NewStats: 3,264,282 , 8,183,201 topics. Date: Tuesday, 10 June 2025 at 12:36 PM v96f

austine4real:


pls sir I want to open investment one I but don't know which to choose I'm seeing abacus ,HIV vgfi etc pls put me through

Abacus is the mmf and I think it's what you are looking for.

I gats this quiz,hope I don't derail......
can anyone in the house please give me an insight on FBN Heritage fund and if its a go to buy. Thanks

Two liquidation requests, did Stanbic first . Guess which one came first and which one hasn't come ?

AbbyE:
Two liquidation request, did Stanbic first . Guess which one came first and which one hasn't come ?

Definitely the AXA Mansard.

austine4real:


pls sir I want to open investment one I but don't know which to choose I'm seeing abacus ,HIV vgfi etc pls put me through

Choose Abacus. at investment one their money market fund is called Abacus Money Market Fund hence we have the abbreviation AMMF

[/b]Always Axa[b]

AbbyE:
Two liquidation requests, did Stanbic first . Guess which one came first and which one hasn't come ?

Update on ARM Discoveryfund: I was told that took 2 week to confirm my signature and i was suppose to be paid yesterday, i called this morning and they told me they don't have the price to pay me for the units am redeeming that they only have price from 4th of January or so. Please anyone had any luck redeeming through ARM discovery fund. The worst service i have ever received and please DO NOT INVEST IN THEIR AGGRESSIVE FUND.

This is now the third week battling ARM for a token amount to redeem. I have now asked for my s to be closed but still they won't send me forms to close down my .

xcitedjay:


Definitely the AXA Mansard.

Axa came yesterday morning , Stanbic is still pending till now

Just a quick question,

Is it right to speed ones investment. I'm presently have some investment with AXAmansard's and SFS capital, all mutual funds And I'm considering opening another with a different company

emmy4lov:
Just a quick question,

Is it right to speed ones investment. I'm presently have some investment with AXAmansard's and SFS capital, all mutual funds And I'm considering opening another with a different company

if you don't mind the stress of managing and monitoring them all then its fine

From what I've been reading recently, seems investmentone offers the best rates. I currently use stanbic....should I start porting?

please, I still need an answer to how good FBN heritage fund is plus anybody that used/using it should please share their insight. Thanks

michael18:
please, I still need an answer to how good FBN heritage fund is plus anybody that used/using it should please share their insight. Thanks

Dividend is not paid regularly.
The last payment was in December 2017.
However, the value of your investment increases with time.

Desanta:

Dividend is not paid regularly.
The last payment was in December 2017.
However, the value of your investment increases with time.

What do you mean by divided is not paid regularly?

Interest in their Abacus MMF accumulates daily and they reinvest the accumulated interest automatically every quarter. They reinvest my interest on Jan 1st 2019 as at the last count.

And don't be undermine them because the interest is reinvested quarterly o, because that their quarterly reinvest still ends up giving me more total interest compare to IBTC who claim reinvest interest weekly.

I have been with both for more than 6 months, so i know what i am saying.

Dfavouredone:


What do you mean by divided is not paid regularly?

Interest in their Abacus MMF accumulates daily and they reinvest the accumulated interest automatically every quarter. They reinvest my interest on Jan 1st 2019 as at the last count.

And don't be undermine them because the interest is reinvested quarterly o, because that their quarterly reinvest still ends up giving me more total interest compare to IBTC who claim reinvest interest weekly.

I have been with both for more than 6 months, so i know what i am saying.

I was talking about FBN heritage fund.

Desanta:
Dividend is not paid regularly. The last payment was in December 2017. However, the value of your investment increases with time.

Thanks for the reply and Answer. really appreciate

[color=#000099][/color][quote][please what is SFS and FIF?? ][quote author=ajeleomo post=74441516]

This is not as you see it, I had spoken with a representative of Afrinvest and their interest displayed is not same as how MMF interest are being calculated. You need to them for a better understanding as your interest is based on the difference between your entry and closing price.

