₦airaland Forum

Alright

Revealing

Alright

Alikote:
can u pls get out of this thread this is for treasury bill and you are derailing it with rubbish finance house 90 percent of investment in Nigerian money market is in treasury bills ,fgn bonds fixed deposits bankers guarantee .preference share and low risk stock zenith bank invested 500 billion in treasury bill do u think they are mad that they no inverst the money for arm guys u better by land with the pay pending when rate go up or establish bussiness

Of course not, and neither are those investors who have entrusted ARM with their assets worth over 3.37 billion dollars to manage. So I guess you should know that we all have our dispositions on issues. And by the way, referring to ARM as a rubbish finance house is the height of ignorance. And so its safe to assume the following:
1. You have never been to lekki cos LCC was an SPV of ARM
2.You have never heard of Lakowe golf and country estate. The best in West Africa.
3.You have never heard of four point by Sheraton. An ARM project.
4. You don't know of Garden City golf estate in PH. An ARM project.
5. You don't know of Oluwole new urban Market . An ARM project
6. You don't know that ARM pensions is the 2nd biggest pension fund administrator in Nigeria. Acquired First Alliance which was the first of such transaction in the pensions industry.
7. Acquired Crystalife assurance Plc now ARM life.

A rubbish finance house that have now acquired mixta Africa a real estate giant in Africa, having 2.5 million sqm with close to 10,000 housing units delivered across Africa. Headquartered in Barcelona (Spain) with offices in Morocco, Senegal, Tunisia, Mauritania, Algeria, Nigeria and Côte d’Ivoire.

Note: This is all in a bid to meet Nigerian's need of 17 million unit of affordable homes because we are solution based.

My apologies to the house for derailing the thread.

vitality22:
Can we chat on Whatsapp? I will love to ask you some pertinent questions. Do you have a representative in Calabar or Uyo that i can talk with? let's see if i could spare a little amount say like 100k and see how it goes.

Of course, my whatsapp number is 08070681240. We don't have in Calabar. Buh trust me I have clients that subscribe from America.

You can sign up by filling out forms I will email and you scan back to my email, then do a bank payment or transfer directly into our ARM money market fund account with Gtbank. Either by scanning the transfer evidence or you can forward the email notification from your bank to me. Same thing if you want to redeem your investment.

moshino:
Yes, this is what I meant. I think you answered the first part of my question, thanks. The second part of my question is; Since you mentioned that the yield is a 'floating rate', do you have a guaranteed minimum yield, and a ceiling/maximum? Thanks in advance.

There is no guaranteed minimum yield and because of the way its structured. I doubt if there is any fund manager that can guarantee your yield. But, be rest assured that you will always get a competitive yield on your investment. Reason being that we are aware of our competitors and for the fact that the fund is open-ended, it means you can always liquidate your investment and take it to where you will get a better return.

@moshino @Daddi

If I understand your question correctly, you want to know if there is a plan like the one banks are statutorily required to have with NDIC? Please clarify me if that's not what you mean.

For the fund managers, its actually not a statutory requirement. The act that dealt with the operations of the fund managers, i.e the investments and securities act of 2007 didn't require that from them. What was provided was the following:

- Trustee
- Custodian
- Registrar

Trustee:
Ensure that the transactions entered into by the fund managers are in accordance with regulations of Sec, the main regulator of the scheme. For the ARM money market fund, the trustee is ARM trustee. Buh for our discovery fund its First trustee

Custodian:
Is responsible for holding and safeguarding the securities owned within a mutual fund. And ARM's custodian is citi bank

Registrar:
Register and maintain detailed records of the transactions of investors for the convenience of mutual fund houses. ARM registrar is First Registrars.

These are measures that have been put in place to ensure transparency in the way the fund is managed.

@mekaboy am sorry if your offended by the discussion. I sincerely apologize.

Daddi:
hi dude, post the procedures here, making it private makes people sceptical. Cheers

Lolzzz... Alright Boss.

The ARM Money Market Fund: The fund invests mainly in money market instruments, such as government treasury bills, commercial papers, bankers acceptance and certificate of deposit.

Benefits
- Generate steady income
- Its tax free
- Capital preservation
- Serves as a collateral.
- Pays dividend every quarter
- Low risk, because 100% of the fund is invested in the money market
- The fund is open ended, its not tied to a tenure I.e you can enter and exit anytime. However, its expected that you stay up to a month. A breach of this will result in a penalty of 20% of what your money has been able to yield within the period. Actually your money yields something each day it stays with us.


