₦airaland Forum

EquityM:
Since you just signed up yesterday, your returns will be lower due to the NAV. The 600 naira you saw is your gain for that day, which will be added to the total value; however, your units won't go up unless you top up or make a redemption.

I am lost.
I understand now that my return is on the low side cos I just joined.

But i don't understand when you said, the ' 600 ' I saw Will be my gaine for that day cos, my daily income is actually 3,116/117 whilst my 3,106 on the other hand, total portfolio value stood at plus capital + ' 2544 accumulation.

Beeron:
Actually those are real phenomenal and not bond. Bond is apart of what fixed Income fund managers invest in generally but they also invest in short term money market like the bolded statement you quoted.

Google "Nigeria bank over rate" and then re-read my write up, it will make more sense to you.

Ok.
What prompted my question was the fact that most of the fixed funds I looked up, you'll see corporate bond ( inclusive) as part of their investment PORTFOLIO I e, CS.

Can you share a screenshot?

Smattrader:
I am lost.
I understand now that my return is on the low side cos I just joined.

But i don't understand when you said, the ' 600 ' I saw Will be my gaine for that day cos, my daily income is actually 3,116/117 whilst my 3,106 on the other hand, total portfolio value stood at plus capital + ' 2544 accumulation.

EquityM:
Since you just signed up yesterday, your returns will be lower due to the NAV. The 600 naira you saw is your gain for that day, which will be added to the total value; however, your units won't go up unless you top up or make a redemption.

I just signed up with CS now and i am looking through the details for fixed income and i want to understand how the profit or income is calculated, upon looking at the profile information it shows 19.77% for 2025. how would that surpass MMF if some MMF were on 22% in 2025?

How is the income or profit really calculated to understand which gives better returns in the lets say a year, please i understand you have explain it time after time, i just need clarity for my own understanding, no vex i can be slow in learning things.

EquityM:
Can you share a screenshot?

Here are all the details, my confusion in puctures.

Observe ;
The total networrh.
The Total return.
The closing value.

Did you subscribe to another mutual fund like equity?

Smattrader:
Here are all the details, my confusion in puctures.

Observe ;
The royal networrh.
The Total return.
The closing value.

Well, last year, NAV was not implemented. This year they are using the NAV and the new regulation from SEC. Lastly, you earn profit by selling your units when the NAV is high, if you should sell low, you gonna lose money. As for now, the NAV is high, if I should sell my units, I will earn all the accured interest.

Niiade:
I just signed up with CS now and i am looking through the details for fixed income and i want to understand how the profit or income is calculated, upon looking at the profile information it shows 19.77% for 2025. how would that surpass MMF if some MMF were on 22% in 2025?

How is the income or profit really calculated to understand which gives better returns in the lets say a year, please i understand you have explain it time after time, i just need clarity for my own understanding, no vex i can be slow in learning things.

EquityM:
Did you subscribe to another mutual fund like Equity?

Although, I will be pulling out soon from CS equity but YES!

That is why the total networth is showing that amount. It added fixed income fund and the equity fund in total.

Smattrader:
Although, I will be pulling out soon from CS equity but YES!

Smattrader:
Here are all the details, my confusion in puctures.

Observe ;
The total networrh.
The Total return.
The closing value.

wait is that 3000 naira in one day from 500k investment, EquityM is that how the profits come in? but my next question is if we make 3000 today, can the value drop aftterward or are there negative days that take away from the profit?

Yes, of course. That is one day profit due to the NAV. Your profit is tied down to the NAV, if he sells it now, that 3k will be added to his capital. MMF NAV stays the same, Fixed income NAV is like equity, buy and sell and fluctuate.

Niiade:
wait is that 3000 naira in one day from 500k investment, EquityM is that how the profits come in?

EquityM:
Yes, of course.

are there negative day and does the negative days drop the capital and profit gains?
Thank you so much

Smattrader:
Ok.
What prompted my question was the fact that most of the fixed funds I looked up, you'll see corporate bond ( inclusive) as part of their investment PORTFOLIO I e, CS.

You right. Very right.

Infact, Bond returns (both corporate bond and FG bond) is what Fixed income fund managers use to pay daily interest every day. My point aforementioned is regards the bump or spike you see in your interest in some days of the month.

Now that's where loaning to banks comes in.

Do you understand now? If you don't I can still try to explain in another format.

EquityM:
That is why the total networth is showing that amount. It added fixed income fund and the equity fund in total.

Now, that caught me offguard.

But wait a minute, please bear with me , base on my calculator calculator I should be having N552,732.43. So, my last question is where did the N200 plus GO?

There are negative days, red days, but smaller than equity. My advice is if you want to top up, do it on Friday evening only to beat the NAV system. Red days are temporary; just buy more units and relax.

Niiade:
Are there negative days, and does the negative days drop the capital and profit gains?
Thank you so much

Niiade:
are there negative day and does the negative days drop the capital and profit gains?
Thank you so much

Lool.
I can tell you are a practical person.
Solid question.

