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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 cybertek(m): 11:34am On Apr 26, 2018 |
onyechimereze1:You can transfer to mmf account number and upload or use ur credit/debit card to pay |
Re: Mutual Funds by anori: 12:18pm On Apr 26, 2018 |
onyechimereze1: Just go to the Funds on the side menu and then subscribe. Its straight forward and the money will reflect by the end of the day latest the next morning. |
Re: Mutual Funds by tunde4top(m): 7:29am On Apr 27, 2018 |
Hello my people. I did an online redemption on Stanbic MMF since on Tuesday's morning and my money is yet to drop in my bank account. Does it take long like this ?. My experience in the past has always been withing 24-48 hours. |
Re: Mutual Funds by sammily(m): 8:19am On Apr 27, 2018 |
tunde4top: On their redemption form, its states within 5 working days, so be patience a little as it's still within the time limit. |
Re: Mutual Funds by tunde4top(m): 2:14pm On Apr 27, 2018 |
sammily: Ok. Thanks. I will wait and see. |
Re: Mutual Funds by amaham(m): 4:18pm On Apr 27, 2018 |
Just hive them a call. Online redemption should be 48hrs max |
Re: Mutual Funds by suyamasta(m): 9:25am On Apr 28, 2018 |
Has anyone tried Renmoney investment here? whats your opinion about Renmoney?? |
Re: Mutual Funds by freeman67: 9:50am On Apr 28, 2018 |
suyamasta: Haven't heard of anybody trying it here.. Only their marketers come here once in a while in different guise. |
Re: Mutual Funds by suyamasta(m): 12:23pm On Apr 28, 2018 |
freeman67:Ok |
Re: Mutual Funds by ernie4life(m): 6:55pm On Apr 28, 2018 |
suyamasta: Renmoney is a micro finance institution that gives out facilities/loan to small scale enterprises. They also collect funds/deposit. The charge around 5% monthly on most of their loans. That's the bit I know |
Re: Mutual Funds by suyamasta(m): 9:22pm On Apr 29, 2018 |
ernie4life:Ok thanks |
Re: Mutual Funds by michellez(f): 5:18pm On Apr 30, 2018 |
I hear they offer more than what banks offer on fixed deposit for investments over 1m naira. suyamasta: |
Re: Mutual Funds by suyamasta(m): 6:51pm On Apr 30, 2018 |
michellez:Yea i saw a google ad by them promising about 18% and i wonder why it is not popular i am also checking to see reviews |
Re: Mutual Funds by brayan(m): 7:33pm On May 01, 2018 |
Hello So i am actually intrested in investing in equity for the long term and passively but am in quite a fix in choosing between mutual funds and exchange traded funds (ETF's) So i would like to know from the gurus in the house which is preferable especially long term Thanks |
Re: Mutual Funds by yak(m): 12:48pm On May 02, 2018 |
please help. I did a top up on my mmf with Stanbic ibtc.till date, it has not reflected while I have been debited |
Re: Mutual Funds by IHelp: 4:34pm On May 02, 2018 |
yak: Which day was the transaction done? |
Re: Mutual Funds by hilaryxoxo(f): 6:14pm On May 02, 2018 |
I am seeing a lot of posts on this new investment one dollar fund... Let me advise you based on experience. If you want to invest in a dollar fund aka Eurobond fund, DO NOT INVEST IN A NEW FUND! I REPEAT, DO NOT INVEST IN A NEW FUND! The reason is this; The fund is new, they have a lot of initial and regulatory fees that they are going to pay - this means that the rate you would get won't be as competitive as what's obtainable in the market. The fund won't even breakeven until about 6 months - 1 year - depending on the fund managers capability. 2 Likes |
Re: Mutual Funds by Wiseman456: 6:39pm On May 02, 2018 |
Based on your experience, which dollar fund do you recommend for a better rate? hilaryxoxo: |
Re: Mutual Funds by hilaryxoxo(f): 6:50pm On May 02, 2018 |
. |
Re: Mutual Funds by Enyenihi: 8:55pm On May 02, 2018 |
So guys, recently i stumbled across a gold mine... A fixed deposit that seems very competitive compared to most i've seen. Almost thought it was a scam... But its d truth . For more details and interpretation of the rates (for rookies), you can reach me on 08052296606 - Samuel. Here's the rate guide for the Bank.
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Re: Mutual Funds by Buffalowings3(m): 10:09pm On May 02, 2018 |
Ok Let me post this here Here is a quaterly statement i got from Ecobank mutual funds Started in 2016, Read about it in newspapers Got more info on here Im contemplating withdrawing my money Or leaving it still I no trust this country 1 Like |
Re: Mutual Funds by yak(m): 10:41pm On May 02, 2018 |
IHelp:29th April |
Re: Mutual Funds by Wiseman456: 11:45pm On May 02, 2018 |
Please can you share the mode of application and return on investment. A look through their website is showing the page is unavailable hilaryxoxo: |
Re: Mutual Funds by Buffalowings3(m): 8:01am On May 03, 2018 |
m |
Re: Mutual Funds by IHelp: 9:27am On May 03, 2018 |
yak:If the payment has not yet reflected by now, you have to contact the customer care. |
Re: Mutual Funds by IHelp: 9:33am On May 03, 2018 |
Buffalowings3: The line is not toll free. Your network provider is charging you for the call. You can drop your question here if it is not personal information while you try to reach them. |
Re: Mutual Funds by Buffalowings3(m): 10:01am On May 03, 2018 |
IHelp:Thank you jare You know say this country You can trust institutions Everyone is trying to pull one on you Im resolving it |
Re: Mutual Funds by kyussuff: 11:23am On May 03, 2018 |
Re: Mutual Funds by ernie4life(m): 12:05pm On May 03, 2018 |
hilaryxoxo: Yes the fund is new and will bear certain regulatory cost at the initial offer, in fact its estimated at 1.78% of the offer size, lets assume the funds performs a minimum of 6% in the first year, if you take into account the initial regulatory fees that will be 6% - 1.78%= 4.22% that means the fund will surely break even Also take into account the increase in demand for dollar denominated investments in Nigeria which is evident in way that FG euro bonds have seen an over subscription, there is a high tendency that this fund would be over subscribed which will reduce the effect of the initial regulatory fees. |
Re: Mutual Funds by hilaryxoxo(f): 1:36pm On May 03, 2018 |
ernie4life: I absolutely disagree!!! You cannot compare the demand of an FGN eurobond to that of a mutual fund eurobond - especially considering the fact that its from Investment One. If it was an investment house like stanbic, i can understand. but investment one Nah bro. I advice you not to enter now. |
Re: Mutual Funds by CallmeX: 1:58pm On May 03, 2018 |
ukay2: I'm contemplating switching from stanbic mmf to Guaranteed Investment Fund. What is the current interest rate for the guaranteed investment fund? |
Re: Mutual Funds by hilaryxoxo(f): 2:06pm On May 03, 2018 |
. 1 Like |
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