₦airaland Forum

igbizen:
At last there is peace.

talktrue1:
Sukuk Bond 3 first maturity is today. Has anyone received proceed

talktrue1:
Sukuk Bond 3 first maturity is today. Has anyone received proceed

oludy:
We dey wait oo.

Myhelper1:
No

RayRay06677:
sukuk is ponzi

Myhelper1:
It can't be, it is not MBA.

Myhelper1:
It can't be, it is not MBA.

emmanuelewumi:
You people just like wahala, he only shared his opinion based on his knowledge and understanding. So let him be.

emmanuelewumi:
He will share the fact sheet of MBA with us, so that we can analysis and discussion the fund performance

Myhelper1:
It can't be, it is not MBA.

RayRay06677:
My brother, according to nairaland, any investment that fails to pay on due date is a ponzi scheme

RayRay06677:
My brother, according to nairaland, any investment that fails to pay on due date is a ponzi scheme

Myhelper1:
His knowledge and understanding that did not tell him MBA was ponzi.

emmanuelewumi:
MMF is still more popular among retail investors based on the fact sheet of FBN Asset Management.


N221 billion under management for money market fund, compared to N19 billion for the fixed income fund

Myhelper1:
The day is not over yet.

Sukuk bonds 1, 2 and 3 are issued by FGN.

Lazyyouth4u:
Could it be the shorter holding period for MMF?

But sir, these YTD and 2019 returns are crazy o . This is the highest in the market by far. How are they able to do it? Isn’t it the same FGN that other FI funds that are yielding 5 to 8% are invested in?

By the time you take away the expense ratio for MMF, won’t the investors be better off just investing in Tbills?

emmanuelewumi:
Money Market fund is currently better than Treasury Bills, the fund managers Invest in money market instruments like Treasury Bills, Commercial Papers, Fixed deposits and call deposits. If you have up to N100 million and above you can still negotiate 6% and above for your fixed deposit and call deposits, average yield for Commercial papers is still more than 4%

OgogoroFreak:
No wahala. Whenever you 20% - 105% per month ROI make you invest your life savings and let us know so we can learn.

Lazyyouth4u:
Most people don’t have 100m. I’m talking about hungry lazy youths. Those returns are gross returns. Take away like 1.5% for expenses, and the returns will start looking like what you will get if you just kukuma did CP or T bills directly

But I was talking about the Fixed Income fund. It looks very interesting. How are they able to make such returns?

Lazyyouth4u:
Most people don’t have 100m. I’m talking about hungry lazy youths. Those returns are gross returns. Take away like 1.5% for expenses, and the returns will start looking like what you will get if you just kukuma did CP or T bills directly

But I was talking about the Fixed Income fund. It looks very interesting. How are they able to make such returns?

emmanuelewumi:
Fixed income funds are invested in FG bonds, State bonds and corporate bonds

emmanuelewumi:
Fixed income funds are invested in FG bonds, State bonds and corporate bonds

Lazyyouth4u:
But other FI funds are also invested in the same FGN bonds and their returns are currently around 6 to 8%. The yields I’m seeing there for FI fund are over 20%. Anyway, I was just wondering aloud.

DeSepiero:
Good evening people.
Following the FEC resolution to open land borders, what are the likely implications on the forex, food inflation and the economy in the coming weeks?

emmanuelewumi:
You should receive your alert by midnight