₦airaland Forum

All these equity fund gains , i suspect fund managers decide arbitrarily how much % green to allocate lol. Especially as there’s no way to monitor the actual increase because it’s a basket. I’m sure they also reserve some green for themselves lol

You're on point, bro. It falls heavily like a dry leaf in the winter season. The red is more aggressive and unending in recovery, unlike equity, as you mentioned. Bless God, I ran away from its unending drama. It was 6.30+ YTD as of Friday.

Iamblessed8888:
I’m telling you. Funny enough, their YTD returns has not been adjusted to reflect the reds. All these FMs, even when market dips, their headline YTD returns remains where it is lol. They are magicians.

Now i know why fixed income pays dividends. It’s to compensate for the likely dips which may affect your capital even. When it falls, it falls harder than equity with slower recovery than equity

I chop, and we chop as well. Lolllllllllllll.

Iamblessed8888:
All these equity fund gains , i suspect fund managers decide arbitrarily how much % green to allocate lol. Especially as there’s no way to monitor the actual increase because it’s a basket. I’m sure they also reserve some green for themselves lol

Hahahaha

So no be only me RAN away....like you said earlier....they concentrate on their CSOF and leave others to awilo..

I bolted on Thursday night abeg...

I first ran away from their fixed income.......then wanted to bolt from their balanced fund and kuku took out my equity too...

EquityM:
You're on point, bro. It falls heavily like a dry leaf in the winter season. The red is more aggressive and unending in recovery, unlike equity, as you mentioned. Bless God, I ran away from its unending drama. It was 6.30+ YTD as of Friday.

Don't give all your money for equity to ONE fund manager...

Seems you like "banks"

Stanbic, Gtbank is there.... zenith does not do PURE equity....

Mixology:
Thanks for your advice bro. I just checked, Stanbic equity has been consistently doing well in the last 3 years, and actually did 65 percent last year, maybe I’ll put 10m there and leave 11m in mmf.
Hopefully it will do at least 35 percent for me this year

Haha, if you want a good fixed income with a higher yield, try the DMO from the federal government; it starts with 50M, and once you are in, the rate stays there automatically for 10 years. Another alternative is NIDF; it pays around 24YTD per annum, but it's like a share—you have to buy it from the stockbrokers.

LoriHamo:
Hahahaha

So no be only me RAN away....like you said earlier....they concentrate on their CSOF and leave others to awilo..

I bolted on Thursday night abeg...

I first ran away from their fixed income.......then wanted to bolt from their balanced fund and kuku took out my equity too...

EquityM:
You're on point, bro. It falls heavily like a dry leaf in the winter season. The red is more aggressive and unending in recovery, unlike equity, as you mentioned. Bless God, I ran away from its unending drama. It was 6.30+ YTD as of Friday.

Nawa lol. An aggresive MPR cut was my hope for the fixed income. Just as I suspected, it’s looking like the slight 50bps cut may have no impact. even. MMF rates still remain as is. Maybe it’s too early to tell though. I foresee equity recovery soonest. If not now; then atleast when Dangote refinery lunches or with continued action by pension funds.

What’s even the gist with pension funds? Before now they couldn’t participate in the stock market?

The NIDF from Chapel Hill?

EquityM:
Haha, if you want a good fixed income with a higher yield, try the DMO from the federal government; it starts with 50M, and once you are in, the rate stays there automatically for 10 years. Another alternative is NIDF; it pays around 24YTD per annum, but it's like a share—you have to buy it from the stockbrokers.

Yes, you can also buy it from CardinalStone.

LoriHamo:
The NIDF from Chapel Hill?

EquityM:
Haha, if you want a good fixed income with a higher yield, try the DMO from the federal government; it starts with 50M, and once you are in, the rate stays there automatically for 10 years. Another alternative is NIDF; it pays around 24YTD per annum, but it's like a share—you have to buy it from the stockbrokers.

Hmm I won't advice the bold though, I feel 10 years is too much of a long time to remain on one rate. Except u can opt out at anytime. Government change can alter so many things. Before this government came into power I think mmf was doing around 9/10%, but today some are doing 19% & it still feels like nothing. Because of new govt policies that can drive inflation so badly. I will only advise anyone to lock funds for maximum of 3 years in an unstable economy like ours.

I think the pension fund needed some money growth, as fixed income and money market might not be rewarding enough as inflation is still sticking around. Equity will surely bounce back soon, and the current war in Iran might be a game changer for oil and gas in Nigeria. If the current government knows what they are doing, they should stop high-demanding imports from the foreign market and concentrate on financing the local and industrial sector as Dangote is currently doing in the oil sector.

