Mutual Funds - Investment (457)

Mutual Funds - Investment (457) - Nairaland

Nairaland Forum › Nairaland General › Investment › Mutual Funds (1542725 Views)

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Re: Mutual Funds by Creditalerts: 5:48pm On Jan 28

geoeast:
I am seeing two trustbanc on playstote.
One is "Prime by trustbanc" with 5k downloads while the second one is "prime pro" with 1k downloads.
Which one is the accurate one for mutual fund?

this one🤑

1 Like

Re: Mutual Funds by KingCassy(m): 6:12pm On Jan 28

Babygal2020:
Una dey try aswear.

Only 32M wey I get for Stanbic, I no get mind to move am to Cowrywise.

Also, I'm a lady. We no too get mind.

Una sha get money for this app oo😅😅

4 Likes

Re: Mutual Funds by Preator: 6:15pm On Jan 28

geoeast:
I am seeing two trustbanc on playstote.
One is "Prime by trustbanc" with 5k downloads while the second one is "prime pro" with 1k downloads.
Which one is the accurate one for mutual fund?

I use the pro

Re: Mutual Funds by Alaska90(m): 6:24pm On Jan 28

Creditalerts:
very trust and there customer care is active 100% SEC Approved and a nice fintech baby🥰

Please could you give me their customer care number? The online numbers are not going through

And also I dont know if you know the way arround the app....I downloaded the app but is giving error message "no data not found" after giving my BVN and date of birth respectively.

thanks

Re: Mutual Funds by Nobody: 6:29pm On Jan 28

Creditalerts:
I dey tell u no time to sit down look o,I carry my money for head dey chase MMF highest bidders 🤑🤣🤣✌🏾

You and Preator na bad gang una be grin

Nonloyalist cheesy

Re: Mutual Funds by Nobody: 6:30pm On Jan 28

Babygal2020:
Una dey try aswear.

Only 32M wey I get for Stanbic, I no get mind to move am to Cowrywise.

Also, I'm a lady. We no too get mind.

I also still have stanbic as my main mmf. although I have little fund in trustbanc

Re: Mutual Funds by Creditalerts: 6:38pm On Jan 28

Alaska90:

Please could you give me their customer care number? The online numbers are not going through

And also I dont know if you know the way arround the app....I downloaded the app but is giving error message "no data not found" after giving my BVN and date of birth respectively.

thanks

when I have similar issue I call the marked number below

Re: Mutual Funds by Creditalerts: 6:39pm On Jan 28

welzyj2:
You and Preator na bad gang una be

Nonloyalist

money must be made geng grin

Re: Mutual Funds by Creditalerts: 6:42pm On Jan 28

Preator:
Hmmm but the rate for Trustbanc on Cowrywise never change o. Still 19.34. we go see sha

Trustbanc on Cowrywise was 19.34 still today. Trustbanc app direct has changed 19.43 yesterday, 19.45 today. Maybe na how Cowrywise dey make their money be dt. Joined Trustbanc last weekend to be able to see if there are differences in rates. Will keep tracking. But frankly, the ability to get several MMF on one platform makes cowrywise worth it.

cowrywise own don show🤑

Re: Mutual Funds by Nobody: 6:43pm On Jan 28

Creditalerts:
money must be made geng

🤣 🤣 🤣

Re: Mutual Funds by Batman2412(m): 6:52pm On Jan 28

If I decide to do trustbanc mmf directly while I'm already on trustbanc mmf via cowrywise, would there be any issues? That 250 bucks cowrywise collect from me each time I wanna top up trustbanc mmf can get me a bag of pure water

2 Likes

Re: Mutual Funds by Alaska90(m): 6:55pm On Jan 28

Creditalerts:
when I have similar issue I call the marked number below

OK thanks

So the issue is known issue right?

Re: Mutual Funds by Creditalerts: 6:59pm On Jan 28

Alaska90:
OK thanks

So the issue is known issue right?

just tell them your difficulties they will give u maximum support 😉

Re: Mutual Funds by Creditalerts: 7:00pm On Jan 28

Batman2412:
If I decide to do trustbanc mmf directly while I'm already on trustbanc mmf via cowrywise, would there be any issues? That 250 bucks cowrywise collect from me each time I wanna top up trustbanc mmf can get me a bag of pure water

I do both funny enough but higher deposit on app🤑

1 Like

Re: Mutual Funds by FRANKLYex: 7:40pm On Jan 28

Batman2412:
If I decide to do trustbanc mmf directly while I'm already on trustbanc mmf via cowrywise, would there be any issues? That 250 bucks cowrywise collect from me each time I wanna top up trustbanc mmf can get me a bag of pure water

the shopping arena wey cowrywise be is one of the benefit I enjoy with them. You can literally switch between fund managers without loosing any day return

1 Like

Re: Mutual Funds by Batman2412(m): 7:43pm On Jan 28

I've downloaded trustbanc app and its alright, no service charge. How about i liquidate trustbanc mmf via cowrywise to fund trustbanc directly? Does it make sense?

1 Like

Re: Mutual Funds by FRANKLYex: 7:47pm On Jan 28

welzyj2:
I also still have stanbic as my main mmf. although I have little fund in trustbanc

But serious STANBIC is spoiling market for me. Currently doing the average of 17.65% annual yield with 6 fund managers managers only because STANBIC is still holding 33.5% of my fund..........

