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Nairaland Forum / Nairaland / General / Investment / Mutual Funds (961171 Views)
Top 10 Mutual Fund Managers In Nigeria / Mutual Funds In Nigeria: Please Share Your Experience / Best Nigerian Mutual Funds To Invest In? (2) (3) (4)
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Re: Mutual Funds by gwinaB(m): 11:08pm On Mar 22, 2022 |
keeper303:4.31 |
Re: Mutual Funds by RayRay06677(m): 4:57am On Mar 23, 2022 |
. |
Re: Mutual Funds by javijabor: 9:51am On Mar 24, 2022 |
keeper303: Stanbic: 3.5 |
Re: Mutual Funds by Abbasmh(m): 1:58pm On Mar 30, 2022 |
Why is ROI on MMFs drastically reducing? Anyone with understandable explanation please? 2 Likes |
Re: Mutual Funds by ernie4life(m): 3:24pm On Mar 30, 2022 |
Abbasmh: Treasury bills is the reason. Fund managers invested in treasury bills last year when rate was 8+%, now the treasury bills are maturing and they need to reinvest in same treasury bills but at a lower rate of 4+% which is why the rates are down, Asset allocation limits them from investing in certain commercial papers so they are left with treasury bill. Analyst forecast that rates may go up from H2, let's watch how it goes. 3 Likes |
Re: Mutual Funds by ibechris(m): 3:27pm On Mar 30, 2022 |
ernie4life: ARM is as at today is 6.70% |
Re: Mutual Funds by ernie4life(m): 3:59pm On Mar 30, 2022 |
ibechris: It's dropping gradually based on maturity dates 1 Like |
Re: Mutual Funds by ibechris(m): 4:26pm On Mar 30, 2022 |
Re: Mutual Funds by Franky826: 5:52pm On Apr 01, 2022 |
FBN is 7.5% as at today( from my calculations) Meanwhile are they not supposed to compound the interest today is 01/04/22 Being the beginning of the 2nd quarter. My dashboard is still same. Interested not yet compounded. What's happening? cc emmasoft |
Re: Mutual Funds by emmasoft(m): 6:02pm On Apr 01, 2022 |
Franky826: Check again. it's done. Interest reinvested for ione customers. |
Re: Mutual Funds by Itsrm(m): 7:16pm On Apr 01, 2022 |
Franky826: Axa mansard is also yet to compound theirs but I'm sure they will. Just a little patience |
Re: Mutual Funds by bjtinz: 7:38pm On Apr 01, 2022 |
ernie4life: Chai! E just tire me.
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Re: Mutual Funds by bjtinz: 7:39pm On Apr 01, 2022 |
United mmf is even down to about 5%. Not encouraging at all. |
Re: Mutual Funds by athorello(m): 3:51am On Apr 02, 2022 |
Stanbic ain't doing me well at all. Rates to the floor. Piggyvest and opay be calling my funds.... 10% is still kinda safe. And I haven't seen any downside of using the major apps backed by MFBs. Or what do guys think? |
Re: Mutual Funds by izuugodwin(m): 7:27am On Apr 03, 2022 |
meeehn,too bad for stbc mmf no joy at all.switching over to opay,10% good for my liking.very sure they are reliable |
Re: Mutual Funds by ibechris(m): 2:10pm On Apr 03, 2022 |
ARM is trying . They compounded in the morning of 1st of April and I redeem my capital on that same day for an emergency...I got my money same day. |
Re: Mutual Funds by emmanuelewumi(m): 3:51pm On Apr 03, 2022 |
ibechris: Does that mean people are not keeping money in the banks again. |
Re: Mutual Funds by ibechris(m): 5:38pm On Apr 03, 2022 |
emmanuelewumi: People still keep money in the bank but smarter ones are now finding other avenues such as this. 3 Likes |
Re: Mutual Funds by emmanuelewumi(m): 6:25pm On Apr 03, 2022 |
ibechris: The money I have in the bank at any point in time is 100k, the rest are in Money Market Funds. They are redeemed whenever I have expenses 4 Likes |
Re: Mutual Funds by Frezhkid10(m): 6:27pm On Apr 03, 2022 |
emmanuelewumi:Do have any idea of coronation money market fund?? |
Re: Mutual Funds by netzro(m): 7:10pm On Apr 03, 2022 |
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 |
Re: Mutual Funds by ibechris(m): 7:19pm On Apr 03, 2022 |
emmanuelewumi: That is the way forward honestly. |
Re: Mutual Funds by emmasoft(m): 10:34pm On Apr 03, 2022 |
netzro: Going by regulatory procedures, all monies for a particular investment must be brought in with the same currency denomination of that investment, any other arrangement is peculiar to that investment house and you will need to engage them on that. For Investment one, to invest in VDF - Vantage dollar fund, you must bring in your dollars by transfer. Naira is not accepted for dollar mutual fund and vice versa 1 Like |
Re: Mutual Funds by Indigbo: 2:54pm On Apr 04, 2022 |
Can someone suggest a very short time 3-6 month where i can just dump this 30million and capital 100% safe? |
Re: Mutual Funds by netzro(m): 4:15pm On Apr 04, 2022 |
emmasoft:Ok |
Re: Mutual Funds by olystic: 4:49pm On Apr 04, 2022 |
netzro: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. |
Re: Mutual Funds by ernie4life(m): 6:12pm On Apr 04, 2022 |
Indigbo: MBA forest |
Re: Mutual Funds by bjtinz: 7:30pm On Apr 04, 2022 |
ibechris: Yeah I'm must confess that promptness and smartness of ARM is quite commendable. I have with 3 other orgs but will easily rank them among the best. 1 Like |
Re: Mutual Funds by bjtinz: 7:34pm On Apr 04, 2022 |
emmanuelewumi: Lol. But the challenge is if everyone starts doing this where will banks get money to loan others drive the economy |
Re: Mutual Funds by emmanuelewumi(m): 9:14pm On Apr 04, 2022 |
bjtinz: Currently running three loans and they are not from banks but from the subsidiaries of Asset Management firms 1 Like |
Re: Mutual Funds by bjtinz: 8:49pm On Apr 05, 2022 |
emmanuelewumi: Hmm. I see |
Re: Mutual Funds by Allboiz: 7:27am On Apr 06, 2022 |
olystic: The dollar transfer charges will spoil what he will get at the end of the day. There might even be loss sef. 1 Like |
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