₦airaland Forum

Walahi boss....my gtb equity retuned 14k and 13k on Tuesday and Wednesday..... with only less than 600k capital o...

In my Stanbic MMF....na around 30M fit give me such in one day...😃😃😃😃😃😃

Meanwhile....the downs dey affect only my profit for now as I don get better profit since I started...

Hahahahaha

Preator:
Equity is fun sha for those who have mind. Put some money there on feb 18 and it has returned x3 of what i would have gotten via MMF even with STL/trustbanc rate (on paper, as it can still crash tommorow) .

Diversification and personal need is key though. Money in equities must not be what u need immediately, keep a portion of ur funds in mmf for rainy days.

In fact I asked CHATGPT......it told me they started equity in December and that I should watch from a distance first...

truthbetold22:
This is true. I just checked my app and there was a loss of over 1% on a public holiday. This is ridiculous. Uberchic needs to come and explain what is going on as he/she always has a defense for Zedcrest.

Whatever the situation, if this trend continues, I ll exit the funds even with a loss, I won’t mind.

When I checked them out and realized that the whole equity thing started in December.....I ran away...and dropped only 10k with them as a lady from there wanted to finish me with calls


Na the ZENITH own dey pain me.... I trusted them but.....hmmmmm

truthbetold22:
This is true. I just checked my app and there was a loss of over 1% on a public holiday. This is ridiculous. Uberchic needs to come and explain what is going on as he/she always has a defense for Zedcrest.

Whatever the situation, if this trend continues, I ll exit the funds even with a loss, I won’t mind.

Hahahaha

Emzedz:
Just checked zedcrest.. it's reducing oo.. ahhh

After some days....I found the form in my "promotions"

I might not be in your "inbox"

Bluearrow:
How come I didn't receive this form?
Did u get the redemption form immediately after initiating the withdrawal? I have sent their support a mail. I never knew zenith redemption require filling form to withdraw your funds, if not I for no try them at all. I hate such stress.

Please I need help...
I am struggling with filling that form please...

Edecyri:
GTB equity +1.85% (this gain shocked me)
GTB balanced fund -0.19%
Zedcrest equity -1.53%
Zenith ESG impact fund - waiting for update (I fear for this one seriously, it bleeds daily)

I don’t understand what Zenith is doing. After submitting my request for full redemption on 11th March 2026, I am still waiting for them to action it.

The redemption request form clearly stated that processing should be completed within five working days.

I will wait until Tuesday next week. If nothing happens by then, I will file a formal complaint and copy SEC. The investment continues to lose value daily, and this delay is unacceptable. Waste of time and money.

I did too...and one other guy as well....

But "someone" here keeps trying to shut people up....

Imagine....on top my own money...

@Truthbetold come o

mikeayus:
On Zedcrest, I see exactly what Iamblessed8888 sees, I have noticed that sometimes portfolio balance and Equity Fund balance are not the same even when I don't have any extra amount in my wallet nor any other fund within the app, I would expect both balances to be same always. I think someone raised this previously on this thread.

Like e e....I checked this morning.....

This march has eaten all the little gains walahi.....

Like....very small greens and BIG reds.... effectively wiping off the "greens"...

Na wao

cyrilex202:
And massive Red today. Successfully taken away the profit recorded on Monday and Tuesday

I think they are invested in PRESCO.... which was a sore loser yesterday....

dammiecool:
Ucap equity and balanced fund came out red.
Women fund did small green.

Gtbank credits my portfolio almost immediately.....

Jesusmylord:
Ordinarily, I am not someone who campaigns against any person or business. However, remaining silent in the face of injustice, poor practices, or lack of transparency goes against my values and what I stand for.

The issue here is not only about withdrawals but also the time it takes for deposits to reflect. How do you explain a situation where it takes up to a week for a deposit to reflect, especially during a bullish market, and by the time the funds are finally credited, the market has turned bearish? This is something I personally experienced with my last deposit with them.

