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Yem0350's Posts

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InvestmentRe: 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
InvestmentRe: 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
EducationRe: National Open University Of Nigeria (NOUN) Students by Yem0350: 11:02am On Jul 10, 2019
Ify15:
Please,I was supposed to register gst 103,last semester,I didn't. I still won't be able to register it this semester because of cash.Pls hope I can still register it next semester?
Yes
EducationRe: National Open University Of Nigeria (NOUN) Students by Yem0350: 7:39pm On Jul 09, 2019
Phiheywhy1:
Concerning the project defense coming up next week, is there anyone in this room who is also going to Lagos for defense?
Which date next week?
EducationRe: National Open University Of Nigeria (NOUN) Students by Yem0350: 7:32pm On Jul 09, 2019
emmadeking:
Please, research methodology is a second semester course for me(PGD. PCR) from what I saw during my registration last semester.
Hope it won't stop me from doing my project this semester?
Because someone said research methodology is a criterion for project.
It only applies to undergraduate not post graduate
EducationRe: National Open University Of Nigeria (NOUN) Students by Yem0350: 9:37am On Jul 07, 2019
livinsoul:
In other words, I have to pass a second semester course before I can register for "Project" next semester?
(M.Sc. Info. Tech.)
It doesn't apply to M. SC info tech
InvestmentRe: Mutual Funds by Yem0350: 5:57am On Jun 25, 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
For reference purpose,
You don't need to be in their office before you can fill form for FBNQuest
It can be done online
InvestmentRe: Mutual Funds by Yem0350: 8:20pm On Jun 19, 2019
atoseg:
Currently considering and comparing stanbic mmf and first bank mmf in terms of daily yield. Guys which one should I go for pls?
Fbnquest
InvestmentRe: Mutual Funds by Yem0350: 5:44am On Jun 19, 2019
mikeopara:
This new Stanbicibtc mmf top up system is really scary, did a top up which was successful, it's been two days now and value hasn't reflected.

Has anyone been able to top via Mobile App, Quickteller or websiteup after the two (2) business days rule?
Euchey:
Mine haven’t reflected too but not up to 48hours
It will after two business days (for stanbic)
A mail was sent earlier regarding this
InvestmentRe: Treasury Bills In Nigeria by Yem0350: 7:06pm On Jun 18, 2019
What is the minimum amount of tbills with FCMB?
InvestmentRe: Mutual Funds by Yem0350: 7:17pm On Jun 17, 2019
senit:
good morning house
my Stanbic mutual investment digit has being stagnant since last week
no interest has being added to it pls is anybody experiencing this too
Which of the mutual funds?
InvestmentRe: Treasury Bills In Nigeria by Yem0350: 11:04pm On Jun 12, 2019
logoscope:
I have a question oh.. Why will I invest at 11.55% for 303 days, when I can invest three times in a year at 10.00% for 72 days..
All rates are per annum
InvestmentRe: Mutual Funds by Yem0350: 10:56pm On Jun 12, 2019
deleson:
How long does it take to effect a withdrawal request from FBN Edge app after the initial 30 days funds lock down phase?
Within 24-48hrs
InvestmentRe: Mutual Funds by Yem0350: 9:51pm On Jun 10, 2019
Haykeenzy:
Hello all,

I'm trying to invest in mutual fund for d first time via FBN EDGE,

But I'm surprised I will be charged 2,000 naira extra to top up my FBN EDGE account.

Why 2k. How much is the interest that I will be charged that high amount. I'm confused.
Make use of direct transfer or bank deposit to their account details using your customer ID as reference
Email them your proof of payment
No charges
InvestmentRe: Mutual Funds by Yem0350: 11:50pm On Jun 04, 2019
masotech:
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InvestmentRe: Mutual Funds by Yem0350: 8:51am On May 30, 2019
amjustme2:
FBN is 5k.

Money Market Fund is Quarterly - Every 3 Months. But if you terminate before then, surely there will be penalty.

If there is a indication you would need funds before 3 months, don't start.

Rate per fund manager differs.

Check FMAN site for daily rates.
There will only be penalty if one redeem investment within the first 30 days of subscription. This is for money market
InvestmentRe: Mutual Funds by Yem0350: 9:08am On May 24, 2019
Asleykene:
How long does it take to open an MMF account with FBN....... made payment on Wednesday, mailed everything to them..........no feedback yet
Reach them via call
InvestmentRe: Mutual Funds by Yem0350: 6:07pm On May 23, 2019
deleson:
For every time I log in to my FBNQuest app to check the MMF account, I receive an SMS alert.

I hope they won’t charge for the SMS ooo.

Any experience?
No charges
InvestmentRe: Mutual Funds by Yem0350: 11:35am On May 21, 2019
Asleykene:
Good morning all

I received a mail from fbn with the form

My question is am I supposed to send the evidence of payment with the form....

