₦airaland Forum

CSblackpink:
I am seeing something.

Race to 100% YTD

Iamblessed8888:
😲😲😲😲🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

This guyyyy

@beeron

What's your current stance on Dansugar?

emmanuelewumi:
The following are the current stocks in my portfolio.


1. Afriland Properties
2. CSCS
3. Aradel
4. GTCO
5. Nahco
6. Presco
7. Unilever
8. United Capital
9. Transcorp Plc
10. Stanbic IBTC Bank
11. Okomu Oil
12. Custodian Investment
13. Zenith Bank

Good morning, sir and to all the chiefs in the house.

I'm currently invested with equity mutual funds but I've been following this thread for a while now.

I think I want to begin to test the waters here. I currently have 700k i'm willing to use for this purpose, please what stocks (both growth and value) would you advice if you were starting out at this time and how would you diversify?

Thanks in anticipation.

Niiade:
Zedcrest has beaten CSOF of 100m minimum deposit, omo Zedcrest no wan gree again.

I have a theory that fund managers return way more than they report hence making more money for themselves.

Reason?

Ask why CSOF is consistently doing this numbers and Why new managers tend to always lead the table in their first year.

Beeron:
Again, you have the final say. But I would advise you chill and don't make a move now. Just keep circling around it like a lion intimidating its prey.

What app is this?

Iamblessed8888:
I want to top up too but im thinking of waiting till monday to see of if it will drop further. Monday is likely to rebound though. Alot of NAVs either dipped or remained as is and so I’m guessing people waiting for pull back will want to jump in on Monday, hence pushing things up

I don't think it will rebound by monday. If there's any chance then It'll most likely be with tuesday update after monday's trade.

In my opinion, anytime from now till then will be a good time to top up.

princezzz:
You wan start again?😂😂.

Uhhmmm......I'm sorry, did you mix up your quotes or you mind filling me up on what you are talking about??

The market was closed for the holidays but Zedcrest went down a huge 1.4% yesterday.

I'm wondering why. Anyone has a reasonable explanation?? Because it doesn't add up.

Other fund users (GT, paramount and the likes), any similar experience? I can speak for Afrinvest as my portfolio with them stays dormant on weekends/public holidays.

Allboiz:
That was aradel yesterday with -110

It closed flat yesterday. Dont know why. You can confirm from people in the stock pick alerts thread. These are from ZC and CS. Same with cowrywise.

Allboiz:
It seems cowrywise stock update is not always accurate. They didn't show Aradel's loss yesterday. It was just on zero.

Aradel didn't lose yesterday.

It closed at the same price it opened.

Uberchic1:
Trurhbetold22, the person who claims ytd was posted twice is wrong and so are you. And there you go posting misinformation again. "the person noticed it". What they noticed is the ytd before it updated. Ytd has never posted twice.


Thank God I no post referral link or code. Apparently anyone that calls out bs like what you posted must be a rep. Toh. Common sense doesn't mean one has a vested interest in a fund as a rep. I'll continue to call out any misinformation or baseless accusations of fraud about funds that I have invested my money in.

This thread is for information, yes. Not for coming to post false accusations of fraud based on your own mistake and making people nervous about their investments for no good reason.

And no single person is obligated to post their funds gains from January to prove ytd accuracy to you. When e tire you, you go use your hand comot your money for there.

This guy....You're quite the person.

Please, don't do this with me.

I don't have time for silly bants neither do I have sentimental attachments to any fund. I observe and I speak. The fact that you think your truth alone stands is quite unsettling. So I fabricated it from thin air?

What do I stand to gain by saying things that are untrue?

I'm not a child and I'm very sure you're not too. So please, just keep it going.

This is my last input on this. May we all keep winning.

Iamblessed8888:
Well i recorded a gain yesterday on zedcrest. Where did you see the loss?

There was a loss, boss. You see the issue?

This is what a simple percentage gain/loss update will fix.

Another thing I noticed after trading on some days ago, they updated the YTD twice. And no, I'm not kidding.

I'm even just seeing uberchic's post where he said Thursday's YTD was 52.38%. Over here was 52.74%.

I'm sure it was same thing that played here. He most likely made a screenshot before they updated it again.

They should do better.

truthbetold22:
Yes, I noticed CS gained around 1.5%. I monitor them daily. Once I recoup my loses from Zedcrest; I ll exit it and stick with cardinal stone. Transparency is much more important to me than profit. Zedcrest ytd rose yesterday but there was a loss.

So how do we justify that?

This is not true. As of the start of yesterday morning after update from Thursday's trading, Zedcrest's YTD increased to 52.74% with a corresponding increase in the amount invested.

After yesterday's trading it fell to 52.13%.

That's a 0.61% loss, also corresponded with the loss on my portfolio.

My Afrinvest fund shows daily percentage increase and you even have a table to track it over weeks.

I think this is what zedcrest should do. Investors shouldn't have to bring out a calculator to know where they stand. A simple daily percentage gain or loss would do them a whole lot of good. They should do better in that aspect. They have to.

But yes, the YTD has been correct since I joined them over 3 weeks now.

Iamblessed8888:
True. Even my local AI partner thinks thesame. Looking forward to today’s update

How does this work?

Where's the percentage increases for today coming from since it hasn't been updated?

Zedcrest went up 1.35% despite the fairly universal Spartacus yesterday.

I'm really curious as to what equities are in their basket because they seem to be stubborn even when others are getting hit hard.

Uberchic1:
Zedcrest has 97% pure equity. Definitely brings way more green when the market is bullish. Also it invests heavily in the services sector which is performing great so far.

