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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 ernie4life(m): 8:51am On Sep 04, 2023 |
newreality: Just wow! So you mean they don't send contract note after the buy stocks? That is not good. |
Re: Mutual Funds by emmasoft(m): 11:04pm On Sep 04, 2023 |
newreality: |
Re: Mutual Funds by chimex38: 9:15am On Sep 10, 2023 |
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? |
Re: Mutual Funds by ernie4life(m): 10:09am On Sep 10, 2023 |
chimex38: 25k per quarter. 1 Like |
Re: Mutual Funds by chimex38: 11:38am On Sep 10, 2023 |
ernie4life:Danke Sehr |
Re: Mutual Funds by newreality: 1:28pm On Sep 10, 2023 |
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: |
Re: Mutual Funds by newreality: 1:34pm On Sep 10, 2023 |
Hmmmm, that's my reality & even when they do, I would have begging for it for weeks if not months. I'm always in d dark about d price movements of my stocks & dz has cost me heavily because it hinders from making timely decisions about stocks to sell or buy. ernie4life: |
Re: Mutual Funds by emmasoft(m): 1:51pm On Sep 10, 2023 |
newreality:@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. 5 Likes |
Re: Mutual Funds by newreality: 5:31pm On Sep 10, 2023 |
Okay Sir. I will ask someone to contact you hopefully by Tuesday. Thanks for your responses. emmasoft: |
Re: Mutual Funds by emmasoft(m): 11:31am On Sep 16, 2023 |
newreality: Want dollar mutual fund investment without Dollar? Norrenberger is the answer Get in touch for a SEC regulated firm to use. |
Re: Mutual Funds by emmasoft(m): 11:41am On Sep 16, 2023 |
Want dollar mutual fund investment without Dollar? Norrenberger is the answer Get in touch for a SEC regulated firm to use. |
Re: Mutual Funds by spiceeamiee(f): 12:43pm On Sep 23, 2023 |
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? |
Re: Mutual Funds by freeman67: 7:35pm On Sep 23, 2023 |
spiceeamiee: 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. 1 Like |
Re: Mutual Funds by emmasoft(m): 2:54pm On Sep 24, 2023 |
freeman67: Exactly. If your dollar in your dom account was an inflow, you can do the transfer otherwise no way to fund the account because of the CBN rules. However, of recently because of this issue of funding I pitch my tent with Norrenberger when it comes to dollar fund. Norrenberger will accept naira. Just as @freeman67 said, the conversion rate will be at Norrenberger exchange rate, most times slightly higher than black market rate. The last one I did for a client was done at 970/$, that was early last week. It's daily valued. If you want to go with Norrenberger get in touch with my number displayed on my signature. 1 Like 1 Share |
Re: Mutual Funds by ytdivine(m): 3:17pm On Sep 24, 2023 |
freeman67: Can't somebody get dollar from Aboki and paid into dollar fund account? |
Re: Mutual Funds by ytdivine(m): 3:19pm On Sep 24, 2023 |
@Emmasoft, please throw more light on dollar mutual fund. Thanks 1 Like |
Re: Mutual Funds by emmasoft(m): 3:31pm On Sep 24, 2023 |
ytdivine: No it's not allowed by the regulators. It must be by transfer. 2 Likes |
Re: Mutual Funds by emmasoft(m): 3:57pm On Sep 24, 2023 |
ytdivine: 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. 3 Likes 2 Shares |
Re: Mutual Funds by ytdivine(m): 9:07pm On Sep 24, 2023 |
emmasoft: Thanks for the explanation 1 Like |
Re: Mutual Funds by ytdivine(m): 9:10pm On Sep 24, 2023 |
emmasoft: Can I transfer from dollars saved in my domiciliary account ( foreign earned and Cash deposited from aboki) |
Re: Mutual Funds by emmasoft(m): 9:42pm On Sep 24, 2023 |
ytdivine: Cash deposited can not be used. The rule is that the way the dollar enters the account is the way it should come out. Most of the rules are set by CBN. As earlier advice since Norrenberger offers to exchange naira with dollars, you can bring in the naira if you wish to go with Norrenberger. |
Re: Mutual Funds by emmasoft(m): 9:08am On Sep 25, 2023 |
COMING SOON!!! UP TO NGN[150] BILLION FEDERAL GOVERNMENT OF NIGERIA SERIES VI SUKUK ISSUANCE Watch out if you are interested. |
Re: Mutual Funds by sirrotex: 8:26pm On Sep 25, 2023 |
This is expected towards the end of November emmasoft: 1 Like |
Re: Mutual Funds by dejiotus: 10:50am On Sep 26, 2023 |
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. 1 Like |
Re: Mutual Funds by ytdivine(m): 11:05am On Sep 26, 2023 |
dejiotus: No, just paid #4m into my existing account yesterday 2 Likes |
Re: Mutual Funds by emmasoft(m): 2:38pm On Sep 26, 2023 |
dejiotus: 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. 2 Likes |
Re: Mutual Funds by dejiotus: 6:03pm On Sep 26, 2023 |
emmasoft: Many thanks. I will check with my bank (Stanbic) as advised. Very much appreciated. 1 Like |
Re: Mutual Funds by dejiotus: 6:06pm On Sep 26, 2023 |
ytdivine: Many thanks for the information. |
Re: Mutual Funds by michael132(m): 1:39pm On Sep 28, 2023 |
Today I start journey of investment with 1m at start but waiting for my password ...thanks to Emma soft for the encouragement,zeal and knowledge he always tender to me .... 1 Like |
Re: Mutual Funds by seyisanya(m): 7:34pm On Sep 30, 2023 |
ytdivine:Yes, now you can! 3 Likes
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Re: Mutual Funds by spiceeamiee(f): 10:19am On Oct 03, 2023 |
Please send me deatils and account opening form for this on emmasoft: |
Re: Mutual Funds by emmasoft(m): 12:12pm On Oct 03, 2023 |
spiceeamiee: Account opening form sent. |
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