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Mutual Funds - Investment (501) - Nairaland

Nairaland ForumNairaland GeneralInvestmentMutual Funds (1553432 Views)

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Re: Mutual Funds by Niiade(m): 9:44pm On Mar 23
michael132:
I think its time from me to start thinking of how to move from stanbic ...
You go come leave am for who, bros abegi make we maintain there together na. Haba
Re: Mutual Funds by Creditalerts: 9:47pm On Mar 23
Niiade:
No be person wet get money dem dey scam, oya na make we roll na.
Rolla Costa 🤣
Re: Mutual Funds by Creditalerts: 9:48pm On Mar 23
michael132:
I think its time from me to start thinking of how to move from stanbic ...
no try am we kpai there 😡✌🏾
Re: Mutual Funds by midupe(f): 11:55pm On Mar 23
playces:
@ coolestDre

Dear Valued Client,


Further to our previous communications, please be reminded that the new First Edge Mobile App is now available for use. Kindly uninstall the former FBN Edge Mobile App on your device, as it has been disabled.



You can download the First Edge Mobile App directly from the App Store or Google Play Store. Once installed, please follow the steps below to register:

Click Sign Up to register as an existing user
Select First Asset Management Customer
Enter your BVN and Customer ID
Verify your identity via the OTP sent to your registered phone number/email
Set your new Password and Transaction PIN
You will then be able to transact seamlessly on the new First Edge Mobile App. Follow this link to download the guide on how to use the new First Edge Mobile App without hassles.
Pls, does anyone knows how to go about the new FBN edge app?It keeps bringing unexpected error after inputting my BVN and customer id
Re: Mutual Funds by Creditalerts:
FAAM ✌🏾
Re: Mutual Funds by Creditalerts: 3:17am On Mar 24
They blew the market with money 💰🤑🤣🤣🤣🤣🤣🤑🤑

Sallah and Easter gift enjoy yourself it's fintech baby 🤑🤑🍾🥰💥💥
Re: Mutual Funds by stephano100(m):
Babygal2020:
Please who uses GT MMF?

How good are they?

How fast is their deposit and withdrawal?
I requested for withdrawal from both stanbic and gtb mmf on 23/03/2026, stanbic credited me on 23/03/2026 around 2pm. GT MMF is yet to credit me till this moment.🥲

Also I noticed that for stanbic MMF, there’s transparency with how your interest is shown, you see your interest as a line item in your account transaction history & even when you download your statement you will see your subscriptions, redemptions & interest amount seperately.

But for GT MMF your interest is just added to your balance, it’s not shown in your account transaction history as an inflow at all & I don’t like that style. Even when i downloaded my statement, there was no breakdown for interest, you will only see your subscriptions & redemptions amount.

I’ve been using stanbic for a longtime & but I joined GT MMF this year because of the rate which was 17% earlier this year but as at today, stanbic mmf rate is 15.43%, while GT mmf rate is 15.48% & I’m wondering what’s the point of joining GT🥲
Re: Mutual Funds by sky404: 5:46am On Mar 24
You wanted to write 2am of
24/03/2026;
& NOT 2pm.

cos we have NOT gotten to 2pm of 24/03/2026 yet.
stephano100:
I requested for withdrawal from both stanbic and gtb mmf on 23/03/2026, stanbic credited me on 24/03/2026 around 2pm. GT MMF is yet to credit me till this moment.🥲

Also I noticed that for stanbic MMF, there’s transparency with how your interest is shown, you see your interest as a line item in your account transaction history & even when you download your statement you will see your subscriptions, redemptions & interest amount seperately.

But for GT MMF your interest is just added to your balance, it’s not shown in your account transaction history as an inflow at all & I don’t like that style. Even when i downloaded my statement, there was no breakdown for interest, you will only see your subscriptions & redemptions amount.

