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Top 10 Mutual Fund Managers In Nigeria / Mutual Funds In Nigeria: Please Share Your Experience / Best Nigerian Mutual Funds To Invest In? (2) (3) (4)
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Re: Mutual Funds by Ugosample(m): 3:08pm On Oct 23, 2017 |
jp130: Someone should pls answer this. |
Re: Mutual Funds by Fummyaden(f): 4:27pm On Oct 23, 2017 |
Kemade2007: |
Re: Mutual Funds by Fummyaden(f): 4:32pm On Oct 23, 2017 |
ernie4life: |
Re: Mutual Funds by ernie4life(m): 4:43pm On Oct 23, 2017 |
[quote author=Fummyaden post=61699803][/quote] Like I said earlier you cant negotiate rates on MMF, its what the funds preforms that's what the funds manager offer. That being said I know of investments that offer 18% net on a minimum of 10m, its not mmf but its offered by a reputable Asset management firm, I wont disclose the name so as not to derail the thread 1 Like |
Re: Mutual Funds by Fummyaden(f): 4:44pm On Oct 23, 2017 |
Has anyone invested with Afrinvest pls? |
Re: Mutual Funds by ayotan: 4:55pm On Oct 23, 2017 |
Do you know your financial profile? Do you understand how your mind works when it comes to spending money, savings, investments and borrowing? Find out here!! https://www.surveymonkey.com/r/6Y3LZWW |
Re: Mutual Funds by Sach: 7:10pm On Oct 23, 2017 |
My balance is 20k on Friday and becomes 22k on Monday at a rate of 1kper day, covering the weekend, but nothing is credited for Monday. How does the crediting work please? It appears a day is being skipped.... |
Re: Mutual Funds by Fummyaden(f): 7:12pm On Oct 23, 2017 |
Re: Mutual Funds by huslerr(m): 7:42pm On Oct 23, 2017 |
Hello. I'm new to investment as a whole but I'm looking to put my life savings in a reputable investment fund/managers. Which do you recommend ? |
Re: Mutual Funds by slegerman(m): 8:34pm On Oct 23, 2017 |
Fummyaden:Yes, though it changes daily. |
Re: Mutual Funds by Cation(m): 8:34pm On Oct 23, 2017 |
huslerr:ARM MONEY MARKET FUND. OR. STANBIC IBTC MONEY MARKET FUND. 1 Like |
Re: Mutual Funds by slegerman(m): 8:38pm On Oct 23, 2017 |
Sach: If I get you right, you are saying you have 20k on your mutual fund account on Friday and on Monday it increases to 22k? If this is what you are saying, then your calculation is wrong. you cannot earn an interest of 1k daily on your mutual fund with that amount. |
Re: Mutual Funds by Sach: 9:49pm On Oct 23, 2017 |
slegerman: The amount was an illustration and excludes the principal. I seem to have resolved the issue however by carrying out additional calculations. Thanks a lot. |
Re: Mutual Funds by ernie4life(m): 7:26am On Oct 24, 2017 |
huslerr: investment one fund managers |
Re: Mutual Funds by austine4real(m): 8:55am On Oct 24, 2017 |
Pls after filling the ibtc forms where will I take it to? Pls what is there current interest rate. |
Re: Mutual Funds by Fummyaden(f): 10:45am On Oct 24, 2017 |
austine4real:18% |
Re: Mutual Funds by oseri(m): 11:18am On Oct 24, 2017 |
Take it to any stanbic IBTC bank with a utility bill, one passport photograph and a means of identification like national Id card, voter's card, drivers license. If u need additional info, pls DM me so I can send u the phone number of one of their workers. And again u need to provide evidence of payment. If u check the form u filled, u should see the stanbic account number for money market funds. U can donate online transfer and print out the payment advice. For more info, send a mail to mutualfunds@stanbicibtc.com austine4real: |
Re: Mutual Funds by oseri(m): 11:19am On Oct 24, 2017 |
Take it to any stanbic IBTC bank with a utility bill, one passport photograph and a means of identification like national Id card, voter's card, drivers license. If u need additional info, pls DM me so I can send u the phone number of one of their workers. And again u need to provide evidence of payment. If u check the form u filled, u should see the stanbic account number for money market funds. U can do online transfer and print out the payment advice. For more info, send a mail to mutualfunds@stanbicibtc.com austine4real: 1 Like |
Re: Mutual Funds by Fxmanager(m): 4:43pm On Oct 24, 2017 |
