₦airaland Forum

ezegold4we:
Here's latest updates on the cardinalstone mutual funds as at today 19th February from investment initiated on 9th Feb 2025,

i will not share my CS MMF, that's money market fund for personal reasons, i have been into that one since early last year, i decided to inventure into these three even though they come with some level of risk, loss and as well massive appreciation,

CS fixed income alpha opened with #1,008,000 on 9th February is currently @ #1, 012,358

CS balanced fund opened same 9th Feb with #1, 008,000 is currently @ #1,097,304

CS Equity fund opened same 9th Feb with #1, 013,000 is at #1,130,711

I will update with screenshot,

Not a financial advice.

Nice one
If I were u, I will sell the CS alpha fund, split it into halves and add each half to equity fund & balanced fund. I'm saying this since u already have MMF. This CS alpha fund is just another glorified MMF.

Zedcrest sure knows what they're doing. Can see how they are at 38.75% ytd already. I invested #1m on Feb 18. My equity was credited to my portfolio within 30mins. NAV dropped it to 988k. As at Feb 19, I'm back at #1,009,413.

Was thinking of investing in zenith ESG before, might just invest more with zedcrest instead.

Gratefulme:
Zedcrest sure knows what they're doing. Can see how they are at 38.75% ytd already. I invested #1m on Feb 18. My equity was credited to my portfolio within 30mins. NAV dropped it to 988k. As at Feb 19, I'm back at #1,009,413.

Was thinking of investing in zenith ESG before, might just invest more with zedcrest instead.

They're currently at 41.92% YTD

That's crazy massive.

Equity pays more as it is fully stocks. ESG has bonds in it, which hinders it from growing aggressively like equity.

Gratefulme:
Zedcrest sure knows what they're doing. Can see how they are at 38.75% ytd already. I invested #1m on Feb 18. My equity was credited to my portfolio within 30mins. NAV dropped it to 988k. As at Feb 19, I'm back at #1,009,413.

Was thinking of investing in zenith ESG before, might just invest more with zedcrest instead.

Paramount equity fund is 29.91% ytd as at Feb 19.

Good advice, I'm still looking at it with one eye, might even sell off and move it to zedcrest Equity funds that's doing massive at the moment, every opportunity must be utilized and maximized to the fullness, this is money market, money no get emotions or sentiment.

Bluearrow:
Nice one
If I were u, I will sell the CS alpha fund, split it into halves and add each half to equity fund & balanced fund. I'm saying this since u already have MMF. This CS alpha fund is just another glorified MMF.

Morning house.

Please, I subscribed to Stanbic Equity Yesterday but till this moment I have not seen any balance or equity investment activities on my portfolio. Anybody who's into them should kindly enlighten on how their system works, why my Equity fund investment isn't showing any activities or movement.

EquityM:
Equity pays more as it is fully stocks. ESG has bonds in it, which hinders it from growing aggressively like equity.

Since I deposited into Zenith ESG for the past 2-3 days now I have not seen any activities or reflection of my deposit into my chosen investment. How is your side, what's happening ?

It will reflect, bro. It sometimes happens to me when I top up, and it takes several days to reflect. Keep an eye on it, as it will reflect soon.

Smattrader:
Since I deposited into Zenith ESG for the past 2-3 days, I have not seen any activities or reflection of my deposit into my chosen investment. How is your side, what's happening ?

EquityM:
It will reflect, bro. It sometimes happens to me when I top up, and it takes several days to reflect. Keep an eye on it, as it will reflect soon.

Ok. Thanks. Looking forward to that.

LoriHamo:
Stanbic is the biggest assest managers so far....I did withdrawal from my MMF to fund equity in SAME... Stanbic

I did that on Wednesday.....and got value into my wallet by weekend.... loosing valuable trading days and yields 😎😎😎

But Cardinal and cowrywise was faster.....

Someone suggested I use WEB any other time I want to withdraw..... that it's the same day value

Kindly enlighten, how many days or minutes does it usually takes for your Stanbic equity fund to reflect after you make the deposit?
I deposited Equity since yesterday there haven't been any equity activities or funds but all are zero. Can you share your experience of them, a little?

Let me use my self as example.....

I funded both Imaan (500k) and Equity(500k) on Friday evening......

