₦airaland Forum

EquityM:
Thanks a lot for the insight; I will just stick to equity for my long-term growth. The rest will only get around 100-500k just for dividend purposes.

no wahala

Beeron:
no wahala

So basically all this fixed income and it's different variations are not worth it?

I'm currently in MMF with Trustbanc, recently started UCAP'S equity fund and wealth for women fund , all via cowrywise

Also what's your take on Cardinal's Alpha fund. Just started that too but don't get it yet

It worth it if you are patient. CardinalStone fixed income fund is good for steady income and dividend payout. You might notice that your money is dropping; it's just the NAV that is fluctuating. Some fund managers use "NAV," and some don't. Basically, most funds require a substantial amount of money to meet certain targets.

t33why:
So basically all this fixed income and it's different variations are not worth it?

I'm currently in MMF with Trustbanc, recently started UCAP'S equity fund and wealth for women fund , all via cowrywise

Also what's your take on Cardinal's Alpha fund. Just started that too but don't get it yet

t33why:
So basically all this fixed income and it's different variations are not worth it?

I'm currently in MMF with Trustbanc, recently started UCAP'S equity fund and wealth for women fund , all via cowrywise

Also what's your take on Cardinal's Alpha fund. Just started that too but don't get it yet

if I were to rebalance your portfolio, I would exit UCap equity fund for a very active one like Afrivest equity fund, exit UCap women whatever and either send the money to Trustbanc or Afrivest.

Same thing applies to Cardinalstone fixed income alpha only if you have less than 2 million there, it's a waste of time if you don't have huge money there when it should be compounding at 19% in Trustbanc.

The illusion here is MMF can also serve as Fixed income fund but we fail to see it.

I’m starting to realize how elitist fundmanagers in Nigeria are. It seems their ethos is to mantain status quo with the poor and middle class and make the rich richer.

The hate to grow people into wealth if you’re not already wealthy. How else would you explain reserving some select stocks for certain folks?

Beeron:
EquityM my Gee, if you looking to invest in any assets management house, please let me know which, I will ask of the information you have gathered about them, I would help you run their numbers and comparison as against their competitors and see how shittty or good they are.

This goes out to everyone who is looking to invest in a new Asset management company.

Keep in mind, I wouldn't be able to tell the quality of their customer service oooo, that's out of my reach. I will deal with numbers only.

I am in please. 👍

Iamblessed88:
I’m starting to realize how elitist fundmanagers in Nigeria are. It seems their ethos is to mantain status quo with the poor and middle class and make the rich richer.

The hate to grow people into wealth if you’re not already wealthy. How else would you explain reserving some select stocks for certain folks?

It is what it is. My plan now is to raise more capital before I dive into certain investment so that I won't be wasting my time.

May God help the mekunnu

Most fund managers also invest heavily with our funds for their benefits. To make serious gains, one has to have a huge amount of money in this game. Equity might be risky; however, it still stands out as the only means to beat inflation if you actually meet an exceptional fund manager. Zrosk does not do fixed income or MMF, as they deemed it a waste of time, so with 5M as a minimum capital, it's a good investment for me. On the Nairaland stocks forum, those guys are making millions and billions by selling and buying, which even affects equity sometimes as they take off their profit instantly.

Iamblessed88:
I’m starting to realize how elitist fundmanagers in Nigeria are. It seems their ethos is to mantain status quo with the poor and middle class and make the rich richer.

The hate to grow people into wealth if you’re not already wealthy. How else would you explain reserving some select stocks for certain folks?

Please @Beeron and @EquityM,

For the sake and the purpose for which this thread was created in the first place please, could you two put your vast experiences in both Equity fund and fixed income come up with a little guide on how much is appropriate or at least, an estimated amount to invest to put into each respectively with their fund managers investment that will add values to every investors.

For instance, if based on your experience or calculation Cardinal fixed income or Equity fund will, realistically only cost like N500,000 to invest into and make something meaningful and investing less will only mean wasting time and resources?

