singletech:


How far has this guy reply?? What's VA Method?

Nothing serious. I have mentioned him on crypto thread.

ernie4life:
Hello house,

For those of you interested in investing in dollar but can't source dollars, you can try Optimus by Afrinvest.

Optimus is owned by Afrinvest that is fully registered with SEC, Optimus is their app that smplifys invest.

With the Optiflex you can earn 5%(fixed) for dollars and 10% net for naira as at today, the app always offers you all of Afrinvest regulated mutual fund like

Afrinvest Plutus fund(money market fund) currently 10.76% net(as at today) minimum is 100 naira.

Nigerian international debt fund.(fixed income fund)

Afrinvest dollar FUND.
and Afrinvest equity fund.

You can download the app, name is Optimus by Afrinvest

Everything is on the app.

Thanks for this

FYI. https://www.nairaland.com/7681929/sec-blacklists-6-online-trading

Seems GTCO heard customers complaint and decided to do the needful

Apitch:
Seems GTCO heard customers complaint and decided to do the needful

what did they do?

Stanbic IBTC MMF is 10.44% effective yield today. Great time to invest

enque:


what did they do?

Online presence

Apitch:


Online presence

Do they now have an online presence?. There was no mail to that. Iam already planning on moving my investment from there. They took a good process over from Investment One and became incompetent with it. A whole outfit owned by GTB does not have an online presence nor a Mobile App.

NL1960:


Do they now have an online presence?. There was no mail to that. Iam already planning on moving my investment from there. They took a good process over from Investment One and became incompetent with it. A whole outfit owned by GTB does not have an online presence nor a Mobile App.

My brother, the thing is still a big blow to me even till this moment. When I first got to know of the purchase of the mutual fund business from ione I was celebrating I even told my clients then that they are in for a big thing. To say the least, I was disappointed. Not that clients' money is not safe with them but the services are missed. I just hope they will wake up to the reality soonest that fund management is more than just having a big name.

why is no one talking about axa mansard mutual funds

beausexy:
why is no one talking about axa mansard mutual funds

Do you use them? Kindly give a review if you do. Thanks

Good day everyone,

Pls I need an mmf that will allow me to open a joint account.

Also, can I update my existing Stanbic mmf account to a joint account.

pepe1:
Good day everyone,

Pls I need an mmf that will allow me to open a joint account.

Also, can I update my existing Stanbic mmf account to a joint account.

Stanbic does joint account. I am sure many others will too. Best to contact customer care directly if you want to switch your existing account.

sgtponzihater1:
Stanbic IBTC MMF is 10.44% effective yield today. Great time to invest

With the last NTB 364-day yield at 8.99%, this rate will definitely drop soon. AXAMANSARD is the most proactive among them - when rates improve, they're always the first to adjust their MMF rate upward and viceversa. Now AXAMANSARD MMF is currently 4%!

4% is too bad.

seyisanya:
With the last NTB 364-day yield at 8.99%, this rate will definitely drop soon. AXAMANSARD is the most proactive among them - when rates improve, they're always the first to adjust their MMF rate upward and viceversa. Now AXAMANSARD MMF is currently 4%!

Can someone help explain this balance fund?
I dropped small amount in United Capital Balance fund but the money is reducing instead

yak:
Can someone help explain this balance fund?
I dropped small amount in United Capital Balance fund but the money is reducing instead

It's a mixture of stocks and money market instrument. Stocks are volatile in the short term so the money market aspect is meant to smoothen that ride long term. If you had a drop in funds, then it would have been massive it was 100% stocks. As most balanced funds are 60:40 or 50:50.

Never put money you need short term in a stock based mutual fund or stock fund, you could loose money.

In practice balanced fund is for capital preservation and some growth in fund, or for older investors who cannot bear a short to medium term crash in their funds.

seyisanya:
With the last NTB 364-day yield at 8.99%, this rate will definitely drop soon. AXAMANSARD is the most proactive among them - when rates improve, they're always the first to adjust their MMF rate upward and viceversa. Now AXAMANSARD MMF is currently 4%!

