it will be in some months later. The extra for first half of 2020 ie Jan to June was paid Dec, 22nd 2020.

OgogoroFreak:
It's like orna don "slim fit" the interest rate of VGIF again o. About 4% now.

Bros na SDF review things o. Currently sdf is 4.5% and since VGIF is benchmarked with sdf the current guaranteed rate is 4.5%. No forget you go still chop extra o above the guaranteed rate that is why it's good to stay with VGIF.

hoyo:
I did opened an account with investment one but its sure over 48hours yet no response. KYC documents and all have been uploaded. Disappointed with this despite all the marketing on this thread.

Please get in touch. 08181057319
I can assure you everything will be fine. Some accounts get opened within same day.
Please also note that account opening process initiated during weekends and holidays gets attention on next business day.

Folks even if rates are low let not your enthusiasm and zeal for savings and investment be low.
Dividend/interest always end up in the bank accounts of those that invest at all times.
Look around there are always opportunities!

DUNKA:
How long does it take for an account to be opened?

Within 48hrs if no kyc or compliance issues.

Having any issues as per account opening? Please contact me.

My phone number and link for account opening is on my signature.

Thank you.

coolangel54:
Happy new year!

In need of a legit and SEC regulated investment platform for #1m investment.

I have read but can't see any reasonable info in the last ten pages of this thread.


Kindly advise.

.Thanks

For SEC regulated investment and guaranteed capital and interest VGIF will be your best option.
Vantage Guranteed Income Fund is managed by Investment One with the following features

Guaranteed interest paid twice yearly and benchmarked with SDF.
Extra 35% of additional yield paid to investors biannually
Opportunity to compound your interest
Flexibility of tenor determined by the investor
Ability to top up at any interval with any amount.
Monitoring of your account online through the web or app anywhere in the world.
To register click the link on my signature to complete account opening online.

Akin3891:
I received an email from fbn quest as regards changes in their account numbers for mutual funds and others, I notice investment one as part of its beneficiary .

Does these two have an affiliation?

For checks and balances in Fund management SEC requires that there should be a different body acting as a trustees to the fund and a signatory to the fund's custodian account.
Presently investment one is a trustees to FBNQUEST and they are also to investment one particularly in VGIF.

This and some other measures are put in place for the safety of your investment hence we always advocate to patronize fund managers that are under SEC regulations.

Grupo:
Thought you said that I'd be paid my VGIF interest on the 1st of January? What's happening?

Yes, If you opt for payment of interest the money hits your bank account within the week or reinvested with the value date as 1st of January.

Opzyyy:
How long does it take investment one to complete registration. It's over a week now since they said they will notify me if my registration was successful

Within 48hrs if there is no kyc issues.
Kindly get in touch with me my number is on my signature to know exactly what is going on

omotola90:
saw the mail this morning... Way too low I must say

VGIF – Vantage Guaranteed Income Fund
@all investors and prospects of VGIF
By now if you are an investor in VGIF you would have gotten a mail informing you of the new rate.
Please recall in all my earlier post on the fund that I always mentioned that the guaranteed rate is benchmarked with SDF and it only changes when the CBN changes the SDF that is the reason for the mail you got.

However, you noticed that SDF was changed in September which was unusual for CBN to do and at the November meeting it was unchanged, but the rule of the fund (VGIF) have to be followed strictly ie new rate whether upward or downward can only be effected in July or January of every year.

The new guaranteed rate is 4.5% going forward. Even at this new rate, VGIF rate is still a rate to beat in the fixed income category all through the industry.

Another reason to stay put is that the extra above 4.5% will still be given to investors at the end of the investment period, we may be looking at a total earning of approximately 8-9% or more.

By now all investors that were in the fund earlier or by 30th June 2020 would have received their extra interest for the period January to June.
value dated 22nd December 2020. The extra for July to December 2020 will be paid next year after tomorrow’s guaranteed interest payment.

In conclusion, note that the MPC meeting will hold in January and March 2021 and SDF may be reviewed upward going by the economic realities, the nation may exit recession in the first quarter or early second quarter so all things being equal the future is bright.

Please don’t be discouraged. Remember the safety of your fund is more important than anything else and that is also guaranteed with VGIF. Hence I advice you don’t quit fixed income category of mutual fund like VGIF you will not regret the decision.

I Wish you all a 2021 filled with greater yields on all your investments!

ojesymsym:
All our fixed options are reducing. Is there a USD mutual fund package for someone to be doing like $100 savings a month. Stanbic has but I think you have to do at $1k per transaction.
@emasoft, can you throw more light on your VANTAGE DOLLAR FUND?

