₦airaland Forum

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.

Wow.....

That's big loss....

I just checked mine now.....RED....

truthbetold22:
They did not. I lost 26k

I wanted to ask where he checked it...

Blunest is till 12am

dammiecool:
Massive red for wetin den never update on blunest.

Or there is another place where u dey check.

I put 100K

I will forget it there as well...

Gratefulme:
I suspected as much. Na only 500k I put there. Ill just forget it there. Their wahala go too much.

I do not understand why even some bank staff discourage people from even MMF.... talking about insurance bla bla bla..

I had that same fear.... infact....I started with fixed deposit @7% ....then migrated to Tbills......MMF.....Equity

I first read about MMF from Facebook but didn't bother...I later decided to search for info on Google and landed in Nairaland from there.....

But this thread ultimately led me into investing in equity....

Iamblessed8888:
Lol you are right. They should have official reps here.
I used to think equity is where you put money and wake up and it vanishes. Come to find out there’s even a +|_ 10% daily shield on upside and losses.

Yes....I noticed...

I tasted the waters with small 10k in both of them....

I will be throwing in small change there going forward as well..

EquityM:
Yes, but Paramount and Zedcrest did well this week, and Zrosk as well. Nevertheless, we hope for better gains, and once Dangote launches his refinery shares to NGX, the market will go nuts. Lastly, the key to equity is timing; head out to the market earlier to see gains before the sluggish season starts.

This week was very very slow....even days the ASI were nominally "green"...

Some portfolios returned RED....but the only take away from this is that it was minimal.....in some instances almost negligent....

Happy weekend my people....

EquityM:
I began at the end of January. Enormous profits from Zrosk. Additionally, the market was a little slow this week, but it will soon pick up steam.

Easy bros.....they showed me shege and the mail I tried to send bounced back....

I forgot about the money and only remember to check one morning while I was discussing investments with a friend and boom...I saw it had reflected less the whole amount shaaaa.....

I would never "top up " .....not interested in the same wahala abeg

dammiecool:
I go soon comot my money from there.

Hahahaha.... are you not going to FUND the portfolio?

Meanwhile.....be explicit so you can get help....


Which account did you open
Which app
Which account were you asked to pay to?( Usually, the custodian is always different from the initiating "bank" Incase of Stanbic(UBA) I think Gtbank is Citi Bank or so

Thanos1000:
Thanks boss
Really appreciate. I opened the app already and locate the MMF. Went through all the process but it says I'll transfer the money to another account.. Had to hold on right there. Thought I won't be transferring any amount and it'll just to be to register and that's it... Pls is it how it use to be

You can actually get info in Stanbic IBTC and GTBank customer service IN THE BANK.... about their MMF...

Thanos1000:
There were some people that asked about how to start and they were directed to go to their banks. That was why i did the same thing

I use INVESTNAIJA app

Iamblessed8888:
How do you invest in equity MMF using paramount app? When i click invest, the only thing i see is individual stocks

It was green yesterday....

Good morning boss

EquityM:
Do not enter, run, flee, and never look back. How is your Paramount? It did well yesterday.

Looks like the Alpha funds is taking a "bungee jump" abi na nose-diving....

EquityM:
CSOF at 55% YTD. It might do 100+ YTD by the end of the year.

Lol

Are you joking or something?

doggedfighter:
Wow, project just from earnings.

You must have up to a billion there .

Wow !

I actually entered before the "merging"

Preator:
How are you enjoying the NGX? Are you doing the ARM/Meristem/Afriinvest/Ucap mix or you entered before cowrywise did their amalgamation of funds?

I follow complain that thing o

In fact I am waiting for 90 days to vamooose from there.....

I no do again mbok

Iamblessed8888:
Infact even if some fund managers are doing 100%, i no do 😂😂. Fund administration is more important for me than fund performance.

Someone was complaining on the other group that you see different amount when you click different places on one app like that 😂😂

Make @Iamblessee8888 no see this your message....na another round of bashing for "mushroom" fund managers be that o

Hahahhahaha

😎😎😎😎

bassdow:
So a particular Fund manager after almost 5 days, choose to drop 1-day worth of interest. What about the rest ?

e be like say I go just siddon with those who update daily as I hate not knowing what's happening. Difficult telling what rate was used.

Na wao....

Not updating daily is a recipe for "scam" abeg....

Infact....it should be updated at the close of work sef...

Cowrywise update my Equity as e dey hot for NGX "market "

Gtbank update before 5:pm

Cardinal update before 8:pm

Stanbic update @12:am

Anyone that can't show me my funds performance soonest is not for me

bassdow:
So a particular Fund manager after almost 5 days, choose to drop 1-day worth of interest. What about the rest ?

e be like say I go just siddon with those who update daily as I hate not knowing what's happening. Difficult telling what rate was used.

Thank God I experimented with just 10k in both Zedcrest and Paramount

In zedcrest....any where I click na different figures I dey see....me no come understand again o o

Once it complete their holding period....any amount wey dey remain for me...I go commot am sharperly and DELETE the app

Same goes to Paramount....

Meanwhile I will refund my Cardinal equity and forget the money there ... that app is so user friendly.....

I won't do follow follow and download any yeye app again........

Tueh

Salarys:
Welcome to the club

Hmmmmm

No wahala

But my own updates SAME DAY

good morning o o

Youtodo:
I have said this previously, GT equity doesn't update same day. Yesterday's return will reflect today.

Happy Investing

Gtbank equity retuned RED...

Just wanted to clarify that

EquityM:
This week has started well, and we expect to see greens across all equity fund managers as a result of the momentum from MTN, Dangcem, and Aradel. Let us hope that no profit-taking occurs tomorrow. Finally, I do not recommend investing in the Zenith ESG unless you are comfortable with volatility.

I decided to throw in 100K....I won't top it at all again

I have lost internet abeg

Mtchewww

dammiecool:
They don't appear serious to me.
I've stopped further investment with them.

Boss.... good afternoon

The money I transferred to Quantum zenith on Thursday, which was acknowledged in an email and I was also told that the investment will take effect the next business day... being Friday the 27th.....up till now....it has not even reflected on my app...no to talk of "working" for me...

These guys ...take our money, trade with it and won't even let it reflect on one's portfolio....

I do not believe my money is "hanging" somewhere......this is the second business day they have "traded" with my money for their own gain.....

Hmmmmm

EquityM:
Most do 1%, 1.5%, and 2%.

The NIDF from Chapel Hill?

EquityM:
Haha, if you want a good fixed income with a higher yield, try the DMO from the federal government; it starts with 50M, and once you are in, the rate stays there automatically for 10 years. Another alternative is NIDF; it pays around 24YTD per annum, but it's like a share—you have to buy it from the stockbrokers.

Don't give all your money for equity to ONE fund manager...

Seems you like "banks"

Stanbic, Gtbank is there.... zenith does not do PURE equity....

Mixology:
Thanks for your advice bro. I just checked, Stanbic equity has been consistently doing well in the last 3 years, and actually did 65 percent last year, maybe I’ll put 10m there and leave 11m in mmf.
Hopefully it will do at least 35 percent for me this year

Hahahaha

So no be only me RAN away....like you said earlier....they concentrate on their CSOF and leave others to awilo..

I bolted on Thursday night abeg...

I first ran away from their fixed income.......then wanted to bolt from their balanced fund and kuku took out my equity too...

EquityM:
You're on point, bro. It falls heavily like a dry leaf in the winter season. The red is more aggressive and unending in recovery, unlike equity, as you mentioned. Bless God, I ran away from its unending drama. It was 6.30+ YTD as of Friday.