NewStats: 3,259,454 , 8,170,156 topics. Date: Sunday, 25 May 2025 at 05:08 AM 5v4x1y

mex551:
I have a question, I live abroad and you hardly see bonds that give above 5%. So I am wondering why? Is it now safer to save money through this particular dollar MMF rather than conventionally saving or investing abroad. How come they make more money and roi is more than bonds themself in Europe?

Rates are always higher in an economy plagued with high inflation. Am economy with low inflation will have low interest rate.
Here in Nigeria, about 4 or 5 years ago rate with down to as low as 4%.

The underlying asset of all dollar funds is basically eurobonds.

Norrenberger is a SEC regulated firm so everything is controlled and regulated.
You can me I will send you the factsheet of the fund.

.

FRANKLYex:
Those guys are just too slow to respond. Send them a reminder mail on [email protected]. Mine took almost 2 weeks before it was upgraded and I had to send couples of mails in between

Why send them an email when you could give a Call. Sending an email means it's not urgent to you else you call.

And if calling, ensure it's a Business day and between the hours of 8am to 4pm

Taal17:


That's what I said.
But I showed him screenshots and he confirmed that's what he saw then he was asked for referral code.

I used the link on stanbicibtcassetmanagement site

please make use of blueNet as that's the platform they are swirching to.

Few days ago, someone called me complaining something. I opened both sites BUT their dashboards read different values for same .

Love the simplicity of stanbicibtcassetmanagement but it can give wrong values atimes. Just focus on the blueNet version

mex551:
I have a question, I live abroad and you hardly see bonds that give above 5%. So I am wondering why? Is it now safer to save money through this particular dollar MMF rather than conventionally saving or investing abroad. How come they make more money and roi is more than bonds themself in Europe?

The yield on bond depends on 2 things: 1- Inflation, 2 -Trust.


Inflation — When a country inflation skyrocket, the currency of that country has lost value hence the government will need more money now to cater to it's expenses and funds projects. So they issue bond but they are also careful doing this so they don't add to the looming inflation, that's why rates aren't stable, goes up, comes down and back up again. Example of this type of country is our dear Obodo Nigeria.


Trust — When you have a type of reserve currency or say your currency is strong enough as a medium of exchange to do bilateral or multelatrial businesses with countries or even other countries using your currency to trade.

Your currency will gain trust hence storage value, and most people will naturally buy and keep bond with your currency because of the stability of your currency. When the country issues bond, the yield tends to be low because of all the aforementioned. However; the moment that currency begins to lose trust, "yield on bonds" will begin to spike. This is why Trump's tariff trade war is unsustainable in the long run. At the moment, Japan and china holds most US bonds and they are selling like crazy since the trade war, the U.S Dollar is losing the trust it once had as a reserve currency hence, the US bond yield went up. Stock market crashed. Trump had to quickly pause the tariffs on other countries for 90 days except China.

Why is stanbic rate still relatively low. I’m just tired….🤦🏽‍♂️

Neurotika:
Why is stanbic rate still relatively low. I’m just tired….🤦🏽‍♂️

some times are like that. It's same with other providers.

Reason I maintain multiple providers. Rather than put 10-Million naira with a single provider e.g Stanbic, I could split it into 3 or 4 providers

bassdow:
some times are like that. It's same with other providers.

Reason I maintain multiple providers. Rather than put 10-Million naira with a single provider e.g Stanbic, I could split it into 3 or 4 providers

But you dilute your earning potentials that way. Putting everything with the highest returning fund maximizes your gains. Except other considerations are at play asides that.

Good evening house. Please who is using ARM One mutual funds? Please share your experience with them.

I sent money to Norrenberger MMF this morning before 12 pm. They have yet to credit my balance. Please is this normal?

10m in one asset management firm incures 1 management fee, but in 4 asset management firms of same product, same 10m incures 4 management fees

bassdow:
some times are like that. It's same with other providers.

Reason I maintain multiple providers. Rather than put 10-Million naira with a single provider e.g Stanbic, I could split it into 3 or 4 providers

Batman2412:
10m in one asset management firm incures 1 management fee, but in 4 asset management firms of same product, same 10m incures 4 management fees

...but management fee is a percentage of earned interest on invested capital

Bossgem:
Good evening house. Please who is using ARM One mutual funds? Please share your experience with them.

I sent money to Norrenberger MMF this morning before 12 pm. They have yet to credit my balance. Please is this normal?

Might happen overNight. Be patient

Neurotika:


But you dilute your earning potentials that way. Putting everything with the highest returning fund maximizes your gains. Except other considerations are at play asides that.

one can't always tell which provider has highest rate at any given time.

