Mutual Funds - Investment (465)

Mutual Funds - Investment (465) - Nairaland

Nairaland Forum › Nairaland General › Investment › Mutual Funds (1538657 Views)

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Re: Mutual Funds by Blackrose71: 7:14am On Feb 04

oiganji09:
What they current interest rate

Around 18.4% - 18.1%

Re: Mutual Funds by Creditalerts: 7:59am On Feb 04

oiganji09:
Please which mmf is the top now apart from trustbanc. What is the current interest rate of Norrenberger mmf? Thanks

for now stick to Trustbanc is the only stable and performing MMF for now with good rate others are fluctuating between 15% to 17% unless FirstAlly MMF premium that is 18% stable and the minimum u can invest in FirstAlly MMF premium is 5MILLION.

I don't follow name I follow good rates that is reliable and SEC APPROVED.

1 Like

Re: Mutual Funds by Harddiskng(m): 8:16am On Feb 04

Creditalerts:
Stanbicpls tell ur fund managers to wake up o 🤣🤣🤣

I have left them behind but I will come back to u guys if u perform better🤣🤣

I got their mail too.
Shingbain Stanbic IBTC won’t see an additional MMF investment, instead i would be withdrawing it sef grin

Re: Mutual Funds by candance: 8:33am On Feb 04

Good morning house. I'm new here and I will like to move my money from stanbic to trustbanc. Which of them should I download. Thank you

Re: Mutual Funds by Beeron: 8:48am On Feb 04

candance:
Good morning house. I'm new here and I will like to move my money from stanbic to trustbanc. Which of them should I download. Thank you

Folks have been saying it's difficult to get onboarded via their app and much more easier when you invest via cowrywise.

Would you pick the Red pill or Blue pill?

Re: Mutual Funds by Creditalerts: 8:57am On Feb 04

Beeron:
Folks have been saying it's difficult to get onboarded via their app and much more easier when you invest via cowrywise.

Would you pick the Red pill or Blue pill?

prime pro or invest through cowrywise is swift and sweet

1 Like

Re: Mutual Funds by Chidimercy: 9:15am On Feb 04

Creditalerts:
for now stick to Trustbanc is the only stable and performing MMF for now with good rate others are fluctuating between 15% to 17% unless FirstAlly MMF premium that is 18% stable and the minimum u can invest in FirstAlly MMF premium is 5MILLION.

I don't follow name I follow good rates that is reliable and SEC APPROVED.

How do I get this? I want to move my money to first ally MMF premuim or Trustbanc, how do I get their app?

Re: Mutual Funds by emmasoft(m): 9:35am On Feb 04

oiganji09:
Please which mmf is the top now apart from trustbanc. What is the current interest rate of Norrenberger mmf? Thanks

Norrenberger MMF is 18.19%. Click the second link in my signature to open an account.

You need the usual KYC ( passport photo, government-issued ID, utility bill not older than 3 months and your signature) documents to open an account. The KYC documents should not be more than 100kb each when uploading them during account

Please note that Norrenberger will not ask for cash to open an account.

Re: Mutual Funds by Creditalerts: 9:44am On Feb 04*

Chidimercy:
How do I get this? I want to move my money to first ally MMF premuim or Trustbanc, how do I get their app?

this their app download it and follow the registration process @emmasoft will give you his referral code

Re: Mutual Funds by Creditalerts: 10:20am On Feb 04

Another name for Trustbanc MMF IS 19ish🤣

1 Like

Re: Mutual Funds by emmasoft(m): 10:22am On Feb 04

Creditalerts:
this their app download it and follow the registration process @emmasoft will give you his referral code

Here is the referral code for First Ally ie myinvestar app: SA-Emma

Re: Mutual Funds by Princewalexy99: 1:25pm On Feb 04*

Be like Gt money market fund daily interests are not taxed before net payments. Please who knows when Gt money market fund 10% tax are taken?

Re: Mutual Funds by Creditalerts: 2:25pm On Feb 04

Today's rate

Stanbic 15.41% 🙂

Trustbanc 19.44% 🤑

Re: Mutual Funds by lovewins: 3:06pm On Feb 04

Creditalerts:
Today's rate

Stanbic 15.41% 🙂

Trustbanc 19.44% 🤑

Quick question.

I intend to invest with Trustbanc on Cowrywise. Should I commit my funds, is there a timeline the funds are locked in before I can withdraw? I've seen comments where persons opined you can change should rates on stanbic improve, does that mean withdrawal can be made at will?

Re: Mutual Funds by Creditalerts: 3:28pm On Feb 04

lovewins:
Quick question.

