₦airaland Forum

Which app did you get this?

Gotocourt:
I withdraw from my MMF Account straight to my Ecobank . I use same Ecobank account to credit my MMF virtual account. Emmasoft is a member of the thread.

See today's rate.

I never knew Cardinal Stone is "bigger"

Where did you pull the stat from?

dgitrader:
Words on marble. Great advice. And still fresh and applicable many months after. Thank you

CS was negative yesterday

ollypass:
has the market topped? is the Dangote hype over ? are we begining to see a reversal from here ? CS peeps ..how was your returns yesterday?

When I checked early morning, I was like..oh my goodness..

I always check out the rate, but with the MPR reduction, I was expecting the worst and was eager to finally leave them, I endured that miserable 15% and wasn't ready for anything lesser anymore

,

Iamblessed8888:
Stanbic on 17% 😲😲😲😲. The OG is back in play

I just checked now....

They are forcing people to use their managed portfolio..

Hemarnuael1:
Please who knows trustbanc investment app. I've been on their investment through cowrywise app but top up for my investment on trustbanc has been stopped on cowrywise. Would like to know if they have their own app.

Hahaha

AncestralPowers:
They are all busy buying shares in Dangote's refinery..

No bi small thing o

Wahala

princezzz:
Its a bloody bath today, and this might be the trend for a while ooo.

What happened boss?

You tried making withdrawal?

CSblackpink:
I've reported Quantum Zenith to the SEC, and I'm hoping my request will result in something positive.

It's has lasted for long...

Na wao o

Rico1278:
Bear market

My units increased

doggedfighter:
Mine isn't in my account. I wonder what's wrong 😔

Of course

Hahahahaha

Rico1278:
So those that port to mmf,what’s your next step? Port back to equities😹🤩

You know there was a time I said something about taking profit and you asked me how

I didn't respond because I don't know what to say

But bro.... that was the time I bolted...I can't watch my profit from mid February disappear....I took out everything to MMF....

That way...I saved my profit and capital

Will re enter when the coast is clear

Meanwhile I left CS and Zedcret investments because it's my daughter's own... she has has TIME... she is only 8 years

Iamblessed8888:
I have recovered my losses from MMf already. I dont want to be greedy and loose it all. If i sell now and renter, i start building from where i stopped. If i wait till yakubu finish me, i start building from square one. That’s how i see these things

Na wao o

I didn't bother checking

truthbetold22:
Even Cardinalstone was negative. That tells you what you need to know about the Nigerian equity space.

Wahala

Hahaha

Candanyl:
I haven’t even made any gain since I joined Zedcrest and it’s over a month already at least Stanbic still gains n lose plenty sometimes. I don’t think this equity investment is for me . The Yakubu days plenty pass .Smh

I understand what you are saying....but at least, I have reduced my "loss percentage"

Iamblessed8888:
By taking profit, wont you expose your capital to the dip?

I didn't comment on this but I have done the needful

I have taken out my profit and rebalanced for now

I no fit watch my profit of almost 4 months since I started vanish abeg..

I am the GRAND manager of my portfolio....

Ensol:
I'd rather miss the first few minutes of the party than be there for the whole disaster. If avoiding a big loss saves me 30% and I only miss a 5% rebound, I'm still way ahead.

I regretted not taking my profit two days ago.... it was reducing small small... I thought I could manage that....it went down massively on Wednesday....I quickly acted.....

I need to take out my profit abeg....

thrugemaster:
Please what is your take on the current dip in Stanbic Imaan fund?

See as everywhere quiet...

Truthfully I didn't even check my portfolio for yesterdays update....

Make it just dey there

Negative?

Really?

I am not sure with mine

I wrote down the exact figure I started the month of May with on 4th of May

I did a cross check this morning....it's NOT negative o

auschris:
While still waiting for Afrinvest Equity fund to update for May 29, Zedcrest appears to be the only one of the equity funds I invest in that had a negative yield for May 29

Like I am tired of checking already

auschris:
While still waiting for Afrinvest Equity fund to update for May 29, Zedcrest appears to be the only one of the equity funds I invest in that had a negative yield for May 29

I did withdrawal from Paramount today and it has dropped since...