The idea is to give everyone, both the experienced and newbies(newcomers) to at least have a solid idea of what it means to invest a certain amount to make meaning of their investment or money instead of wasting their time investing in what has little to no value to their long-term goals say ' 45k of 30k, etc. Since it's now clear that these fund managers are mostly elites' favourite and selective- for the few of us with less to make something out of their elite tags.

Smattrader:
Please @Beeron and @EquityM,

For the sake and the purpose for which this thread was created in the first place please, could you two put your vast experiences in both Equity fund and fixed income come up with a little guide on how much is appropriate or at least, an estimated amount to invest to put into each respectively with their fund managers investment that will add values to every investors.

For instance, if based on your experience or calculation Cardinal fixed income or Equity will, realistically only cost like N500,000 to invest into and make something meaningful and investing less will only mean wasting time and resources?

The idea is to give everyone both the experienced and newbies(newcomers) to at least a solid idea of what it means to invest a certain amount to make meaning of their investment or money instead of wasting their time investing in what has little to no value to their long-term goals say ' 45k of 30k, etc. Since it's now clear that these fund managers are elites and selective for the few of us with less to make something out of their elite tags.

I get your point.

But it all comes down to 2 things.

Do you want to grow wealth or you want to preserve wealth?

If you want to grow wealth: Equity based investment or any investment that has exposure to Equity.

If you want to preserve wealth: MMF

Now fixed income should preserve wealth only when the money invested can be considered huge, if you have lesser money in it, it doesn't make sense when you can actually go compound that money in MMF rather than holding for 1 full year for the barest minimum in fixed income even if you were promised dividend. That dividend is to make you stay while they take your money to go make bigger money in money market.

If you have nothing less then 2 million, stay off fixed income.

If you are a risky investor (500K), I'll put 400k in equity and 100k in DLM fixed income. In two years' time, your 400k will be 800k for sure, no doubt about that. So if you want growth, more equity, fixed income for dividends, and steady growth, you can also try MMF like TrustBanc, which has a steady rate, and this will give you good returns and compounding. I have 500k in TrustBanc and DLM fixed income. DLM has been delivering better than the MMF for daily interest accrued; however, it's too early to judge. Based on my experience, start with a million if you can.

Smattrader:
Please @Beeron and @EquityM,

For the sake and the purpose for which this thread was created in the first place, please, could you two put your vast experiences in both Equity fund and fixed income come up with a little guide on how much is appropriate or at least, an estimated amount to invest to put into each respectively with their fund managers investment that will add values to every investors.

For instance, if based on your experience or calculation Cardinal fixed income or Equity fund will, realistically only cost like N500,000 to invest into and make something meaningful and investing less will only mean wasting time and resources?

The idea is to give everyone, both the experienced and newbies(newcomers) to at least have a solid idea of what it means to invest a certain amount to make meaning of their investment or money instead of wasting their time investing in what has little to no value to their long-term goals say ' 45k of 30k, etc. Since it's now clear that these fund managers are mostly elites' favourite and selective- for the few of us with less to make something out of their elite tags.

Bro, the DLM fixed income—is it really a fixed income? The daily rate is like MMF around 20-22% daily. It's different than CD alpha fixed income.

Beeron:
I get your point.

But it all comes down to 2 things.

Do you want to grow wealth or you want to preserve wealth?

If you want to grow wealth: Equity based investment or any investment that has exposure to Equity.

If you want to preserve wealth: MMF

Now fixed income should preserve wealth only when the money invested can be considered huge, if you have lesser money in it, it doesn't make sense when you can actually go compound that money in MMF rather than holding for 1 full year for the barest minimum in fixed income even if you were promised dividend. That dividend is to make you stay while they take your money to go make bigger money in money market.

If you have nothing less then 2 million, stay off fixed income.

EquityM:
It worth it if you are patient. CardinalStone fixed income fund is good for steady income and dividend payout. You might notice that your money is dropping; it's just the NAV that is fluctuating. Some fund managers use "NAV," and some don't. Basically, most funds require a substantial amount of money to meet certain targets.