Iamblessed8888:
Nawa lol. Anaggressivee MPR cut was my hope for the fixed income. Just as I suspected, it’s looking like the slight 50bps cut may have no impact. even. MMF rates still remain as is. Maybe it’s too early to tell though. I foresee equity recovery soonest. If not now; then atleast when Dangote refinery lunches or with continued action by pension funds.

What’s even the gist with pension funds? Before now they couldn’t participate in the stock market?

You are right, though; however, you can surely opt out at anytime as the rate is fixed. However, the DMO might be reasonable for pensioners.

Bluearrow:
Hmm I won't advice the bold though, I feel 10 years is too much of a long time to remain on one rate. Except u can opt out at anytime. Government change can alter so many things. Before this government came into power I think mmf was doing around 9/10%, but today some are doing 19% & it still feels like nothing. Because of new govt policies that can drive inflation so badly. I will only advise anyone to lock funds for maximum of 3 years in an unstable economy like ours.

EquityM:
You are right, though; however, you can surely opt out at anytime as the rate is fixed. However, the DMO might be reasonable for pensioners.

Exactly this will be very good option for pensioners

EquityM:
I think the pension fund needed some money growth, as fixed income and money market might not be rewarding enough as inflation is still sticking around. Equity will surely bounce back soon, and the current war in Iran might be a game changer for oil and gas in Nigeria. If the current government knows what they are doing, they should stop high-demanding imports from the foreign market and concentrate on financing the local and industrial sector as Dangote is currently doing in the oil sector.

Ahaaa got it. Pension funds wanted a piece of the stock market action, so the regulators gave them guidelines on what kind of companies they can invest in.

I pray naija govt acts smart or maybe we ought to just hand over the country to Dangote. Imagine how self reliant we will become.

If equity funds did circa 80% last year, i dont see why they shouldn’t cross 100% this year. Tripple digit YTD returns is highly probable

Yes, chief. May "emilokan" or any government that comes in view the economy constructively.

Iamblessed8888:
Ahaaa got it. Pension funds wanted a piece of the stock market action, so the regulators gave them guidelines on what kind of companies they can invest in.

I pray naija govt acts smart or maybe we ought to just hand over the country to Dangote. Imagine how self reliant we will become.

If equity funds did circa 80% last year, i dont see why they shouldn’t cross 100% this year. Tripple digit YTD returns is highly probable

EquityM:
Haha, if you want a good fixed income with a higher yield, try the DMO from the federal government; it starts with 50M, and once you are in, the rate stays there automatically for 10 years. Another alternative is NIDF; it pays around 24YTD per annum, but it's like a share—you have to buy it from the stockbrokers.

The DMO from Federal Government. And it starts with 50 million.

You basically talking about bond. Those are the requirements to buy government bond after the DMO issues it.

If you don't want to hold for long, you can go sell it at FMDQ. That 10 years hold duration is not fixed.

Bond investment is the safest investment amongst all investment in the world, even if the country goes broke (provided the country has not disintegrated), your bond will still be paid back but repriced.

People just don't talk about it more because of the 50 million entry barrier.

Bond is what global financial analyst use to first analyze a country fiscal health. And that's where I start from, when I try to dig deep into a country's macros.

LoriHamo:
The NIDF from Chapel Hill?

NIDF (Nigeria International Debt Fund) is run and managed by Afrivest.

The underlying asset is only bond, Government Bond and corporate bond.

It's one of the oldest investment in Nigeria, I think I have a video on it on YouTube.

They invest in bond; buy, sell and hold according to weekly money market in the economy.

Now if you understand how this works, you will understand why Cardinal stone fixed income has been bearish lately.

Here is what is going on: Since two weeks now, there has been huge liquidity in the system, so banks and fund managers began to wait for the MPC meeting to know if rate cut will happen or not.

In that time, Cardinal stone didn't trade bond, they just gave investors returns from other investments, so technically that why CS fixed income has been sluggish lately.

Now that everyone has confirmed the rate cut, it will guide their decisions on how to invest in bond again.

Is this war going to affect our equity investment considering that the world economy will be impacted?

No, bro.

Arizona86:
Is this war going to affect our equity investment considering that the world economy will be impacted?

Arizona86:
Is this war going to affect our equity investment considering that the world economy will be impacted?

Yes, in the oil and gas sector.

Iran closed the strait of hormuz yesterday, crude prize shot up to 75 or so per barrel. If it continues to shoot up, crude will become expensive, Federal government will be smiling because, more money to be earned from crude, less burden on the budget, slowed down borrowing.