4% bi ti bawo??!!

seyisanya:
With the last NTB 364-day yield at 8.99%, this rate will definitely drop soon. AXAMANSARD is the most proactive among them - when rates improve, they're always the first to adjust their MMF rate upward and viceversa. Now AXAMANSARD MMF is currently 4%!

If Stanbic mmf gets to 4%, I'll jump ship.

enque:


4% bi ti bawo??!!

I believe it won't stay down for too long but it's currently 4.4%, a sudden drop from almost 11%.

Rates may be down for long if you consider that the Unclaimed funds trust fund being proposed by CBN will invest in treasury bills.

This trust fund will be made up of unclaimed dividends and monies in bank accounts that have been dormant for 10 years.

So that is free money in the market. There is a reason those funds are unclaimed. Most of them belong to dead people whose heirs have no idea of the existence of such accounts.

So once CBN takes over, most of those monies will remain with them in perpetuity.
This free money added with insitutional investors with so much money to throw around, may motivate them not to raise rates.

sgtponzihater1:


It's a mixture of stocks and money market instrument. Stocks are volatile in the short term so the money market aspect is meant to smoothen that ride long term. If you had a drop in funds, then it would have been massive it was 100% stocks. As most balanced funds are 60:40 or 50:50.

Never put money you need short term in a stock based mutual fund or stock fund, you could loose money.


In practice balanced fund is for capital preservation and some growth in fund, or for older investors who cannot bear a short to medium term crash in their funds.

Thanks boss!

To the mothers and mothers to be in the house
HAPPY MOTHERS DAY!
You will enjoy being a mother even at your old age.

emmasoft:

To the mothers and mothers to be in the house
HAPPY MOTHERS DAY!
You will enjoy being a mother even at your old age.

Amen!

NL1960:


Do they now have an online presence?. There was no mail to that. Iam already planning on moving my investment from there. They took a good process over from Investment One and became incompetent with it. A whole outfit owned by GTB does not have an online presence nor a Mobile App.

Yea I received a mail from them with the link below
https://www.gtcoplc.com/what-we-do/asset-management

Apitch:


Yea I received a mail from them with the link below
https://www.gtcoplc.com/what-we-do/asset-management

This is 'what we do' and not an online access. I know what they do. That link will not give me access to monitor my VGIF. Gone are the days of customers calling. Pass this message to them if you have access to them.

NL1960:


This is 'what we do' and not an online access. I know what they do. That link will not give me access to monitor my VGIF. Gone are the days of customers calling. Pass this message to them if you have access to them.

I'm just here wondering how hard it is for GTCO to setup a basic self-service platform for users.
If na food n drink festival now, dem go carry first

NL1960:


This is 'what we do' and not an online access. I know what they do. That link will not give me access to monitor my VGIF. Gone are the days of customers calling. Pass this message to them if you have access to them.

Haa. I almost filled that form, hoping I could access my account online since I would be opening the account online. O ti lo

Gtco rate till yeaterday and they re still topping the chart among other fund manager. The true is that mostly the minority investor complain about dissatified of their services and their easyinvest link is still ok till now. interest is paid at the end of quarterly

juniorrate:
Gtco rate till yeaterday and they re still topping the chart among other fund manager. The true is that mostly the minority investor complain about dissatified of their services and their easyinvest link is still ok till now. interest is paid at the end of quarterly

is Easyinvest owned by GTCO or Investment-One?. If GTCO cannot come up with an online access, they should swallow their pride and use the Easyinvest of Investment-One.

NL1960:


is Easyinvest owned by GTCO or Investment-One?. If GTCO cannot come up with an online access, they should swallow their pride and use the Easyinvest of Investment-One.

when u paid something for premium, then who became the owner?