VDF - Vantage Dollar Fund

Summary:

Minimum of US$500 at a minimum holding period of 180days

Dividend is paid out in Dollars to unitholders annually.

Redemption is within 5 working days upon receipt of all relevant documents

Fund Composition

Eurobonds 97%
Money Market 1%
Cash  2%



The Vantage Dollar Fund (“VDF”) is a SEC registered, open-ended unit trust scheme which seek to provide investors with appetite for Dollar denominated securities access to such, which ordinarily would be inaccessible to them by virtue of the minimum amount required to make such investment, it will invest primarily in corporate and sovereign Eurobonds.

The primary objective of the Fund is long-term capital appreciation, and interest income which is achieved by investing 0% – 100% of the Fund’s assets in Eurobonds while retaining a maximum of 0% – 7.5% of its total assets in money market instruments. When you subscribe to the Fund, you are issued with such number of units at the prevailing offer price as is equivalent to the monetary amount of your subscription. The Fund is re-valued at the end of each working day to reflect any changes in the prices of the underlying assets. This means that the value of your units will change from day to day. The aim of the Fund is to achieve capital appreciation over the long term and such appreciation can be monitored on a daily basis.



There is no minimum amount which cannot be withdrawn from the Fund. A partial or total redemption can be executed on the fund without any charges once you have fulfilled the minimum holding period condition of 180days.

emmanuelewumi:
What is the value of the additional profit? What will it be in terms of percentage? VGIF will pay a guaranteed return of 7.5%, I hope the additional profit will increase the returns by an additional 1.5% giving a total return of 9%

Thanks for your questions.
Please kindly get in touch for clarifications from your account officer. You can also send a mail to customer care and copy complaints@investment-one.com
However, from personal experience the extra profit revolves round 1.5 to 3.5 depending on the economic reality and SDF rate. The period under review the SDF was 8.5%.
For the second half of the year a total return of 9% will be a conservative projection.

igbizen:
i opened an account with you guys and the account officer didnt respond to my whatsapp

@igbizen thanks for ypur patronage.
Kindly send a mail to customercare@investment-one.com.
You can also be in touch with me - chat/call; my phone number is on my signature.

Dear Sir/Madam,



This is to acknowledge receipt of your mail.



Please be informed that VGIF recently declared additional excess profit for 1st half of the year which is to be shared amongst subscribers who invested in the fund in first half of the year. Kindly note the process of reinvestment is still ongoing and upon completion the amount (as see in the transaction notification) would reflect on your statement or online portal.



Furthermore, the excess profit is different from the 7.5% guaranteed rate offered by VGIF which is still due to be paid at the end of the 2nd half of the year.



Thank you for your understanding and have a nice evening.


The above has shown that the facts of the fund for VGIF is followed religiously. The promised extra interest above the regular and guaranteed 7.5% is
being distributed.

If you have not invested in VGIF I advice you come on board now, don't allow your money to remain idle.
Click the link on my signature to register, you can still get interest for the few days remaining in the year.
you can also call 08181057319 for more.

Dear Sir/Madam,



This is to acknowledge receipt of your mail.



Please be informed that VGIF recently declared additional excess profit for 1st half of the year which is to be shared amongst subscribers who invested in the fund in first half of the year. Kindly note the process of reinvestment is still ongoing and upon completion the amount (as see in the transaction notification) would reflect on your statement or online portal.



Furthermore, the excess profit is different from the 7.5% guaranteed rate offered by VGIF which is still due to be paid at the end of the 2nd half of the year.



Thank you for your understanding and have a nice evening.


The above has shown that the facts of the fund for VGIF is followed religiously. The promised extra interest above the regular and guaranteed 7.5% is
being distributed.

If you have not invested in VGIF I advice you come on board now, don't allow your money to remain idle.
Click the link on my signature to register, you can still get interest for the few days remaining in the year.
you can also call 08181057319 for more.

OFFICIAL09:
What's VGIF All about

VGIF- Vantage Guaranteed Income Fund is a mutual fund in the fixed income category.
Some features of the fund:
It's managed by Investment One
Capital and interest guaranteed
Rate is benchmarked with sdf and extra interest earned above the guaranteed rate
No WHT on the interest
Interest is earned daily and paid twice yearly
It's not tenor base like TBills. Investors determines how long they wish to invest in the fund

To open account click the link on my signature. You need to provide the following: Passport photo, ID Card, Utility not older than three months, your signature.

lastclaire4:
No three months?

