₦airaland Forum

jejet1:
I notice everyone here only does money market. Are there other people investing in other funds.
I have been investing in the equity and balances funds with stanbic for 5 years now and the return exceeds mmf. Average of 40-60 % pa.
Are there other people investing on other funds?

oluseg2:
How does this work? Can you please enlighten us?

laurelbae:
I sent to stanbic UBA mutual fund account without my reference 😔
Wahala

jejet1:
Just same way you invest in mmf. There are other funds in the portfolio.

2011HajjWeber:
Give us the lists of the ones that gave you the 40-60% over the 5years, so that others can benefit

jejet1:
I notice everyone here only does money market. Are there other people investing in other funds.
I have been investing in the equity and balances funds with stanbic for 5 years now and the return exceeds mmf. Average of 40-60 % pa.
Are there other people investing on other funds?

Rhyah:
Don't forget to also mention that equity and balanced funds are of a higher risk level than mmf.
MMF is low risk and principle is guaranteed that's why it's spoken loudly about.

jejet1:
I notice everyone here only does money market. Are there other people investing in other funds.
I have been investing in the equity and balances funds with stanbic for 5 years now and the return exceeds mmf. Average of 40-60 % pa.
Are there other people investing on other funds?

Hatrick123:
From your experience, is it possible to subscribe directly from the old app .I have also had issues using this blunest.How is the redemption on the old app like

Rhyah:
Don't forget to also mention that equity and balanced funds are of a higher risk level than mmf.
MMF is low risk and principle is guaranteed that's why it's spoken loudly about.

jejet1:
Like I said earlier; stanbic ibtc nigeria equity fund and stanbic ibtc balanced fund. You can check their factsheet on their site to see the performances.

I just checked FBN smart beta equity from first bank now, they also report similar performance.

bassdow:
Are you speaking based on [personal] experience, or fact-sheet ?

jejet1:
See attached. If you are a long term investor and in for a long game.

Harddiskng:
You didn’t answer @bassdow’s question

Harddiskng:
You can’t subscribe directly from your wallet using old app but i have never used that feature either. For all my funds, i subscribe using bank transfer to the collection account.

Redemption on old app is straight forward and if i redeem before 8am most times i get my money before 1pm unlike bluenest till now I don’t receive online redemption receipt via email, that is why i reverted back to the old app.

Hatrick123:
Thanks for your reply.How long does it take for funds to reflect when you subscribe via bank transfer.

jejet1:
Do you read my previous posts. I have been investing in the 2 funds since 2021. And as Addendum, I am not promoting any product or company. I am not a sales agent. I am proving alternative views to anyone who is interested. No one should put me on the spot. I am here to to make money in the capital market, share my experience and learn from what others are doing. Thank you

Hatrick123:
Thanks for your reply.How long does it take for funds to reflect when you subscribe via bank transfer.

Neurotika:
Thanks for sharing. A friend in the fund said the same. I haven’t invested there tho, but it seems worth a small slice of one’s portfolio. However I think the edge MMFs have is that it lets you plan long term cos of their less erratic rates. The key is ensuring the amount invested in each portfolio reflects its inherent risk.

Fish4wealth:
Greetings to all investors here...its always a time to learn, unlearn and restrategise whenever i visit this page.
My curiosity drove me into investing in a so called "local business"....Amazingly i realised this local business offers between 3.5%-10% per capital per month.
The big question then was.....why do investors fails to support this business or entrepreneurs in this line but wouldn't mind investing in MMF and their likes inspite of their low interest and risk factors...??

I look forward to our constructive and educative commments as i intend to share my believe on every submission....

Thanks great investors

Hatrick123:
Thanks for your reply.How long does it take for funds to reflect when you subscribe via bank transfer.

bassdow:
First of all, try commenting using a different userName so your tactics isn't so glaring.
Secondly, one of the benefits of using providers such as Stanbic IBTC, etc is they already got a structure that takes care of both the learned and the newbies hence whether you're an expert, or a novice, chances of making a silly mistake is greatly reduced.

It's easy to want to support a local business BUT not everyOne got the right capital requirements, or the legal rights, among other things to be able to even spot such opportunities, let alone meet up with necessary requirements.
I presume you know already it's not just about giving someOne 500,000 naira or 100,000 naira to add to their business and then give you so so so interest at end of X Days.
Mind you, a client contacted me that He's got someone who wants to invest 25,000 dollars but it's got to be finTech. I made a couple of calls and was shocked the minimum a lot of them needed was way above the $25,000 the client mentioned. Money wey I think say plenty already.
Even one of the contacts listed out a couple of things and even me sef follow gree say true true the money small.

What I'm trying to say is that established providers such as Stanbic IBTC, and the likes have the necessary resources to make things work enough a lot of us trust working with them.

Make person no go invest 5-million for some kind local business, only to hear say the person or one of the main people JAPA, or say e die or one funny story or the other.
And also, I guess you aware the underlying instruments our funds are invested in MMF have very little chances of not returning profits.

Elui2:
Hello.

I recently registered on bluenest.

I got a call from one of stanbic ibtc customer care telling me to provide my wallet account number(the one that starts with C) for them to complete my registration.

I am wondering what it is needed for, or is it their standard protocol?

Pls someone that has an idea can respond.

emmasoft:
Sincerely, I still prefer the traditional way of account opening with Stanbic Asset Management using the link. Once you register through the link, your kyc is captured instantly, and your account is opened within 24 hours. Your e-account number ie, the account they are asking from you now, is issued. With that, if you do a transfer into their UBA collection account using the e-account number as narration, you get credited without any issues. Most times, using the Blunet just gives you instant account creation and help you login but you will still have to do all the formalities before you have your account running properly.

By the way, your e-account number is not your wallet account number. Your wallet is a specialized Stanbic bank account number through which you could also fund your MMF if you don't want to go through the collection account method.

Going forward, you can give them a call to let them know how you opened your account and that you will need your e-account number to be sent to you. Mind you, they will first need you to submit your kyc documents.

Elui2:
Thank you very much for the response.

I have my e-account number now.

It's the e-account that they told my yo send to them, I was wondering why the person told me to call out my E account number to her

Elui2:
Thank you very much for the response.

I have my e-account number now.

It's the e-account that they told my yo send to them, I was wondering why the person told me to call out my E account number to her