I did in Stanbic... received value since

All these withdrawals were requested past 12 noon today o... and I got value today

DataAnalyst2022:
But when he is investing his money, there was no suspicion. I just tried to cash out from CS, Cowrywise and paramount.

Cowrywise dropped within 5 minutes..I am still waiting for CS while I could not cash out from paramount at all.

Does anyone know when EF can be withdrawn from Paramount?

Imaan is just like their equity, but it's sharia compliant..

If you use Blunest... you will see it on the list of funds they offer

I am invested in it... likewise their equity and Ethical funds as well...aside their MMF

Started 16th February...the returns are much better than their equity ...

As at this morning...

Same amount invested
Imaan...40.4%
Equity...25%

All STANBIC

AncestralPowers:
Hmm you seem to be very confident with this Stanbic Imaan Fund, could you please educate us more on it..


I might give it a try, I have a normal mutual fund account with stanbic, do I have to open a separate account for the Imaan Fund?

How risky is this Imaan fund?

Is it compounded quarterly?

It's o o o

Iamblessed8888:
Seems yakubu is loading today again 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

Thanks Chris

I was surprised when he said it wasn't updated for Tuesday...

Because I noticed a very minimal movement and was grateful that it's wasn't a loss ...

I hope yesterday's loss wouldn't be huge ....I don tire for their shenanigans....

Stanbic loss was small as well

I tried Gtb balanced fund and equity with same amount when I started newly,before I closed shop and went into full equity mbok...both of them experience loss and gain....but equity was doing better...I vamoosed 😎😎😎😎

auschris:
They updated some funds on Tuesday.
Intangible gain on the equity fund (not enough to move the % 'needle').
7.03% loss on the balanced fund (unbelievable from a balanced fund).

On Wednesday, the equity fund gained 0.93% and the balanced fund gained 1.23%.

From when I started daily tracking, I've noticed GT drop the ball many times.

Where have you been boss?

cyrilex202:
Stanbic and paramount both red

Definitely.... hahahahaha

Will only confirm around 9:00 pm when they update their website..

Rico1278:
Is today yakubu?is stanbic yakubu

Surprisingly...

Gtb equity
Stanbic equity
Stanbic Imaan
Stanbic ethical

ALL was GREEN for yesterday...

But Zed, CS and Para gave us REDs....this whole thing is confusing o....

I was actually thinking "how bad" for those cousins up there when results were filtering in yesterday evening....was SURPRISED

Iamblessed8888:
Kanayakubu

NO

From what I saw on their site...both equity and Imaan are on KANAYO

I think Ethical is RED

PLEASE....I do not keep yesterday's return to calculate from o....I just interpreted what I "understood"

Abeg o o

Rico1278:
Is today yakubu?is stanbic yakubu today

The game changers in the pool are Afrinvest equity and Meristem equity..

UCAP is slowing it down....

ARM is also tagging along..

I have monitored it since mid February I joined

DataAnalyst2022:
I have funds with Paramount, CS and Cowrywise. I think Cowrywise EF is not doing badly either. It was for a few days they were on Kanayo but they are also doing Kanayo right now. In my opinion, I think Cowrywise EF will be among the top 5-7 in Nigeria.

I have not done withdrawal before

Exactly....by the time you apply for withdrawal....they will take the days profit...

Because....I would want to wait till they update to apply meanwhile the fund is actively trading that particular day as well...

My intention is to NOT withdraw everything.... leave the minimum entry balance which is 5k... with that, one is still invested..

Ensol:
@Bluearrow, @loriHamo have you guys initiated withdrawals from GTEF, how was the processing? I hate the idea of them having to update a day after trading because it means they get to keep the profit your investment makes

The cowrywise she mentioned is still equity naaaa

She wants to trim it to just two fund managers

She wanted to defend Paramount and send it to Zedcrest

Ogborokiri:
I thought everyone here are risk takers abi na mutual fund group be this

I was speechless

Arizona86:
So stanbic is telling me that they made a loss on Friday with ASI at 2.10%. It's okay!!