₦airaland Forum

Ashamed at what this thread has become. How did we become an “i better pass my neighbor thread?”

Typical Nigerian mentality - i am not blessed untill i am doing better than my neighbors.

This new wave is all being led my creditalerts. Shame. I can already tell your type in real life

Indeed... Spamming the thread is an inspiration to you.
People with real money in investments or having good knowledge about investment don't make noise. They get busy with other things and comments only when necessary maturedly. Professionals like Emmasoft, Beeron and etal.

ezegold4we:
@tempest12, you have got no reason using those harsh word's on CREDIALERTS, that guy and other's here has has been a source of encouragement, direction, motivation and inspiration to lot's of people on this platform,

We should learn how to appreciate people with good heart instead of trying to attack them.

Iamblessed88:
Ashamed at what this thread has become. How did we become an “i better pass my neighbor thread?”

Typical Nigerian mentality - i am not blessed untill i am doing better than my neighbors.

This new wave is all being led my creditalerts. Shame. I can already tell your type in real life

Well I’m all for maximizing returns too, but I think this platform benefits more from a variety of options than consistently focusing on one fund. I understand the intention is likely to help people earn stronger returns, which I fully support. I’ve made similar arguments myself in my past posts, but I’ve avoided promoting any specific fund in order to keep this thread evergreen for future readers. This thread will outlive current market realities afterall. It’s a fact we should be mindful of when fronting funds.

Some of the best money market funds in Nigeria with strong recent performance include TrustBanc, Meristem, ARM, Chapel Hill Denham, and funds from asset managers like CardinalStone, Anchoria, Ecobank, and FBNQuest, known for high yields and capital preservation, with options like Stanbic IBTC and GT Money Market Fund offering conservative, low-risk choices with competitive returns and easy accessibility for various investor goals.

Top Performers & Popular Choices (Based on Recent Data)🙂
TrustBanc Money Market Fund: Shows high recent returns.
Meristem Money Market Fund: Consistently appears on top lists with strong yields.
ARM Money Market Fund: A large fund with high investor confidence and low entry points.
Chapel Hill Denham Money Market Fund: Another highly-rated option.
CardinalStone Money Market Fund: Cited for excellent returns.
FBNQuest Money Market Fund: A reliable choice from a major institution.
GT Money Market Fund: Low-risk, competitive returns with quarterly dividends.
Stanbic IBTC Money Market Fund: Conservative, bank-backed with consistent returns, ideal for capital preservation.

Ever since almost everyOne could afford flight tickets that we started hearing things that only happen in motor parks occur in Airports and AirPlanes

Theres no need to fight

I will only suggest people wait until after Feb 24th

If by March 1st and you discovered a wide margin, feel free to port to another fund manager with huge interest rate

My opinion o

Iamblessed88:
Ashamed at what this thread has become. How did we become an “i better pass my neighbor thread?”

Typical Nigerian mentality - i am not blessed untill i am doing better than my neighbors.

This new wave is all being led my creditalerts. Shame. I can already tell your type in real life

I don’t understand this man.

Are we not here to maximize return on our MMF investment

Abi you are working for that blue shield company

Please guys i need your opinion. Opened accounts and funded to test run the following MMF platforms. Please which is advisable to stick to;
(1) Stanbic Ibtc
(2) Coronation (On Access Bank App)
(3) ARM One
(4) United Capital (UBA) via Investng app
(5) FBN Asset Management
(6) GTB Fund Manager
Your opinions are needed please

...................................

david4mex:
Please guys i need your opinion. Opened accounts and funded to test run the following MMF platforms. Please which is advisable to stick to;
(1) Stanbic Ibtc
(2) Coronation (On Access Bank App)
(3) ARM One
(4) United Capital (UBA) via Investng app
(5) FBN Asset Management
(6) GTB Fund Manager
Your opinions are needed please

Stick with the one that help you meet your investment objective after your due diligence.

Since you already funded them, continue the test run, in a short while your choice will be obvious from experience.

I will also advise you to read some of my earlier posts and from others on this thread to learn more about mutual funds particularly MMF.
You will be fine.

How does filing of tax returns before 31st March 2026 affect those of us that rely on earnings from mmf?

david4mex:
Please guys i need your opinion. Opened accounts and funded to test run the following MMF platforms. Please which is advisable to stick to;
(1) Stanbic Ibtc
(2) Coronation (On Access Bank App)
(3) ARM One
(4) United Capital (UBA) via Investng app
(5) FBN Asset Management
(6) GTB Fund Manager
Your opinions are needed please

If it was before, I would suggest you stick with the top 3 biggest which are; Stanbic, United Capital and FBN. But with the new knowledge I have of how lazy some of these fund managers can be, taking advantage of their huge fund to earn from margin spread instead of doing the real hard work for investors to earn more, I will suggest you treat all of them like stocks.