My comments are not driven by any desire to bring anyone or business down. Investment is highly time-sensitive; delays can directly impact returns, and missed timing often comes at a cost.

For context, I have experience with multiple funds: two equity funds, a bond fund (NDIF), and a fixed deposit fund. My withdrawals from all of them were completed within 48 hours. Currently, I also have two active equity funds aside from ESG, where deposits typically reflect within 24 hours.

There is even another fund manager (which I prefer not to name to avoid appearing biased) where I made a deposit around 14:00, and the funds reflected almost immediately. Interestingly, I was credited with interest for that same day by around 16:30 because the market was bullish.

Lastly, Quantum Zenith sent me an email around 16:00 yesterday stating: “The request has been received and is being processed. Redemption is processed within 24-48 working hours.” It seems they may be following the ongoing conversations here.

Good morning ma and everyone.

I have initiated withdrawal from zenith assets management this night....

I do not know how long it would take... but at least I have finally taken the bold step

I have gotten the redemption acknowledgement mail...i will keep checking my email... for further action...

Me thinks the delays people complain about might be liquidity related....I raised that concern about their ESG... and I think someone here responded in reassuring manner....

My capital is incomplete, it never recovered.. and I am ready to count my losses and move on.......I would have left this money with them.... but the complains of delayed withdrawal is annoying me....I do not wish to keep my money with FM that would give me headache when I want out...

Meanwhile....I dreaded this moment, but I had to do this.....so I could get a place in the "waiting queue" already....

Who knows....it might take the whole year to redeem...my only consolation this night is that at least....I have started the process...

Never will I experiment with more than 5k again...

Good riddance to bad rubbish

Good night guys

Or could it be they intend to hold on to the money for 180days?

Jesusmylord:
Check your Promotions folder as well. The email may not appear in your primary inbox or even in spam, I’m not sure if this is intentional.

Honestly, their management is very poor. It takes about a week for a deposit to reflect, and the worst part is that withdrawals is taking up to two weeks now, with no clear indication of exactly when the payment will be made. What if someone has an emergency and needs the money within 72 hours?

On top of that, after going through the stress of filling two forms; a redemption form and a refill/update form. You practically need fasting and prayer before your withdrawal is processed.

My only advice to them is that if they are not ready to run the business properly, they should consider shutting down the mutual fund operations, because the current process is not investor-friendly.

Wait.... you filled all the forms already?

Chaiii....I wish I invested only 10k.....I would have forgotten it there and moved on...


Where do I start?

😥😥😥😥😥

Jesusmylord:
Check your Promotions folder as well. The email may not appear in your primary inbox or even in spam, I’m not sure if this is intentional.

Honestly, their management is very poor. It takes about a week for a deposit to reflect, and the worst part is that withdrawals is taking up to two weeks now, with no clear indication of exactly when the payment will be made. What if someone has an emergency and needs the money within 72 hours?

On top of that, after going through the stress of filling two forms; a redemption form and a refill/update form. You practically need fasting and prayer before your withdrawal is processed.

My only advice to them is that if they are not ready to run the business properly, they should consider shutting down the mutual fund operations, because the current process is not investor-friendly.

We dey the same ship o

I took my money from CD to zenith...

I am regretting it.....

Even to pull out what they remained for me tire me o

Bluearrow:
To think I took some money from my CS equity to zenith balanced fund. Chai! Worst investment mistake of last month. Even when every other platform record green, my balance still keep depreciating on zenith. I don't understand what they trade on.

What are those companies?....

Their products? Services?.....Any idea?

Good morning all

djavo:
Why TrustBanc is offering it

Companies in the TrustBanc group have issued commercial papers before to raise funds, including several billions of naira through the FMDQ market.

They have also redeemed past commercial papers at maturity, which is a positive sign for credit reliability.

So offering CP is normal for asset managers and financial groups.
Source: Chatgpt, March 2026.

How o o....