Hey thanks senior man for the response. To be honest na you make me go Cardinal, although I've had an account for a while but never invested. I'm still trying to get the whole thing majorly the reduction in capital. The bulk of my funds is in Trustbanc in cowrywise bloom but I'm looking at trying other decent risk and moderate long term growth products hence my foray into UCAP and Cardinal

EquityM:
Bro, the DLM fixed income—is it really a fixed income? The daily rate is like MMF around 20-22% daily. It's different than CD alpha fixed income.

They are holding more of old bond that's why it's ranking high when it comes to returns.

At some point, bond will reprice depending on the situation of the Economy, if CBN hike rates tomorrow, that bond will stop being attractive and it will affect their high paying yield.

Venture into DLM for fixed income, as your money will not drop. It's basically MMF pro.

t33why:
Hey thanks senior man for the response. To be honest na you make me go Cardinal, although I've had an account for a while but never invested. I'm still trying to get the whole thing majorly the reduction in capital. The bulk of my funds is in Trustbanc in cowrywise bloom but I'm looking at trying other decent risk and moderate long term growth products hence my foray into UCAP and Cardinal

I see. I think they are into debt bonds; I saw it somewhere on their website.

Beeron:
They are holding more of old bond that's why it's ranking high when it comes to returns.

At some point, bond will reprice depending on the situation on the Economy, if CBN hike rates tomorrow, that bond will stop being attractive and it will affect their high paying yield.

Beeron:
if I were to rebalance your portfolio, I would exit UCap equity fund for a very active one like Afrivest equity fund, exit UCap women whatever and either send the money to Trustbanc or Afrivest.

Same thing applies to Cardinalstone fixed income alpha only if you have less than 2 million there, it's a waste of time if you don't have huge money there when it should be compounding at 19% in Trustbanc.

The illusion here is MMF can also serve as Fixed income fund but we fail to see it.

Thank you for this, I appreciate you and EquityM for this thread, and everyone that's been contributing knowledge here and I especially do not take it for granted.
I'll check out Afrivest, my main isssue with not putting substantial funds in Cardinal Alpha is that I do not just understand the idea behind the reduction in capital for the small amount I've put to test, or maybe I'm looking at it from the lens of MMF

EquityM:
If you are a risky investor (500K), I'll put 400k in equity and 100k in DLM fixed income. In two years' time, your 400k will be 800k for sure, no doubt about that. So if you want growth, more equity, fixed income for dividends, and steady growth, you can also try MMF like TrustBanc, which has a steady rate, and this will give you good returns and compounding. I have 500k in TrustBanc and DLM fixed income. DLM has been delivering better than the MMF for daily interest accrued; however, it's too early to judge. Based on my experience, start with a million if you can.

This DLM, is the mode of operation same as Cardinal in terms of the NAV thing

t33why:
Thank you for this, I appreciate you and EquityM for this thread, and everyone that's been contributing knowledge here and I especially do not take it for granted.
I'll check out Afrivest, my main isssue with not putting substantial funds in Cardinal Alpha is that I do not just understand the idea behind the reduction in capital for the small amount I've put to test, or maybe I'm looking at it from the lens of MMF

EquityM has more experience with CardinalStone.

He probably has an idea but note that if the reduction is on your interest earn, that's normal.

EquityM:
I see. I think they are into debt bonds; I saw it somewhere on their website.

it's the same thing bro, debt bond and bond is still the same.

The fixed income fund of CD is based on NAV, so if the bond rate is low for that day, you will see minus, nevertheless, your capital is still secured, as there are some tiny benefits you will gain from it. It's like a fisherman waiting to catch the biggest fish. Just invest like 50k or 100k and forget about it. TrustBanc or DLM is a better option. The real bond from CardinalStone is 50m and the minimum deposit.

Beeron:
EquityM has more experience with CardinalStone.