huslerr: We are here for you. Your #1,000,000 can currently give you an average of #50,000+ monthly return investing with us after performance fees. And if you want an average monthly return of more than #500,000 after 48 months of your investment with us, you can do so using compound interest in your investment with us. This means after 4 years of your investment with us using compound interest, you will be getting a average monthly interest/income of more than #500,000 assuming you decide to start withdrawing your monthly interest. This will be possible as long as we stay under our working risk of 5-10% of your capital, and the maximum permissible risk of 30% to your capital. Note: we are doing everything possible to stay under 10% risk to our potential investor’s capital. At 5% average monthly returns using compound interest without withdrawing funds from your account, your #1,000,000 will grow to #10,401,269.7+ in 4 years time (48 months). How is it possible to turn #1,000,000 to #10,401,269.7+ in 4 years? It is possible through the power of compound interest as explained below. Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be added to the principal is called compounding.(I.e you decide to add the earned interest to the initial principal in the investment going forward) Monthly compound interest formula We are using monthly here ,since we are talking of monthly returns. The formula for Monthly compound interest, including principal sum, is: A = P (1 + r/n) (nt) Where: A = the future value of the investment, including interest(returns) P = the principal investment amount (the initial deposit amount) r = the monthly interest rate(returns) in decimal. n = the number of times that interest is compounded per month (in this case once or one time) t = the number of months the money is invested Note that this formula gives you the future value of an investment, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this: Total compounded interest = P (1 + r/n) (nt) - P Or simply Total compounded interest =A-P Let's look at an example Compound interest formula (including principal): A = P(1+r/n)(nt) If an amount of #1,000,000 is invested with us and we return a monthly interest rate (returns) of 5%, the value of the investment after 48months (I.e 4 years) can be calculated as follows... P = #10,401,269.7. r = 5/100 = 0.05 (decimal). n = 1 (since we are compounding it once a month. t = 48. If we plug those figures into the formula, we get: A = #1,000,000(1 + 0.05 / 1) ^ (1(48)) = #10,401,269.7 So, the investment balance after 48 months (4years) is #10,401,269.7 Methodology Step-by-step explained, how we get the #10,401,269.7. This all revolves around BODMAS and the order of operations. Let's go through it: A = #1,000,000(1 + 0.05 / 1) ^ (1(48)) Using the order of operations we work out the totals in the brackets first. Within the first set of brackets, you need to do the division first and then the addition (division and multiplication should be carried out before addition and subtraction). We can also work out the 1(48). This gives us... A = #1,000,000(1 + 0.05) ^ 48 Then: A = #1,000,000(1.05) ^ 48 The exponent goes next. So, we calculate (1.05) ^ 48. This means we end up with: #1,000,000× 10.401269646942109782178152880917 = #10,401,269.7 You may have seen some examples giving a formula of A = P ( 1+r ) ^ t . This simplified formula assumes that interest is compounded once per period, rather than multiple times per period. We have the best currency trading team here to assist you in building your #1,000,000 to over #10,401,269.7 in 4years (48 months) and beyond. You will be getting an average monthly interest/income of more than #500,000 assuming you decide to start withdrawing your monthly interest after the 48 months, helping you live the life you deserve even without a job. You can give us a trial. This is the best structured, secured and transparent savings/investment you will ever find in this forum. No lock up period on your savings/investments and you can withdraw or close your account anytime. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum. If you are using ecurrency payment system, it takes 5 mins to the ecurrency payment systems then you can then make instant withdrawals to your Nigerian Bank account using Nigerian trusted e-currency exchanges. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your savings/investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your savings/investment anywhere you are in the world 24/7 using any internet enable device. You are free to test us with any amount you can comfortably risk before saving/investing fully with us. Statement of account sent to your email daily. working risk to savers/investors capital is 5-10% risk and maximum permissible risk to savers/investors capital is 30%. Visit the link below. https://www.nairaland.com/3901897/currency-trading-journal-target-avg Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status. https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide https://www.nairaland.com/3931027/4-ways-avoid-investment-scams 1 Share
