₦airaland Forum

bodejohn:
Today is suppose to be another bidding round.
Anyone with information on the rates for 91days?

feelamong:
is there still anyone investing in this?

91 days -------5.61%

182 days ------7.0%

364 days -----8.0%

feelamong:
is there still anyone investing in this?

91 days -------5.61%

182 days ------7.0%

364 days -----8.0%

Mpeace:
Those rates are unsustainable. No body will tell them to raise it. Our economy has not reached the level where rates would be this low. Sanusi tried it and no one told him to reverse it.

Mpeace:
Those rates are unsustainable. No body will tell them to raise it. Our economy has not reached the level where rates would be this low. Sanusi tried it and no one told him to reverse it.

emmanuelewumi:
They want us to invest our funds into the real sector

Mpeace:
Real sector that is not working? Only producing bad loans.

emmanuelewumi:
If we want a reduction in unemployment and returns that are higher than 10%, i think real sector is the place to be for those who have the knowledge, temperament, experience and fund.

mekaboy:
when got has no clear cut policies u can hold on to. You invest in one area today, 2 slowpoke got bans and frustrates your efforts.

mekaboy:
too poor but might be investing in the 91 days while waiting for bond to pick up.

Johnrake69:
Bro ARM money market will give you a better deal than that yield on T.bills. As of today the rate is 11.51%

just2endowed:
Let me see the light. Information is power

Johnrake69:
You can send me an email at kelvin.chiejine@arm.com.ng or call me: 09031599840, 08121198293

Johnrake69:
Bro ARM money market will give you a better deal than that yield on T.bills. As of today the rate is 11.51%

ednut1:
Bros u and i know MMF are invested in tbills . the MMF rates are dropping soon too

Cation:
but i think management fee of 1.5% will be deducted from dat 11.5% cos i have a mmf account with u guys

Johnrake69:
Bro... The yield is net of fund manager's fee.

feelamong:
is the yield guaranteed?

if yes drop me you contact details on feelamong@gmail.com

Johnrake69:
Actually the yield is not guaranteed. The fund goes with a floating rate and that gives our clients the advantage of earning when the fund does very well. It has done close to 14% before now, and the least it has performed since inception is 10%. So my advise is invest in the money market fund and watch it for a month.

olujaidi:
The yield went below 10% in 2013. Plus, economic conditions have changed. if the TB rates stay this low, then it follows that the yield on the MMF will fall. What is the plan of ARM to post double digit yields?

https://www.arminvestmentcenter.com/individual-investors/products-and-services/price-history/

olujaidi:
The yield went below 10% in 2013. Plus, economic conditions have changed. if the TB rates stay this low, then it follows that the yield on the MMF will fall. What is the plan of ARM to post double digit yields?

https://www.arminvestmentcenter.com/individual-investors/products-and-services/price-history/

ednut1:
dont mind him, stanbic and fbns mmf are now 10.40 and 10.47 respectively and still still sliding,
see what FBN sent their clients. the truth is if the rates dont pick up , only alternative is business o
[b][/b]

Johnrake69:
Bro... The yield is net of fund manager's fee.

Johnrake69:
Bro ARM money market will give you a better deal than that yield on T.bills. As of today the rate is 11.51%

Cation:
i have not been paid anything higher than 11.5% every quarter even when the rates were 12.5% and above

mickey45:
Still sure about this?

Johnrake69:
I will need to look into your statement... How long did you stay in the fund? Cos the last quarter payout was 12.45%

I requested you mail me the client details because i work at the Head Office in Lagos so i could make my findings and then confirm what led to the court case. It may not be what you thought. Thank God you have mentioned the branch where you claimed the case ensue from; will definitely contact the legal department. Thanks; God bless. I will get back to you as soon as i made my findings concerning what you said.