It's same thing 7.5 is for a year and for a quarter 7.5 divided by 4. In practice the rate is actually prorated to daily. So you earn interest daily including weekends and public holidays as long as your funds remains in the investment.

lastclaire4:
From the pix you posted, it seems it is not as guaranteed as you make us believe.

Although the post is not so clear but I saw something like 4.25 %
Please throw more light on this.

By guaranteed it means whatever is stated as SDF which VGIF rate is benchmarked with you have it. It's not daily valued.
In the report I posted the rates are prorated as per the period under review.
You can see that rate from July to December is stated as 3.75 ie six months. Multiplying by 2 gives 7.5 for the year
The only time rates are changed is when the CBN changes the value of SDF.
Please also note that there is no WHT on the interest earned.

Akin3891:
So the interest is biannual?.What are the scheduled payment dates? If you have to quit your investment, how long does it take to get funds back?

When TB was 13%, what was vgif % then? Can I withdraw part of my interest before the due date? Kindly post this year report on vgif ,let's see how it's fairing. Merci

Yes interest is biannual. Payment dates: 1st January and 1st July. If you are quitting or doing partial redemption of funds it's 3 working days max.
TB rates don't determine VGIF rate because the major underlying asset is FGN Bonds and VGIF rate is benchmarked with sdf.
Interest is earned daily but can only be capitalized(reinvested) or paid on the scheduled payment dates.
Please check page 1717 on this thread to get the latest (Q3) report of VGIF fund. I dey fear antispam bot. I no wan chop ban because of repetition.

Grupo:
If someone joins VGIF today, would the person be paid interest on January 1st?

Yes Sir. Each investor gets the prorated interest for the number of days his/her fund is invested. Even if an investor joins on the 31st Dec. in the morning the one day interest will be paid. So interest is given as long as you join before any of the two payment dates.
Hence I said in my earlier post that investors determines their tenor in VGIF.

fickyola:
How do I invest in sukuk, as I just have my fund lying down in bank after 6 month of TB retrogression.

Invest your lying down fund in VGIF for guaranteed returns. If you had done that in the past six months by January 1st 2021 you would have gotten 7.5% of your fund.

Well there is still opportunity. You can register today and get interest prorated for the remaining days of 2020.

Check my signature for link to open an account.

OLOBAM:
I did it through my broker as well but I have not seen my coupon as well. I was told it is being paid in batches. I will have to followup with them tomorrow. The only prove I have is that it is on my CSCS statement.

For those who is yet to get their coupon paid please note it has nothing to do with your broker.
In as much as your Sukuk is on your cscs statement the role of your broker has been performed and ended. The only time you need them again as per the bond is if you decide not to hold to maturity and you wish to sell.

You are a creditor to the FGN the body that facilitate your payment is the DMO.
If you have any complain direct it to them.
But I assure you every bond holder will be paid.

omotola90:
Dsticks47, emmasoft

@Mills55 VGIF is a mutual fund under the fixed income category.
Its unique features:
Rate of 7.5% benchmarked with SDF- standard deposit facility.
Capital and interest guaranteed.
You can top up with any amount at any interval.
Tenor is determined by the investor.
Rate is prorated and earned daily including weekends and public holidays and paid twice yearly - July and January
You can monitor your account online.
To open account kindly click on the link on my signature.
You don't need cash to open account only your kyc documents - ID CARD, PASSPORT PHOTO, UTILITY BILL and your SIGNATURE all to be uploaded on the last page of the form. once form is submitted, your account details is sent to you in less than 48hrs
You can also call or chat my number 08181057319 I have some voice notes you can listen to for more details.
Be rest assured you will be happy when you come on board.

Lazyyouth4u:
Oga Emma, Please why are your returns not as high as some other fixed income funds that are yielding over 20%?

VGIF is unique in its function:

Rate is benchmarked with SDF and can only be changed by 1st July or 1st January of any year if there is a change in SDF
No Management fees
35% of excess yield above the benchmarked rate is shared by all investors.
It's not priced ie price of fund is flat at N1

emmanuelewumi:
Can you share the current fact sheet of VGIF?

The fact sheets is per quarter. It's the Q3 that is available. Waiting for Q4.

As alert starts coming in from your Sukuk,
remember to reinvest some percentage of your coupon into stocks or VGIF or both depending on your risk tolerance in that way you are compounding your gains.
By the 7th year you will be amazed what your gain has gained.

Open a cscs and VGIF account with Investment One for free.

Check my signature for details/contact

[quote author=Grupo post=97058297]Nawa.

The interest has changed from 127 million to 28 million. Which is still not correct. [/quote

Work is on it to rectify the system glitch. Please be patient. Everything will be normalized.

Thank you