When you subscribed, there will be some hidden charges and there is a different btw buy NAV and sell NAV. So if you are buying new units, you will be charged more.

Smattrader:
Now, that caught me offguard.

But wait a minute, please bear with me , base on my calculator calculator I should be having N552,732.43. So, my last question is where did the N200 plus GO?

How did it go today, Chief?

Iamblessed88:
Ahaaa. Solid. Nice one

CardinalStone users, please update your NIN and BVN via their website. Today, I signed in via the web, and I saw a pop-up to enter my NIN, which automatically displayed my tax ID.

Omo, CS already have opened a CSCS account and CHN number for signing up, they are not playing at all o. Are they good for stock broking?
I get some small stocks i brought in my university day and never got feedback from my stockbroker before he disappeared or died cus he was an older gentleman back in the day and never got confirmation on some of the stock he said he purchased, can CS find them and move them if they are a good stock broking firm, i signed up with Stanbic last year and ARM in 2022 and till date they didnt give me any CSCS or CHN number lol but in less than 5 mins CS has done it.

EquityM:
CardinalStone users, please update your NIN and BVN via their website. Today, I signed in via the web, and I saw a pop-up to enter my NIN, which automatically displayed my tax ID.

immediately i inputed my NIN, my tax number came up straight.

You can start trading right away; they are in the top three stockbrokers in Nigeria, and they are the richest of all stockbrokers in Nigeria. Contact the CD registrar for your missing shares.

Niiade:
Omo, CS already have opened a CSCS account and CHN number for signing up, they are not playing at all o. Are they good for stock broking?
I get some small stocks i brought in my university day and never got feedback from my stockbroker before he disappeared or died cus he was an older gentleman back in the day and never got confirmation on some of the stock he said he purchased, can CS find them and move them if they are a good stock broking firm, i signed up with Stanbic last year and ARM in 2022 and till date they didnt give me any CSCS or CHN number lol but in less than 5 mins CS has done it.

EquityM:
When you subscribed, there will be some hidden charges and there is a different btw buy NAV and sell NAV. So if you are buying new units, you will be charged more.

Ok, I got charged for buying a new unit or as a newcomer but does it end there or not.

Regards!

Everyone has to pay for subscribing to a new unit.

Smattrader:
Ok, I got charged for buying a new unit or as a newcomer but does it end there or not.

Regards!

Beeron:
You right. Very right.

Infact, Bond returns (both corporate bond and FG bond) is what Fixed income fund managers use to pay daily interest every day. My point aforementioned is regards the bump or spike you see in your interest in some days of the month.

Now that's where loaning to banks comes in.

Do you understand now? If you don't I can still try to explain in another format.

Alright. Well understood and thanks.

This was what got me confused initially 👇

This was what you wrote that got me confused
👇

Actually those are real phenomenal and not bond. Bond is apart of what fixed Income fund managers invest in generally but they also invest in short term money market like the bolded statement you quoted.

The key word ' Apart '.

EquityM:
Everyone has to pay for subscribing to a new unit.

Thanks for your efforts so far. They are indeed helpful. 👍👍

I have done mine....twale Chief


At least I have finally gotten my tax ID

EquityM:
CardinalStone users, please update your NIN and BVN via their website. Today, I signed in via the web, and I saw a pop-up to enter my NIN, which automatically displayed my tax ID.

EquityM:
You can start trading right away; they are in the top three stockbrokers in Nigeria, and they are the richest of all stockbrokers in Nigeria. Contact the CD registrar for your missing shares.

i sent an email to there enquires desk, once updated i would move my share to them and maybe i can start buying penny stock. I am very keen on penny stock only for now any idea to get informed information on these, i am also watching Beeron's videos but i am not gambling with major stock. When i get dividends or any major up move on a penny stock will sell part of it and buy value stocks.

EquityM:
How did it go today, Chief?

Bro i went oo. I now understand why the gains for the csof is higher.

Basically, csof only invests 100% in equity while equity funds are a mix of equity and other money market instruments

Also, the equity funds are limited to the 30 top companies in the NGX while CSOF invests beyond these.

CSOF also has dedicated fund managers taking position in stocks after “strong research and information”. This means they can exit and take position on short notice unlike the equity funds where you are stuck with those 30 top companies come rain come sunshine.

Also, capital preservation is zero on csof, this means it’s all risk

I will sleep on it and decide what to do


There may be more to it that they cant divulge though.

My first ever experience in Afrinvest Equity and I am crying hot tears....

How do you guys do this o o o

Abasi mî mbok

LoriHamo:
My first ever experience in Afrinvest Equity and I am crying hot tears....

How do you guys do this o o o

Abasi mî mbok

Be specific, Equity or stock, Red or Green? Please, let's learn.

Beeron:
You right. Very right.

Infact, Bond returns (both corporate bond and FG bond) is what Fixed income fund managers use to pay daily interest every day. My point aforementioned is regards the bump or spike you see in your interest in some days of the month.

Now that's where loaning to banks comes in.

Do you understand now? If you don't I can still try to explain in another format.

Curious ;
Don't banks also cover corporate bonds?