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Mutual Funds - Investment (176) - Nairaland

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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 NigelCundy: 1:09am On Jul 18, 2019
Hi guys, I was combing the internet for the best way to invest in Nigeria, basically high yield and low risk, no matter the length of maturity.
Having gone through many websites like a prodigal son, I decided to come back home and seek for advice. This would be my first investment and I plan to invest about 100k.
So, if anyone would be kind enough to teach me how to go about it, I'll be eternally grateful.

Thank you so much ❤
Re: Mutual Funds by ernie4life(m): 6:59am On Jul 18, 2019
temple2grace:

Please can I have your email add? Want to ask about Eurobond.

Send me a pm
Re: Mutual Funds by ernie4life(m): 7:01am On Jul 18, 2019
enque:
Y does investment one take ages (24hrs) to effect subscription via internet transfer??

seems like stanbic's new policy, which I thought would be time-consuming is more effective sef. Same transfer to both MMFs this morning around 9am ish, n stanbic has since credited me. Investement one is still looking for money upandan angry

If you used 737 to them, you will notice it takes only seconds to reflect with investment one
Re: Mutual Funds by olukiesy(m): 7:05am On Jul 18, 2019
ernie4life:
Continuation...............

Managers can charge fees ranging from 2% – 5% of the Value of the Portfolio. Take note at times the funds make more money than expected and in such instance the fund manager makes more money and still pays you the agreed rate with a little on top. 

The post above and its ensuing comments, if any, is purely the opinion of the writer. It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.

Am compiling a list of mutual funds available in nigeria, there rates, there fund managers and there tax implications. Expect it soon
Hi guys,

In my recent post, I said I will be writing a post on how to create a confirmed PayPal account that receives, sends and withdraw money straight to your bank account.

I have been searching so many ways to earn money and most of them, we are going to make use of PayPal.

So in my post today, I will be writing on how to create a South African PayPal account that can receive money, send money and can also withdraw money to your Nigerian bank account.



You can also watch this video for better sign up process, it will help you get the best without stress, watch or click

https://www.youtube.com/watch?v=9d5sIMyqtHM

So many people have been giving complaints that they couldn’t receive payments via their Nigerian PayPal account. This is due to how Nigerians have been treated, we are so restricted to most of the things that deals with money in the internet. But thank God, there are many ways to tap into them too.


HOW TO OPEN A SOUTH AFRICAN PAYPAL ACCOUNT IN NIGERIA?

Go to your web browser and type https://paypal.com/za that will setup South Africa as your country.

Fill in the required spaces and also verify that you are not a robot.

Now, a page will be displayed to you to fill up your info.


For your identification, you can use the your national ID no. your national ID number consists of 13 digits number in this format, YYMMDD (and 7 digits that follows). E.g, 0104081234567.


For the remaining info, like your province, city, zip or postal code, you can just search Google for South Africa city, zip or postal code.

Your phone number code would be in this format, +27 and 11 digits that follow. Don’t change the number code and add any preferable digits to it.

After the process, your South African PayPal account is ready but note, don’t verify your account with your phone number, you can only verify it with your email address.

YOU ARE ALL SET TO USE YOUR PAYPAL ACCOUNT.
For better review on blog, read via https://www.netwyzblog.tk/2019/07/how-to-create-south-african-paypal-account-in-nigeria.html?m=1

If you have any questions, drop it in the comment box below. Thanks, share with friends and loved ones.

2 Likes

Re: Mutual Funds by enque(f): 8:15am On Jul 18, 2019
ernie4life:


If you used 737 to them, you will notice it takes only seconds to reflect with investment one

biko what is the code?
Re: Mutual Funds by ernie4life(m): 9:18am On Jul 18, 2019
enque:


biko what is the code?


