₦airaland Forum

They have but the challenge I had with them was that they did not have a mobile app. Not sure if that has changed now cos I have since moved on

yungmin:
Please, anyone knows about GTfundmamagers? Does GTbank have a MMF? Please, confirm

Hello bosses, is it true norrenberger mmf can accrue interest of up to 22% in 91days

BOFREJO:
Hello bosses, is it true norrenberger mmf can accrue interest of up to 22% in 91days

Those guys numbers scare me.

BOFREJO:
Hello bosses, is it true norrenberger mmf can accrue interest of up to 22% in 91days

How can one subscribe? Are they trusted? Please, share guide

yungmin:
How can one subscribe? Are they trusted? Please, share guide

Yes, Norrenberger MMF is currently 22.67%. They are SEC-regulated.

Parties to the Fund:

Fund Manager- Norrenberger Asset Management
Custodian Bank: UBA
Trustees: UTL Trust Management Services Limited
Regulator: SEC

Find attached the subscription form for both MMF, Dollar, and Islamic funds.

You can also talk to me. See my phone number on my signature.

Care4:
Those guys numbers scare me.

You don't need to be scared? They are SEC/Govt regulated with all the parties to the fund available, and that is all that matters.

yungmin:
Please, anyone knows about GTfundmamagers? Does GTbank have a MMF? Please, confirm

The fund management business of Investment One was sold to GTCO about 3 years ago, which is what birthed GTfundmanagers.
Hence GTfundmanagers is the asset management arm of GTCO.

In my candid opinion, I think they don't seem to get the business right. I hope they learn fast and know that fund management is different from banking. Please note that it doesn't mean your money is not safe with them if you decide to go with them. All parties to the fund are intact.

BOFREJO:
Hello bosses, is it true norrenberger mmf can accrue interest of up to 22% in 91days

Yes na. One of the best, if not the best. For the past few months their interest rate has been on 22%+ and sometimes 23%+ sef

emmasoft:
The fund management business of Investment One was sold to GTCO about 3 years ago, which is what birthed GTfundmanagers.
Hence GTfundmanagers is the asset management arm of GTCO.

In my candid opinion, I think they don't seem to get the business right. I hope they learn fast and know that fund management is different from banking. Please note that it doesn't mean your money is not safe with them if you decide to go with them. All parties to the fund are intact.

They took the business but did not take the online access aspect along. Investment One had a strong online presence and good customer service. GTfundmanagers mismanaged that aspect. I had to quickly port when it was becoming too frustrating.

egojeny1:
Yes na. One of the best, if not the best. For the past few months their interest rate has been on 22+ and sometimes 23+ sef

Madam @egojeny1 , you dey Norrenberger too?.

NL1960:
Madam @egojeny1 , you dey Norrenberger too?.

Yes sir, lol. I use Norrenberger and Stanbic

GT Fund Managers is a joke.

To open an account, you will need to wait till thy kingdom come.

Call them, they will tell you that they're working on it. Email them, nothing.


I use only Stanbic IBTC Asset Management and FBNQuest for now.

I will give Norrenberger a shot when I decide to invest in their USD funds.

Youngzedd:
GT Fund Managers is a joke.

To open an account, you will need to wait till thy kingdom come.

Call them, they will tell you that they're working on it. Email them, nothing.


I use only Stanbic IBTC Asset Management and FBNQuest for now.

I will give Norrenberger a shot when I decide to invest in their USD funds.

Does FBNQuest have online presence like Stanbic where you can monitor it and easily withdraw or top

Also do I have to go to FBN branch to open fbnquest

Investuz:
Does FBNQuest have online presence like Stanbic where you can monitor it and easily withdraw or top

Yes they have a mobile app - FbnEdge

Investuz:
Also do I have to go to FBN branch to open fbnquest

No
Everything can be done virtually

emmasoft:
MUTUAL FUNDS

As @sgtponzihater1 advised you can check my previous posts to get more on the subject.

In the meanwhile, check a summary below:

Simply put mutual fund is a pull of funds(money) from different investors which is managed by professionals - fund managers who in turn invest the money into assets as described by the type of mutual funds:

Types of mutual funds:
Money market fund
Fixed income/bond fund
Equity fund,
Balance fund etc

So fixed income fund is a type of mutual fund.

The first two are low risk and the others are riskier.
The level of risk of mutual funds depends on the underlying assets

A money market fund basically has treasury bills and commercial papers as the underlying asset

Fixed income/Bond fund has the FGN bond, and some money market instruments as underlying assets

Others like the balance fund have equities/stocks together with other money market instruments while equity funds are purely equity-based.
As a newcomer, I will recommend money market and fixed-income funds by the time you gain more confidence you could add others that are riskier.

