₦airaland Forum

Jeoma2024:
I have trying to sign up with Fbquest and ARM for mutual fund but non has been successful


Is there any other good fund manager to use please

I already have with stanbic

Try United Capital (investnow) app on Google. You can go through the process without the need of contacting anyone for help.

Jeoma2024:
I have trying to sign up with Fbquest and ARM for mutual fund but non has been successful


Is there any other good fund manager to use please

I already have with stanbic

Try United Capital (investnow) app on Google. You can go through the process without the need of contacting anyone for help.

Guys is zedcrest wealth legit, I can't seem to find enough info on it online.

Please investors, I'm interested in the answer to this question. I know meristem do pay dividends

Arizona86:
Does Stanbic ibtc equity fund pay dividends to investors apart from the value of the asset appreciating?

jp130:
Please investors, I'm interested in the answer to this question. I know meristem do pay dividends

Although Equity funds generally are more disposed towards price appreciation, dividend is paid once in a year if declared. It's not as regular and systematic as with MMF.

Personally, I prefer to buy individual, fundamentally sound and dividend paying stock than to subscribe to equity fund.

freeman67:
Try United Capital (investnow) app on Google. You can go through the process without the need of contacting anyone for help.

Thank

I will try that

freeman67:
Try United Capital (investnow) app on Google. You can go through the process without the need of contacting anyone for help.

United capital is rarely mentioned here. Is one of the best fund managers in Nigeria

How to calculate daily earnings on Stanbic ibtc mutual fund is yield rate/365days then multiply by your capital.

Money Market Funds arranged by Assets Under Management (AUM) from highest to lowest:

Ranking by AUM (₦ billion):

1. Stanbic IBTC Money Market Fund - ₦375.7 bn

2. FBN (FBNQuest) Money Market Fund- ₦195.8 bn

3. ARM Money Market Fund - ₦79.9 bn
4. Guaranty Trust (GT) Money Market Fund - ₦59.8 bn
5. United Capital Money Market Fund- ₦44.3 bn
6. AXA Mansard Money Market Fund - ₦43.7 bn
7. Zenith Money Market Fund - ₦27.2 bn
8. Abacus Money Market Fund - ₦20.1 bn
9. Legacy Money Market Fund (FCMB)- ₦12.8 bn
10. Chapel Hill Denham Money Market Fund- ₦7.3 bn
11. Norrenberger Money Market Fund - ₦4.7 bn
12. AIICO Money Market Fund - ₦4.7 bn
13. CardinalStone Money Market Fund - ₦4.7 bn
14. Meristem Money Market Fund - ₦3.6 bn
15. Mango Naira Money Market Fund - ₦1.6 bn


- Stanbic IBTC dominates with nearly twice the AUM of the second-largest fund
- The top 3 funds (Stanbic IBTC, FBN, and ARM) control a significant portion of the total market
- Several funds have identical AUM of ₦4.7 bn (Norrenberger, AIICO, and CardinalStone)
- Note that the data points are from different dates, with some as recent as 2025 and others from 2022-2023

oilmaney:
How to calculate daily earnings on Stanbic ibtc mutual fund is yield rate/365days then multiply by your capital.

Nice one. Also I believe every investor should know how to calculate future value and sinking fund/annuity payments. If you’re going to learn just one thing in finance, make it this. It’s the foundation for smart money moves.

civilserva:
Money Market Funds arranged by Assets Under Management (AUM) from highest to lowest:

Ranking by AUM (₦ billion):

