The way I was waiting for this vlog. Who is ALA? The ease of investing is unmatched. I kinda see a lawsuit on unfair practice coming😂😂😂 Finally, thank you Safaricom. I see what you did there😜
Thanks for sharing knowledge kuhusu ZIDII , bythaa hii ndio channel ya kwanza kufanya Reviews za Ziidi mmf .......... Others will follow Mr Brian keep us updated.
I thought anyone would want to invest until i tried educating one lady with a lot of money on M-shwari, was telling her to transfer to zidii and she refused...she told me that she trusts M-shwari more.
Hey..kama ni ledger fee, Haina hiyo so far ni only a few players perhaps 1 ama 2ndio wako na hiyo story ya ledger fees. You're welcome and thanks for the feedback 🙏🏽
I mentioned it in part 2 that I just posted. The different fund managers have different rates so they haven't come out clear yet on the exact rate. I'll update once we have that
Well it's licensed by CMA to operate. And yes you can still choose to outsource a fund manager. So yes it is. Let's see how they handle the complicated setup for now with more than one fund manager at the same time
The tax is usually withheld not on every account individually but as the total fund altogether whereby we all are a pool of the same. Tumechangia sote so they don't need specific pins to remit. However as part of KYC they should request for that..
They are related by virtue of both being hosted by safaricom but there is no relationship between the two. I tried the lock feature it seems to work well. Labda an hitch on your end
Hey Kevin 👋🏽 All is well, they keep going on pamoja so no worries about it. We hope to see some changes perhaps about allowing new people to onboard or perhaps wale tuliingia tutabaki hivyo hivyo. Let's see how it unrolls after the official Ziidi launch
11% interest is per year. You'll calculate 11% divide by 365 to get the daily interest. 0.11/365 times the money you deposited to get the daily interest
Thanks for the video. However, the charge by the CUSTODIAN and TRUSTEE is a PUT OFF. These COST are almost similar to the charge Mpesa takes when I send money to Sanlam etc. My OPIINION. I will give Ziidi a MISS.
The 3 fund managers will have to be paid - the middle man too - this will significantly reduce the net returns. StanChart had a similar arrangement with Sanlam. Why go through the middleman?
Hey, only time will tell Pamela. It's been 25+ years now and no one has lost a coin in MMF. Let's meet after ten more years to exchange notes on the same. Thank you for the feedback 🙏🏽
just subscribed. Thanks for your efforts to educate us on investment. Sio politics saa yote.
Welcome sana 🙏🏽🙏🏽
And thanks for the kind feedback
Mwatch mkilike bana, I'm watching 15hrs later and my like is the first of 1.5k views, si poa.
Nafaa kupin hii comment. Shukran Jakaroko
Since l started watching your videos ,ave become financially disciplined.Thanks for the lnformation Brayo.
Wow..this is encouraging 🙏🏽🙏🏽
Thanks for sharing this. I wish you more and more success 💯💯
You're welcome Gertrude
Great insights. Worth considering bearing in mind no transactions fee.. keep up the good work. That's why we love your work
Thank you Dave,
I appreciate your kind feedback and support 💯🤠🙏🏽
Bro i like your work 😊been following u on tiktok b4 u open TH-cam...keep going and educating plp,as u make plp win u alao win
Wow wow wow
Thank you for your great support and encouragement. We keep going forward strong 💪🏽💪🏽💪🏽💯
Awesome! Thanks for the Amazing information ❤
You're welcome my brother, thank you for your support 🙏🏽🙏🏽 💪🏽
Great insights here.....thenx Brian.....
You're welcome Josephine..good to hear from you
Does the interest grow daily and if so,sholu it display the amount of interest gained that day
Yes it grows daily and they show it
Just got a new subscriber, very well explained, can't wait to invest
Thank you very much for the kind feedback. And karibu to MoneyVersations. It's good to have you 🙏🏽
Thank you for Highlighting this.
Thank you Nelima 🙏🏽🙏🏽
You're welcome
Thank you for the information
The way I was waiting for this vlog. Who is ALA? The ease of investing is unmatched. I kinda see a lawsuit on unfair practice coming😂😂😂
Finally, thank you Safaricom. I see what you did there😜
Hapa grey areas ziko mingi 😂😂let's see vile kutaenda
Huyu ALA ni mgeni Wacha tu tusichome for now 😂😂
Thankyou for updates 🙏🙏
You're welcome Jackie
Thanks for your support
Asante sana
Karibu sana 🙏🏽
Good information 👍
Thank you Terry
Good to hear from you
Is the interest indicated net or it is still to be subjected to 15% WT?
