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Mutual Funds - Investment (178) - 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 olujaidi: 7:33pm On Jul 23, 2019
Dunkofia20:
Pls I want to open online @FBN Quest can someone help with their app or website addresse

Google? undecided
Re: Mutual Funds by Nobody: 8:02pm On Jul 23, 2019
I did not ask someone like you pls I need mature mind to answer me , sir know it all?
olujaidi:


Google? undecided
Re: Mutual Funds by Apus: 8:10pm On Jul 23, 2019
Dunkofia20:
Pls I want to open online @FBN Quest can someone help with their app or website addresse


Go to playstore on your android phone and search for FBN edge. You will see the one with the elephant logo..that is it. After download you are to fill every required info and upload relevant documents before you can start investing.
Re: Mutual Funds by olujaidi: 10:21pm On Jul 23, 2019
Dunkofia20:
I did not ask someone like you pls I need mature mind to answer me , sir know it all?

Lol. Asking you to do research yourself is immature? You're lazy, period .

The same effort you used in typing this and your earlier question would have gotten you the result you wanted via Google.
Re: Mutual Funds by Nobody: 10:36pm On Jul 23, 2019
Thanks bro I really appreciate your response just like white men am working with when you ask them questions you get your answer simple and accurate, if African can have 50 percent of good people like you we will change for good
Apus:



Go to playstore on your android phone and search for FBN edge. You will see the one with the elephant logo..that is it. After download you are to fill every required info and upload relevant documents before you can start investing.
Re: Mutual Funds by qizick: 9:27am On Jul 24, 2019
One month oooo imagine.




igbizen:

How long did it take for them to credit your account?
Re: Mutual Funds by kryptem: 11:55am On Jul 24, 2019
For instance, within the space of 6months or one year, will it be more profitable or better to go into Treasury Bills or Mutual Fund?
Which will eventually pay off better; TB or MMF?

1 Like

Re: Mutual Funds by 234ng44uk(m): 12:10pm On Jul 24, 2019
kryptem:
For instance, within the space of 6months or one year, will it be more profitable or better to go into Treasury Bills or Mutual Fund?
Which will eventually pay off better; TB or MMF?

Treasury bill is better for 6-12 months investment. You can instead invest the upfront from tbills into mutual fund.

5 Likes

Re: Mutual Funds by emmasoft(m): 2:11pm On Jul 24, 2019
kryptem:
For instance, within the space of 6months or one year, will it be more profitable or better to go into Treasury Bills or Mutual Fund?
Which will eventually pay off better; TB or MMF?

If your fund is a one off ie in bulk go as Kryptem said.
But If it’s going to be in beats of 100k or less within the 6 months or one year go for mutual funds and pick option of reinvest interest/dividend

7 Likes

Re: Mutual Funds by Nobody: 4:50pm On Jul 24, 2019
Pls bro am having issues now after downloading it i
started filling the form at last page I choose drivers license and uploading the picture it refuse to update what can I do again
Apus:



Go to playstore on your android phone and search for FBN edge. You will see the one with the elephant logo..that is it. After download you are to fill every required info and upload relevant documents before you can start investing.
Re: Mutual Funds by Nobody: 11:04pm On Jul 24, 2019
Hello peeps. Please i need urgent help. Tried opening the stanbic mutual funds thing at a stanbic bank yesterday. Filled all the necessary forms and transferred the money into the FIRST TRUSTEESSIBTC MONE MKT acct. I was told I'd get my e account number within 48hours. I just want to confirm if na so e be.

Trying not to think too much as i feel it's taking too much time.

1 Like

Re: Mutual Funds by WaleCanada: 1:14am On Jul 25, 2019
Hello all,

I transferred money into the stanbic mutual funds account so I could Kickstart my investment but this evening, I got an alert of the amount I sent, in my GTB account (where I originally sent it from) again.. Sort of like a refund or something. I don't understand why? Wetin hpn? Dem no dey do again?

1 Like

Re: Mutual Funds by cybertek(m): 5:15am On Jul 25, 2019
WaleCanada:
Hello all,

I transferred money into the stanbic mutual funds account so I could Kickstart my investment but this evening, I got an alert of the amount I sent, in my GTB account (where I originally sent it from) again.. Sort of like a refund or something. I don't understand why? Wetin hpn? Dem no dey do again?
Just like the normal error with banks that money bounce back
Re: Mutual Funds by enque(f): 8:28am On Jul 25, 2019
WaleCanada:
Hello all,

I transferred money into the stanbic mutual funds account so I could Kickstart my investment but this evening, I got an alert of the amount I sent, in my GTB account (where I originally sent it from) again.. Sort of like a refund or something. I don't understand why? Wetin hpn? Dem no dey do again?

Did u quote ur e-account number in the remarks while doing d transfer?

"The Fund Manager will not be liable for any delay or loss that may arise where the reference/remark for a bank transfer does not include the E-account number and such funds would be returned within 5 business days of receipt of funds"
Re: Mutual Funds by MissGoldenJewel(f): 10:01am On Jul 25, 2019
Hello Everyone


Please I want to withdraw from my FBN Quest acct and the app keeps stopping. I dont know what's wrong.
Re: Mutual Funds by amjustme2: 1:04pm On Jul 25, 2019
go t your phone settings >App> FBN Edge > Clear Data then Clear Cache

open the App and try again.


