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Mutual Funds - Investment (350) - Nairaland

Nairaland ForumNairaland GeneralInvestmentMutual Funds (1555046 Views)

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Re: Mutual Funds by Bababull: 11:51am On Feb 16, 2025
[Please why the delay,I went to first bank branch and filled the fbnquest MMF account form and it's 2weeks now,I haven't gotten any feedback from them and the form was emailed to fbnquest from the bank which I was in the copy,quote author=uwaifou post=134035145]

22.91%. FBN QUEST[/quote]
Re: Mutual Funds by olig(m): 5:43pm On Feb 16, 2025
Send a reminder on it, since you are in copy

Bababull:
[Please why the delay,I went to first bank branch and filled the fbnquest MMF account form and it's 2weeks now,I haven't gotten any feedback from them and the form was emailed to fbnquest from the bank which I was in the copy,quote author=uwaifou post=134035145]

22.91%. FBN QUEST
Re: Mutual Funds by uwaifou(m):
enque:
I hope they continue that way though.
I recall stanbic used to be that way back in the days
Stanbic MMF is still the best. The only issue I have with the management is that low daily interest.

When it comes to efficiency as in handling your investments, they are second to none.
Re: Mutual Funds by uwaifou(m):
Bababull:
[Please why the delay,I went to first bank branch and filled the fbnquest MMF account form and it's 2weeks now,I haven't gotten any feedback from them and the form was emailed to fbnquest from the bank which I was in the copy,quote author=uwaifou post=134035145]

22.91%. FBN QUEST
That's FBNQUEST FOR U, they started acting up for some time now. If the particulars submitted does not meet with the requirements they won't bother reverting back.... Pls call their customer care. And i do not know if we are allowed to drop customer services number here?
Re: Mutual Funds by egojeny1(f): 11:03pm On Feb 16, 2025
uwaifou:
Stanbic MMF is still the best. The only issue I have with the management is that low daily interest.

When it comes to efficiency as in handling your investments, they are second to non.
Fact
Re: Mutual Funds by Youngzedd(m): 12:48am On Feb 17, 2025
Bababull:
[Please why the delay,I went to first bank branch and filled the fbnquest MMF account form and it's 2weeks now,I haven't gotten any feedback from them and the form was emailed to fbnquest from the bank which I was in the copy,quote author=uwaifou post=134035145]

22.91%. FBN QUEST
Call them on phone.

They delayed me and I had to follow them over the phone bumber to bumber.


Their excuse was that they have a lot of requests they're fulfilling.
Re: Mutual Funds by Meklex(m): 2:58pm On Feb 17, 2025
uwaifou:
Contact their customer care service. fbnrelations@fbnquestmb.com
ccu@fbnquestmb.com
I did as you requested and I just got a call from a number informing me that my FBNquest account has been approved. And I also received this email in my spam.

Is this legit?

Re: Mutual Funds by uwaifou(m): 3:44pm On Feb 17, 2025
Meklex:
I did as you requested and I just got a call from a number informing me that my FBNquest account has been approved. And I also received this email in my spam.

Is this legit?
Legit, chukwuma Anazodo is one of the fbnrelations guy.

Just fund your account.

Pls add your customers ID number to your narration when paying
Re: Mutual Funds by temi4fash(m): 3:58pm On Feb 17, 2025
This norrenberger guys are really on top of their game.

StanbicIBTC is really frustrating me, am just regretting putting my money in there.

Make them give me back my money, i no do again..

Asking for utility bill with my name on it, where them won make i see am. Do i owe a house.

Inshort... Those guys are very nonsense...

I cant wait to get my money back and just stick to FBNQuest and norrenberger.

Just had to vent.. Am so pissed
Re: Mutual Funds by temi4fash(m): 3:59pm On Feb 17, 2025
Meklex:
I did as you requested and I just got a call from a number informing me that my FBNquest account has been approved. And I also received this email in my spam.

Is this legit?
Yes they are. You should remove their email from Spam
Re: Mutual Funds by Neurotika: 5:03pm On Feb 17, 2025
temi4fash:
This norrenberger guys are really on top of their game.

StanbicIBTC is really frustrating me, am just regretting putting my money in there.

Make them give me back my money, i no do again..

Asking for utility bill with my name on it, where them won make i see am. Do i owe a house.

Inshort... Those guys are very nonsense...

I cant wait to get my money back and just stick to FBNQuest and norrenberger.

Just had to vent.. Am so pissed
There might be some mix-up. I agree they can be quite frustrating with KYC, but I’ve never had this kind of issue with them before. As long as the address on the utility bill matches what’s on the form, it shouldn’t be a problem.
Re: Mutual Funds by NL1960: 5:22pm On Feb 17, 2025
temi4fash:
This norrenberger guys are really on top of their game.