That's net of all charges but gross of tax.
Waiting for that video about lock
Certainly it's ready.. uploading tomorrow
Great sir
Thank you very much 🙏🏽🙏🏽
6:37 hakuna screenshot. But good stuff
Alafu are the withdrawals immediate or need like 2 days?
Thank you for pointing that out. This must have been omitted during the final edit I will add a link to them shortly
They are immediate, I've just tried.
@@HecProman thanks
Thanks for sharing knowledge kuhusu ZIDII , bythaa hii ndio channel ya kwanza kufanya Reviews za Ziidi mmf .......... Others will follow
Mr Brian keep us updated.
Kajose mtu wangu..nashukuru sana for the support. So good to hear from you na Wacha tuzidi kuwin strong 💪🏽
Asante bro
Karibu sana Theresa 🙏🏽
Unlike etica the customer care part of it should be improved
Correct..or even have a separate wing for client service only
Does compounding happen daily or monthly?
It should be daily but let's see whether they keep the word over the next few days
Thanx for this info
Hey Jackie 👋🏽
You're welcome and good to hear from you
Why not go direct to SANLAM or Manxa X.
I thought anyone would want to invest until i tried educating one lady with a lot of money on M-shwari, was telling her to transfer to zidii and she refused...she told me that she trusts M-shwari more.
That's funny Stevo 😂😂but that's the sad reality
Anne..may those with eyes see..watch out for the review kesho. And see the difference in returns
Hii nlishajoin na nkaanza kuinvest. Etica ndio kiboko yao
💯💯💯👌🏽
Hapo Sasa.. glad ushamanage. Goals ndio muhimu
@@MoneyVersations kabisa bro thanks always for keeping us on toes with your updates
@M😂😂😂😂😂😂😂oneyVersations
Etika n gani
Are they compounding daily
Yes they should
Thanx alot Brain ...tuambie kama Kuna larger fee please
Hey..kama ni ledger fee, Haina hiyo so far ni only a few players perhaps 1 ama 2ndio wako na hiyo story ya ledger fees.
You're welcome and thanks for the feedback 🙏🏽
Did I miss on Management fees charges.
I mentioned it in part 2 that I just posted. The different fund managers have different rates so they haven't come out clear yet on the exact rate. I'll update once we have that
Is Ziidi listed like the other MMF
Well it's licensed by CMA to operate. And yes you can still choose to outsource a fund manager. So yes it is. Let's see how they handle the complicated setup for now with more than one fund manager at the same time
@@MoneyVersations True. Time will tell.
When can I withdraw my money from zidii?
Can etica lock money
Yes there's option for locking if you wish to.
Yes
Yes you can
Yes you can lock it
Yes, kwa wealth fund from 1M
Mimi bado siamini hii zidii ya safaricom wacha kwanza nikae nyuma ya tent😂😂 ni maintain etica cic na nabo nitaingia next year😂😂
😂😂😂😂🙌🏽umeniundia weekend I mara that that
@MoneyVersations 😂😂😂 Wacha tuchungulie kwanza.
Seems Safaricom hawakuelewana na ghengis that was the fund manager thus leading Safaricom opening theirs
Kabisaaa ni kama kulikuwa na vita hapo 😅
Kindly do us a video on the difference between a CDS and a CSD account. Its somehow confusing. And how to open both
Yeah very confusing have also stacked there 😅
I tried to call them to inquire about ziiidi and Ratiba but couldn't manage to reach them.
Can they different please
Yeah hapo kwa customer care is a challenge to reach them
Where does Safaricom get my KRA pin for purposes of remitting deducted tax?
The tax is usually withheld not on every account individually but as the total fund altogether whereby we all are a pool of the same. Tumechangia sote so they don't need specific pins to remit. However as part of KYC they should request for that..
@MoneyVersations I see👍🏻. I have an account at Etica & I provided pin. Maybe they ask for it for purposes of KYC as u said
Thankyou
Kindly what happens to Mali mmf?
It's still there am also investing on MALI
Still there..both are running but Mali is still not admitting new Signups
Yesterday rate was 13.5%
Today rate is 11.5% 😮
The T bill rates have dropped. The 13.5% seems to have been migrated from Mali
Yeah..let's see how this develops.. they are coming in at a time all options of investment are very low
Interest rate NI same as Mali ama?
