₦airaland Forum

Did you redeem to your wallet or your bank account? Withdrawal usually takes 24 hours.

Bluearrow:
I redeemed my mutual fund to my cardinal stone paystack nuban account yesterday. It has showed paid this morning, but the funds has not reflected in my wallet apart from my existing balance. Do u know how long redemption usually take.

EquityM:
Did you redeem to your wallet or your bank account? Withdrawal usually takes 24 hours.

I redeemed to the nuban paystack account number in my account. I thought it should reflect in my wallet using the account number?

It won't reflect in your wallet; it will be paid directly to your bank account. However, if the funds are from your trading account, it will reflect in your wallet, and you have to transfer it manually from your wallet to your bank account.

Bluearrow:
I redeemed the nuban paystack account number in my account. I thought it should reflect in my wallet using the account number?

EquityM:
It won't reflect in your wallet; it will be paid directly to your bank account. However, if the funds are from your trading account, it will reflect in your wallet, and you have to transfer it manually from your wallet to your bank account.

I didn't choose my bank account during redemption, I choosed the nuban paystack account in my cardinal stone account, I thought it was supposed to reflect in my wallet using that option? I will send a message to support then.

You should get in touch with them ASAP.

Bluearrow:
I didn't choose my bank account during redemption, I choosed the nuban paystack account in my cardinal stone account, I thought it was supposed to reflect in my wallet using that option? I will send a message to support then.

Zenith bank?

What's the app name please...

Good morning boss mî

EquityM:
If you have some extra cash, port in to the Zenith ESG fund. It is currently at 22.09, currently ahead of Zrosk, CardinalStone, and others.

Yes, Zenith Bank Asset Management.

LoriHamo:
Zenith bank?

What's the app name please...

Good morning boss mî

Uberchic1:
Is anyone doing GT equity fund by gtco? Can't find their ytd anywhere even in the app smh. But I'm seeing they did 80% last year as at Dec 24. Their customer service is also shit.

Did you invest with zedcrest? They are 24.81% atm.

Gratefulme:
Did you invest with zedcrest? They are 24.81% atm.

Yes I did. My capital went down a bit when I signed up and they had to call me to shalaye cos I was really annoyed. But it has recovered already. The fund went from 18.52% to 23% and now 24.81%. It's doing really well this bullish run. Apparently the fund is 50% invested in the services sector which is driving the ngx so far this year. Don't know how correct that info last part is though.

The best time to enter an equity fund is early December or early January.

Uberchic1:
Yes I did. My capital went down a bit when I signed up and they had to call me to shalaye cos I was really annoyed. But it has recovered already. The fund went from 18.52% to 23% and now 24.81%. It's doing really well this bullish run.

Emailed gtfund managers. Their % ytd as at yesterday was 18.41%. Stanbic ethical 17.90%. Paramount 18.85%. In case anyone is curious.

EquityM:
The best time to enter an equity fund is early December or early January.

My thought exactly. We live and learn.

Uberchic1:
Yes I did. My capital went down a bit when I signed up and they had to call me to shalaye cos I was really annoyed. But it has recovered already. The fund went from 18.52% to 23% and now 24.81%. It's doing really well this bullish run. Apparently the fund is 50% invested in the services sector which is driving the ngx so far this year. Don't know how correct that info last part is though.

My kyc has just been approved. I'll invest with them and see how it goes. The capital going down at first is typical to equity not a fund managers fault. I put tashere in stanbic imaan too. Will keep u posted anyhoo.

EquityM:
Zenith ESG is at 22.09 YTD; it's currently ahead of all the equities I know, including Zrosk and CardinalStone. If there is any cash to spare, kindly spare it for the ESG.

!! What's zrosk most recent ytd?

21.40%.

Uberchic1:
!! What's zrosk most recent ytd?

EquityM:
21.40%.

Zrosk, zedcrest and zenith esg seem to be leading the others so far. I wonder how long this bull run will be sustained before the market turns bearish.

After Q1, we might see some bearish months as traders might rebalance their portfolios. NGX30 stocks are racing against each other at the moment, so we might have a long bullish momentum for now. The Zenith ESG caught me off guard; 15,500 naira returned 19k+ in 4days. 15k+ in MMF will give you 250 naira in a month. I have topped it up aggressively, let's see how far it will go.

Uberchic1:
Zrosk, zedcrest and Zenith ESG seem to be leading the others so far. I wonder how long this bull run will be sustained before the market turns bearish.

Go aggressively if you can. Don't dull yourself. I have withdrawn my funds from the Cardinal fixed income fund; I am going all in on the equity mutual funds.

Gratefulme:
My kyc has just been approved. I'll invest with them and see how it goes. The capital going down at first is typical to equity not a fund managers fault. I put tashere in stanbic imaan too. Will keep u posted anyhoo.

EquityM:
Go aggressively if you can. Don't dull yourself. I have withdrawn my funds from the Cardinal fixed income fund; I am going all in on the equity mutual funds.

Go hard or go home 🤣

If I had invested 10m in early Jan in Zrosk or ESG, I would have 12.1M right now. I won't dull myself again.

Uberchic1:
Go hard or go home 🤣

EquityM:
After Q1, we might see some bearish months as traders might rebalance their portfolios. NGX30 stocks are racing against each other at the moment, so we might have a long bullish momentum for now. The Zenith ESG caught me off guard; 15,500 naira returned 19k+ in 4days. 15k+ in MMF will give you 250 naira in a month. I have topped it up aggressively, let's see how far it will go.

Looking forward to your feedback on Zenith.

Big juju money to drop tonight. Any gains now should not be withdrawn, as it will shield your capital from losses when Spartacus (bear) season arrives.

Thanks chief....I have created an account now waiting for KYC review and approval....

I have been lazy about moving funds around....I have woken up from slumber o o....how I go dey dull sef....

Meanwhile....I have created UCAP as well...

EquityM:
Yes, Zenith Bank Asset Management.

UCAP is not doing well; Zenith or Zedcrest should be your targets now. 1/2 equity fund managers are okay as you want to grow your funds rapidly. My 2 cents: if you have 100k, split it into half and use it for the equity fund managers you decide to go with.

LoriHamo:
Thanks, chief... I have created an account and am now waiting for KYC review and approval....

I have been lazy about moving funds around....I have woken up from slumber o o....how I go dey dull sef....

Meanwhile....I have created UCAP as well...

Thanks chief....the zcrest app?

EquityM:
UCAP is not doing well; Zenith or Zedcrest should be your targets now. 1/2 equity fund managers are okay as you want to grow your funds rapidly. My 2 cents: if you have 100k, split it into half and use it for the equity fund managers you decide to go with.

@Uberchic1, can you guide her through?

LoriHamo:
Thanks chief....the zcrest app?

This week ended well, glory to God in heaven.

LoriHamo:
Thanks chief....the zcrest app?

This one. Signing up and registration is pretty straightforward from what I remember. If you encounter any issue, ask here and post a screenshot if possible.

EquityM:
This week ended well, glory to God in heaven.

wow 2.06! That's amazing. Afrinvest moved up only 0.01% so I'm guessing it's not invested much in the stocks that did great today.

First time I'm seeing ASI at 2%. We should be expecting massive gains today

EquityM:
This week ended well, glory to God in heaven.

Tremendous gains; heaven remembered us.

Arizona86:
First time I'm seeing ASI at 2%. We should be expecting massive gains today.

Yes, I think they weigh heavily on FirstBank.

Uberchic1:
wow 2.06! That's amazing. Afrinvest moved up only 0.01% so I'm guessing it's not invested much in the stocks that did great today.