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Mutual Funds - Investment (367) - Nairaland 273oi

Mutual Funds (1175238 Views)

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Flash83: 1:16am On May 16
THANKS FOR THIS. I FUNDED MY WALLET BY TRANSFERRING TO MY PERSONALISED STANBIC .
CAN I GO AHEAD AND INVEST?
WHAT DO I HAVE TO DO TO MAKE SURE MY INTEREST IS RE-INVESTED?
emmasoft:


There are two ways to fund your with the the BluNest platform.

When you to your , generate a personalized Stanbic wallet through which you can fund your MMF or make a transfer to their collection , usually a UBA bank , using your e- number as your narration. You don't need to be in a Stanbic bank to fund your MMF , except if you have an with them and you decide to use the banking hall.
Firebox123(m): 1:19am On May 16
Flash83:
THANKS FOR THIS. I FUNDED MY WALLET BY TRANSFERRING TO MY PERSONALISED STANBIC .
CAN I GO AHEAD AND INVEST?
WHAT DO I HAVE TO DO TO MAKE SURE MY INTEREST IS RE-INVESTED?
don't rush brr

Visit your bank brr
Flash83: 1:22am On May 16
I'm not in naija now. sent them an email but no response
Firebox123:
don't rush brr

Visit your bank brr
jayce232: 6:19am On May 16
Firebox123:
don't rush brr

Visit your bank brr
What is your problem?
You have been making misleading comments on this thread, are u sure u have an with stanbic asset management? You wouldn't be making such comments if u do. Firstly u quoted someone here if his funds doesn't reflect he will lose his money, which is false! Now u are telling someone not to rush & go to the bank? What has funding stanbic mmf got to do with going to the bank? If u have no idea on an issue, why are u commenting on it??

4 Likes

jayce232: 6:24am On May 16
Flash83:
I'm not in naija now. sent them an email but no response
Please do not listen to that lunatic, he knows nothing about stanbic mmf. Just follow the instructions emmasoft explained earlier & if u need further help, u can chat him through the number on his profile. It is always better to do your thing online when it comes to stanbic mmf, most of the bank staff don't even know much about the asset management, they are two separate thing.

7 Likes

Firebox123(m): 7:00am On May 16
jayce232:

Please do not listen to that lunatic, he knows nothing about stanbic mmf. Just follow the instructions emmasoft explained earlier & if u need further help, u can chat him through the number on his profile. It is always better to do your thing online when it comes to stanbic mmf, most of the bank staff don't even know much about the asset management, they are two separate thing.
why should he him if you're not a scammer

One person running five moniker on one thread
emmasoft(m): 7:39am On May 16
Flash83:
THANKS FOR THIS. I FUNDED MY WALLET BY TRANSFERRING TO MY PERSONALISED STANBIC .
CAN I GO AHEAD AND INVEST?
WHAT DO I HAVE TO DO TO MAKE SURE MY INTEREST IS RE-INVESTED?

Yes, go ahead, click invest now and follow through, you will be directed to fund your MMF and pick fund from wallet.

Once that is done just wait and your money will reflect later.

By default your interest will be reinvested except you picked otherwise during registration.

You will know this, when you see a subscription transaction of your accrued interest at the end of each month otherwise, you will get credit alert of your accrued interest into your back at the end of each quarter.

1 Like

Preator: 12:57pm On May 16
Firebox123:
why should he him if you're not a scammer

One person running five moniker on one thread

The kind of advice you are giving shows that you are either intentionally trying to mislead people or totally ignorant of stanbic mmf. Fortunately, quite a number of us have approached emmasoft in the past when we were new to this and he had provided guidance.

@flash83. Please follow guidance provided by emmasoft. You do not have any biz in stanbic bank or even need a stanbic . Do a transfer to your dedicated on blunest, then click on investnow, follow the prompts and you are good to go.

9 Likes

Foodempire: 5:52pm On May 16
Thank you, that was very helpful.


emmasoft:


There are two ways to fund your with the the BluNest platform.

When you to your , generate a personalized Stanbic wallet through which you can fund your MMF or make a transfer to their collection , usually a UBA bank , using your e- number as your narration. You don't need to be in a Stanbic bank to fund your MMF , except if you have an with them and you decide to use the banking hall.

2 Likes

Flash83: 10:41pm On May 16
Thanks guys. I applied emmasoft's guidance and it worked. i appreciate

11 Likes

Flash83: 1:11am On May 20
How long does it take invested amount to reflect? I invested over the weekend.
emmasoft(m): 7:56am On May 20
Flash83:
How long does it take invested amount to reflect? I invested over the weekend.

If you invest on a non business day or anytime after noon on a businessday, you will have value and your capital reflects the next business day. If done before noon on a business day, it reflects and you have value same day after COB.