I’ve been using stanbic for a longtime & but I joined GT MMF this year because of the rate which was 17% earlier this year but as at today, stanbic mmf rate is 15.43%, while GT mmf rate is 15.48% & I’m wondering what’s the point of joining GT🥲
Re: Mutual Funds by djavo(m): 6:41am On Mar 24
david4mex:
My GT MMF haven't updated my interest for over 6 days now. My total interest still showing the last figure i saw on the 16th of this month. Any other person experiencing this?
Looks like figures are not adding up for GT MMF after the holidays. In my case, I noticed that I was credited with two days interest as of 8pm 23rd March. Fast forward to this morning 24th March at 5am, they added one more day interest. Leaving two more days interest outstanding for the holiday period of 18th March to 23rd March. I wish they can be very transparent on their portal by itemising investment progress. I am fed up with having a calculator at hand everytime I logged into their portal. They should take a leaf from Cowrywise way of itemising their MMF.
Re: Mutual Funds by temi4fash(m): 11:03am On Mar 24
Have being having issues logging into FBNQUEST.

Is there any one in the same shoes as I am?
Re: Mutual Funds by nickae: 1:55pm On Mar 24
These guys are the worst in the industry, am leaving them by month end
temi4fash:
Have being having issues logging into FBNQUEST.

Is there any one in the same shoes as I am?
Re: Mutual Funds by Alaska90(m): 2:41pm On Mar 24
temi4fash:
Have being having issues logging into FBNQUEST.

Is there any one in the same shoes as I am?
I got a mail from them that they now have a new App and you need to upgrade your app or reinstall

And try and send them email too
Re: Mutual Funds by stephano100(m): 2:43pm On Mar 24
sky404:
You wanted to write 2am of
24/03/2026;
& NOT 2pm.

cos we have NOT gotten to 2pm of 24/03/2026 yet.
Oops sorry, it was 23/03/2026 I meant to write. Stanbic MMF credit me same day in the afternoon by 2pm. I requested for redemption in the morning. GT MMF just credited my today 24/03/2026 by 12pm
Re: Mutual Funds by freegaza(m): 4:21pm On Mar 24
stephano100:
Oops sorry, it was 23/03/2026 I meant to write. Stanbic MMF credit me same day in the afternoon by 2pm. I requested for redemption in the morning. GT MMF just credited my today 24/03/2026 by 12pm
I requested for redemption yesterday around 3:00pm, stanbic IBTC. It has not dropped upto now
Re: Mutual Funds by Gratefulme: 4:34pm On Mar 24
Anybody here having problems logging into my investar app? I've deleted and reinstalled, still can't log in.
Re: Mutual Funds by Nobody: 4:49pm On Mar 24
It has been malfunctioning since morning.

Gratefulme:
Anybody here having problems logging into my investar app? I've deleted and reinstalled, still can't log in.
Re: Mutual Funds by Iamblessed8888: 4:54pm On Mar 24
djavo:
Looks like figures are not adding up for GT MMF after the holidays. In my case, I noticed that I was credited with two days interest as of 8pm 23rd March. Fast forward to this morning 24th March at 5am, they added one more day interest. Leaving two more days interest outstanding for the holiday period of 18th March to 23rd March. I wish they can be very transparent on their portal by itemising investment progress. I am fed up with having a calculator at hand everytime I logged into their portal. They should take a leaf from Cowrywise way of itemising their MMF.
This is the reason why some of us stick with good old stanbic. The fund manager that does not know weekends or public hols. Their fund managers dont even sleep because 12am automatically gbam, huge alert.