1. Stanbic IBTC Money Market Fund - ₦375.7 bn

2. FBN (FBNQuest) Money Market Fund- ₦195.8 bn

3. ARM Money Market Fund - ₦79.9 bn
4. Guaranty Trust (GT) Money Market Fund - ₦59.8 bn
5. United Capital Money Market Fund- ₦44.3 bn
6. AXA Mansard Money Market Fund - ₦43.7 bn
7. Zenith Money Market Fund - ₦27.2 bn
8. Abacus Money Market Fund - ₦20.1 bn
9. Legacy Money Market Fund (FCMB)- ₦12.8 bn
10. Chapel Hill Denham Money Market Fund- ₦7.3 bn
11. Norrenberger Money Market Fund - ₦4.7 bn
12. AIICO Money Market Fund - ₦4.7 bn
13. CardinalStone Money Market Fund - ₦4.7 bn
14. Meristem Money Market Fund - ₦3.6 bn
15. Mango Naira Money Market Fund - ₦1.6 bn


- Stanbic IBTC dominates with nearly twice the AUM of the second-largest fund
- The top 3 funds (Stanbic IBTC, FBN, and ARM) control a significant portion of the total market
- Several funds have identical AUM of ₦4.7 bn (Norrenberger, AIICO, and CardinalStone)
- Note that the data points are from different dates, with some as recent as 2025 and others from 2022-2023

Nice one. That means their interest income/expense will almost triple others as well.

emmasoft:
…...

I would like to open a dollar fund with Stanbic, I have already have money market fund with them but i can’t see the option for dollar fund on the same app..

1) Would i view my dollar fund investment on a different platform?
2) I understand i have to pay in dollars into their collection account, hope i would be able to redeem my dollars in my own dollar account?
3) Lastly what is the modality to open a dollar account with stanbic, do i need a stanbic dollar account?

See unpopular GTBank in no 4, and I was thinking they will be last

Harddiskng:
I would like to open a dollar fund with Stanbic, I have already have money market fund with them but i can’t see the option for dollar fund on the same app..

1) Would i view my dollar fund investment on a different platform?
2) I understand i have to pay in dollars into their collection account, hope i would be able to redeem my dollars in my own dollar account?
3) Lastly what is the modality to open a dollar account with stanbic, do i need a stanbic dollar account?

I asked them same question and this was their reply:

Please be advised that the Dollar wallet on the Blunest platform is currently unavailable and you will be advised via mail once same has been activated.

In addition, kindly note that account details to fund the Dollar account will be shared via mail once same has been created.

nickae:
I asked them same question and this was their reply:

Please be advised that the Dollar wallet on the Blunest platform is currently unavailable and you will be advised via mail once same has been activated.

In addition, kindly note that account details to fund the Dollar account will be shared via mail once same has been created.

Thanks for the info.

I logged into blunest tonight though, clicked on dollar wallet it was asking for my domicillary account details. Anyways i would wait for their response.

****************************************

People what bank would you recommend i open a domiciliary account with, a bank that won’t erode my value with charges or should i just open with Stanbic. (I am starting to think i am over-leveraged on Stanbic. No arm of their business i no get money with, God abeg).

Harddiskng:
I would like to open a dollar fund with Stanbic, I have already have money market fund with them but i can’t see the option for dollar fund on the same app..

1) Would i view my dollar fund investment on a different platform?
2) I understand i have to pay in dollars into their collection account, hope i would be able to redeem my dollars in my own dollar account?
3) Lastly what is the modality to open a dollar account with stanbic, do i need a stanbic dollar account?

With the app, you can view your investments in the different mutual funds you subscribe to inuding the dollar fund.

First, you need a domiciliary account in any bank of your choice before you can invest in dollar fund.

To subscribe, click the first link on my signature and scroll to dollar mutual fund and click Buy now, complete the form as an existing customer and your account will be opened. Within 24hrs.

Please note that they don't accept dollar cash deposit, you can only transfer from your domiciliary account to their dollar collection account.

However, I prefer Norrenberger dollar fund. They have better rate and they accept dollar cash deposit in their collection account.