Thanks
Yes and other requested documents
InvestmentRe: Mutual Funds by Yem0350: 7:58am On May 14, 2019
reservd:
Guy thx for this app stuff, I hv been dullin all these years. The top up aspect, only wrks for firstbank account owners? I dnt want try something and cry later
You can use internet banking
InvestmentRe: Mutual Funds by Yem0350: 7:58am On May 14, 2019
yak:
Since Thursday last week, i can't add money to my mmf account using the app. Last night, i used my wife's atm and it went through. This morning, i got a mail my subscription failed but the money was not reversed. What can i do?
Which fund manager?
InvestmentRe: Mutual Funds by Yem0350: 7:57am On May 14, 2019
mumayo:
can I register with this app?
Yes
InvestmentRe: Mutual Funds by Yem0350: 8:16am On May 11, 2019
kendsage:
[Fbn edge has been down for 3 days now. Please has anyone been able to log on the FBN edge?quote author=Yem0350 post=78286390]
Fbn edge
I just login now
InvestmentRe: Mutual Funds by Yem0350: 8:14am On May 11, 2019
reservd:
Can it work without having a firstbank account?
Yes
InvestmentRe: Mutual Funds by Yem0350: 12:23am On May 11, 2019
reservd:
Fbnquest? Wat app pls
Fbn edge
InvestmentRe: Mutual Funds by Yem0350: 8:51pm On May 08, 2019
cybertek:
I have this issue with this error on fbn edge. My bvn is ok dont know why I have the error
Contact them via email
InvestmentRe: Mutual Funds by Yem0350: 8:48pm On May 08, 2019
kendsage:
Yea. Everyone's experience with FBNquest is different so it wont be appropriate to say someone else's experience is a lie.Please let us respect each other as we are all here to learn and improve. I use FBNquest and each time I fund my account via bank transfer, I takes not less than 2 days before the money reflects and value commences same day the money reflects. Besides, I send mail with evidence of transfer to their customer service and account officer immediately after the transfer is made, still the money wont reflect until after a day or two. I think FBN needs to improve on that. I have not done redemption with FBNquest but the 1st quarter dividend took 4 days before it hit my current account. Generally, I am okay with FBNquest given the high interest rate which is very critical for me.
My account get credited same day each time I made payment before 2pm

For redemption via app, it is either I get it that day or the next day.

That has been my experience so far.
InvestmentRe: Mutual Funds by Yem0350: 12:21pm On May 02, 2019
austine4real:
Good day house,
My money just reflected since 02/04/19 but the interest is not there what nxt pls??
Which of the fund managers?
InvestmentRe: Mutual Funds by Yem0350: 7:14pm On May 01, 2019
Onboard1:
Pls can you respectively explain each of them?
Stanbic IBTC Nigerian Equity Fund (SINEF)
Significant potential upside with significant risk of capital loss
Min. of 60% in equity securities quoted on the NSE and max. 40% in high quality fixed income securities



Stanbic IBTC Ethical Fund (SIEF)
Significant potential upside with significant risk of capital loss
Min. of 60% in equities of socially responsible companies quoted on the NSE* and max. 40% in fixed income securities


Stanbic IBTC Imaan Fund (SIMAAN)
Capital appreciation by investing in Sharia Compliant assets with significant risk of capital loss
Min. of 60% in sharia compliant equities and max. 40% in non-interest earning fixed income securities (Sukuk, cash)


Stanbic IBTC Balanced Fund (SIBAL)
Significant potential upside with significant risk of capital loss
Max. of 60% in both quoted and un-quoted equity securities & Min. of 40% in high quality fixed income securities



Stanbic IBTC Bond Fund (SIBOND)
Potential upside with moderate risk of capital loss
Min. of 65% in high quality bond securities and max. 35% in money market instruments


Stanbic IBTC Dollar Fund (SIDF)
Provides exposure to United States Dollar (USD) denominated securities whilst ensuring dollar cash flows & optimization of returns.
Minimum of 75% in Dollar denominated fixed income securities
Maximum of 25% Cash/cash equivalent short-term dollar securities
Maximum of 10% in Dollar denominated equity instruments


Stanbic IBTC Guaranteed Investment Fund (SIGIF)
Capital preservation with potential equity upside
Min. of 75% in high quality fixed income securities and max. 25% in equities quoted on the NSE


Stanbic IBTC Money Market Fund (SIMM)
Capital Preservation
100% Money Market Instruments (such as treasury bills, commercial papers, banker’s acceptance e.t.c.)
InvestmentRe: Mutual Funds by Yem0350: 11:27pm On Apr 30, 2019
bennie17:
Please,I want to know how I can check for the fbnQuest mmf daily rate..I can't see it on the website.
https://fbnquest.com/asset-management/historical-funds/
InvestmentRe: Mutual Funds by Yem0350: 5:00pm On Apr 30, 2019
seun289:
I was @ Stanbic Ibtc to make enquiry on d mutual fund which I was introduced to 2 products..
Stanbic money market fund which runs a monthly basis and Stanbic guaranteed investment fund which runs for 3months(quarterly)..
Please gurus in d house I need more light on the 2 on which is better to do so I can proceed before d week runs out..
Cheers
It depends on your risk level. Money market fund has the lowest risk level
However, there are more than 2 products for stanbic. We also have
Bond fund
Equity fund
Balance fund
Ethical
Imaan
InvestmentRe: Mutual Funds by Yem0350: 8:52am On Apr 25, 2019
Trone:
Helll guys, FGN saving bond or equity income fund, which is better?

I'm on Money market fund with Axa;considering Saving bond with Investment one or Equity income fund with Axa.
It all depends on your risk level. The higher the risk, the higher the profit or loss

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