He probably has an idea but note that if the reduction is on your interest earn, that's normal.

Not at all. No NAV drama.

t33why:
This DLM, is the mode of operation same as Cardinal in terms of the NAV thing

Thank you for your inputs and efforts, @Beeron and @EquityM.

How about the Susuk bond and the OMO bond? One of them requires 50 m as well.

Beeron:
it's the same thing bro, debt bond and bond is still the same.

EquityM:
How about the Susuk bond and the OMO bond? One of them requires 50 m as well.

Now this is where the money is.

If I explain, I might take the whole of this page and time no dey.

But you see that OMO, that is the goal of all these assets managers doing money market with banks.

The more money they can get from you as an investor to take to lend to the bank, the more money bank will pay them from their OMO gains because CBN under Emefiele banned Asset managers from investing directly in OMO, so they go through banks to do the deal.

That's why I keep saying all those fixed income investment is crap because they basically need your money to make more money in money market with banks who is ready to split OMO gains with them and unless you have huge money, your money is earning you peanut, hence the reason why compounding via MMF makes better sense.

Sukuk bond is something different in Islamic sharia, it's like a promisory note with the government to pay you back with interest after giving government money to build infrastructure.

Cheers, bro. I understand clearly, and thank you for your insight on this thread.

Beeron:
Now this is where the money is.

If I explain, I might take the whole of this page, and time no dey.

But you see that OMO, that is the goal of all these assets managers doing money market with banks.

The more money they can get from you as an investor to take to lend to the bank, the more money bank will pay them from their OMO gains because CBN under Emefiele banned Asset managers from investing directly in OMO, so they go through banks to do the deal.

That's why I keep saying all those fixed income investment is crap because they basically need your money to make more money in money market with banks who is ready to split OMO gains with them and unless you have huge money, your money is earning you peanut, hence the reason why compounding via MMF makes better sense.

Sukuk bond is something different in Islamic sharia, it's like a promisory note with the government to pay you back with interest after giving government money to build infrastructure.

Here is an illustration of a 2024 equity investor. Currently, the NAV selling price is 2.00, so if he chooses to cash out today, he will receive 1 million naira. This is the power of equity.

EquityM:
Good reason to invest aggressively as a man.

Trash

Gutter talk. The poster is obviously not married. Na only the unmarried go believe this falsified story

Beeron:
You might see the woman as doing anything to keep a roof over her family but again she also exhibited a behavior that makes one think that even if her husband was an investor but doesn't make enough returns from his investment, his wife will still compromise and have sex with a richer guy who offers extra money to feed the family.


Anyways I see it as survival but if she repeatedly does it, she is a h o e.

Bro, this story is just made up for traction and plenty engagement

Smattrader:
It is what it is. My plan now is to raise more capital before I dive into certain investment so that I won't be wasting my time.

May God help the mekunnu

Exactly 💯... the moment one can dedicate some good amount you will enjoy it more.

Compounding is just about putting in more cash regularly and keeping the former therein

EquityM:
Most fund managers also invest heavily with our funds for their benefits. To make serious gains, one has to have a huge amount of money in this game. Equity might be risky; however, it still stands out as the only means to beat inflation if you actually meet an exceptional fund manager. Zrosk does not do fixed income or MMF, as they deemed it a waste of time, so with 5M as a minimum capital, it's a good investment for me. On the Nairaland stocks forum, those guys are making millions and billions by selling and buying, which even affects equity sometimes as they take off their profit instantly.

Absolutely. Save 90% of your salary if you can and just throw it in each month. I said something similar some days back. All these FMs asking for minimum of 5k as entry for any investment are just being disingenuous. It’s not for the good of the investor but for their own good.if you buy 5k MMF, tell me how many years it would take you to grow it

Smattrader:
It is what it is. My plan now is to raise more capital before I dive into certain investment so that I won't be wasting my time.

May God help the mekunnu

Exactly. More capital is the way to go . I intend to live a frugal the next 5 to 10 years and channel everything to my investment account