Meanwhile the likes of STL and trustbanc, they credit you as the spirit leads. It get to a point you even stop tracking. You just leave them for God 😂😂. Didn’t know GTB is like that too

For first ally, they let you log in as the spirit leads. Every day you have to reset username and password. Una dey try sha
Re: Mutual Funds by Stockhunter: 5:00pm On Mar 24
Which magic did FAAM do?? I no understand am

Creditalerts:
They blew the market with money 💰🤑🤣🤣🤣🤣🤣🤑🤑

Sallah and Easter gift enjoy yourself it's fintech baby 🤑🤑🍾🥰💥💥
Re: Mutual Funds by GboyegaD(m): 6:19pm On Mar 24
djavo:
Looks like figures are not adding up for GT MMF after the holidays. In my case, I noticed that I was credited with two days interest as of 8pm 23rd March. Fast forward to this morning 24th March at 5am, they added one more day interest. Leaving two more days interest outstanding for the holiday period of 18th March to 23rd March. I wish they can be very transparent on their portal by itemising investment progress. I am fed up with having a calculator at hand everytime I logged into their portal. They should take a leaf from Cowrywise way of itemising their MMF.
I just started investing and I am currently using the GT MMF. One thing I learned to do daily is to update my excel file just to have an idea how/what is going on. I might check the Cowry Wise one too so that I can diversify when next I have some funds I can set aside.
Re: Mutual Funds by Creditalerts: 7:59pm On Mar 24
Stockhunter:
Which magic did FAAM do?? I no understand am
if you check your today accrued interest of FAAM you will understand 😘
Re: Mutual Funds by doggedfighter(f): 8:06pm On Mar 24
Hi
Iamblessed8888:
This is the reason why some of us stick with good old stanbic. The fund manager that does not know weekends or public hols. Their fund managers dont even sleep because 12am automatically gbam, huge alert.

Meanwhile the likes of STL and trustbanc, they credit you as the spirit leads. It get to a point you even stop tracking. You just leave them for God 😂😂. Didn’t know GTB is like that too

For first ally, they let you log in as the spirit leads. Every day you have to reset username and password. Una dey try sha
No Trustbanc slander will be allowed.😁

They've been delivering with accuracy everyday.
And very detailed too.

First Ally, very smooth

For STL, Creditalerts they said your people are one kind one kind.

What sayest thou ?
Re: Mutual Funds by Iamblessed8888: 8:38pm On Mar 24
doggedfighter:
Hi

No Trustbanc slander will be allowed.😁

They've been delivering with accuracy everyday.
And very detailed too.

First Ally, very smooth

For STL, Creditalerts they said your people are one kind one kind.

What sayest thou ?
Ok ok grin no slander just for this week. Heads up, dont expect any reasonable response from that guy. There’s nothing he cannot say just for referral crumbs
Re: Mutual Funds by FRANKLYex: 9:08pm On Mar 24
Iamblessed8888:
Ok ok grin no slander just for this week. Heads up, dont expect any reasonable response from that guy. There’s nothing he cannot say just for referral crumbs
What you don't know in above you. SLT is running very well. Whatever they declare is what you get per day, no omission even throughout the holiday. 20.33% as of today
Re: Mutual Funds by bassdow: 10:16pm On Mar 24
GboyegaD:
I just started investing and I am currently using the GT MMF. One thing I learned to do daily is to update my excel file just to have an idea how/what is going on. I might check the Cowry Wise one too so that I can diversify when next I have some funds I can set aside.
it's cause you just started. After a while, you might not even remember to log onto your account for weeks.
Re: Mutual Funds by bassdow: 10:20pm On Mar 24
Iamblessed8888:
This is the reason why some of us stick with good old stanbic. The fund manager that does not know weekends or public hols. Their fund managers dont even sleep because 12am automatically gbam, huge alert.

Meanwhile the likes of STL and trustbanc, they credit you as the spirit leads. It get to a point you even stop tracking. You just leave them for God 😂😂. Didn’t know GTB is like that too

For first ally, they let you log in as the spirit leads. Every day you have to reset username and password. Una dey try sha
Had a hard laugh reading this comment of yours. ReCall I complain of such on few occassions from one of these fund manager. True True, after a while, me just leave them. I no even get strength complain. anyDay I logon, anything I see, i take am like that. That way, I no go grow gray hair ontop MMF matter.