Today might be Stanbic, tomorrow could be fbnQuest, next might be ARM, could even be Norrenberger. You really can't tell hence why I suggest using multiple providers.

Also helps one have a sense of security so should anything ugly happen, at least you don't have all your eggs in one basket

Bossgem:
Good evening house. Please who is using ARM One mutual funds? Please share your experience with them.

I sent money to Norrenberger MMF this morning before 12 pm. They have yet to credit my balance. Please is this normal?

If the money hits the before noon, you will still have today's value and interest irrespective of the time of posting.

bassdow:
one can't always tell which provider has highest rate at any given time.

Today might be Stanbic, tomorrow could be fbnQuest, next might be ARM, could even be Norrenberger. You really can't tell hence why I suggest using multiple providers.

Also helps one have a sense of security so should anything ugly happen, at least you don't have all your eggs in one basket

Stanbic has never had the highest rate in recent times tho. You can’t always predict the highest, you’re right, but you can see a pattern based on historical trends. Their rates have been trailing behind competitors by around 1-2%. That might not sound like much, but over 10 years? That tiny 1.4% gap means real money left on the table. And when you’re playing the long game, those ‘small’ differences add up fast.

bassdow:
one can't always tell which provider has highest rate at any given time.

Today might be Stanbic, tomorrow could be fbnQuest, next might be ARM, could even be Norrenberger. You really can't tell hence why I suggest using multiple providers.

Also helps one have a sense of security so should anything ugly happen, at least you don't have all your eggs in one basket

At least, maintain 2 managers. 3 is reasonable too.

ARM MMF on ARM ONE is superb, I have been with them for some times now

Bossgem:
Good evening house. Please who is using ARM One mutual funds? Please share your experience with them.

I sent money to Norrenberger MMF this morning before 12 pm. They have yet to credit my balance. Please is this normal?

Yeah, hence weakening earned interest on 10m in 4 places

bassdow:
...but management fee is a percentage of earned interest on invested capital

bassdow:
one can't always tell which provider has highest rate at any given time.

Today might be Stanbic, tomorrow could be fbnQuest, next might be ARM, could even be Norrenberger. You really can't tell hence why I suggest using multiple providers.

Also helps one have a sense of security so should anything ugly happen, at least you don't have all your eggs in one basket

What's an example of the something ugly that could happen?

Neurotika:
You're both correct. You don't need a Stanbic to invest in their MMF. And most times if you follow the laid down instructions you shouldn’t have any issue. But personally, I find it easier to manage redemptions through their app since I already bank with them. The 'withdraw to bank ' feature is seamless, and if any issues pop up, I can just reach out to their bank arm since it's all under the same umbrella. Two truths can coexist…

Don't they have an app for their asset management side?

Superex:


Don't they have an app for their asset management side?

They do….

How do I know my interest is being re-invested. On my statement, I have unrealized interest and Total realized interest. What do they mean?

bassdow:
one can't always tell which provider has highest rate at any given time.

Today might be Stanbic, tomorrow could be fbnQuest, next might be ARM, could even be Norrenberger. You really can't tell hence why I suggest using multiple providers.

Also helps one have a sense of security so should anything ugly happen, at least you don't have all your eggs in one basket

For me, whatever investment/services, always maintain a minimum of 2 service providers. Where it is safe and reasonable to do, make it 3.

Kumaverse:
How do I know my interest is being re-invested. On my statement, I have unrealized interest and Total realized interest. What do they mean?

end of the month

Firebox123:
end of the month

Please can you explain more? My total contribution from inception is still the same with my initial investment plus a top-up I did. Although my interest is listed monthly in the app, I want to know if it is added to the initial investment for compounding interest.

Please could anyone tell me the ongoing rate for AXA mansard MMF ( Naira)

Hello bosses,
Do I need to send the amount I want to invest into this or can I top up the Stanbic number provided for me after registration. Thanks

oyekan1997:
Hello bosses,
Do I need to send the amount I want to invest into this or can I top up the Stanbic number provided for me after registration. Thanks

if you send it and it didn't enter

It's non refundable

Your money 💰 is gone

oyekan1997:
Hello bosses,
Do I need to send the amount I want to invest into this or can I top up the Stanbic number provided for me after registration. Thanks

Yes but you need to input your E- as description while sending the morning. If you send during the weekend, your money will reflect on next working day.

yesloaded:


Yes but you need to input your E- as description while sending the money. If you send during the weekend, your money will reflect on next working day.

Thank you, boss. I'm yet to receive any E-, though.