₦airaland Forum

EquityM:
https://mobile-web.cardinalstone.com/
Register on this website or download the app "CS Alpha" on the Play Store or Apple Store.

bassdow:
you ought be asking to see evidence and history, not this one you saying

Preator:
The intl rating agencies actually do national ratings mostly as its more useful locally.

The other onr u wan learn.. 😂 i reserve comment for now. Na public forum

EquityM:
Sorry, bro. Equity is like buying stocks. However, the stocks are bought on your behalf by CardinalStone. E.g., Gtco, Aradel, Seplat, Buafood, and high-yield dividend stocks. When these stocks rise, you earn money everyday, when the stocks go down, you lose some money. However, some stocks do better than others, so it is unlikely to lose your capital. The interesting part is that you get dividends from these stocks annually apart from the capital gains. To make a profit, you need to invest at least 50 to 100k to fight off losses. In a week (trading is 5days) you might earn profit in 3 days and losses in 2 days, a little dip. However, the profit usually beats the losses. This week I only lost 12,000 naira and made 200,000 naira..

Retro9090:
Stanbic MMF at 15.63% is not encouraging at all. I currently have 176M naira in it. I am contemplating moving to a different asset manager.

FineUsername:
Kindly share their ratings on Naija MMF/Managers.

As I said, I'm open to learning. Take it or leave it.

compunigeria:
Please, can you kindly explain the reason for the bolded part above. Is the profit / dip not a percentage of the amount invested? I am expecting a uniform percentage gain/ dip per time across all the investments.

Coolis:
Una don dey confuse person like this so, l been think say na only court them dey say he who must come to equity must come with a clean hands.

All these equity people, e don reach make una open una own thread. Na Abeg l dey oo, make una leave us with MMF. Equity people,, abeg make una open una own thread, make una leave us with MMF news, story and every other gist that has to do with MMF bikonu

Allboiz:
I heard there's dividend biannually and the total rates at the end of a year is around 17 - 20%. Also, it doesn't go down anyhow like mmf. It's stable and steady.

Keith05cool:
I have cardinal stone already, did mutual funds with them too

Preator:
Cool.

The big three do not rate nigerian fund managers to the best of my knowledge. They issue ratings on entities with major international exposure either countries, banks or major financial institutions.

Now, the ratings done by national rating agencies are not credit ratings like those of banks. It does not reflect their ability to repay debts or meet their financial obligations in a timely manner.

Mostly, the ratings are management quality or investment managers rating. They assess the quality of your managers. It shows how good your fund manager is in managing your assets. It also talks about the quality and adherence to internal controls, risk management and operational efficiencies.

These are important. We mostly forget that almost all these fund managers are heavily involved in managing equity based portfolios where quality of the manager shines.

However, for your mmf, it is largely insignificant because SEC mainly limits what each manager can do. Essentially their use of individual judgement is limited

1. You must invest at least 70% in assets that will liquidate within 365 days
2. The assets must have a minimum of BBB rating
3. You cant put more than 20% of your AUM in a single security(no matter how sweet it is) except its government securities (t-bills)
4. Fees and expenses are capped at 1.5% and 3.5% of your NAV
5. You must settle every redemption within T+1
6. Interest must be distributed quaterly
7. Plus the funds are not kept with the fund manager

There are some more rules sha. You can also read more on Regulation of investment of pension fund assets which is allied.

With this, you will see that judgment is limited for MMF but the rating is indicative for Equity based portfolios.

EquityM:
I've started an equity investment forum. Anyone who trades equity is welcome to join; let's learn together and make money legally. May God give us wisdom. Thank you, everyone, and goodbye.

na only u go dey post there now worry 🤣

Creditalerts:
na only u go dey post there now worry 🤣

EquityM:
Haha, no worries, bro.

Preator:
Cool.

The big three do not rate nigerian fund managers to the best of my knowledge. They issue ratings on entities with major international exposure either countries, banks or major financial institutions.

Now, the ratings done by national rating agencies are not credit ratings like those of banks. It does not reflect their ability to repay debts or meet their financial obligations in a timely manner.

Mostly, the ratings are management quality or investment managers rating. They assess the quality of your managers. It shows how good your fund manager is in managing your assets. It also talks about the quality and adherence to internal controls, risk management and operational efficiencies.

These are important. We mostly forget that almost all these fund managers are heavily involved in managing equity based portfolios where quality of the manager shines.

However, for your mmf, it is largely insignificant because SEC mainly limits what each manager can do. Essentially their use of individual judgement is limited

1. You must invest at least 70% in assets that will liquidate within 365 days
2. The assets must have a minimum of BBB rating
3. You cant put more than 20% of your AUM in a single security(no matter how sweet it is) except its government securities (t-bills)
4. Fees and expenses are capped at 1.5% and 3.5% of your NAV
5. You must settle every redemption within T+1
6. Interest must be distributed quaterly
7. Plus the funds are not kept with the fund manager

There are some more rules sha. You can also read more on Regulation of investment of pension fund assets which is allied.

With this, you will see that judgment is limited for MMF but the rating is indicative for Equity based portfolios.

welzyj2:
This trustbanc rate is always moving nawa oo

heavenisreal18:
Good Afternoon
Pls when transferring money to Stanbic mmf ,can I transfer using other bank to credit my E- account as well

emmasoft:
Funding your MMF account can be from any of your personal bank accounts with any bank, even a fintech, provided there is proper narration to avoid delay in funds tracing.

Creditalerts:
I use opay to fund my stanbic sef is no issue they gave me a virtual account number STANBIC is nice but their rate 🤮

welzyj2:
Once stanbic rate increases, the room will be closed to defectors

Creditalerts:
🤣🤣🤣 no way I will decamp back

Coolis:
Una don dey confuse person like this so, l been think say na only court them dey say he who must come to equity must come with a clean hands.

All these equity people, e don reach make una open una own thread. Na Abeg l dey oo, make una leave us with MMF. Equity people,, abeg make una open una own thread, make una leave us with MMF news, story and every other gist that has to do with MMF bikonu

EquityM:
I've started an equity investment forum. Anyone who trades equity is welcome to join; let's learn together and make money legally. May God give us wisdom. Thank you, everyone, and goodbye.

jejet1:
Consider doing a living trust rather than s Will...
It will save your beneficiaries a lot of legal processes