Basically dollar funds have same underlying assets ie eurobonds irrespective of the fund manager

civilserva:
Money Market Funds arranged by Assets Under Management (AUM) from highest to lowest:

Ranking by AUM (₦ billion):

1. Stanbic IBTC Money Market Fund - ₦375.7 bn

2. FBN (FBNQuest) Money Market Fund- ₦195.8 bn

3. ARM Money Market Fund - ₦79.9 bn
4. Guaranty Trust (GT) Money Market Fund - ₦59.8 bn
5. United Capital Money Market Fund- ₦44.3 bn
6. AXA Mansard Money Market Fund - ₦43.7 bn
7. Zenith Money Market Fund - ₦27.2 bn
8. Abacus Money Market Fund - ₦20.1 bn
9. Legacy Money Market Fund (FCMB)- ₦12.8 bn
10. Chapel Hill Denham Money Market Fund- ₦7.3 bn
11. Norrenberger Money Market Fund - ₦4.7 bn
12. AIICO Money Market Fund - ₦4.7 bn
13. CardinalStone Money Market Fund - ₦4.7 bn
14. Meristem Money Market Fund - ₦3.6 bn
15. Mango Naira Money Market Fund - ₦1.6 bn


- Stanbic IBTC dominates with nearly twice the AUM of the second-largest fund
- The top 3 funds (Stanbic IBTC, FBN, and ARM) control a significant portion of the total market
- Several funds have identical AUM of ₦4.7 bn (Norrenberger, AIICO, and CardinalStone)
- Note that the data points are from different dates, with some as recent as 2025 and others from 2022-2023

Where's Afrinvest

This is a crucial question for investors in Nigeria, especially given the persistently high inflation rates. Let's compare Money Market Funds (MMFs) and Equity Funds in Nigeria for their ability to beat inflation in the long run.

**Understanding Nigerian Inflation:**

Nigeria has a history of high and sometimes volatile inflation. Recent figures show:

* **March 2025:** Headline inflation rate rose to 24.23%.
* **April 2025:** Headline inflation rate eased slightly to 23.71%.
* **Historical Average:** From 1996 to 2025, Nigeria's inflation rate averaged 14.07%, but has seen peaks much higher (e.g., 72.84% in 1995, 54.51% in 1988).
* **Real Returns:** The goal is to achieve a return higher than the inflation rate, so your purchasing power actually increases. If inflation is 23.71% and your investment yields 20%, you're still losing real value.

---

### Money Market Funds (MMFs) in Nigeria

**Nature:** MMFs invest in short-term, highly liquid debt instruments like Treasury Bills, Commercial Papers, and bank placements. They aim for capital preservation and stable, consistent returns.

**Ability to Beat Inflation (Long Run):**

* **Short-Term Performance:** In periods of very high interest rates (like what Nigeria is currently experiencing due to the CBN's tight monetary policy), MMFs can offer attractive *nominal* yields, sometimes even exceeding 20% annualized.
* **Long-Term Challenge:** However, MMFs are generally **not designed to consistently beat high inflation in the long run.**
* **Limited Capital Appreciation:** MMFs generate income (interest) but little to no capital appreciation. Their returns are largely tied to short-term interest rates.
* **Interest Rate Fluctuations:** While current yields are high, interest rates can change. If the CBN loosens monetary policy in the future, MMF yields would likely drop.
* **Negative Real Returns:** When inflation is significantly high (like Nigeria's current 23%+), even a 20%+ MMF yield often translates to a **negative real return**. This means your money's purchasing power is still eroding over time.
* **Focus on Liquidity and Safety:** MMFs excel as a place for emergency funds, short-term savings, or as a temporary parking spot for cash, due to their high liquidity and low risk. They are excellent for capital preservation in nominal terms, but not necessarily in real terms over extended periods of high inflation.

---

### Nigerian Equity Funds

**Nature:** Equity funds invest in a diversified portfolio of shares of companies listed on the Nigerian Exchange (NGX). Their returns come from capital appreciation of the underlying stocks and dividends paid by those companies.

