₦airaland Forum

I do not want to believe they are that bad.... my mind tells me it's a deliberate shortchanging/ rip-off of their customers.....

I am tired already....I want to re-base my portfolio with them....I made a withdrawal for some part of my MMF with them into my wallet....I never get value..... and I wanted to put the money in their Equity and Imaan fund o o

Made same day withdrawal from Cardinal stone....I have gotten value since yesterday morning....


Says a lot about traditional banks and fear of "online" app...

Mtchewwwssss

Harddiskng:
It is like Stanbic and gross underperformance are 5 & 6 now.

Why on earth is their Equity fund doing 10% YTD

People keeping money with Stanbic obviously have nothing better to do with it

Exactly....and the Saturday and Sunday earnings for MMF is updated together with the Monday earning around same time on Monday...

My observation..

rukyboy:
Ok

Good morning boss mî....
I just dey reason something......from cowrywise app....the pulled mutual funds is now 16.57%....i want to ask, what rate are they now using to compute daily interest for people that initially funded Trustbanc via cowrywise..... because obviously the rate is higher than the aggregate rate they quoted there?

Creditalerts:
only MMF can give such with conservative risk,if you no get mind to lose money commot body for equity o,especially if u be high blood pressure patient 😁 in MMF you make money without tears and you go sleep with your two eyes /peace of mind go wan finish you😁✌🏾


With 50m invested in either GT,cardinalstone,FirstAlly or Trustbanc MMF 15-20k daily is sure.


Bitter truth


I'm not an agent to any investment company just my personal analysis ✌🏾😁

What is GTb rate?

Where do you check?

Princewalexy99:
With GT MMF, if you invest with 30M, u would be getting about N14,600+ daily with their present rate.


So with 50M, You are guaranteed of more than £20k on daily basis!

Okay boss.....I want a little growth prospect....

Like 20% of ALL my funds to be in equity and dance with the seasons.....

I am NOT leaving mmf entirely..... imagine 2k on top 5M every day.....na savings account pro-max be that o o o

Hahahahaha.....

All these money I have invested is just around 600k....the gtbank own is my daughter's ( she has like more than 10 years to let the funds weather the storms)....

I intend removing 1M from the 5M in mmf to try Stanbic equity and Imaan funds....

What do you think boss?

Please note that I have NO immediate need for the money for now and even in more than 2 years time

Thanks for your concerns....it's well appreciated.....

Beeron:
please in as much as Equity investment is sweet now. Don't put all your eggs in one basket.

The economy moves in seesaw pattern with MMF VS Equity/Bond, so it will be smart to plant your seed everywhere.

Don't uproot from one completely to plant in a new one rather plant everywhere, in due time, you will enjoy the dividend/fruit from all investment.

Hahahaha

This your question e e e

We are falling over ourselves responding to his questions......e bi like him don blank us sef

bassdow:
How much have you got ?

Lol..... except for MMF.....there are no guarantees with other portfolios o o o

As for MMF.... maybe around 50M will surely give you around that figure you quoted

Lol

Sirchiboy:
How much can I put to be getting 15 to 20k daily

I am actually doing their mmf, equity and balanced fund...but it's with my daughters money....my daughter is only 8 years and not rich o

I started on January 22nd

Mmf .....110k.....1108 interest
Equity .....50k......3159 int
Balance..50K...2050 int

Make of this info anything you want, I don't know their rates....I only ask at the bank

Make nobody laugh my pikin o o.....na small girl

Uberchic1:
Is anyone doing GT equity fund by gtco? Can't find their ytd anywhere even in the app smh. But I'm seeing they did 80% last year as at Dec 24. Their customer service is also shit.

Chief abeg....what is the account number for CD equity.....I don't understand what I am seeing o o

9PSB as bank

Even JAMB enter for the account name...

Abasi mbok

The problem is from OPAY..

Let me use GTBank

EquityM:
Yes, I think she should put like 120k in a balanced fund and 80k in equity. If red comes, she might not handle it well. Anyway, Mama Equity wan fire..

I intend to leave it for long term....I have learnt that no matter what....equity mostly recovers with TIME....

EquityM:
Yes, I think she should put like 120k in a balanced fund and 80k in equity. If red comes, she might not handle it well. Anyway, Mama Equity wan fire..

I like different fund managers o o

Bulk of my funds are in MMF and Tbills

These are growth funds...

I might throw in 100k in balance but 200k goes to equity...

July far o o

Hahahaha

Jayce242:
Me I for suggest u put the 200k in cardinal balanced fund. From the screenshot a member posted above, it is almost at par with equity & far more profitable than mmf. Let it not be all are in equity since u are already in afrinvest equity & also proposing to join zrosk equity soonest, it is also good to spread tents. It is just a suggestion oh

Exactly

I have removed my money in trustbanc mmf to Afrinvest Equity...

I want go fidelity now and move 200k to cardinal equity.....these are funds I can play with.....

Mmf is childs play..... though I am waiting for my TBills to mature in Late July....Zrosk here I come

EquityM:
Better choice; the earlier, the better. When bear arrives, your profit will shield your capital from any losses.

