newreality:
I dey about to run away from anything with dz company name. I've been trading stocks through them for some time now, I hardly get information about the amount a stock is bought or sold on my behalf except I asked & it will take them weeks to respond & God blessed them with a good lady that always answer call when body do her , she go talk down on person always making person feel sad for even calling to seek information.

newreality:
I dey about to run away from anything with dz company name. I've been trading stocks through them for some time now, I hardly get information about the amount a stock is bought or sold on my behalf except I asked & it will take them weeks to respond & God blessed them with a good lady that always answer call when body do her , she go talk down on person always making person feel sad for even calling to seek information.

@newreality. I have escalated your concerns to top management and they regret the inconvenience experienced deslings with Norrenberger.

Please as a matter of importance and to appreciate and make it up to you, kindly get in touch with your details so as to have a proper resolution of the issues raised.
The management is not taking your feedback for granted. Kindly reach out to me.

Thank you.

chimex38:
Please house,
Is a 10% average yield on a 1Million Mutual Fund capital per quarter or per annum?
Like:
100k payment each quarter of the yr?
OR
25K payment each quarter of the yr?

ernie4life:


25k per quarter.

emmasoft:


Sorry about that. Things are getting improved. However, I will relate your feedback to the appropriate authority

I am actually in the mutual fund segment that is what I sell for them. I can assure you u will have a good experience. I will personally make sure that happens.

ernie4life:



Just wow! So you mean they don't send contract note after the buy stocks? That is not good.

newreality:
I pray Ur gospel enter them & they work on in, because even as at now, d stocks I bought & sold through them about 2 months again. No genuine feedback back other than just "we have executed your request" that's all,

emmasoft:

@newreality. Sincerely I personally took the matter up and it has got to the top management and particularly the MD of the company, he wants to speak with you.

Please as requested by him, I wish to have your details so that he can get in touch with you.
Kindly chat me up since those details can't be share here for obvious reason.

The MD, personally requsted to speak with you but I told them I met you on a faceless forum so I don't have your details. Kindly let me have your details because your feedback is greatly appreciated and your sincerity is acknowledged.

newreality:
Okay Sir.

I will ask someone to contact you hopefully by Tuesday.

Thanks for your responses.

spiceeamiee:
Hi guys, if you have a dollar mutual fund with Stanbic IBTC, how do you find it? Also what bank do they use for it? You know how their naira mutual fund payment is for UBA bank, what bank do they use for their dollar fund?

freeman67:


Funding of dollar mutual fund account right now is not a very easy process except, the CBN relaxes the rules or you look for a mutual fund that will do the exchange for you at their own rate.

freeman67:


Funding of dollar mutual fund account right now is not a very easy process except, the CBN relaxes the rules or you look for a mutual fund that will do the exchange for you at their own rate.

ytdivine:


Can't somebody get dollar from Aboki and paid into dollar fund account?

ytdivine:
@Emmasoft, please throw more light on dollar mutual fund.
Thanks

emmasoft:


Dollar mutual funds is just like any other mutual funds ie collection of funds for some specific investment in selected assets and managed by a professional (fund manager) in this case norrenberger. The difference between dollar fund and others is in the currency it's dominated in and the underlying assets.
Dollar funds is dominated in dollar and the underlying assets is eurobonds. It's also in the meduim risk classification of investment by risk tolerance. The minimum holding period for NDF is 90 days. Unlike MMF that is 30 days.

You can chat me up if you need further clarification


NDF and Features

The Dollar Fund is a collective investment scheme, registered with the Securities and Exchange Commission (SEC). The objective of the Fund is to hedge against currency risk while providing liquidity and competitive returns to investors. The Fund is targeted at Retail Investors, High Net-worth Individuals, Africans in the diaspora, Local and Foreign Institutional Investors seeking Dollar dominated investments. The Fund invests in Sovereign & Corporate Eurobonds and dollar denominated money market instruments.

Features
Return on investment is competitive and tax free.
The Fund is open-ended and constituted under a Trust Deed.
Quarterly dividend payment or reinvestment.
Redemption of units within the first 90-day period attracts 20% penalty charge on accrued return.
Redemption is processed within 5 working days.
Online access available to monitor fund performance.
Diversified portfolio in dollar denominated instruments.
Minimum subscription is 5 units and subsequent addition of 1 unit at the prevailing price per unit.

emmasoft:


No it's not allowed by the regulators. It must be by transfer.

ytdivine:


Can I transfer from dollars saved in my domiciliary account ( foreign earned and Cash deposited from aboki)

emmasoft:

COMING SOON!!! UP TO NGN[150] BILLION FEDERAL GOVERNMENT OF NIGERIA SERIES VI SUKUK ISSUANCE

Watch out if you are interested.

dejiotus:
Good morning EmmaSoft and other gurus in the house.
Is N500K now the maximum amount that can be transferred to fund Stanbic Money Market Fund account?
I tried to fund my Stanbic MMF account after a long time and I was surprised that I was restricted to only 500K naira.
Many thanks.

dejiotus:
Good morning EmmaSoft and other gurus in the house.
Is N500K now the maximum amount that can be transferred to fund Stanbic Money Market Fund account?
I tried to fund my Stanbic MMF account after a long time and I was surprised that I was restricted to only 500K naira.
Many thanks.

emmasoft:


There is no any form of restriction. It could be the limit from your bank on transfers using the bank app. The only restriction I know is for Tier 1 account which is actually for financial inclusion where 20k is the maximum single transfer and the account cannot hold more than 200k, outside this there is no restriction whatsoever
Kindly check with your bank.

ytdivine:


No, just paid #4m into my existing account yesterday

ytdivine:


Can't somebody get dollar from Aboki and paid into dollar fund account?

emmasoft:


Dollar mutual funds is just like any other mutual funds ie collection of funds for some specific investment in selected assets and managed by a professional (fund manager) in this case norrenberger. The difference between dollar fund and others is in the currency it's dominated in and the underlying assets.
Dollar funds is dominated in dollar and the underlying assets is eurobonds. It's also in the meduim risk classification of investment by risk tolerance. The minimum holding period for NDF is 90 days. Unlike MMF that is 30 days.

You can chat me up if you need further clarification


NDF and Features

The Dollar Fund is a collective investment scheme, registered with the Securities and Exchange Commission (SEC). The objective of the Fund is to hedge against currency risk while providing liquidity and competitive returns to investors. The Fund is targeted at Retail Investors, High Net-worth Individuals, Africans in the diaspora, Local and Foreign Institutional Investors seeking Dollar dominated investments. The Fund invests in Sovereign & Corporate Eurobonds and dollar denominated money market instruments.

Features
Return on investment is competitive and tax free.
The Fund is open-ended and constituted under a Trust Deed.
Quarterly dividend payment or reinvestment.
Redemption of units within the first 90-day period attracts 20% penalty charge on accrued return.
Redemption is processed within 5 working days.
Online access available to monitor fund performance.
Diversified portfolio in dollar denominated instruments.
Minimum subscription is 5 units and subsequent addition of 1 unit at the prevailing price per unit.

spiceeamiee:
Please send me deatils and account opening form for this on mimidec49@yahoo.com