Anything otherwise could be a glitch or something that has to do with method of funding your MMF
IchKampf: 12:08pm On May 20
@emmasoft, many thanks for your informative posts on this thread. I have a question, to limit fees how can I deposit funds in my Nörrenberger MMF , except via the Flutterwave platform? Thanks in advance
Odunharry(m): 3:52pm On May 20
MPR

emmasoft(m): 4:27pm On May 20
IchKampf:
@emmasoft, many thanks for your informative posts on this thread. I have a question, to limit fees how can I deposit funds in my Nörrenberger MMF , except via the Flutterwave platform? Thanks in advance

@IchKampf thank you for your kind words. To avoid extra charges, you can fund your using their UBA collection and use your name as narration. You can always send the evidence to customer care for a quick trace of deposited funds.

Funding through your MMF online will always involve a third-party payment gateway like Flutterwave or Interswitch, which will make you pay extra charges.

Chat me up or send a mail to customer care to get the collection , or better still, check below the attached opening form, the collection is there.

1 Like

Flash83: 6:47pm On May 20
thanks man
emmasoft:


If you invest on a non business day or anytime after noon on a businessday, you will have value and your capital reflects the next business day. If done before noon on a business day, it reflects and you have value same day after COB.

Anything otherwise could be a glitch or something that has to do with method of funding your MMF
Mrajah231: 9:26pm On May 20
I place a redemption from Stanbic mutual fund in the morning around 7 and up till now money is yet to enter my
Flash83: 11:17pm On May 20
The investment has reflected
emmasoft:


If you invest on a non business day or anytime after noon on a businessday, you will have value and your capital reflects the next business day. If done before noon on a business day, it reflects and you have value same day after COB.

Anything otherwise could be a glitch or something that has to do with method of funding your MMF

1 Like

darealabi: 4:42am On May 21
Hello

Im trying to do my comparison between Stanbic IBTC and Norrenberger Mutual Funds; but a friend just told me about the Stanbic IBTC Mutual funds investment is better (based on his experience)

May I ask how much gain can I accrued after 1 year if I invest 72 Million Naira?

Thank you
yesloaded: 7:10am On May 21
darealabi:
Hello

Im trying to do my comparison between Stanbic IBTC and Norrenberger Mutual Funds; but a friend just told me about the Stanbic IBTC Mutual funds investment is better (based on his experience)

May I ask how much gain can I accrued after 1 year if I invest 72 Million Naira?

Thank you

MMF rate is not fixed but average 20% presently
Neurotika: 10:08am On May 21
darealabi:
Hello

Im trying to do my comparison between Stanbic IBTC and Norrenberger Mutual Funds; but a friend just told me about the Stanbic IBTC Mutual funds investment is better (based on his experience)

May I ask how much gain can I accrued after 1 year if I invest 72 Million Naira?

Thank you

Superior processes - Stanbic
Superior returns - Norrenberger

Assuming rate is 20% and it’s compounded monthly like Stanbic, you’ll gain #15,796,158.
If it’s compounded quarterly like other funds, you’ll gain #15,516,450.

1 Like

freeman67: 10:26am On May 21
Mrajah231:
I place a redemption from Stanbic mutual fund in the morning around 7 and up till now money is yet to enter my

I placed a redemption request at 6:20 am on Monday and @ about 9:30 am it was credited to my .

It's sometimes dependent on various variables.

If your 7:00 is am, it's good enough but sometimes the human behind the system could mistakenly omit/skip request.

Also, if it is from their app or web portal and you followed through the process by supplying answer to your security question, the OTP and you received a redemption notification, it should be okay too.

Another thing is that if you have placed a redemption request before and it went. If it's your first time it might be just them applying security measures.



Thus, just check your to see if the withdrawal was effected and the money has been removed. If not, redo the process and yesterday send them a reminder on their asset management arm email.
Neurotika: 7:23pm On May 21
Who has an idea what the current rates for other funds asides Stanbic
tempest12: 8:32pm On May 21
Please how do I navigate norrenberger app to see the daily ROI percentage
emmasoft(m): 11:18pm On May 21
tempest12:
Please how do I navigate norrenberger app to see the daily ROI percentage

to your using the app you will see everything.
On the web portal, click on statement, all your transactions will be listed and the accrued interest
Samchi4christ(m): 12:56am On May 22
Thanks to stanbicibtcmutual for financial freedom! Low risk, daily interest and peace of mind. If you need assistance to with my years of experience with them using my referral code at my signature. Service would be free.
nickae: 5:25pm On May 22
Can anyone tell how long it takes to upgrade from basic to in blunest, I.e. stanbicassets, mine is taking over 3 days
emmasoft(m): 8:17pm On May 22
nickae:
Can anyone tell how long it takes to upgrade from basic to in blunest, I.e. stanbicassets, mine is taking over 3 days

Once you submit all required kyc documents and it through compliance team it can be same day, there is no specific time attached. Ordinarily within three working days, it should be concluded all things being equal.

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