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Mutual Funds - Investment (106) - Nairaland

Nairaland ForumNairaland GeneralInvestmentMutual Funds (1512109 Views)

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Re: Mutual Funds by jujutom(m): 10:10pm On Aug 30, 2018
ukay2:
Am currently investing in two money investments ...money market fund and guaranteed investment fund......

...........for money market fund....minimum investment is 50k per each addition.
for guaranteed investment fund. ...minimum investment is 20k per each addition...

For the factsheet....Google their website and contact their customer care services. .for more information.
Re: Mutual Funds by xtain7: 11:05pm On Aug 30, 2018
zamanii:
Boss man
I greet man
Re: Mutual Funds by yak(m): 11:38pm On Aug 30, 2018
jpphilips:
How do you expect someone to charge you handling charges on your principle and interest? did they make your principal for you? I am pretty sure there is one job I can't do and that must be customer service, sometimes when you are ignored, just know the question has K-leg.
You invested your money so its common sense to expect charges on accrued interest not your capital. AXA mansard will likely not respond because they charge neither same with FBN. The quoted rate is yours, they have taken theirs before they gave yours, so if you see 12%, that's yours it doesn't mean the market yield was 12%, its always more.
guy, u will make a good lecturer. u answered the question with expertise n example. I go like dey ur class as lecturer
Re: Mutual Funds by zamanii: 11:52pm On Aug 30, 2018
xtain7:
I greet man
Been a while. I can pm you if you don't remember me
Re: Mutual Funds by ndidigood(f): 4:11am On Aug 31, 2018
Not entirely correct,
Mmf opening is #5000.
Re: Mutual Funds by xtain7: 10:15am On Aug 31, 2018
zamanii:
Been a while. I can pm you if you don't remember me
Ah Okay man do
Re: Mutual Funds by zamanii: 1:21pm On Aug 31, 2018
xtain7:
Ah Okay man do
Can't seem to send you a message here. Do you still use your number that ends with 0512 for whatsapp?
Re: Mutual Funds by Psychodavidovic(m):
6ixgod:
Send them a mail now, it took a week then I had to send a mail for before I got it.
Sent them a mail and they've acknowledge it but up till now, i still haven't heard anything from them.

Update on this. Got the email this morning and everything is all good.
Re: Mutual Funds by 6ixgod(m): 3:41pm On Aug 31, 2018
6ixgod:
And again pls I wanna ask the house, can I scan my passport photo, utility bill, international passport & registration form to stanbic to fulfill the KYC stuff without visiting the branch?
Someone should answer please?
Re: Mutual Funds by xtain7: 6:50pm On Aug 31, 2018
zamanii:
Can't seem to send you a message here. Do you still use your number that ends with 0512 for whatsapp?
Yes man
Re: Mutual Funds by kaze4blues(m): 5:20am On Sep 01, 2018
[quote author=jujutom post=70762945][/quote]Can you brief the performance of guaranteed investment fund
Re: Mutual Funds by seyisanya(m): 5:04pm On Sep 01, 2018
Yes, you can.
6ixgod:
Someone should answer please?
Re: Mutual Funds by Buffalowings3(m): 8:52pm On Sep 01, 2018
Useless Axamansard, ARM..

These funds are tied to the stock market


The amount wey I put there dey reduce.

Thieves everywhere.

I was hoping that at least the money will stay the same.
Invest in TB for now
Re: Mutual Funds by NobodyKnows(m): 7:40am On Sep 02, 2018
Buffalowings3:
Useless Axamansard, ARM..

These funds are tied to the stock market


The amount wey I put there dey reduce.

Thieves everywhere.

I was hoping that at least the money will stay the same.
Invest in TB for now
which one are you talking about?
Money market fund?
Re: Mutual Funds by Ugosample(m): 8:04am On Sep 02, 2018
Buffalowings3:
Useless Axamansard, ARM..
These funds are tied to the stock market

The amount wey I put there dey reduce.
Thieves everywhere.
I was hoping that at least the money will stay the same. Invest in TB for now
grin cheesy
Re: Mutual Funds by Yem0350: 8:12am On Sep 02, 2018
Buffalowings3:
Useless Axamansard, ARM..

These funds are tied to the stock market


The amount wey I put there dey reduce.

Thieves everywhere.

I was hoping that at least the money will stay the same.
Invest in TB for now
You invested in equity fund, subject to fall and rise.
Re: Mutual Funds by Buffalowings3(m): 10:48am On Sep 02, 2018
NobodyKnows:
which one are you talking about?
Money market fund?
Money market fund for ARM
Equity fund for Axamansard

Both have lost 8k in 5 months
TB wouldn't have had this kind of issues
Re: Mutual Funds by Buffalowings3(m): 10:49am On Sep 02, 2018
NobodyKnows:
Abi.
When the man was chopping massive interest he didn’t call us o.
This is my first time of doing it sad
Re: Mutual Funds by irookie(m): 11:32am On Sep 02, 2018
Buffalowings3:
Useless Axamansard, ARM..