Haiko same..Leo Ziidi was 11 Mali 13 but let's see how it progresses
Is ziidi related to mali juu i tried to lock up an amount on ziidi and they declined coz the amount is higher than mali balance?
They are related by virtue of both being hosted by safaricom but there is no relationship between the two. I tried the lock feature it seems to work well. Labda an hitch on your end
@@MoneyVersationsOh no! Your lock request was unsuccessful. The amount entered is higher than funds in your MALI account. Please try again.
What is the future of Mali because i have invested massively there
Hey Kevin 👋🏽
All is well, they keep going on pamoja so no worries about it. We hope to see some changes perhaps about allowing new people to onboard or perhaps wale tuliingia tutabaki hivyo hivyo. Let's see how it unrolls after the official Ziidi launch
@@MoneyVersations what's your take on Mali's fund manager? Ziidi hapana for now, kwanza tuisome.
Is this intrest sent daily to your account?
Yes it should
@MoneyVersations do with 10,000 I can make roughly 1000 a day? Sounds too good to be true...
Do you realize after 10 days the money doubles?
11% interest is per year. You'll calculate 11% divide by 365 to get the daily interest. 0.11/365 times the money you deposited to get the daily interest
@@erastokNot really,,,
How to open ziidi acount bro?
Ame explain bana
On the mpesa app under financial services ama dial *334# then financial services option utaiona
😅😅
Na that 15%withholding tax?
Iko hiyo..
Who is the Custodian and Trustee
The custodians and trustees apply the same as for the fund managers, that's Sanlam, ALA and SIB's coz Ziidi is not a fund manager.
Hi,, kindly would you consider telling us how they calculate the interest rate please.
I'll post one for Ziidi but this is how it's calculated across all MMFs
th-cam.com/video/jyP4FGiWb-Y/w-d-xo.html
Hi, thanks for info.Can you guide me how to open Etica mmf please?
Want to open both Ziidi and Erica before this yr ends,next week actually.Kindly guide me.
Great idea..that's the way to go.. go to bit.ly/eticammf and fill the form there to open it instantly
No interest on my side ?
That's strange..
@MoneyVersations i have gotten 4 shillings
@MoneyVersations gotten 4 shillings make it make sense how a rate of 11% gives me 4 shillings
Remember 11.16% is per year if you want to confirm how you are getting 4 bob it is the same as 0.03% per day@@hugenehope
Thanks for the video. However, the charge by the CUSTODIAN and TRUSTEE is a PUT OFF. These COST are almost similar to the charge Mpesa takes when I send money to Sanlam etc. My OPIINION. I will give Ziidi a MISS.
😂😂😂
Let's monitor and see how it goes over the next few days
You're welcome bro
Another thing saf exclude all liabilities or damage that may occur in ur account what does that tell us
@@MoneyVersations Thank you and yes let us see how it goes.
The 3 fund managers will have to be paid - the middle man too - this will significantly reduce the net returns.
StanChart had a similar arrangement with Sanlam.
Why go through the middleman?
Wale hutumia mshwari locksavings or Mshwari savings itatusaidia. The interest in Ziidi is way better than lock saving ya mshwari.
That's correct Loise
Labda wanaogopa the fund management part. Let's see how that goes
I also smell danger here
After Bob Collymore went to be with the Lord, Safaricom became something else. The customer care department is among the worst I know.
You have said it better than I could have put it. Customer care 🙆🏽🤦🏽only For the strong at heart. Thank you for the feedback
The fact that it has zero charges on transactions, Ive just switched from Etica.
😅😅all the best as you go for your goals 💯
Wrong move
@@bernardotieno346 why?
@@MoneyVersationswhat's there interest rate?
watu wenye hawana hio number ya safaricom do they have option na app or website option?
Hapo ni ngumu juu ni kama kutaka mpesa service na huna number ya Safaricom. Hizi pia ziko intertwined the same way
Safaricom wants us to withdraw 10bob for airtime
😂😂😂
umeniconvince🥲
😅😅🙌🏽
Sawasawa nimekubali pia
You may be another Caro Mutuko who made many join cytonn ony to loose it
Hey, only time will tell Pamela. It's been 25+ years now and no one has lost a coin in MMF. Let's meet after ten more years to exchange notes on the same. Thank you for the feedback 🙏🏽
😂😂
Me reading this while still in Cytonn😅
You and me both@@rhymontic
The people who lost money on Cytonn are the one who invested on their new baby REITS for the MMF part is safe Uptonow