When then happens is the fixed income market rates becomes less attractive (bond & Tbills), people will start moving money to the stock market. ASI will shoot up

Another way it will affect, is the oil and gas index, if your equity invest more in that sector, you are about to begin to smile.

Huge greens coming the way of cardinal stone equity this week.

Chief, haha. Zrosk also weighs heavily on Seplat. Why do people attack you on MMF's thread about Stanbic?

Iamblessed8888:
Huge greens coming the way of cardinal stone equity this week.

EquityM:
Chief, haha. Zrosk also weighs heavily on Seplat. Why do people attack you on MMF's thread about Stanbic?

Niceee. Hahaha dont mind them. I have some enemies there who like to distort facts to suit the referral bonus they get from all these new MMF fund managers. It’s a battle of narratives hahaah. The truth is somewhere in the middle though, not on the side of any of the extremes

"Hilarious, how many millions do you have?" is the new language in that room.

Iamblessed8888:
Niceee. Hahaha dont mind them. I have some enemies there who like to distort facts to suit the referral bonus they get from all these new MMF fund managers. It’s a battle or narratives hahaah. The truth is somewhere in the middle though, not on the side of any of the extremes

EquityM:
"Hilarious, how many millions do you have?" is the new language in that room.

Lmaoooo. That was an unfortunate comment. I couldn’t bring myself to engage further.

No one is better off than the other even if wealthier. Anyone can get rich. Sometimes it’s luck, privilege, inheritance, unfair advantage, employment, etc.

None of these determine your core composition as a man and they are worldly standards manufactured by humans.

The real test of a man is leadership, grit, honor, loyalty, steadfastness, intelligence,how you help the weak etc. These i can respect any day but not money. I was disappointed at the comment but shrugged it off and decided responding isn’t worth it.

I might give Standard Chartered Bank a shot in the future; however, their 7.5M account opening is kinda pricey.

Iamblessed8888:
Lmaoooo. That was an unfortunate comment. I couldn’t bring myself to engage further.

No one is better off than the other even if wealthier. Anyone can get rich. Sometimes it’s luck, privilege, inheritance, unfair advantage, employment, etc.

None of these determine your core composition as a man and they are worldly standards manufactured by humans.

The real test of a man is leadership, grit, honor, loyalty, steadfastness, intelligence,how you help the weak etc. These i can respect any day but not money. I was disappointed at the comment but shrugged it off and decided responding isn’t worth it.

EquityM:
I might give Standard Chartered Bank a shot in the future; however, their 7.5M account opening is kinda pricey.

It’s a very nice bank but they can be elitist. Their investment products arent even tailored towards the Nigerian market lol. You should try them although there’s nothing extraordinarily special though.

Is it only fixed income that pays dividend?

I used to think Equity fund investor also get paid dividend.

Iamblessed8888:
I’m telling you. Funny enough their YTD returns has not been adjusted to reflect the reds. All these FMs, even when market dips, their headline YTD returns remains where it is lol. They are magicians.

Now i know why fixed income pays dividends. It’s to compensate for the likely dips which may affect your capital even. When it falls, it falls harder than equity with slower recovery than equity

Happy new month money makers. Please which balanced fund is worth investing in?

Equity pays dividends as well, but you make more money with those that don't pay dividends. On dividend distribution day, the NAV will drop according to the units allocation set by the fund managers. If your portfolio is not fully funded, you might be at a loss, and if your portfolio is fat, you have to reinvest the cash back right away.

cyrilex202:
Is it only fixed income that pays dividends?

I used to think Equity fund investor also get paid dividend.

Zenith is currently doing well at the moment, and so is the ARM fund manager. Zenith has been sluggish in crediting deposits at the moment; however, if you are patient, it will definitely reflect in your portfolio. Moreover, you can check the SEC website and see which one might be suited for you.

https://sec.gov.ng/for-operators/keep-track-of-capital-market-data/net-asset-value-data/weekly-net-asset-value-for-cis/2026-weekly-nav-for-cis/

Gratefulme:
Happy new month money makers. Please which balanced fund is worth investing in?

EquityM:
Zenith is currently doing well at the moment, and so is the ARM fund manager. Zenith has been sluggish in crediting deposits at the moment; however, if you are patient, it will definitely reflect in your portfolio. Moreover, you can check the SEC website and see which one might be suited for you.

https://sec.gov.ng/for-operators/keep-track-of-capital-market-data/net-asset-value-data/weekly-net-asset-value-for-cis/2026-weekly-nav-for-cis/

Thank you. ARM ytd is 13.89% , do you know zenith? How does balanced fund compare to equity if the ytd is this low?