**Ability to Beat Inflation (Long Run):**

* **Potential for Capital Appreciation:** Equities, historically, have been the best asset class for beating inflation over the long term. Companies can often pass on increased costs (due to inflation) to consumers, and their earnings and asset values can grow, leading to appreciation in their stock prices.
* **NGX Performance:** The Nigerian Exchange has shown periods of strong nominal growth. For example, the NGX All-Share Index (ASI) rose significantly in 2023 and early 2024.
* **Dividend Income:** Many Nigerian companies pay dividends, providing an additional source of return.
* **Long-Term View:** Equity markets are volatile in the short term. However, over a long investment horizon (5+ years), the compounding effect of capital appreciation and reinvested dividends can potentially outpace inflation.

**Challenges for Nigerian Equity Funds in Beating Inflation (Real Returns):**

* **Currency Depreciation:** This is the biggest hurdle. Even if Nigerian equities perform well in Naira terms, the **rapid depreciation of the Naira against the US Dollar** has historically eroded much of the real (dollar-adjusted) returns. For a Nigerian investor, beating inflation effectively means growing your purchasing power, and for many, that's measured against an international currency like the dollar.
* **Macroeconomic Volatility:** The Nigerian economy is susceptible to various shocks (oil price fluctuations, political instability, regulatory changes, FX issues). These can significantly impact corporate earnings and investor sentiment, leading to high market volatility.
* **Market Liquidity:** The Nigerian stock market is smaller and less liquid than major global markets, which can sometimes affect pricing and ease of entry/exit for larger investments.
* **Expense Ratios:** Actively managed Nigerian equity funds tend to have higher expense ratios (e.g., 2-3% annually) compared to passive index funds internationally, which eat into returns.

---

### The Verdict for Nigeria (Long Run):

In the context of **Nigeria's high and persistent inflation**, especially when considering the impact of **Naira depreciation**, the picture is complex:

* **MMFs are unlikely to consistently beat inflation in the long run.** While they offer good nominal returns now, their fundamental nature as fixed-income instruments makes them less effective at preserving *real* purchasing power when inflation is very high. They are for liquidity and capital preservation, not aggressive real growth.
* **Nigerian Equity Funds *have the potential* to beat inflation in nominal Naira terms over the long run, but their ability to beat inflation in *real, dollar-adjusted terms* is often challenged by Naira depreciation.** You might see your Naira holdings grow significantly, but if the Naira loses 20-30% of its value against the dollar in the same year, your actual purchasing power for international goods and services could still decline.

**The Most Effective Strategy to Beat Inflation in the Long Run for a Nigerian Investor:**

Given Nigeria's economic realities, the most robust strategy for a Nigerian investor to beat inflation (and preserve purchasing power) in the long run involves **significant diversification into dollar-denominated assets.**

* **International Equity ETFs (like S&P 500 ETFs):** These are often the **most recommended** avenue for long-term real wealth growth for Nigerian investors. They provide:
* **Exposure to Global Growth:** Access to the largest and most dynamic companies in the world.
* **Currency Hedge:** Your investment is in USD, protecting you from Naira depreciation.
* **Historical Outperformance:** Global equities (especially US equities) have a strong track record of beating inflation over the long run.
* **Lower Fees:** Passive index ETFs typically have very low expense ratios.

**In summary:**

* **Money Market Funds:** Excellent for **short-term savings and liquidity**, but **unlikely to beat high inflation in the long run** in Nigeria in *real terms*.
* **Nigerian Equity Funds:** *Can* provide nominal Naira growth and potentially beat Naira inflation, but are **highly susceptible to Naira depreciation**, which can erode real (dollar-adjusted) returns. They offer good exposure to the local economy if that's a specific goal.
* **International Equity ETFs (e.g., S&P 500):** For a Nigerian investor, these are generally the **strongest choice for consistently beating inflation in the long run and preserving real purchasing power**, due to their global diversification and the currency hedge they provide.

