NewStats: 3,263,421 , 8,180,066 topics. Date: Thursday, 05 June 2025 at 08:26 PM 1l6f4n

emmasoft:


There is no challenge, end of quarter things.
For those who opted for reinvestment, accrued interest have been reinvested.
All accrued interest from 1st till date will be posted soon.

Mine was not reinvested and I have not seen in my nominated since

Mrajah231:

Mine was not reinvested and I have not seen in my nominated since

For those who elected for cash payment to bank it's usually done between 1st and 7th of the new month/quarter

Good evening,
Please, can someone advise on best investment platform for dollar? Thanks.

Anybody conversant with FBNquest?

freeman67:


I did same too and it wasn't credited. I have sent them a mail hopefully it will be done on Tuesday. I will just leave this to end of the month activities.

The truth is that Stanbic will just do this and stylish chop of 4 days interest on that money. I sent the money about 9:15.am.

Kindly share the email of he customer service team.

emmasoft:


This is a very wide question. I can only give you the firms I represent.
Stanbic 15.55%.
SFS fixed income 14.02%
Norrenberger is 16.18% gross

Abeg what is net asset value in Stanbic MMF? Is it the accrued interest on my investment because l don't understand how NAV went from 2k to 12k in a day.

Tracyy122:
Abeg what is net asset value in Stanbic MMF? Is it the accrued interest on my investment because l don't understand how NAV went from 2k to 12k in a day.

Send an email requesting form r clarification

Good morning MMF investor.
Please I have a question.
I have a little amount ?euro bond with United Capital since Jan 2022. Till date, it is one June 2023 that Interested has been paid and reinvested. Is the dividend on EURO bond paid once in a year?

Thanks

Apitch:


Like Pa Emma advised, I'm sharing into 4 different firms and load the best with the most funds

What are the 4 and which are the best performing?

Stanbic MMF has drop from 15.49% to 13.46%.. Why?

Mfunkynation:
Stanbic MMF has drop from 15.49% to 13.46%..
Why?

Tbills still at 20%

A mutual fund is a professionally managed investment vehicle that pools money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. Managed by portfolio managers, mutual funds offer investors access to a diversified portfolio, allowing them to spread risk and potentially achieve higher returns compared to individual securities. Investors buy shares of the mutual fund, and the value of their investment fluctuates based on the performance of the underlying assets. Mutual funds come in various types, including equity funds, bond funds, index funds, and money market funds, catering to different risk appetites and investment goals.

Hello everyone. How do I open a FBN Quest ? I've tried via the app and it doesn't work for me.

VeeInsider:
Hello everyone. How do I open a FBN Quest ? I've tried via the app and it doesn't work for me.

Go to their office if you are in a city where they have one.

VeeInsider:
Hello everyone. How do I open a FBN Quest ? I've tried via the app and it doesn't work for me.

them via [email protected] , [email protected] and they will take it up from there. This was how i began my journey with them over a year ago.

Nakedman:


Tbills still at 20%

MMF is not a single entity like Tbills. MMF is daily valued and the rate displayed is as a result of the valuation of the underlying assets.
Rates for MMF are not set as it's done with TBills during primary auction. Even Tbills rates are also daily valued in the secondary market.

Check again on the next business day or next week, you will see a different rate, that is how MMF works.

For a relatively stable rate, ie not daily valued mutual funds, you can consider fixed income fund particularly with SFS capital.

Distance is a barrier. Thanks for your reply

freeman67:


Go to their office if you are in a city where they have one.

Thanks for your help. I'll try mailing them.

choo:


them via [email protected] , [email protected] and they will take it up from there. This was how i began my journey with them over a year ago.

Suprise to see my interest for this month drop from what is attain as at yesterday... interest suppose to drop or keep rising..who else notice it and what's the reason ?

Same here. Maybe they made mistake somewhere. It will be rectified by tomorrow

michael132:
Suprise to see my interest for this month drop from what is attain as at yesterday... interest suppose to drop or keep rising..who else notice it and what's the reason ?

I noticed similar thing and I also did noticed my capital slightly increased as well.

Hamachi:
Send an email requesting form r clarification

Ok. Will do that. Thank you

If l visit the bank to do the transfer for the dollar MMF, will it reflect same day?

Another thing, l believe for dollar MMF, my usd won't be converted to naira when l invest?

emmasoft:


You can change your instruction as per your accrued interest utilization. Send a mail to customer care to that effect.
Accrued interest on MMF is tax-free.

Abeg bros Emma, l at the bank to transfer from my DOM into the Stanbic ibtc dollar fund and they are asking me if l have the swift code. They are saying that the money will not go through because l do not have an with standard chartered bank. How do l proceed?

Tracyy122:


Abeg bros Emma, l at the bank to transfer from my DOM into the Stanbic ibtc dollar fund and they are asking me if l have the swift code. They are saying that the money will not go through because l do not have an with standard chartered bank. How do l proceed?

The information they need is in the mail sent to you when your was opened. Check the details for the dollar bank .

Tracyy122:



Ok. Will do that. Thank you

Drafted an email, sent it to them and I'm yet to get a reply. Their customer service has always been 0.

choo:


them via [email protected] , [email protected] and they will take it up from there. This was how i began my journey with them over a year ago.

emmasoft:


This is a very wide question. I can only give you the firms I represent.
Stanbic 15.55%.
SFS fixed income 14.02%
Norrenberger is 16.18% gross

Boss,

I will chat you up on this later. Might look into it hopefully.

DAramis:

Boss,

I will chat you up on this later. Might look into it hopefully.

No qualms. Looking forward to your chat.

I like yo ask if Fbn Quest interest on MMF is compounding through reinvestment of earnings. Clients of FBNQuest can you please share your experience regarding this.

please who can help with the formula for calculating interest rate in Nigeria banks...