StanbicIBTC is really frustrating me, am just regretting putting my money in there.

Make them give me back my money, i no do again..

Asking for utility bill with my name on it, where them won make i see am. Do i owe a house.

Inshort... Those guys are very nonsense...

I cant wait to get my money back and just stick to FBNQuest and norrenberger.

Just had to vent.. Am so pissed
Open the account online. Some of these staff do not know anything. I have opened StanbicIBTC account online for many people. It is my landlord's name that is on my utility bill and i used it to open for myself and my wife.
Re: Mutual Funds by Batman2412(m): 5:48pm On Feb 17, 2025
temi4fash:
This norrenberger guys are really on top of their game.

StanbicIBTC is really frustrating me, am just regretting putting my money in there.

Make them give me back my money, i no do again..

Asking for utility bill with my name on it, where them won make i see am. Do i owe a house.

Inshort... Those guys are very nonsense...

I cant wait to get my money back and just stick to FBNQuest and norrenberger.

Just had to vent.. Am so pissed
you can give them NIN slip or Rent Receipt as utility bill
Re: Mutual Funds by emmasoft(m): 6:03pm On Feb 17, 2025
Batman2412:
you can give them NIN slip or Rent Receipt as utility bill
Proof of Address Document

For Stanbic, documents that can be used in place of utility that bears your name:

Any government- issued ID that carries your address

NIN slip

Bank account statement

In all cases, the address on the document you are presenting in place of utility bill, should be the address you will write on the account opening form during registration.

For Norrenberger and others, a utility bill not older than three months will fly irrespective of the name it bears.
Re: Mutual Funds by temi4fash(m): 6:24pm On Feb 17, 2025
NL1960:
Open the account online. Some of these staff do not know anything. I have opened StanbicIBTC account online for many people. It is my landlord's name that is on my utility bill and i used it to open for myself and my wife.
My oga sir,

Am as surprised as you oo. Same info i used for Norrebnerger and FBNQuest, it got to Stanbic, many back and forth.

I would probably wait for their reply..


Neurotika:
There might be some mix-up. I agree they can be quite frustrating with KYC, but I’ve never had this kind of issue with them before. As long as the address on the utility bill matches what’s on the form, it shouldn’t be a problem.
i hope, there is actually a mix up o. Because i sent them a LAWMA bill with my address, they are asking for my name on the bill..
Re: Mutual Funds by freeman67: 9:11pm On Feb 17, 2025
Stanbic IBTC KYC strick ooo. People wey follow come house come snap the building because of just savings account that year...! This Na after I submit Electricity bill wey carry that same address ooo. Na the statement of that account I use open the Mutual Funds account sha.
Re: Mutual Funds by egojeny1(f): 9:52pm On Feb 17, 2025
freeman67:
Stanbic IBTC KYC strick ooo. People wey follow come house come snap the building because of just savings account that year...! This Na after I submit Electricity bill wey carry that same address ooo. Na the statement of that account I use open the Mutual Funds account sha.
Lol
Re: Mutual Funds by uwaifou(m): 1:24am On Feb 18, 2025
Pls, is anyone here who operates ZEDCREST WEALTH money market funds in app?

Pls i need info and need to know how realistic they are?
Re: Mutual Funds by temi4fash(m): 7:57am On Feb 18, 2025
freeman67:
Stanbic IBTC KYC strick ooo. People wey follow come house come snap the building because of just savings account that year...! This Na after I submit Electricity bill wey carry that same address ooo. Na the statement of that account I use open the Mutual Funds account sha.
Jesus christ of Nazareth...

It is well ooo
Re: Mutual Funds by Uberchic1: 11:17am On Feb 18, 2025
Please apart from stanbic mmf, is there any other money market fund that pays out the interest/returns monthly instead of quarterly?
Re: Mutual Funds by sky404: 11:40am On Feb 18, 2025
Pls House,
I just read somewhere now that the National Bureau of Statistics has disclosed that Nigeria’s headline inflation has dropped to 24.48 per cent in January 2025,
following the rebasing of the consumer price index,

Therefore,
How will this affect the rates in money market funds & Treasury Bills??

will investing in mmf & Treasury Bills still be that lucrative??
Re: Mutual Funds by emmasoft(m): 12:33pm On Feb 18, 2025
sky404:
Pls House,
I just read somewhere now that the National Bureau of Statistics has disclosed that Nigeria’s headline inflation has dropped to 24.48 per cent in January 2025,
following the rebasing of the consumer price index,