I have just receieved a breakdown of interest from SFS FIF as shown below for the month of december 2018

14.89%
14.89%
14.91%
15.01%
15.00%
15.08%
14.31%
14.31%
14.30%
14.30%
15.18%
15.19%
15.21%
14.51%
15.25%
15.25%
15.26%
15.24%
15.31%
15.32%
15.30%
15.30%
15.29%
15.34%
15.34%
15.34%
15.34%
15.36%
15.36%
15.36%
15.36%
[Please what is SFS and FIF]

please what is SFS and FIF?

ajeleomo:


This is not as you see it, I had spoken with a representative of Afrinvest and their interest displayed is not same as how MMF interest are being calculated. You need to them for a better understanding as your interest is based on the difference between your entry and closing price.

I have just receieved a breakdown of interest from SFS FIF as shown below for the month of december 2018

14.89%
14.89%
14.91%
15.01%
15.00%
15.08%
14.31%
14.31%
14.30%
14.30%
15.18%
15.19%
15.21%
14.51%
15.25%
15.25%
15.26%
15.24%
15.31%
15.32%
15.30%
15.30%
15.29%
15.34%
15.34%
15.34%
15.34%
15.36%
15.36%
15.36%
15.36%

Dfavouredone:


What do you mean by divided is not paid regularly?

Interest in their Abacus MMF accumulates daily and they reinvest the accumulated interest automatically every quarter. They reinvest my interest on Jan 1st 2019 as at the last count.

And don't be undermine them because the interest is reinvested quarterly o, because that their quarterly reinvest still ends up giving me more total interest compare to IBTC who claim reinvest interest weekly.

I have been with both for more than 6 months, so i know what i am saying.

Do you do their Vantage Guaranteed Income Fund? I think that one has the best performance till date.

Quick question biko. How do you do subsequent credits to the fbn mutual funds? Is there an app on playstore to manage and see your funds as well as credit additional funds? Thanks

ovenbake:
Quick question biko. How do you do subsequent credits to the fbn mutual funds? Is there an app on playstore to manage and see your funds as well as credit additional funds? Thanks

There is an app for it called FBN Edge

ovenbake:
Quick question biko. How do you do subsequent credits to the fbn mutual funds? Is there an app on playstore to manage and see your funds as well as credit additional funds? Thanks

Yes there is FBN EDGE app it. however you pay charges if you are using it. what i do is: simply transfer to the given number and send them mail showing evidence of fund transfer and the will credit your fund . They have different s for their different funds. send mail to them requesting for the of the fund you are interested in

emmasoft:

Yes there is FBN EDGE app it. however you pay charges if you are using it. what i do is: simply transfer to the given number and send them mail showing evidence of fund transfer and the will credit your fund . They have different s for their different funds. send mail to them requesting for the of the fund you are interested in

you mean FBNQuest charges anytime we use the app or when we use it to top up?

Ias1:
you mean FBNQuest charges anytime we use the app or when we use it to top up?

top up Because third part is involved (digital payment platforms)

emmasoft:

top up Because third part is involved (digital payment platforms)

ook, thanks

emmasoft:

Yes there is FBN EDGE app it. however you pay charges if you are using it. what i do is: simply transfer to the given number and send them mail showing evidence of fund transfer and the will credit your fund . They have different s for their different funds. send mail to them requesting for the of the fund you are interested in

Thanks

AXAmansard's just hit 12.99%

Desanta:



I was talking about FBN heritage fund.

OK.

GonFreecss1:


Do you do their Vantage Guaranteed Income Fund? I think that one has the best performance till date.

No, it's Abacus MMF I have with them.

How is the rate of their Vantage Guaranteed Income Fund.

GonFreecss1:


Do you do their Vantage Guaranteed Income Fund? I think that one has the best performance till date.

I've wondered the same thing. I checked thier site and both VGIF and abacus, according to them, offer capital preservation, however the former seem to have better rates. But Abacus seems to be more popular

I suspect it has to do with the proportion allocated to fixed securities or equities. Unlike stanbic, they don't give a detailed breakdown of the percentage that will go into the various instruments.

I'll appreciate the view of other investors

Cc
Emmasoft
Ernie4life

Dfavouredone:


No, it's Abacus MMF I have with them.

How is the rate of their Vantage Guaranteed Income Fund.

When I last checked, abacus is about 12.9% while VGIF is 15.7%

Dfavouredone:


No, it's Abacus MMF I have with them.

How is the rate of their Vantage Guaranteed Income Fund.

Currently over 15%, it has been kinda consistent over the years to be honest.