Imaan reflected on Monday with shortage 0f 6k which after that days trading....it gained around 19k....

Equity reflected on TUESDAY with shortage of 7k.....

it took longer for my equity funds to reflect, I even vex send them mail join...

Smattrader:
Morning house.

Please, I subscribed to Stanbic Equity Yesterday but till this moment I have not seen any balance or equity investment activities on my portfolio. Anybody who's into them should kindly enlighten on how their system works, why my Equity fund investment isn't showing any activities or movement.

It will reflect before their closing hour today. Stay calm u have nothing to be worried about.

Smattrader:
Morning house.

Please, I subscribed to Stanbic Equity Yesterday but till this moment I have not seen any balance or equity investment activities on my portfolio. Anybody who's into them should kindly enlighten on how their system works, why my Equity fund investment isn't showing any activities or movement.

Smattrader:
Morning house.

Please, I subscribed to Stanbic Equity Yesterday but till this moment I have not seen any balance or equity investment activities on my portfolio. Anybody who's into them should kindly enlighten on how their system works, why my Equity fund investment isn't showing any activities or movement.

Your deposit was after 12pm yesterday, so it will reflect today.

EquityM:
It's possible that the Zenith ESG bonds declined in value as my Zenith fixed income also fell apart badly today. The Zenith balanced fund is currently at 23YTD, and the ESG is down to 18 YTD from 29 YTD yesterday. The ESG may rise once the bond is back on its feet.

Down with about 40k yesterday

You will surely gain it back.

dammiecool:
Down with about 40k yesterday

Boss do use zedcrest?

Their YTD has a wide margin from others

I dey find better yield but this one dey somehow o o

I have downloaded and registered... waiting for address verification

Please throw more light on them

Look at how Zenith ESG collapsed like a pack of cards yesterday.....na wao o o

Uberchic1:
SMH they need to be more transparent and have their ytd on the web app. I'm sure it's higher than this now.
Paramount is 29.91% ytd as at today
Will post zedcrest when it's updated

@LoriHamo, @BlueArrow,and @Cyrilex202 ... Thanks. And by the way, just got an email from Stanbic confirming my subscription for Equity. ..some minute ago.

EquityM:
You will surely gain it back.

Na wetin dey make am sweet be dat

Seems Stanbic n UCAP dey move steady. I love zedcrest way too.
Still observing gtfund.

dammiecool:
Minimum of 1k units

Is there a holding period for zedcrest equity fund after deposit?

LoriHamo:
Boss do use zedcrest?

Their YTD has a wide margin from others

I dey find better yield but this one dey somehow o o

I have downloaded and registered... waiting for address verification

Please throw more light on them

Look at how Zenith ESG collapsed like a pack of cards yesterday.....na wao o o

Somehow as how? If you're not comfortable with the wide margin, you can do Paramount instead. They're at 29.91% ytd and the margin is not too wide from the others. Zedcrest, according to their fund fact sheet, invests 50% of investors' funds in the services sector and that sector is what is apparently driving the ngx right now since December. @Beeron, pls shed more light on this if you can.

I used zedcrest for mmf only when they first launched but their equity fund started in December last year. Don't remember much of the sign up process but it was smooth. As long as you update a very recent bill and the address on the bill matches the address you signed up with, verification should take a few days max.

The fund itself, redemption is immediate. If you redeem before 3 months, they debit their 20% charge. But you get your money in your wallet immediately. Withdrawal from wallet into bank acct is also fast. 1 hour max.

Bluearrow:
Is there a holding period for zedcrest equity fund after deposit?

Yes. 90 days. They charge 20% on your profit if you redeem early.

Smattrader:
Morning house.

Please, I subscribed to Stanbic Equity Yesterday but till this moment I have not seen any balance or equity investment activities on my portfolio. Anybody who's into them should kindly enlighten on how their system works, why my Equity fund investment isn't showing any activities or movement.

Having this same problem at the moment. I sold mmf and it took days to credit my wallet. I immediately subscribed to Ethical fund. Since Monday o. Wallet has been debited but ethical portfolio still #0. I emailed them no reply.