MissGoldenJewel:
Hello Everyone


Please I want to withdraw from my FBN Quest acct and the app keeps stopping. I dont know what's wrong.
Re: Mutual Funds by amjustme2: 1:04pm On Jul 25, 2019
Maybe Network problem

Try again

Dunkofia20:
Pls bro am having issues now after downloading it i
started filling the form at last page I choose drivers license and uploading the picture it refuse to update what can I do again
Re: Mutual Funds by MissGoldenJewel(f): 7:38pm On Jul 25, 2019
[quote author=amjustme2 post=80615707]go t your phone settings >App> FBN Edge > Clear Data then Clear Cache

open the App and try again



Thanks...I appreciate
Re: Mutual Funds by Apus: 6:56am On Jul 26, 2019
Dunkofia20:
Pls bro am having issues now after downloading it i
started filling the form at last page I choose drivers license and uploading the picture it refuse to update what can I do again


Probably your KYC documents wasn't clear enough. Try uploading a clearer one. You can forward it to ccu@fbnquestmb.com for faster response.
Re: Mutual Funds by singletech(m): 10:59am On Jul 26, 2019
Guys, I have not been paid today ooo, do anyone has same issue?
Re: Mutual Funds by reservd(m): 1:06pm On Jul 26, 2019
singletech:
Guys, I have not been paid today ooo, do anyone has same issue?
Paid by this time? Na wa for u ooo

1 Like

Re: Mutual Funds by singletech(m): 3:21pm On Jul 26, 2019
reservd:

Paid by this time? Na wa for u ooo
I mean today Friday, no interest paid
Re: Mutual Funds by reservd(m): 7:43pm On Jul 26, 2019
singletech:
I mean today Friday, no interest paid
Start checking frm 4pm
Re: Mutual Funds by Experience4u(m): 9:43pm On Jul 26, 2019
...
Re: Mutual Funds by 234ng44uk(m): 4:10pm On Jul 27, 2019
Experience4u:
Pls I need help for a friend. He bought Tbills of 3million on April 18 at 12.5% and it's due for October 20 (182 days) and the guy is in dear need of money and 2ants to sale off. Pls how much is he going to lose in this process.

You already have your answer at the treasury bills thread. Good luck.

1 Like

Re: Mutual Funds by seun289(m): 7:03pm On Jul 27, 2019
I opened a mmf account of 500k with arm investment lastweek but I noticed I have always been paid interest of 163/160 naira on a daily basis which is around 11.8/11.9 of my said investment even though a rep of d firm says their interest rate was @ 12.3/12.4 and that the coy charges custodian fee of 1% from the 12.3/12.4 interest rate..
Would need help from d gurus in d house if I am on d right track with them or I should simply just port to another fund manager
Re: Mutual Funds by temi4fash(m): 7:23pm On Jul 27, 2019
seun289:
I opened a mmf account of 500k with arm investment lastweek but I noticed I have always been paid interest of 163/160 naira on a daily basis which is around 11.8/11.9 of my said investment even though a rep of d firm says their interest rate was @ 12.3/12.4 and that the coy charges custodian fee of 1% from the 12.3/12.4 interest rate..
Would need help from d gurus in d house if I am on d right track with them or I should simply just port to another fund manager

MMF ratee has really dropped.

Even FBN has been hovering around 12.1 and 12.3 for the past weeks.

One would probably need to look for other investment options
Re: Mutual Funds by amjustme2: 11:09pm On Jul 27, 2019
Honestly rates can't good all year round. Look at TBill 11 % at best.

That's why diversification is the key. You could look at taking more risk with higher yield investment/portfolio.

No pain, no gain! At least its working for me.

But nothing beats low profit with peace of mind!


temi4fash:


MMF ratee has really dropped.

Even FBN has been hovering around 12.1 and 12.3 for the past weeks.

One would probably need to look for other investment options

1 Like

Re: Mutual Funds by temi4fash(m): 8:48am On Jul 28, 2019
amjustme2:

Honestly rates can't good all year round. Look at TBill 11 % at best.

That's why diversification is the key. You could look at taking more risk with higher yield investment/portfolio.

No pain, no gain! At least its working for me.

But nothing beats low profit with peace of mind!



Can you share other investment insights
Re: Mutual Funds by amjustme2: 8:21pm On Jul 28, 2019
A mix of crypto and Telecom - same thing some people are scared of.

I compliment that with TBill Money Market .


No guarantees, but so far, it's been working well for me.


temi4fash:


Can you share other investment insights
Re: Mutual Funds by temi4fash(m): 9:38pm On Jul 28, 2019
amjustme2:
A mix of crypto and Telecom - same thing some people are scared of.

I compliment that with TBill Money Market .


No guarantees, but so far, it's been working well for me.



Can you feel me in on the telecoms part?

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