From Zrosk right?

Just wow

EquityM:
The CSOF is 100m for minimum subscription. Individual trading is cool; however, the timing, stress, and also trade volume are what made me go for equity. I already made 500k+ in 4 days now with 9.5M as my capital. I only have 25,000 naira in MMF currently, as I see it as a savings pro.

I believe those guys make way more than the rates they update for their investors...

Lol

Congratulations though...

Harddiskng:
Why i dey always beat Cardinal Stone Equity fund by 1%

My deal still stands, I do my stock picks myself but any month they beat my % return i would invest in their equity fund.

Btw current I’m doing over 16% return in stocks, I am beating Stanbic Money Market fund, no be juju be that

I be woman o o... person mama o o

Abasi mî mbok

Salarys:
No, chief.

That Paramount is through Investnaija right?

I deleted the app....I tried funding and all payment options were unavailable except through Paystack and they charge over 1k to fund account

Mtcheeeeew

Uberchic1:
Zedcrest is now 23%. According to the January report, 97% if the fund is equities, while 3% is money market instruments. Paramount equity fund is sharing N2.44 per share in dividends but cut off date was January. The ytd as at yday is 14.39%. May today be greener than yesterday.

Boss did you invest in Zcrest?

Salarys:
1%? Afrinvest was never at 1% since I joined them.

Loss of #500 naira plenty for me o o

Abasi mî mbok...

mikeayus:
CS Fixed Income is red here today,but CS Equity is green.

Exactly....how did they expect people to invest in UCAP MMF with rate of 15:30% while there is another manager with 19.56%...make it make sense....

Even in equity....very high risk investment....I should be the one choosing the fund manager to trust my money with....

suckprick:
This cowrywise wan start to cheat people. They will now collect people's money, invest it on trustbanc themselves, get 19% and pay out 16.7%. Ojoro people. Make they sha preserve my money with them o. Make nothing do am at all.

Existing

t33why:
On your existing investment? Or new ones too?

Exactly....look at the rate for MMF.....why can't other managers increase their rate?

Trustbanc investors should kuku use Prime Pro

Uberchic1:
This is what I came to post about. And they pretty much forced me to update the app. I couldn't sign in cos the update prompt kept interrupting. Individual mutual funds are gone. Only mixed portfolios of several fund managers now. What a shame.

Existing individual funds are not affected at least.

Exactly....look at their Average for MMF...16.69%

Look at their equity....ARM was highest this morning with close to 12%YTD.... just look at the average they used...

Na them sabi shaaa......by the end of the week if I no understand their new shenanigans I go face front....na my money...my rist

Kalas

t33why:
I'll miss being able to move funds around in the cowrywise market without having to withdraw into my bank. That feature is so convenient kai

I just checked now....I saw the new update but I can still use my individual funds as well..

I topped up 100k yesterday for Afrinvest Equity....if they mistakenly try that rubbish....I am pulling out the 100K.....

t33why:
Yes, mine is still there and I can top up also. I think the new update is only applicable to new investments.

Na so I see RED the first time I invested....my eyes first blurry....hahahaha

Meanwhile....all my Equity did well, even my MMF with Stanbic improved with a very very little margin.....I was shocked to see negative in my Alpha fund ....

Shuoooooo...

Niiade:
Started my fixed alpha with CS on Sunday with my small 10k, lost today but good to see my work is in the process, as my oga said every Friday going forward we credit minimum 5k. A million this year my target. Then in two to three years I can move it to CSOF or Zrosk 5m is the goal. Roll out

Bro...na 15.30% I see for Stanbic o o o

Buhahahahaha

Creditalerts:
Remain bless always

More wealth and wisdom to you

The worst so far

15.36%

Promptlyn:
Please what's the interest rate for stanbic IBTC?

I will try Imaan too
I intend liquidating this week too

Their MMF is no more fit for purpose....

I really wanted to stick around but the whole thing is still nosediving.....Stanbic is big enough.....does it mean their fund managers are failing or what?

Gratefulme:
I'm liquidating my stanbic mmf, I'll try Imaan with some change and see. Just terrible stanbic don't show their ytd. They only show price of a unit

Please where do you get their daily rate?

I will be porting my 5M from Stanbic on Monday....

I have only about 110k in their MMF....

But I only know rate when I go to the bank and decide to ask

Ensol:
Yeah, 76k return till date on their MMF, don’t know if others would have yielded 100k on 5m

My earnings report did not include 07/02...it stopped at 06/02

EquityM:
Fixed income fund. Yes I factored in the red days, this week, I only had 1 red.

I just started using them...i have no idea

rukyboy:
Hi guys.

Pls. Guys here that use gtb mmf.

How long does it take to receive funds after redeeming via the mobile app.

What's the maximum that can be redeemed at a time?

Me wey get funds for Trustbanc, Afrinvest via Cowrywise....and Cardinal stone

Creditalerts:
easy o ,u want to join fintech? U can join us next year please🙂.

There Rate is getting worse

Preator:
Why? Wetin happen?