A balanced portfolio for a Nigerian investor often includes a mix, but with a strategic tilt towards dollar-denominated assets for long-term inflation-beating growth.

civilserva:
Money Market Funds arranged by Assets Under Management (AUM) from highest to lowest:

Ranking by AUM (₦ billion):

1. Stanbic IBTC Money Market Fund - ₦375.7 bn

2. FBN (FBNQuest) Money Market Fund- ₦195.8 bn

3. ARM Money Market Fund - ₦79.9 bn
4. Guaranty Trust (GT) Money Market Fund - ₦59.8 bn
5. United Capital Money Market Fund- ₦44.3 bn
6. AXA Mansard Money Market Fund - ₦43.7 bn
7. Zenith Money Market Fund - ₦27.2 bn
8. Abacus Money Market Fund - ₦20.1 bn
9. Legacy Money Market Fund (FCMB)- ₦12.8 bn
10. Chapel Hill Denham Money Market Fund- ₦7.3 bn
11. Norrenberger Money Market Fund - ₦4.7 bn
12. AIICO Money Market Fund - ₦4.7 bn
13. CardinalStone Money Market Fund - ₦4.7 bn
14. Meristem Money Market Fund - ₦3.6 bn
15. Mango Naira Money Market Fund - ₦1.6 bn


- Stanbic IBTC dominates with nearly twice the AUM of the second-largest fund
- The top 3 funds (Stanbic IBTC, FBN, and ARM) control a significant portion of the total market
- Several funds have identical AUM of ₦4.7 bn (Norrenberger, AIICO, and CardinalStone)
- Note that the data points are from different dates, with some as recent as 2025 and others from 2022-2023

What source did you use? Am asking because from SEC website, Stanbic's value of MF assets is far higher - close to a trillion naira.

Jeoma2024:
I have trying to sign up with Fbquest and ARM for mutual fund but non has been successful


Is there any other good fund manager to use please

I already have with stanbic

Surprised to hear this about ARM. They are usually very responsive. In fact would rank them among one of the best. what exactly was the issue?

nickae:
See unpopular GTBank in no 4, and I was thinking they will be last

I suspect most of them (like me) are from the investment one platform, which used to be linked to them

alezzy13:
Surprised to hear this about ARM. They are usually very responsive. In fact would rank them among one of the best. what exactly was the issue?

I am at kyc stage

Once I take pictures, everything will go blank

Jeoma2024:
I am at kyc stage

Once I take pictures, everything will go blank

Call the customer service for assistance. They will be help you.
You can use their website

Arizona86:
This is a crucial question for investors in Nigeria, especially given the persistently high inflation rates. Let's compare Money Market Funds (MMFs) and Equity Funds in Nigeria for their ability to beat inflation in the long run.

**Understanding Nigerian Inflation:**

Nigeria has a history of high and sometimes volatile inflation. Recent figures show:

* **March 2025:** Headline inflation rate rose to 24.23%.
* **April 2025:** Headline inflation rate eased slightly to 23.71%.
* **Historical Average:** From 1996 to 2025, Nigeria's inflation rate averaged 14.07%, but has seen peaks much higher (e.g., 72.84% in 1995, 54.51% in 1988).
* **Real Returns:** The goal is to achieve a return higher than the inflation rate, so your purchasing power actually increases. If inflation is 23.71% and your investment yields 20%, you're still losing real value.

---

### Money Market Funds (MMFs) in Nigeria

**Nature:** MMFs invest in short-term, highly liquid debt instruments like Treasury Bills, Commercial Papers, and bank placements. They aim for capital preservation and stable, consistent returns.