Keep rotating your money amongst them hunting for the one that pays the highest returns per quarter.

One thing I have come to notice of late is; when an asset management manages fund across many investments, their mutual funds tends to suffer because they don't pay more attention to it.

Batman2412:
How does filing of tax returns before 31st March 2026 affect those of us that rely on earnings from mmf?

Great question

Who is seeing this update that Cowrywise just introduced? or is it just me? you cannot select individual funds to invest in again, it now comes as a basket of different funds.

You're right. I just confirmed this.

IamtheDef:
Who is seeing this update that Cowrywise just introduced? or is it just me? you cannot select individual funds to invest in again, it now comes as a basket of different funds.

IamtheDef:
Who is seeing this update that Cowrywise just introduced? or is it just me? you cannot select individual funds to invest in again, it now comes as a basket of different funds.

Maybe Trusbanc effect
Someone needs to clarify that with the account officer

IamtheDef:
Who is seeing this update that Cowrywise just introduced? or is it just me? you cannot select individual funds to invest in again, it now comes as a basket of different funds.

Does it mean one cannot invest in trustbanc separately anymore?

Elui2:
Does it mean one cannot invest in trustbanc separately anymore?

Trustbanc only....Apparently not except you invest directly with them. Investment amount is now split between different funds. Who send them message sef

t33why:
Apparently not except you invest directly with them

It seems those that has invested before this update still maintains their previous investment in trustbanc and you can top up your trustbanc portfolio too

Elui2:
Does it mean one cannot invest in trustbanc separately anymore?

Not the way it looks like presently except you go invest directly with Trustbanc

Elui2:
It seems those that has invested before this update still maintains their previous investment in trustbanc

Yes, mine is still there and I can top up also. I think the new update is only applicable to new investments.

I'll miss being able to move funds around in the cowrywise market without having to withdraw into my bank. That feature is so convenient kai

I just checked now....I saw the new update but I can still use my individual funds as well..

I topped up 100k yesterday for Afrinvest Equity....if they mistakenly try that rubbish....I am pulling out the 100K.....

t33why:
Yes, mine is still there and I can top up also. I think the new update is only applicable to new investments.

Exactly....look at their Average for MMF...16.69%

Look at their equity....ARM was highest this morning with close to 12%YTD.... just look at the average they used...

Na them sabi shaaa......by the end of the week if I no understand their new shenanigans I go face front....na my money...my rist

Kalas

t33why:
I'll miss being able to move funds around in the cowrywise market without having to withdraw into my bank. That feature is so convenient kai

LoriHamo:
Exactly....look at their Average for MMF...16.69%

Look at their equity....ARM was highest this morning with close to 12%YTD.... just look at the average they used...

Na them sabi shaaa......by the end of the week if I no understand their new shenanigans I go face front....na my money...my rist

Kalas

My follow up chart with the account officer

FRANKLYex:
My follow up chart with the account officer

I get the feeling this is aimed at satisfying the other providers with little or no subscription on their platform. people have just decided to go for the higher rates so they probably had to do something to bring patronage toward those ones too...maybe a condition to allow listing on their platform( this is purely speculation). I hope this does not backfire on them

LoriHamo:
Exactly....look at their Average for MMF...16.69%

Look at their equity....ARM was highest this morning with close to 12%YTD.... just look at the average they used...

Na them sabi shaaa......by the end of the week if I no understand their new shenanigans I go face front....na my money...my rist

Kalas

What's worse even is, there's no way to see the individual rates of these fund managers. This is one very ridiculous update

LoriHamo:
I just checked now....I saw the new update but I can still use my individual funds as well..

I topped up 100k yesterday for Afrinvest Equity....if they mistakenly try that rubbish....I am pulling out the 100K.....

On your existing investment? Or new ones too?

I made a complaint immediately I saw the new update.

Creditalerts:
TODAY'S RATE


STANBIC 15.40%🙂

FAAM (FirstAlly) 18.59%🤑


TRUSTBANC 19.56%🤑

What about the dollar rates? Please can you help?

david4mex:
Why? Are they solid like Stanbic?

Yes.

With better rates