Even their SSL certificate be like say na every 6 or 7 days e dey expire. Just tried to log-in and met the error page and e sure me say na till late tomorrow morning.
Re: Mutual Funds by GboyegaD(m): 10:26pm On Mar 24
bassdow:
it's cause you just started. After a while, you might not even remember to log onto your account for weeks.
You are right though. Sometimes too, it could be that while bored at work, it is a past time to do. I will keep your thoughts in mind and when that time comes, it wouldn't be a surprise anymore.

BTW, do you have a suggestion for USD investment?
Re: Mutual Funds by Iamblessed8888: 10:43pm On Mar 24
bassdow:
Had a hard laugh reading this comment of yours. ReCall I complain of such on few occassions from one of these fund manager. True True, after a while, me just leave them. I no even get strength complain. anyDay I logon, anything I see, i take am like that. That way, I no go grow gray hair ontop MMF matter.

Even their SSL certificate be like say na every 6 or 7 days e dey expire. Just tried to log-in and met the error page and e sure me say na till late tomorrow morning.
My brother, i just tire. If you try to change your username and you use the old one, it will say user exists, but if you log in with it, it will say wrong username. I just abandoned the app.

Recommending these apps without warning innocent users of what they are walking into is just wickedness.

To find any of these Fintech fund managers that does not withhold interest for days is by connection. I was shocked to hear GTB sef has same wahala. Before now i was even considering them as an alternative to stanbic.

Nothing dey outside true true
Re: Mutual Funds by coolestDre(m): 11:39pm On Mar 24
midupe:
Pls, does anyone knows how to go about the new FBN edge app?It keeps bringing unexpected error after inputting my BVN and customer id
They discontinued the FBN Edge/Quest app, the communication was terrible by the way. The new app is called First Edge, the user interface is quite fresh. Uninstall FBN Edge, install First Edge. Getting in wasn't the easiest for me though. Took days of back and forth.

They updated people's Customer IDs a while back. If you're not sure what your new ID is, reach out to their customer service. The chance of getting into the new app also improves when you try late at night, less traffic then.

Lastly, you may face another issue when resetting your password. Your password can be rejected even when it meets all the conditions. A simple fix is to try different symbols until one works. It's pathetic, I know.

Stanbic and FBN are the two MMF giants, they are necessary evils. Good luck.
Re: Mutual Funds by Creditalerts: 1:16am On Mar 25
doggedfighter:
Hi

No Trustbanc slander will be allowed.😁

They've been delivering with accuracy everyday.
And very detailed too.

First Ally, very smooth

For STL, Creditalerts they said your people are one kind one kind.

What sayest thou ?
standard procedure/process to liquidate your MMF is between 2-3 working days, and I repeat If you are hungry, broke and impatience you have no business with MMF or financial investments 🤣🤣🤣
Re: Mutual Funds by Creditalerts: 1:31am On Mar 25
FRANKLYex:
What you don't know in above you. SLT is running very well. Whatever they declare is what you get per day, no omission even throughout the holiday. 20.33% as of today
one thing about @Iamblessed8888 he is a 🤡🤡🤡🤡🤡 and he loves my attention but I will continue to starve him 🤣🤣🤣that guys brain is on child lock function 🤣🤣🤣🤣 avoid am na local champion 🏆😅
Re: Mutual Funds by Creditalerts: 1:55am On Mar 25
The two top MMF this quarter with unbeatable rate are:
STL MMF 🤑🤑🤑🤑💥💥💥 🔥
TRUSTBANC 🤑🤑🤑💥💥💥
Others are struggling for third place.




But I will give third place firmly to FAAM by FirstAlly because of their seamless and topnotch services and nice rate also 🤑🤑💥✌🏾
Re: Mutual Funds by temi4fash(m): 5:53am On Mar 25
Alaska90:
I got a mail from them that they now have a new App and you need to upgrade your app or reinstall

And try and send them email too
Okay.. I sent them an email and that was there response too
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