**Ability to Beat Inflation (Long Run):**

* **Short-Term Performance:** In periods of very high interest rates (like what Nigeria is currently experiencing due to the CBN's tight monetary policy), MMFs can offer attractive *nominal* yields, sometimes even exceeding 20% annualized.
* **Long-Term Challenge:** However, MMFs are generally **not designed to consistently beat high inflation in the long run.**
* **Limited Capital Appreciation:** MMFs generate income (interest) but little to no capital appreciation. Their returns are largely tied to short-term interest rates.
* **Interest Rate Fluctuations:** While current yields are high, interest rates can change. If the CBN loosens monetary policy in the future, MMF yields would likely drop.
* **Negative Real Returns:** When inflation is significantly high (like Nigeria's current 23%+), even a 20%+ MMF yield often translates to a **negative real return**. This means your money's purchasing power is still eroding over time.
* **Focus on Liquidity and Safety:** MMFs excel as a place for emergency funds, short-term savings, or as a temporary parking spot for cash, due to their high liquidity and low risk. They are excellent for capital preservation in nominal terms, but not necessarily in real terms over extended periods of high inflation.

---

### Nigerian Equity Funds

**Nature:** Equity funds invest in a diversified portfolio of shares of companies listed on the Nigerian Exchange (NGX). Their returns come from capital appreciation of the underlying stocks and dividends paid by those companies.

**Ability to Beat Inflation (Long Run):**

* **Potential for Capital Appreciation:** Equities, historically, have been the best asset class for beating inflation over the long term. Companies can often pass on increased costs (due to inflation) to consumers, and their earnings and asset values can grow, leading to appreciation in their stock prices.
* **NGX Performance:** The Nigerian Exchange has shown periods of strong nominal growth. For example, the NGX All-Share Index (ASI) rose significantly in 2023 and early 2024.
* **Dividend Income:** Many Nigerian companies pay dividends, providing an additional source of return.
* **Long-Term View:** Equity markets are volatile in the short term. However, over a long investment horizon (5+ years), the compounding effect of capital appreciation and reinvested dividends can potentially outpace inflation.

**Challenges for Nigerian Equity Funds in Beating Inflation (Real Returns):**

* **Currency Depreciation:** This is the biggest hurdle. Even if Nigerian equities perform well in Naira terms, the **rapid depreciation of the Naira against the US Dollar** has historically eroded much of the real (dollar-adjusted) returns. For a Nigerian investor, beating inflation effectively means growing your purchasing power, and for many, that's measured against an international currency like the dollar.
* **Macroeconomic Volatility:** The Nigerian economy is susceptible to various shocks (oil price fluctuations, political instability, regulatory changes, FX issues). These can significantly impact corporate earnings and investor sentiment, leading to high market volatility.
* **Market Liquidity:** The Nigerian stock market is smaller and less liquid than major global markets, which can sometimes affect pricing and ease of entry/exit for larger investments.
* **Expense Ratios:** Actively managed Nigerian equity funds tend to have higher expense ratios (e.g., 2-3% annually) compared to passive index funds internationally, which eat into returns.

---

### The Verdict for Nigeria (Long Run):

In the context of **Nigeria's high and persistent inflation**, especially when considering the impact of **Naira depreciation**, the picture is complex:

* **MMFs are unlikely to consistently beat inflation in the long run.** While they offer good nominal returns now, their fundamental nature as fixed-income instruments makes them less effective at preserving *real* purchasing power when inflation is very high. They are for liquidity and capital preservation, not aggressive real growth.
* **Nigerian Equity Funds *have the potential* to beat inflation in nominal Naira terms over the long run, but their ability to beat inflation in *real, dollar-adjusted terms* is often challenged by Naira depreciation.** You might see your Naira holdings grow significantly, but if the Naira loses 20-30% of its value against the dollar in the same year, your actual purchasing power for international goods and services could still decline.

**The Most Effective Strategy to Beat Inflation in the Long Run for a Nigerian Investor:**

Given Nigeria's economic realities, the most robust strategy for a Nigerian investor to beat inflation (and preserve purchasing power) in the long run involves **significant diversification into dollar-denominated assets.**

* **International Equity ETFs (like S&P 500 ETFs):** These are often the **most recommended** avenue for long-term real wealth growth for Nigerian investors. They provide:
* **Exposure to Global Growth:** Access to the largest and most dynamic companies in the world.
* **Currency Hedge:** Your investment is in USD, protecting you from Naira depreciation.
* **Historical Outperformance:** Global equities (especially US equities) have a strong track record of beating inflation over the long run.
* **Lower Fees:** Passive index ETFs typically have very low expense ratios.