Note: It goes with a floating rate and not a fixed rate.
Redemption of investment takes 3 to 5 working days.

And a little background of ARM for those not familiar with our company.

Established in 1994 as an asset management firm, ARM offers wealth creation opportunities through a unique blend of traditional asset management and alternative investment services. We enable businesses to thrive, and help our clients to maximize their returns and realise their most important goals. For over two decades, we have built a firm uniquely equipped to achieve these objectives and our reputation for quality research, investment expertise and value-added services has endeared us to clients both locally and internationally.

Achievements/landmarks
-Manages assets worth over 550billion naira,
-owns 70% stake in four point by Sheraton,
-Initiated and funded the LCC project,
-second largest pension fund administrator in Nigeria
-Largest independent non-bank financial institution in Nigeria.
-Initiated and funded the following projects; Adiva Plainfield, Oluwole urban modern mall, Lakowe lakes, Fara Park, Garden City estate in PH etc

Manages investments of many blue chip companies in Nigeria.

Alright

Nice one

Damolux01:
Can someone into ARM here give needed details about it? Since TB is terribly dropping, ARM would be perfect for now. How do they work? Can I do it with FBN or which Banks are into it?

You can drop your email address so I can forward you details of the ARM money market fund. Or better still you can send me an email at kelvin.chiejine@arm.com.ng or call me on 09031599840 or 08121198293. Thanks

exclusiveoloori:
My t-bills will mature mid-january next year. Since the rates are dropping, will like to try the ARM money market, never heard of it though, will like to have more details on how it works and how reliable is it?

You can drop your email address so I can forward you details of the ARM money market fund. Or better still you can send me an email at kelvin.chiejine@arm.com.ng or call me on 09031599840 or 08121198293. Thanks.

iyke3g:
Where is your office located. I'm interested.

68C Coker Road by town planning way Ilupeju.
Please I will like to know when you will be coming so I can attend to you myself. Thanks

tinobrace:
Drops or Rises?

I mean difference does it make? What's the impact

The impact is that the Nigerian economy will be experiencing an imported inflation coupled with the domestic inflation we are currently witnessing. Reason being that we are import dependent . Buh again, there is an opportunity for local manufacturers because the fall of the naira means that imported goods will become quite expensive. Its actually not the best time for the Nigerian economy and the Buhari's led administration have alot of work to do.

mickey45:
Still sure about this?

Yes... However, the rate varies daily. As of today the rate is 11.55%. The fund is not tied to a tenure and your capital is preserved. So if it eventually goes below your expectation. You can always redeem your investment.


You can send me an email at kelvin.chiejine@arm.com.ng or call me on 09031599840 or 08121198293

Cation:
i have not been paid anything higher than 11.5% every quarter even when the rates were 12.5% and above

I will need to look into your statement... How long did you stay in the fund? Cos the last quarter payout was 12.45%

ednut1:
dont mind him, stanbic and fbns mmf are now 10.40 and 10.47 respectively and still still sliding,
see what FBN sent their clients. the truth is if the rates dont pick up , only alternative is business o
[b][/b]

Bros, seems you didn't get me right. The only reason I got into this discussion was because of mekaboy's intention of doing the 91days T.bills at the rate of 5.61%. And I don't think I offered him a bad alternative of a Money market fund investment with 11.55% 7days rolling rate of the fund as of today. And even the real business your proposing, banks are more skeptical because of the high credit risk. Banks are still more comfortable with the 5.61% that is certain, than lending to the real sector.

olujaidi:
The yield went below 10% in 2013. Plus, economic conditions have changed. if the TB rates stay this low, then it follows that the yield on the MMF will fall. What is the plan of ARM to post double digit yields?

https://www.arminvestmentcenter.com/individual-investors/products-and-services/price-history/

Thanks for pointing that out, sincerely apologize. Missed it up. Buh from the historical data you can see the fund has improved over the years. Our priority at ARM is to seek out maximum wealth creation opportunities that exists in the market for our clients that entrust us with their resources. And my advise for anyone not sure of what to do at this moment is; invest in the money market, reason being that its not attached to any tenure and you watch how things unfold. Since the yield at this point is still decent compared to T.bills and fixed deposit.

Please ignore any typo error.

feelamong:
is the yield guaranteed?

if yes drop me you contact details on feelamong@gmail.com

Actually the yield is not guaranteed. The fund goes with a floating rate and that gives our clients the advantage of earning when the fund does very well. It has done close to 14% before now, and the least it has performed since inception is 10%. So my advise is invest in the money market fund and watch it for a month.

