₦airaland Forum

Graphics details of the price.

ismail64:
Graphics details of the price.

Looks good, I noticed the year to date performance is around 10+%, still below money market funds, so??

ernie4life:
Really! I can't believe you are saying this.

First the rates published by FMAN is directly from the fund managers, they(fund manager) send rates daily to fman to publish on their(fman) site and newspaper.

If you follow fman closely you will notice that some fund managers have N/A, that's because for some reasons they didn't send for that day.

If you say what fman published is wrong that's like saying the fund manager sent a wrong rate to them.

ernie4life don't get me wrong I'm not saying fman site data are wrong. I said they are not being updated regularly from the managers (Not current most times) . Fund managers rates are more current - normally a day old or same day. For whatever reasons data from fund managers may not get to fman and so they make do with what they have as such there will be disparity between them and the fund managers' data.. Like you rightly said even at the time they have N/A on some funds if you get to the site of those fund managers you will get the current rate.

emmasoft:
ernie4life don't get me wrong I'm not saying fman site data are wrong. I said they are not being updated regularly from the managers (Not current most times) . Fund managers rates are more current - normally a day old or same day. For whatever reasons data from fund managers may not get to fman and so they make do with what they have as such there will be disparity between them and the fund managers' data.. Like you rightly said even at the time they have N/A on some funds if you get to the site of those fund managers you will get the current rate.

ok, i get your point and you are right, FMAN is not updated regularly there is about two days lag in there posting but the data the publish is what the fund managers sends to them, meaning its correct.

Is there anything wrong with Axa Mansard? Calls not going through, website unreachable, mobile app not working either. I am confused

OversightTM:
Is there anything wrong with Axa Mansard? Calls not going through, website unreachable, mobile app not working either. I am confused

Probably network issues, no need to panic.

The Treasury department of Rosabon Financial Services (32 Montgomery road Sabo yaba Lagos) offers Treasury Products that are immune to inflation risks and backup with securities of investment. check out my signature to contact me if ur interested. www.rosabon-finance.com

My big Uncle wanna invest 20M in Stanbic Money Market this month

What is the current percentage per month and how much would he have made by this time next year.

Advice please

Please who has idea of what UBA nominee trustees is?

Systrom:
My big Uncle wanna invest 20M in Stanbic Money Market this month

What is the current percentage per month and how much would he have made by this time next year.

Advice please

With current rate, he will make about 2.5m in a year

ernie4life:
With current rate, he will make about 2.5m in a year

What is the current rate?

Systrom:
What is the current rate?

About 12% with a strong likely hood of dropping lower in the coming days.

Systrom:
My big Uncle wanna invest 20M in Stanbic Money Market this month

What is the current percentage per month and how much would he have made by this time next year.

Advice please

Tb better

ernie4life:
About 12% with a strong likely hood of dropping lower in the coming days.

Do you mind clarifying what the likelihood is based on?

Piyke:
Do you mind clarifying what the likelihood is based on?

Money market assets in which Money market funds invest in include
Treasury Bills,
Commercial Papers,
Bankers’ Acceptance,
Certificate of Deposits etc.

Treasury bills always has the highest allocation, so whatever that affects treasury bills will have a huge impact on the rates of the money market fund.
Right now treasury bills are starting to trend down, if that continues, the implication is that money market rates will also trend down.

Declaimer: its just a forecast not a prophesy

emmanuelewumi:
They just sent my statement of account, after sending them emails to that effect yesterday morning and this morning which they never sent to me.


Until I sent another not too friendly email at the close of business today at 5pm. And after coming here to get email addresses in order to escalate the issue.

Surprising at 5.50pm, my statement of account was sent to me, reflecting the fund but the fund was posted today.

I'm having this type of your issue too, I don't understand what is wrong with FbnQuest this recent times,, I made a transfer from my mobile app and immediately my money was deducted, but I didn't get the email alert and the app doesn't show the transaction history, I manage to send them my payment evidence, since 11: 40 am, I didn't get any reply from them, it not like this before, I want to wait until tomorrow and see if they will not book my payment..

Bbbwings:
Tb better

What is the percentage interest on Tbills?

Someone help me here, I'm trying to redeem my fund's from my stanbic account but after answering my secret question it says redeeming account is required

Olabodmit:
I'm having this type of your issue too, I don't understand what is wrong with FbnQuest this recent times,, I made a transfer from my mobile app and immediately my money was deducted, but I didn't get the email alert and the app doesn't show the transaction history, I manage to send them my payment evidence, since 11: 40 am, I didn't get any reply from them, it not like this before, I want to wait until tomorrow and see if they will not book my payment..

Make sure you send a mail to their customer care, check back within the hour if it has been acknowledged, if not send a reminder, once it's acknowledged, u good

michaelogunleye:
Someone help me here, I'm trying to redeem my fund's from my stanbic account but after answering my secret question it says redeeming account is required

They need an account number/details to pay your funds into. The account details have not been provided

Olabodmit:
I'm having this type of your issue too, I don't understand what is wrong with FbnQuest this recent times,, I made a transfer from my mobile app and immediately my money was deducted, but I didn't get the email alert and the app doesn't show the transaction history, I manage to send them my payment evidence, since 11: 40 am, I didn't get any reply from them, it not like this before, I want to wait until tomorrow and see if they will not book my payment..

Bros,

Even if they acknowledge.

Follow up till it book and it reflect in your account

enque:
They need an account number/details to pay your funds into. The account details have not been provided

I provided all of that on their account opening form

freeman67:
As a former subscriber of VDF I can boldly tell you that capital is guaranteed. What is not guaranteed is your interest ( I am not sure I got upto $2 for investment of just $1,000 when I terminated the investment after about 9 months.) and opportunity to monitor your investment.(My main reason for terminating the investment.) I kept requesting for a means/access to my account to no avail so I had to terminate.



The only good side to them is that you can deposit the USD to their account (ledger account) with GTB thereby saving you transfer cost unlike Stanbic that you must transfer.

I just opened a VDF account now. And I have a don account in GTB. What should I do next? All KYC uploaded already.

igbizen:
I just opened a VDF account now. And I have a don account in GTB. What should I do next? All KYC uploaded already.

\

Your account details will be sent to you shortly after the compliance team gone through d form and kyc documents you uploaded.

emmasoft:
\

Your account details will be sent to you shortly after the compliance team gone through d form and kyc documents you uploaded.

Ok thanks

igbizen:
I just opened a VDF account now. And I have a don account in GTB. What should I do next? All KYC uploaded already.

Sorry I didn't last with them as a customer to enjoy that app/internet access. I was yearning for a platform like it to view the growth of my investment but it was not forth coming then so I left them. You can contact their customer service or ask one of their representative emmasoft on this thread.

has anybody been able to log in the AXAmansard profile?

Inception:
has anybody been able to log in the AXAmansard profile?

I tried too buh I couldn't

Inception:
has anybody been able to log in the AXAmansard profile?

As sent to my mail inbox

ernie4life:
Money market assets in which Money market funds invest in include
Treasury Bills,
Commercial Papers,
Bankers’ Acceptance,
Certificate of Deposits etc.

Treasury bills always has the highest allocation, so whatever that affects treasury bills will have a huge impact on the rates of the money market fund.
Right now treasury bills are starting to trend down, if that continues, the implication is that money market rates will also trend down.

Declaimer: its just a forecast not a prophesy

Thanks

Pls I just got this from ARM, pls what does it mean?
Pls I am new this mmf.

From the day you subscribe to fund -does that mean from the first day I started?
If yes, after 30days from the day I started, can I redeem?