Therefore,
How will this affect the rates in money market funds & Treasury Bills??

will investing in mmf & Treasury Bills still be that lucrative??
Rates will not always be high and vice versa. When we get there the market will give investors direction. Mainhile enjoy the current rates while it last.
Re: Mutual Funds by Uberchic1: 12:45pm On Feb 18, 2025
emmasoft:
Rates will not always be high and vice versa. When we get there the market will give investors direction. Mainhile enjoy the current rates while it last.
Please are you aware of any other money market fund that has the option for paying out returns monthly like stanbic mmf?
Re: Mutual Funds by emmasoft(m): 12:49pm On Feb 18, 2025
Uberchic1:
Please apart from stanbic mmf, is there any other money market fund that pays out the interest/returns monthly instead of quarterly?
All fund managers Stanbic inclusive pay accrued interest quarterly. However, if you opt for reinvestment of interest, Stanbic reinvest accrued interest monthly.
Re: Mutual Funds by VeeInsider: 4:04pm On Feb 18, 2025
Good evening all. Please I'd like to understand how the Stanbic Dollar Fund work. Do I need to deposit in dollar or do I need to make transfers to them in dollar? Basically, how do I fund my investment or make transfers to them? Thank you
Re: Mutual Funds by Neurotika: 5:42pm On Feb 18, 2025
sky404:
Pls House,
I just read somewhere now that the National Bureau of Statistics has disclosed that Nigeria’s headline inflation has dropped to 24.48 per cent in January 2025,
following the rebasing of the consumer price index,

Therefore,
How will this affect the rates in money market funds & Treasury Bills??

will investing in mmf & Treasury Bills still be that lucrative??
Tomorrow’s CBN MPC meeting will decide. With inflation rebased downwards, there’s a good chance the MPR will be reduced, but it’s unlikely to be a major cut.
Re: Mutual Funds by Youngzedd(m): 5:41am On Feb 19, 2025
Meklex:
I did as you requested and I just got a call from a number informing me that my FBNquest account has been approved. And I also received this email in my spam.

Is this legit?
This is not their email address.


This looks like a scam.

Call or email FBNQuest to confirm.
Re: Mutual Funds by yemminz: 12:34pm On Feb 19, 2025
Good day all, can anyone here help me with ibtc customer service number.
I tried to redeem some fund since yesterday no alert till now it's over 24hrs.
Re: Mutual Funds by ManAdii: 7:57pm On Feb 19, 2025
yemminz:
Good day all, can anyone here help me with ibtc customer service number.
I tried to redeem some fund since yesterday no alert till now it's over 24hrs.
Has it reflected now?
These are their numbers below:
0201 280 1266
0700 68882 538637
Re: Mutual Funds by Nice2023(m): 7:17am On Feb 20, 2025
uwaifou:
Stanbic MMF is still the best. The only issue I have with the management is that low daily interest.

When it comes to efficiency as in handling your investments, they are second to none.
How many investment app do u use...have u tried ARM.
First ally.
Coronation
Afri-invest.

I would not speak for them but what I can say is that,Stanbic does not compare with their efficiencies,especially the first two I mentioned. Their rate is great and their customer care is one of the best in the industry.
U dont need to call them for redemption because that one is very swift.

They are low key and great.
Re: Mutual Funds by uwaifou(m): 9:11am On Feb 22, 2025
Nice2023:
How many investment app do u use...have u tried ARM.
First ally.
Coronation
Afri-invest.

I would not speak for them but what I can say is that,Stanbic does not compare with their efficiencies,especially the first two I mentioned. Their rate is great and their customer care is one of the best in the industry.
U dont need to call them for redemption because that one is very swift.

They are low key and great.
.

All depends on individual wants from investments
Re: Mutual Funds by freeman67:
Nice2023:
How many investment app do u use...have u tried ARM.
First ally.
Coronation
Afri-invest.

I would not speak for them but what I can say is that,Stanbic does not compare with their efficiencies,especially the first two I mentioned. Their rate is great and their customer care is one of the best in the industry.
U dont need to call them for redemption because that one is very swift.

They are low key and great.
Nooo, bros.

I use

FBNQUEST

Invest by United Capital and

Stanbic IBTC.


Which are all top notch. Yet Stanbic IBTC still stand tall among them. When your Stanbic IBTC app is well set, you can do everything seamlessly without human interactions. I only have issues with them when I had to contact humans and that's because of the newbie/rookies they have as CSR these days.

Then I later discovered that paying through Opay was an issue to them too because it will always not be credited till after series of back and forth.
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