I didn't know that assest management firms can issue CP for themselves....

Alaska90:
I hope this is not a sign of wahala in the house oh

Meanwhile what is happening to Zenith balanced fund?

Do they ever record GREEN?

I just remembered to check this morning.....

Na wao o o

Seems they have swore to finish my money with them o o ómó....kîlodé?

Meanwhile....as una put 10M in equity.....any day wey e go green.....na better money o o.....

Chaiiii....I feel the frustration in your message

I have equity with Stanbic too....the truth is that my capital isn't affected yet....

But bro.....can you give it time?....let it recover?.....

Meanwhile.....if you can.....do not put all your funds in equity since you are a beginner like me.......

Take things easier......

The truth is Equity is the only REAL fund "grower".....

Just start with like 20% of all your investment funds .....

Good luck

Mixology:
Please I need help oh, Stanbic equity is dealing with me. I have lost almost 250k, from my 10m there in just one week. I hope it recovers after which I’m going back fully into mmf and funding it aggressively. Damn!

I just checked o o

GTB and Afrinvest returned red...

Na wao o..

Was thinking I would get a small break today ....but naaaa

cyrilex202:
Gt equity red massive Red today

I tried too...

Abeg o o o

dammiecool:
Spot on.

I tried it too e no work

Afrinvest returned RED

cyrilex202:
I pray we see green too on stanbic oooo. I don hear word this week

Wahala.....I will still hang on till end of march before I will run ....

I knew they were trouble when it took centuries for my funding to reflect....it will definitely take millennium for withdrawal....

Na wao o

Are they newbies?...... Abi na mental health patients thy employ as fund managers?


🙄🙄🙄🙄🙄🙄

Bluearrow:
Zenith case is different. Since I made deposit to zenith 2 weeks ago it has been consistent loss. Capital just keep reducing everyday. Even to withdraw my funds since last week, no way. Very bad fund manager.

A month?.....I did their balanced fund though......

Hmmm

Thank God na 100K I invested o o o

Na 98k they remain for me 😀😀😀😀😀

Abasî mî mbok....

I go soon vaamooseeee from there too....

I ran from CD...

Meanwhile surprisingly.... Stanbic Imaan returned green yesterday

dammiecool:
I've been there for almost a month I never recover my capital.

The gt equity i started same day is making progress.

My money with zenith has not recovered the initial negative deposit sef....

I will leave it there till it balances up o...

dammiecool:
Ucap update the following day.

I may move more funds to gtb

I Don intiate redemption for Zenith since Monday I don submit form I dey wait make den credit me I no dey do with them again.

I think he gets the idea from the stock market performance for the day.....

When one has an idea of the major holdings in an equity.....the person can accurately guess their fund performance.....

This is a RED week already.......

dammiecool:
Make he give us update

Gtbank equity loss is almost insignificant abeg....

UCAP updates faster naaa....why are you still waiting for them to update even this morning?......

dammiecool:
Nawa make i wait for ucap.

GT equity loss seems to be moderate.

Where do you get the update from

cyrilex202:
Another massive Red today on stanbic equity

What?


O boy

The capital should be huge though...

Youtodo:
26k!!! A big loss.

I lost over 220k in all my investment with Stanbic Only ( Imaan and Ethical).

Na this kind time dey make person thank God say na only Monday to Friday.....shuuuuu

😎😎😎😎😎

Gtbank has been trying so hard to record almost insignificant loss and am very grateful for that

afrinvest and UCAP couldn't hold it together anymore.....

Thank God it's Wednesday already....make this week do finish mbok......kîlodé gan gan?


Elédumaré come o o

dammiecool:
With ucap increase in YTD yesterday it still ended witn reduction. I'm not understanding again o.
Stanbicibtc was very red, gtb n Zenith didn't change

Me too....my own never recover

Gratefulme:
Chai. My capital for zenith balanced fund never still recover. I'll never invest in any yeye balanced fund again. It's either equity or mmf for me.