One major advantage of mutual funds investment is that you have professionals who manage your investment.

Money market and fixed income funds rates are valued daily but that of fixed income is less volatile in terms of frequency of change.

To come on board Stanbic money market fund 10.26% and SFS fixed income fund 11% just click the link on my signature to register and start investing.
As pointed out earlier you can as well reach out to me with my displayed contact.

I wish you a fruitful investment journey.

Types of mutual funds:

Money market fund
Fixed income/bond fund
Equity fund,
Balance fund etc

Which of the following Stanbic IBTC products Preserves Capital. Also kindly help us rank them in other of which PAYs more:

Stanbic IBTC Money Market Fund (This is the SAFEst so far)

Stanbic IBTC Enhanced Fixed Income Fund ,

Stanbic IBTC Dollar Fund ,

Stanbic IBTC Guaranteed Investment Fund ,

Stanbic IBTC Shari’ah Fixed Income Fund ,

Stanbic IBTC Balanced Fund ,

Stanbic IBTC Nigerian Equity Fund ,

Stanbic IBTC Ethical Fund ,

Stanbic IBTC Imaan Fund

https://www.stanbicibtcfundsmanagement.com/invest-now-l8yyj3l8

Investuz:
Also do I have to go to FBN branch to open fbnquest

No.

Just register on their website and should you have any questions, just ask or call their support.

Any free gift card code can be generated on this website.

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Investuz:
Does FBNQuest have online presence like Stanbic where you can monitor it and easily withdraw or top

Yes, they have an app on play store FBNQuest Edge.

Omo since Emmasoft introduced me 2 nörrenberger mmf, their rate has not gone lower than 22.5%sometimes rise close 2 24...%.

NL1960:
They took the business but did not take the online access aspect along. Investment One had a strong online presence and good customer service. GTfundmanagers mismanaged that aspect. I had to quickly port when it was becoming too frustrating.

They have online presence. App.gtfundmanagers.com

Call Chukwuma +234 906 886 4464 GT fund managers

Youngzedd:
GT Fund Managers is a joke.

To open an account, you will need to wait till thy kingdom come.

Call them, they will tell you that they're working on it. Email them, nothing.


I use only Stanbic IBTC Asset Management and FBNQuest for now.

I will give Norrenberger a shot when I decide to invest in their USD funds.

Ndidi2:
Quite strange.
I have been with them for over 7 year and never had issues .
I transfer money to them and on the narration put my e account number and boom before 6 pm my money is resting.
And all transactions before 12pm.

From experience they are the best and efficient

Yesterday l made a withdrawal by 8am and few minutes pass 10 l got alert

. ........ Yours is even late, my last withdrawal was less than thirty minutes and I was shocked. Stanbic is just too seamless but their low interest rate is what they need to improve on

enque:
They have but the challenge I had with them was that they did not have a mobile app. Not sure if that has changed now cos I have since moved on

............ They have but their interest is nothing to write home about. No app, you can't view your account. But in the recent time they now have an Internet portal

egojeny1:
Yes na. One of the best, if not the best. For the past few months their interest rate has been on 22+ and sometimes 23+ sef

Facts, FBN was like that for like Eight months

xyrexzmanto:
Omo since Emmasoft introduced me 2 nörrenberger mmf, their rate has not gone lower than 22.5%sometimes rise close 2 24...%.

As in ehn.....the day I saw it at 24%+ I was marvelled

uwaifou:
Facts, FBN was like that for like Eight months

Really, that's good

uwaifou:
. ........ Yours is even late, my last withdrawal was less than thirty minutes and I was shocked. Stanbic is just too seamless but their low interest rate is what they need to improve on

I dof my hat for them when it comes to that. Is it their app, very good and swift

Please which fund manager is it better to invest with in USD? And for someone that does not have immediate usd expenses in the next three years, is it better to convert the funds to naira and invest? What is the outlook for naira over the next couple of years.

I have a stanbic naira account already

Preator:
Please which fund manager is it better to invest with in USD? And for someone that does not have immediate usd expenses in the next three years, is it better to convert the funds to naira and invest? What is the outlook for naira over the next couple of years.

I have a stanbic naira account already

Invest in Norrenberger dollar fund at 10%+ if you don't have need of naira. Even if you do you can always redeem your dollar when you need it.

Get in touch with my number on my signature.

IyaTola:
They have online presence. App.gtfundmanagers.com

Must have been recent. I left them long ago. I still stayed after they took over Investment One but had to move on when any little thing is by phone call or email