I intend to invest with Trustbanc on Cowrywise. Should I commit my funds, is there a timeline the funds are locked in before I can withdraw? I've seen comments where persons opined you can change should rates on stanbic improve, does that mean withdrawal can be made at will?

Yes you can withdraw your fund anytime no lock period but interest rate are paid quarterly for now since the beginning of this quarter trustbanc is doing well I noticed them 4th quarter of 2025

Cowrywise is very good you can monitor your daily accrued interest and the app is seamless 🙂 but trustbanc app is also nice but I prefer Cowrywise so u can ask for my referral code 😉

Re: Mutual Funds by geoeast: 4:30pm On Feb 04

Please someone should share his or her experience with first ally HYIS Premium. Is my capital safe and is the withdrawal process fast.
Also does accrued interest add up to the capital and does it compound?

Re: Mutual Funds by Creditalerts: 5:02pm On Feb 04

geoeast:
Please someone should share his or her experience with first ally HYIS Premium. Is my capital safe and is the withdrawal process fast.
Also does accrued interest add up to the capital and does it compound?

ask @equitym is doing it

Re: Mutual Funds by david4mex: 6:15pm On Feb 04

Please is First Bank Asset Management different from First Bank Quest? I opened an account with first Bank asset management and funded. But I can't log in to the First Bank Quest App

1 Like

Re: Mutual Funds by petomas(m): 7:11pm On Feb 04

Creditalerts:
Lol I av done that already since 2004 🤣🤣🤣

Be ready to hear from my lawyers then cos I did that since 2003😛😛😛

Re: Mutual Funds by oiganji09: 7:41pm On Feb 04

Creditalerts:
for now stick to Trustbanc is the only stable and performing MMF for now with good rate others are fluctuating between 15% to 17% unless FirstAlly MMF premium that is 18% stable and the minimum u can invest in FirstAlly MMF premium is 5MILLION.

I don't follow name I follow good rates that is reliable and SEC APPROVED.

Thanks so much boss, how about MyInvestar, I think it same as FirstAlly right? Thanks

Re: Mutual Funds by 1F30M4(f): 8:03pm On Feb 04

oiganji09:
Thanks so much boss, how about MyInvestar, I think it same as FirstAlly right? Thanks

Yeah, MyInvestar is the FirstAlly app

1 Like

Re: Mutual Funds by Nobody: 8:21pm On Feb 04

Very safe; withdrawal is like a flash, 0.00 seconds; it enters your account. HYIS premium is MMF pro.

Creditalerts:
ask @equitym is doing it

Re: Mutual Funds by Niiade(m): 8:46pm On Feb 04

Creditalerts:
ask @equitym is doing it

Guess higher rate than their regular MMF.

Re: Mutual Funds by Nobody: 8:47pm On Feb 04

Of course, and monthly compounding.

Niiade:
Guess higher rate than their regular MMF.

Re: Mutual Funds by Creditalerts: 9:29pm On Feb 04

petomas:
Be ready to hear from my lawyers then cos I did that since 2003😛😛😛

biko🏃🏿🏃🏿🏃🏿🏃🏿

Re: Mutual Funds by Creditalerts: 9:30pm On Feb 04

Niiade:
Guess higher rate than their regular MMF.

Yes but trustbanc is their fada for now🤣🤑

Re: Mutual Funds by Creditalerts: 9:31pm On Feb 04

oiganji09:
Thanks so much boss, how about MyInvestar, I think it same as FirstAlly right? Thanks

yes it is cool

1 Like

Re: Mutual Funds by ogoo4real: 10:51pm On Feb 04

Btw Trustbanc and FirstAlly which is the best to invest in terms of high interest rate and reliability as well.

Re: Mutual Funds by geoeast: 11:37pm On Feb 04

@EquityM
For the first ally HYIS Premium, is it subject to 10% withholding tax on the interest earned or how is it calculated

Re: Mutual Funds by Crossblueart: 11:41pm On Feb 04*

EquityM:
Of course, and monthly compounding.

Really?
That's an effective yield of over 20% p.a.
Although trustbanc still beats this, even at quarterly compounding, but it's a very good alternative.

1 Like

Re: Mutual Funds by oiganji09: 12:05am On Feb 05

Creditalerts:
yes it is

Thanks how about Gt bank mmf. Any info on that?

Re: Mutual Funds by oiganji09: 12:06am On Feb 05

1F30M4:
Yeah, MyInvestar is the FirstAlly app

Thank you very much! .. any info on Gt bank mmf

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