These funds are tied to the stock market


The amount wey I put there dey reduce.

Thieves everywhere.

I was hoping that at least the money will stay the same.
Invest in TB for now
Bros,

Just to gear you up, you are not alone in this. some peoples portfolios in stock has reduced drastically and in negative as we speak.

I also have EQUITIES based MMFs and are currently in loss. So keep the hopes high, we are in this together

But I will like you to learn from this, its your personal experience that you will share to others to learn from.

All is well
Re: Mutual Funds by Ugosample(m): 11:49am On Sep 02, 2018
Buffalowings3:
Money market fund for ARM
Equity fund for Axamansard

Both have lost 8k in 5 months
TB wouldn't have had this kind of issues
my money is in the equity fund in mansatd too, and I had to liquidate because of the persistent losses

I'd re enter when the unit price is rock bottom


But money market fund is not supposed to depreciate like that, some thing is fishy and suspicious somewhere
Re: Mutual Funds by Ugosample(m): 11:50am On Sep 02, 2018
irookie:
Bros,

Just to gear you up, you are not alone in this. some peoples portfolios in stock has reduced drastically and in negative as we speak.

I also have EQUITIES based MMFs and are currently in loss. So keep the hopes high, we are in this together

But I will like you to learn from this, its your personal experience that you will share to others to learn from.

All is well
yes boss

That's why its called "business cycle"

up and down undecided
Re: Mutual Funds by Buffalowings3(m): 11:59am On Sep 02, 2018
Ugosample:
my money is in the equity fund in mansatd too, and I had to liquidate because of the persistent losses

I'd re enter when the unit price is rock bottom


But money market fund is not supposed to depreciate like that, some thing is fishy and suspicious somewhere
I think I should liquidate too jare.

Anybody on here thinking of mmf or EF should stay their hands now.
Go for Treasury bills.

The stink of the stock exchange has pervaded these enterprises.
Re: Mutual Funds by Buffalowings3(m): 12:00pm On Sep 02, 2018
Just like people don't want to invest in the SE now, don't put your money in here.
Wait
Wait
Re: Mutual Funds by Buffalowings3(m): 12:01pm On Sep 02, 2018
Ugosample:
yes boss

That's why its called "business cycle"

up and down undecided
Yeah we know that
The advice is for those who want to enter the market now sad
Re: Mutual Funds by irookie(m): 12:01pm On Sep 02, 2018
Dear Followers of this thread.

I think this might help those that are not aware.

You can follow this thread to learn more and for information on Stock Markets:

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3878

It will help those that invest in EQUITIES Based MMF know why the unit share price is reducing.

But PLEASE! PLEASE!! AND PLEASE!!! be careful so that you will not be lured to buy shares, Yes some monikers are experts in luring people to buy shares in some companies on that thread.

Hoping we will all learn something beneficial there
Re: Mutual Funds by Kzdguru: 12:05pm On Sep 02, 2018
Buffalowings3:
I think I should liquidate too jare.

Anybody on here thinking of mmf or EF should stay their hands now.
Go for Treasury bills.

The stink of the stock exchange has pervaded these enterprises.
MMF does not depreciate your capital, and you always get interest no matter how much.

Only equity fund depreciate.
Re: Mutual Funds by Ugosample(m): 12:12pm On Sep 02, 2018
Buffalowings3:
I think I should liquidate too jare.
Anybody on here thinking of mmf or EF should stay their hands now. Go for Treasury bills.
The stink of the stock exchange has pervaded these enterprises.
mmf is not supposed to go negative na
Re: Mutual Funds by Ugosample(m): 12:14pm On Sep 02, 2018
irookie:
Dear Followers of this thread.

I think this might help those that are not aware.

You can follow this thread to learn more and for information on Stock Markets:

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3878

It will help those that invest in EQUITIES Based MMF know why the unit share price is reducing.

But PLEASE! PLEASE!! AND PLEASE!!! be careful so that you will not be lured to buy shares, Yes some monikers are experts in luring people to buy shares in some companies on that thread.

Hoping we will all learn something beneficial there
cheesy grin

It's for one to shine one's eyes there
Re: Mutual Funds by NobodyKnows(m): 12:15pm On Sep 02, 2018
Buffalowings3:
Money market fund for ARM
Equity fund for Axamansard

Both have lost 8k in 5 months
TB wouldn't have had this kind of issues
shocked shocked
Re: Mutual Funds by Ugosample(m): 12:21pm On Sep 02, 2018
NobodyKnows:
shocked shocked
that is my surprise too
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