Re: Mutual Funds by Batman2412(m): 7:47pm On Jan 28

Yeah, that was what i thought until i recently discovered there's trustbanc app (prime pro) which i just downloaded. No service charge. I'm thinking of using cowrywise to check rate while i invest in the choosen AM directly. Though I'm already in trustbanc mmf via cowrywise

FRANKLYex:
the shopping arena wey cowrywise be is one of the benefit I enjoy with them. You can literally switch between fund managers without loosing any day return

Re: Mutual Funds by Neurotika: 8:44pm On Jan 28

FRANKLYex:
But serious STANBIC is spoiling market for me. Currently doing the average of 17.65% annual yield with 6 fund managers managers only because STANBIC is still holding 33.5% of my fund..........

“Diversification is protection against ignorance. It makes little sense if you know what you are doing” Warren Buffet

Re: Mutual Funds by Kelzalfonso: 9:06pm On Jan 28

You guys should be careful with that Trustbanc, their displayed Interest Rate is different from what you get. They also dont update their rate on daily basis. Dont fall for their trap. Meanwhile there are many other FM to try. GTCO, AIICO Capital and Chapel Hill Denham (Investnaija). Their rates are consistent, stable and better than Stanbic and CO.

1 Like

Re: Mutual Funds by Preator: 9:34pm On Jan 28

welzyj2:
You and Preator na bad gang una be

Nonloyalist

I dont know about Creditalerts o, but i am very loyal always...... To the highest returns 😂

1 Like

Re: Mutual Funds by Preator: 9:39pm On Jan 28

Batman2412:
If I decide to do trustbanc mmf directly while I'm already on trustbanc mmf via cowrywise, would there be any issues? That 250 bucks cowrywise collect from me each time I wanna top up trustbanc mmf can get me a bag of pure water

I use Cowrywise for ease of switching. I can easily liquidate on same cowrywise and move to meristem, UCAP etc on same cowrywise same day without it passing through my bank statement. Given the new tax law which mandates banks to report cumulative transactions in excess of 50m(or 25m depending on which version of the law u are using), i will rather avoid prying eyes of the tax man by not allowing the fund movement show on my bank statements. For me, N250 is a small payment for that secrecy.

6 Likes

Re: Mutual Funds by Batman2412(m): 10:13pm On Jan 28

So I decided to fund trustbanc mmf directly via prime pro some couple of hours ago. Yeah, no charges. But the fund has not reflected on my dashboard. When I funded my trustbanc mmf via cowrywise, the funds reflected on my dashboard within few minutes. I'm beginning to think the extra N250 charges with cowrywise is worth it. I'm allergic to delays

Re: Mutual Funds by Preator: 11:37pm On Jan 28

Batman2412:
So I decided to fund trustbanc mmf directly via prime pro some couple of hours ago. Yeah, no charges. But the fund has not reflected on my dashboard. When I funded my trustbanc mmf via cowrywise, the funds reflected on my dashboard within few minutes. I'm beginning to think the extra N250 charges with cowrywise is worth it. I'm allergic to delays

Might take a couple of days to show 😂. Or might not. But it will definitely show up.

2 Likes

Re: Mutual Funds by Batman2412(m): 12:07am On Jan 29

Couple of days? Or might not show? Who even send me sef?

Preator:
Might take a couple of days to show 😂. Or might not. But it will definitely show up.

Re: Mutual Funds by Princewalexy99: 6:03am On Jan 29*

Please who really know much about GT MMF as I appear to be a new beginner as their daily rate often appears fairly attractive since started with them.

Re: Mutual Funds by Preator: 7:03am On Jan 29

Batman2412:
Couple of days? Or might not show? Who even send me sef?

No o. I mean it might take a couple of days or not up to that. It will definitely show

1 Like

Re: Mutual Funds by Batman2412(m): 7:14am On Jan 29

Oh thank God. No mind me bro. Thanks for the clarification

Preator:
No o. I mean it might take a couple of days or not up to that. It will definitely show

Re: Mutual Funds by rukyboy(m): 10:11am On Jan 29

Princewalexy99:
Please who really know much about GT MMF as I appear to be a new beginner as their daily rate often appears fairly attractive since started with them.

How do you check their daily rates

Re: Mutual Funds by Princewalexy99: 10:16am On Jan 29

You can check their daily rates on their site or if u bank with them, u can check on their mobile app.

Attached is a screen shot showing their previous daily rate.

Re: Mutual Funds by rukyboy(m): 11:14am On Jan 29

Princewalexy99:
You can check their daily rates on their site or if u bank with them, u can check on their mobile app.

Attached is a screen shot showing their previous daily rate.

I checked on my bank app. I saw where they listed the gtmmf. But no rates.

Let me see of I can leave these stanbic people and their low rates and port to something better

Re: Mutual Funds by Princewalexy99: 11:25am On Jan 29

I think it should be there under investments... When you click on it, it should bring out the rates as I can presently access at the moment. I registered on their money market fund via Web browser and I then link it to my Gt mobile account which makes transactions more easier.

You can also check via Web browser to check it.

1 Like

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