**In summary:**

* **Money Market Funds:** Excellent for **short-term savings and liquidity**, but **unlikely to beat high inflation in the long run** in Nigeria in *real terms*.
* **Nigerian Equity Funds:** *Can* provide nominal Naira growth and potentially beat Naira inflation, but are **highly susceptible to Naira depreciation**, which can erode real (dollar-adjusted) returns. They offer good exposure to the local economy if that's a specific goal.
* **International Equity ETFs (e.g., S&P 500):** For a Nigerian investor, these are generally the **strongest choice for consistently beating inflation in the long run and preserving real purchasing power**, due to their global diversification and the currency hedge they provide.

A balanced portfolio for a Nigerian investor often includes a mix, but with a strategic tilt towards dollar-denominated assets for long-term inflation-beating growth.

₦10 million invested locally at 15% still gives you roughly $13,485 after 10 years, assuming the Naira falling from ₦1,600 to as high as ₦3,000. The same amount in the S&P 500 at 8% gives you $13,493. That’s a difference of less than $10 over a full decade. So the idea that dollar investments always outclass Naira assets isn’t always grounded in numbers.

When local rates are high, the opportunity cost of dollar conversion is real. What matters is maximizing value regardless of the currency you’re investing in. Smart investing means weighing yield, not just chasing currency stability.

Jeoma2024:
I am at kyc stage

Once I take pictures, everything will go blank

Did you call them yet? I did call and it just kept ringing for minutes.

What are the fees associated with the norrenberger dollar fund, please?

emmasoft:
With the app, you can view your investments in the different mutual funds you subscribe to inuding the dollar fund.

First, you need a domiciliary account in any bank of your choice before you can invest in dollar fund.

To subscribe, click the first link on my signature and scroll to dollar mutual fund and click Buy now, complete the form as an existing customer and your account will be opened. Within 24hrs.

Please note that they don't accept dollar cash deposit, you can only transfer from your domiciliary account to their dollar collection account.

However, I prefer Norrenberger dollar fund. They have better rate and they accept dollar cash deposit in their collection account.

Basically dollar funds have same underlying assets ie eurobonds irrespective of the fund manager

emmasoft:
With the app, you can view your investments in the different mutual funds you subscribe to inuding the dollar fund.

Thanks

Neurotika:
₦10 million invested locally at 15% still gives you roughly $13,485 after 10 years, assuming the Naira falling from ₦1,600 to as high as ₦3,000. The same amount in the S&P 500 at 8% gives you $13,493. That’s a difference of less than $10 over a full decade. So the idea that dollar investments always outclass Naira assets isn’t always grounded in numbers.

When local rates are high, the opportunity cost of dollar conversion is real. What matters is maximizing value regardless of the currency you’re investing in. Smart investing means weighing yield, not just chasing currency stability.

Will like to hear more about your investment philosophy

Preator:
Will like to hear more about your investment philosophy

Just 4….
1. Weigh opportunity cost and relative yields ruthlessly: Always compare what you’re giving up when choosing any portfolio.
2. Blend long-term compounding with tactical timing: Utilize the power of compounding but adjust allocations based on relative yield trends.
3. Inflation is the benchmark, not the excuse: Nothing may fully beat it now, but that’s no reason to chase “safety” at the cost of returns. The goal is to minimize the erosion smartly.
4. Test Dogma with data, not consensus: Don’t just follow what sounds smart, test it. If the math doesn’t work, the theory doesn’t either.

Please can we discuss the MMF & the real estate
Does the real estate market really worth the hype?
I want to be enlightened please like a dummy.

0ubenji:
What are the fees associ with the norrenberger dollar fund, please?

There is no fee associated with the dollar fund apart from the normal management fees, which is common to all mutual funds