Good one bro. Exactly my point. That 47.89% screams equity in the loudest volumes.

EquityM:
The YTD jump does not matter if the stocks do not weigh much in the portfolio. Paramount has 90% pure equity; thus, it will bring a lot of cash when the market is bullish. Try and navigate through the Zedcrest fund sheet to know how their portfolio is being weighed.

Hmmm....Okay, bro. This is becoming mixed up. Because i'm trying to understand you.

What is YTD? Percentage increase on capital from the beginning of the the year to the present day.

It is the fund's performance as a whole entity i.e When you add the returns from the different subsectors of that fund (equity, cash, money market instruments etc)

Except you're saying the money market instruments and the likes contributed the largest portion of the jump for that day which I don't seem to agree with.

Zedcrest is already at almost 50% YTD, almost on par with CSOF. That alone should tell you what the investment is weighted on.

ezegold4we:
I believe that CSOF is cardinalstone trade secret, it might surprise you to know that they might even be supporting that CSOF from the daily proceeds of other mutual funds in their portfolio,
CardinalStone fund manager's will never allow their beloved and valued investor's to loose their funds in that CSOF, you don't need a prophet to tell you that,do you know what it means to tie down #100million for 365days?,
If i have #100million at my disposal, i will not think twice before investing into that CSOF ,that's the best package in CS investment portfolio.

Yeaaa... Having a cold feet before investing with it is normal. T and Cs before investment is also normal.

But they're not stupid. Except there's a crash, nothing is making you lose your capital with that CSOF. Nothing.

EquityM:
Paramount has the highest return for now if the market is bullish due to their huge weight on equity. The earnings yesterday are enough for this week unless Spartacus goes crazy.

Zedcrest had a 3.24% jump ytd on Monday (From 44.45 to 47.79%)

What was paramount's that monday?

Bluearrow:
The truth is every fund manager equity will have bad days. Regardless of whatever happens, I will never advise any investor to put their funds in one fund manager for equity. You can put all of your investment in one fund manager for MMF, but for equity it should be two because every fund manager don't have same stocks in their basket. This week maybe good for Cardinal stone, next week will be green for zedcrest. No fund manager can always have it green when it comes to equity.

Well said.

ezegold4we:
I'm no longer interested in YTD%, all I'm after now is a consistent, reputable and stable platform, my financial mental health and peace of mind is my utmost priority, the era of experimenting my funds with all these unserious fund manager's has come to an end,
it's Cardinalstone or Cardinalstone.

Welcome to the club

Salarys:
Nope, my yearly target is 50%. They did that comfortably last year and were even ahead of CS.

Any other addition is a welcome bonus.

Reason I've not left Afrinvest despite trailing behind the Zeniths of the moment.

Gratefulme:
.

Interesting.... Alright.

Gratefulme:
Everyone, if you know fund managers' management fee for any of the mutual funds, could you kindly post.

Paramount is 1.5%
Zedcrest is 1.99%
Cardinalstone 1%? Not sure about this

All equity funds

Zedcrest's 1.5%.

princezzz:
@ LoriHamo....And funny enough,yesterday was the worst hit for CS this week, everywhere reddest,both balanced o,both equity,]
i mean the deepest shade of red, like thick red,blood moon red,deepest shade of lipstick red.
Today was all green everywhere, so you see "today seems not to be the worst".
Fear fear,you for wait small.

Lmao.....You guys are so funny. Effortlessly.

Thank you for the laugh. Greatly appreciated.

EquityM:
It has bonds in it; however, it brings huge profit. My 200k brings around 3400 naira on a sluggish day, and if the market is bullish, I see around 8-10k.

Oh, just saw this. Interesting.

I'm asking because it seems to be aggressively doing better than their ESG.

I used to think balanced funds are more conservative.

Please what's the difference between Zenith ESG and Zenith balanced fund? Anyone??

Uberchic1:
Afrinvest is red today.

Considering how early Afrinvest equity numbers are updated during the day (12 noon), I think the daily updates are actually for the previous day.

Hmm,that could be but I don't think so. The dates are usually indicated.

Also, It's not always updated by 12 noon. Rarely even. Sometimes 2pm. Other times 3pm, 4pm. It varies.

Bluearrow:
I was surprised because the mutual fund is not in the afrinvestor app. Is this PlutusNeo for afrinvestor too?

Yea....it's theirs.

LoriHamo:
Very tiny GREEN.... but nevertheless it's a green...

GTB gave red
I know Cardinal stone go give RED for sure..

Afrinvest dey surprise me walahi

Thank God I got in before cowry wise madness...

I downloaded Afrinvestor 2.0 and kept having problem with my BVN verification....

Any help?

I had no issues when I registered on the app. You could reach out to them via mail.

Although the afrinvestor 2.0 app is for trading on the NGX and other kinds of investment (CPs, TBills etc).

If you're looking for fund management (mmf, equity and the likes), they use another app called PlutusNeo for that.

LoriHamo:
I just checked...the REDs dey blurr my eyes

Wahala....

Strangely, still got a green with Afrinvest.

Current YTD 26.66%

EquityM:
I just watched the Zrosk equity presentation on YouTube. The fund is designated as a specialized fund rather than a mutual fund, so they have a special quota and may accept or reject any application. I'll stick with them because the video altered my perspective. Here is the link to the fund presentation on YouTube.


https://www.youtube.com/watch?v=GmzpMabwCEc?si=KM5_z8UJ0bIGlSqM

You were considering leaving them? Why??

Coz you just recently joined them.