First thing is make sure you are transferring from a gt bank account,
second, make sure you know your abacus account number,
now you are good to go,

*737*50*amount*83#
then your phone will prompt you to enter your abacus account number,
after that your abacus name will display and you will be prompted to enter your transfer pin if the abacus name displayed is correct,

that's it,

log into your app, and you will see your funds, even if its 1am at night
Re: Mutual Funds by MyPicsSaysItall: 9:24am On Jul 18, 2019
Hello everyone, I opened an MMF account with Stanbic and my e-account has been sent to me.

In the content of the mail. They said my login credentials will be sent to me shortly. It's close to 72 hours and nothing has been sent to me.

Can I go ahead and make a deposit in the account?
Re: Mutual Funds by enque(f): 10:10am On Jul 18, 2019
ernie4life:



First thing is make sure you are transferring from a gt bank account,
second, make sure you know your abacus account number,
now you are good to go,

*737*50*amount*83#
then your phone will prompt you to enter your abacus account number,
after that your abacus name will display and you will be prompted to enter your transfer pin if the abacus name displayed is correct,

that's it,

log into your app, and you will see your funds, even if its 1am at night

Thanks a lot. Got it.

speaking of d app, how do I get a login access to the I-one app? I downloaded it a while back but cldnt login so I check balances via web
Re: Mutual Funds by enque(f): 10:12am On Jul 18, 2019
MyPicsSaysItall:
Hello everyone, I opened an MMF account with Stanbic and my e-account has been sent to me.

In the content of the mail. They said my login credentials will be sent to me shortly. It's close to 72 hours and nothing has been sent to me.

Can I go ahead and make a deposit in the account?



I think you should hold on till you get your login details.

2 Likes

Re: Mutual Funds by MyPicsSaysItall: 10:29am On Jul 18, 2019
enque:


I think you should hold on till you get your login details.
Okay. Thanks
Re: Mutual Funds by ernie4life(m): 10:38am On Jul 18, 2019
enque:


Thanks a lot. Got it.

speaking of d app, how do I get a login access to the I-one app? I downloaded it a while back but cldnt login so I check balances via web

contact there customer service, i don't work there.
Re: Mutual Funds by emmasoft(m): 1:09pm On Jul 18, 2019
enque:


Thanks a lot. Got it.

speaking of d app, how do I get a login access to the I-one app? I downloaded it a while back but cldnt login so I check balances via web
If you have been using the web to check your acct online, it means you have all it take to use the app. lunch the app, click on easy trade, click on register, supply your acct number in the space provided, type in the same password you have been using to check your account online and you are good to go.
Re: Mutual Funds by enque(f): 2:01pm On Jul 18, 2019
emmasoft:

If you have been using the web to check your acct online, it means you have all it take to use the app. lunch the app, click on easy trade, click on register, supply your acct number in the space provided, type in the same password you have been using to check your account online and you are good to go.

Thanks a lot

1 Like

Re: Mutual Funds by Archmage(m): 2:27pm On Jul 18, 2019
NigelCundy:
Hi guys, I was combing the internet for the best way to invest in Nigeria, basically high yield and low risk, no matter the length of maturity.
Having gone through many websites like a prodigal son, I decided to come back home and seek for advice. This would be my first investment and I plan to invest about 100k.
So, if anyone would be kind enough to teach me how to go about it, I'll be eternally grateful.

Thank you so much ❤
Low risk and very high yield is not very practical. Start with a Money Money Market Fund(very low risk) with moderate returns roughly between 11-15% per annum. If you want high yield, you would need to have some apetitie for risk.

5 Likes

Re: Mutual Funds by yemkaf(m): 1:10am On Jul 19, 2019
Emmaesty:
Hi guys.

I initially wanted to open a mmf with FirstBank but it looked like it would require me to visit their office physically so I opted for United Capital.

I was filling out the form online and stopped where I was asked to upload my passport,utility bill and signature which I did not have handy.

I cancelled the application but lo and behold, i received a mail stating that my account has been activated.

It contained my new account number and requested me to pay in some accounts. I am really confused at this point cause the mail said nothing else.