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Re: Mutual Funds by austine4real(m): 5:16pm On Oct 24, 2017 |
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Re: Mutual Funds by Judisco99: 5:33pm On Oct 24, 2017 |
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Re: Mutual Funds by austine4real(m): 6:09pm On Oct 24, 2017 |
oseri:I just want to use my 10k for it. Please what is the interest rate. Hw will it be calculated
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Re: Mutual Funds by huslerr(m): 10:05pm On Oct 24, 2017 |
Fxmanager:drop a link or your company name 1 Like |
Re: Mutual Funds by huslerr(m): 10:06pm On Oct 24, 2017 |
ernie4life:thanks. I'll look into them 1 Like |
Re: Mutual Funds by huslerr(m): 10:08pm On Oct 24, 2017 |
Cation:thanks. Will look into them |
Re: Mutual Funds by Fxmanager(m): 10:32pm On Oct 24, 2017 |
huslerr: This is the best structured, secured and transparent savings/investment you will ever find in this forum. No lock up period on your savings/investments and you can withdraw or close your account anytime. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum. If you are using ecurrency payment system, it takes 5 mins to the ecurrency payment systems then you can then make instant withdrawals to your Nigerian Bank account using Nigerian trusted e-currency exchanges. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your savings/investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your savings/investment anywhere you are in the world 24/7 using any internet enable device. You are free to test us with any amount you can comfortably risk before saving/investing fully with us. Statement of account sent to your email daily. working risk to savers/investors capital is 5-10% risk and maximum permissible risk to savers/investors capital is 30%. Visit the link below. Our company link is in the first post of the Nairaland link below, which is our public currency trading journal https://www.nairaland.com/3901897/currency-trading-journal-target-avg Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status. https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide https://www.nairaland.com/3931027/4-ways-avoid-investment-scams |
Re: Mutual Funds by Fummyaden(f): 2:54pm On Oct 26, 2017 |
Hi, So all things being equal with the stanbic mmf, if I invest for one month do I get 18% or 18% divided by 12? and for the daily returns, is it 18% 0r 18% divided by 365. please advise. Thanks |
Re: Mutual Funds by MrBigiman: 3:29pm On Oct 26, 2017 |
Fxmanager: Fear fear. Nothing comes easy, and anyone making spurious financial assertions is not credible. Don't let d scammers fool you! 6 Likes |
Re: Mutual Funds by dotcomnamename: 3:43pm On Oct 26, 2017 |
huslerr: Please don't do forex. Don't lose your money. Its risk. 1 Like |
Re: Mutual Funds by slegerman(m): 5:34pm On Oct 26, 2017 |
Fummyaden: For one month, it is 18% divided by 12 and for the daily rate, it is 18% divided by 364. |
Re: Mutual Funds by Fxmanager(m): 6:50am On Oct 27, 2017 |
MrBigiman:Our team is the one trading the accounts if you don't know. We are not making spurious financial assertions, we have 10 years experience in the online currency market, and our trading strategy has been tested in our private capacity for 4 years and has been seen to adapt to any market changing condition thereby reducing the risk to investors account, and can also last as long as the currency market exist, though there will a limit to the funds under management due to liquidity so as to maintain our good performance. We are not scammers and are not out to scam investors of their money, the investment structure does not give room for us to scam investors neither does it gives investors room for them to scam us by not paying for the service rendered to them. You will do well to visit our signature to know more about our service. |
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