Gratefulme:
Having this same problem at the moment. I sold mmf and it took days to credit my wallet. I immediately subscribed to Ethical fund. Since Monday o. Wallet has been debited but ethical portfolio still #0. I emailed them no reply.

facing the same problem ,I withdraw to my wallet so I could fund my equity fund money yet to drop to my wallet for 2 days now

Saybal:
facing the same problem ,I withdraw to my wallet so I could fund my equity fund money yet to drop to my wallet for 2 days now

These big names can be a headache. Its crazy how they don't care that time is money.

Thanks boss...

I used same address....I have investnaija but I am yet to fund ....thanks

Uberchic1:
Somehow as how? If you're not comfortable with the wide margin, you can do Paramount instead. They're at 29.91% ytd and the margin is not too wide from the others. Zedcrest, according to their fund fact sheet, invests 50% of investors' funds in the services sector and that sector is what is apparently driving the ngx right now since December. @Beeron, pls shed more light on this if you can.

I used zedcrest for mmf only when they first launched but their equity fund started in December last year. Don't remember much of the sign up process but it was smooth. As long as you update a very recent bill and the address on the bill matches the address you signed up with, verification should take a few days max.

The fund itself, redemption is immediate. If you redeem before 3 months, they debit their 20% charge. But you get your money in your wallet immediately. Withdrawal from wallet into bank acct is also fast. 1 hour max.

Gratefulme:
Having this same problem at the moment. I sold mmf and it took days to credit my wallet. I immediately subscribed to Ethical fund. Since Monday o. Wallet has been debited but ethical portfolio still #0. I emailed them no reply.

Money till now / Friday? That's 5days solid and it's quite too long. You need to utilise their complaint service available both on the web and app asap.

For your info; mine has reflected and it's now showing my subscription.


Regards.

5 whole days... that's a lot of trading days lost...

They did same to me..

Wasted my time as well

Smattrader:
Money till now / Friday? That's 5days solid and it's quite too long. You need to utilise their complaint service available both on the web and app asap.

For your info; mine has reflected and it's now showing my subscription.


Regards.

Big money should reflect tonight depending on your fund manager. Zrosk is at 39YTD and with this ASL, it might reach 40-42YTD tonight.

Uberchic1:
Somehow as how? If you're not comfortable with the wide margin, you can do Paramount instead. They're at 29.91% ytd and the margin is not too wide from the others. Zedcrest, according to their fund fact sheet, invests 50% of investors' funds in the services sector and that sector is what is apparently driving the ngx right now since December. @Beeron, pls shed more light on this if you can.

I used zedcrest for mmf only when they first launched but their equity fund started in December last year. Don't remember much of the sign up process but it was smooth. As long as you update a very recent bill and the address on the bill matches the address you signed up with, verification should take a few days max.

The fund itself, redemption is immediate. If you redeem before 3 months, they debit their 20% charge. But you get your money in your wallet immediately. Withdrawal from wallet into bank acct is also fast. 1 hour max.

Your observation is correct.

However, Nearly all big names are currently gaining in the Stock market now, from MTN to Dangote Cement to GTCO and the likes.

Like I said in my video, the reason big names are driving this rally regardless of sector is because pension fund are still buying.

That's a lot of money getting into the market and Pension fund institutional investors are after big names stocks (huge market cap + liquidity)

That is what is currently happening in the market.

I will suggest everyone to get on board because, there will be more buying after CBN cut MPR rate.

Uberchic1:
Zedcrest equity fund is doing really well so far. It's at 38.75% ytd as at Feb 18. Redemption was immediate when I tried it with 2k. Also, withdrawal into bank acct is same day last I tried.

Don't remember much of the on-boarding but I remember it was smooth. Address verification should take a few days max.

Been trying to validate my BVN for days now and it’s not sending otp. Please can anyone advise

Where have you been boss?

Thanks to all the contributors here.....it was a good week for me....

God bless you all

@EquityM, Smarttrader, Beeron.... everyone else....

We go again next week...

Beeron:
Your observation is correct.

However, Nearly all big names are currently gaining in the Stock market now, from MTN to Dangote Cement to GTCO and the likes.

Like I said in my video, the reason big names are driving this rally regardless of sector is because pension fund are still buying.

That's a lot of money getting into the market and Pension fund institutional investors are after big names stock (huge market cap + liquidity)

That's why is what Is currently happening.

I will suggest everyone to get on board because, they will be more buying after CBN cut MPR rate.