₦airaland Forum

enque:
i left them cos there's no online app/platform to monitor my funds, I always have to send mails for statement, balance, withdrawals etc and these are basic things that I should be able to do on my own.

Please share their mail address with me. Since yesterday I have been sending mails to my account officer and their mails that I have with no response. I have even called their phone number.. its beginning to look like they're scam. I have been running the mmf since 2018 without withdrawal only funding it. I advise everyone to just remain with Stanbic or Fbnquest to avoid stories

sgtponzihater1:
Glad you're sorted now.

Let us discuss about other mutual funds. I just found out that different assets management organization quote different Bid and offer prices for the same fund types. And I do not know how they calculate the yields or some of them quote total return. I think they do these to deceive intending investors.

tunlex01:
Let's wait for further updates from VIc.

Hi tunlex01
I have been waiting for 491 grant since April 2020 without any CO contact. I have been considering doing reassessment and English test. To apply for 189. What do you think.

binaflexia:
Hey guys! Which MMF has the best rate for a long term investment?

You can try Stanbic IBTC balanced fund. I think the 3&5 years rates has been good.

pizapato:
Greetings oga boss

Please do you know any of the asset management company that use First bank as custodian. I have a domicillary account with FBN, hence I'm trying to avoid transfer charges.

The following are my findings for now:
Asset Mgt Custodian
1. United Capital FCMB
2. FCMB Ass Mgt Standard Chartered Bank


Information about the custodian of FBN Quest, Stanbic IBTC Asset Management and others will be greatly appreciated

Anyone with information on the custodians of other asset management can kindly update the list.

Gracias

Fbnquest uses first bank
Stanbic uses standard chartered

msrhema:
Good morning house. My husband and I are interested in migrating to Australia. I have tried to follow this thread but I need some advice. Below are our details for you to give us advice

Age: 31
Occupation:Tax Accountant 4 years experience
Qualification.: Bsc Accounting and finance
Msc logistics
Ielts score : listening-8, Reading-8, Writing-8, Speaking-9
Overall- 8.5

Husband
Age 39
Occupation: Management consultant (Accountant)
Qualification: Bsc Accounting, and ICAN with over 13 years experience
IELTS SCORE: Listening-8, Reading-7.5, writing-8, speaking 9
Overall - 8

Please what are our options?
Can I claim tax accountant without professional qualifications?
Can my husband’s ICAN certificate be evaluated for better points?

Whose profile will look better as a primary applicant between my husband and I?

Thanks a lot guys.

Hello madam, please can you guide me through on how to smash this IELTS to obtain a score like yours. TIA

Blinking44:
Please what is the current interest on stanbic dollar fund account (in percentage). Which of the bank has higher rates! Thanks

It's not the highest in the sector. I think that of fbnquest or united capital should give you a higher rate of about 4% annual

Allboiz:
The dollar transfer charges will spoil what he will get at the end of the day. There might even be loss sef.

That's why you have to be strategic about it, by choosing the fund with the custodian bank that you can easily open a dorm account with for easy transfer of your funds. I will like to open the Vantage dollar fund but their custodian bank Citibank do not want to open a dorm account for me.

netzro:
Good evening fam

I want to move from Stanbic IBTC MMF to their Dollar fund, my question is the initial deposit of $1000 what rate will be used?

Can I effect the change directly on the app?

Any other advice.

Thanks

Withdraw your funds and source your dollar from BDC at #585. Then open a dorm account, pay the dollar into the dorm account. From the dorm account you can transfer to ur Stanbic dollar fund account.

ernie4life:
Use any investment company registered with sec but you can DM me for my personal recommendation

Hello
Please I also sent you mail in respect of the recommendation for the eurobond investment for which coy.

[quote author=Foodempire post=108152066]Does the total (size) assets of an investment company determine how strong they are and how liable to fail or stand?

Which is the strongest among FBNquest, stanbic ibtc, united capital? United capital gives 9% on money market currently while stanbic gives 7.5% or less, I wonder this big gap. I want to trade with the strongest brands,hence this question, and by the way does it matter to choose the strongest when investing In money market when each have different custodian ?[/quote

They are almost the same. There is a way stanbic calculate theirs. They reinvest your interest quite often unlike the others that do so quarterly.

emmanuelewumi:
Do you have an account with Citi Bank

No sir, I will like to open a dollar account with them.

emmasoft:
That is where DD, investment objectives/personal strategy, volume of funds, risk tolerance etc. comes to play.

Rate is at range of 4-6%

I am interested in VDF but my issue is opening a domiciliary account with Citi Bank. I went to the Citi Bank at Oban akran ikeja, requested to open a dorm account. The guy there gave me a pre authorization form to fill and told me on submitting, it will be sent to head office at VI. When approved they will get back to me on documents to be submitted. This occurred last Thursday and I have not yet been contacted by Citi.

Greatnnamdi:
Good evening guru,

Please which state is good for a score of estimate 70 points as a fitter general.

Am looking in the near future because of work experience point gain.

Thanks...

South Australia, Tasmania