Cation:
but i think management fee of 1.5% will be deducted from dat 11.5% cos i have a mmf account with u guys

Bro... The yield is net of fund manager's fee.

ednut1:
Bros u and i know MMF are invested in tbills . the MMF rates are dropping soon too

Lolzzz... Bros thats not entirely true. We invest in other instruments like bankers acceptance, commercial papers which an individual may not be able to access. The T.bills rate dipped since September, 2015. And yet, the yield on money market fund is doing far better.

just2endowed:
Let me see the light. Information is power

You can send me an email at kelvin.chiejine@arm.com.ng or call me: 09031599840, 08121198293

mekaboy:
too poor but might be investing in the 91 days while waiting for bond to pick up.

Bro ARM money market will give you a better deal than that yield on T.bills. As of today the rate is 11.51%

Following the success of the first phase of Townsville Estate, ARM Properties is now offering now plots for purchase in the Townsville Estate Extension.

Townsville Extension Estate is a gated layout development (with no infrastructure), located with in the Lagos New Townsville area.

Sharing a boundary with Adiva Plainfields, the Properties is strategically located to benefit from the on going upgrade & Extension of the Lekkk/Epe expressway and other developments by ARM Properties in that vicinity. Its located on Lekki/Epe Expressway Behind Beechwood Estate, Adjacent to Adiva Plainfields Estate, Ibeju - Lekki, Lekki, Lagos.

FEATURES

-Individual plots beacon
-Good title
-Fenced and Gated Estate
-Cleared roads
-Designated commercial and complementary uses
-450 (18×25) strategically metres residential plots.

Introductory offer: #4,485,000 per 450m2plot.
Price includes agency and legal fees.
Up to 4% discount applicable for one-off payment.
Payment can be spread to 18months.
Allocation will be made upon receipt of 75% of payment.

Note: The Estate will be completed and available for private development from May 2016.


Also ARM Properties still have for sale, Properties at Adiva, Fara park Estate, Cross Townsville Mall - Iju-Agege, Lakowe lakes Golf and Country Estate, Garden city Estate - PH, and Beechwood Estate.

For more enquiry please contact
Kelvin Chiejine
Tel: 09031599840, 08121198293.
Email: Kelvin.chiejine@arm.com.ng

Not surprised

Nice

ernie4life:
Oga we still dey wait for the update, am sure you are taking your time to get us the right info.

Boss will find time and give a comprehensive info about the rest. Thanks

Favolly:
Johnrake69 Please kindly answer this question.
Some of us are looking for 'greener' pastures in this money market

Actually the ARM money market fund goes with a floating rate. And since inception it hasn't done below 10% per annum. The idea is that your money yields something each day it stays with us; and the rate varies daily. The rate as at yesterday was 11.87%.

You can send me an email at kelvin.chiejine@arm.com.ng.

docadams:
.


Gracias!
But I am still going to Ecobank mane to see if the interest rate on my loan has dropped as a result of this monetary policy. Na that one concern me now.

It should drop going forward. Please make sure you confront them with your understanding of the policy.

sharpman1:
LOL......MPR @ 11% does not mean banks will lend @ 11%.

Also, TBill rate for 91days has dropped to about 5.6%

5.3% actually for 91days. And with this policy its expected to dip further.

oghenebiko:
The decrease in MPR is a welcome development. Bit me thinks dey should hv left d CRR the way it was (@25%). I dont think these banks hv liquidity issues as dey are not really interested in taking FDs these days. With d decrease in CRR, i may not be able rollover my FD as d rate will definitely drop further.

You can do the ARM money market. . Since the money market and the capital market share an inverse relationship. We should expect the capital market performance to improve.

TonyeBarcanista:
Technically, the constitution did. If we are to follow the SC judgement of the past, then we'll see that the case is very straightforward. Otherwise, why should people be calling for cancellation when the law never permit that? In fact, INEC has NO power to cancel result after announcement. FACT!

The truth is that some people are being partisan and senimental over this subject. The purpose of Vice/Deputy is for eventualities and not to fill space.

Bro I think your missing the point. The scenario you just analyzed is when a candidate has emerged as the governor elect. Now the election has been ruled inconclusive. So its actually not as straightforward as you think, remember there was suppose to be a rerun for 59 polling units. It will be unfair to have two different candidates complete one electoral process.