Please help
This is united capital customer care whatsapp line 08168282396 talk to them, they will put you through on what and what to do
Re: Mutual Funds by Emmaesty(f): 6:45am On Jul 19, 2019
yemkaf:

This is united capital customer care whatsapp line 08168282396 talk to them, they will put you through on what and what to do
Thank you
Re: Mutual Funds by 234ng44uk(m): 7:18am On Jul 19, 2019
yemkaf:

This is united capital customer care whatsapp line 08168282396 talk to them, they will put you through on what and what to do

How are you my friend? This low yield has finally caught up with United Capitals, they're now paying 12.6 range.
Re: Mutual Funds by temi4fash(m): 9:02am On Jul 19, 2019
234ng44uk:


How are you my friend? This low yield has finally caught up with United Capitals, they're now paying 12.6 range.

FBN is paying around the same percentage at the there last update.

But they have not updated it this week
Re: Mutual Funds by Deknight45: 9:42am On Jul 19, 2019
Stanbic IBTC Money Market Fund (Last 30days) ;

Re: Mutual Funds by Waspy(m): 5:10pm On Jul 19, 2019
With the above, it looks like Stanbic MMF is doing better than the FBN quest oo
Re: Mutual Funds by Yem0350: 5:17pm On Jul 19, 2019
Waspy:
With the above, it looks like Stanbic MMF is doing better than the FBN quest oo
Those stanbic rates are gross, not net
Re: Mutual Funds by cybertek(m): 5:28pm On Jul 19, 2019
Yem0350:

Those stanbic rates are gross, not net
Put same amount in stanbic and FBN. After each quarter you will notice that stanbic is higher
Re: Mutual Funds by Yem0350: 7:20pm On Jul 19, 2019
cybertek:

Put same amount in stanbic and FBN. After each quarter you will notice that stanbic is higher
Not true. I have accounts in both and FBN yield is always higher than stanbic even with stanbic regular reinvestment

2 Likes

Re: Mutual Funds by happyme31: 7:34pm On Jul 19, 2019
...
Re: Mutual Funds by cybertek(m): 8:15pm On Jul 19, 2019
Yem0350:

Not true. I have accounts in both and FBN yield is always higher than stanbic even with stanbic regular reinvestment
Well maybe at the months I checked
Re: Mutual Funds by MrHighSea: 9:14pm On Jul 19, 2019
enque:
Y does investment one take ages (24hrs) to effect subscription via internet transfer??

seems like stanbic's new policy, which I thought would be time-consuming is more effective sef. Same transfer to both MMFs this morning around 9am ish, n stanbic has since credited me. Investement one is still looking for money upandan angry
Pls gv me stanbic MMF account number and bank to make transfers to.
Re: Mutual Funds by seyisanya(m): 12:19am On Jul 20, 2019
Seconded!

Yem0350:

Not true. I have accounts in both and FBN yield is always higher than stanbic even with stanbic regular reinvestment
Re: Mutual Funds by yemkaf(m): 2:28am On Jul 20, 2019
234ng44uk:


How are you my friend? This low yield has finally caught up with United Capitals, they're now paying 12.6 range.
Yes bro, but I am very sure that with time it will go up
Re: Mutual Funds by olystic: 4:14am On Jul 20, 2019
ernie4life:



First thing is make sure you are transferring from a gt bank account,
second, make sure you know your abacus account number,
now you are good to go,

*737*50*amount*83#
then your phone will prompt you to enter your abacus account number,
after that your abacus name will display and you will be prompted to enter your transfer pin if the abacus name displayed is correct,

that's it,

what is the minimum one can transfer to abacus mmf

log into your app, and you will see your funds, even if its 1am at night
Re: Mutual Funds by temi4fash(m): 10:57am On Jul 20, 2019
Yem0350:

Not true. I have accounts in both and FBN yield is always higher than stanbic even with stanbic regular reinvestment

Juat when I was considering doing some business with Stanbic MMF
Re: Mutual Funds by Archmage(m): 12:04pm On Jul 20, 2019
is anyone here doing Money Market Fund with Cordros?

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