Invest in Mutual Funds in Nigeria and Watch Your Money Grow | Flo Finance
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- เผยแพร่เมื่อ 27 ส.ค. 2020
- INVEST IN MUTUAL FUNDS IN NIGERIA AND WATCH YOUR MONEY GROW
Mutual Funds is another money market investment where you put your money in and get paid dividends or interest. You begin to see great results in Mutual Funds when you invest in it long term, 3 to 5 years.
❤ Getting Started with FBN Mutual Funds: beyondtoday.fbnquest.com/
When you get there, follow the prompts on the screen to contact them.
Please note that I am not an employee of FBNQuest so please direct all questions to them, they will explain these funds better that I will ever do. 😊
❤ Need one on one paid consultation?
Send me an email to floflofinance@gmail.com
❤ More investment videos:
Start investing: • Start Investing Here
Build a House in Nigeria: • Build a House in Nigeria
❤ Email: floflofinance@gmail.com
#mutualfunds #flofinance #investinnigeria #flochinyere - แนวปฏิบัติและการใช้ชีวิต
Wow. This is really cool information. You know a lot aunty Flo. I like this mutual fund investment. I will go to the description and get their contacts. You are not just expert in kitchen and household department, you are also knowledgeable in finance. See how you just refreshed my brain with Simple interest mathematics. I remove cap for you 🥰
Ina di sharp in all these your sit down videos..😘
Why can't I thumbs up twice bikonu??
I'm loving Aunty Flo's finance series
Thanks for your response. Well done.
You just did it again, in health profession there's talk about the multidisciplinary team,same can be said of you an all rounder,remain blessed
Very interesting Flo,you simplified it as ABC. I so wish investment was a thing we inculcated into our lives at an early stage of life. Am sharing this video to a whole of my friends.
I thank God for coming across your TH-cam videos. All your videos are detailed and informative. You are too good you know.Thank you very much. I will give this one a start. Chukwu gozie gii ezi nwaanyi oma na ejii nwanyo na aliputa.
Oh Auntie Flo, Thank you so much Ma for this Great eye opening lecture, I learnt a whole lot. Is straight to action for me and also sharing this video/channel to as many as I can. You're Blessed Forever.
Thank you so much. You be the light must of us go take see road oh! My sister. Thanks for this information.
Thanks sister flo I really enjoyed great knowledge from your mutual fund lesson...
I am blessed to know you. Thank you so much for this video and every other video you've shared. I learn a whole lot from you.. You are the best!
The language is more than simple 😍thanks so much for this video
Flo, you're a blessing. Keep doing the good job. Thanks for sharing.
Thank you so much from the bottom of my heart Flo
This is a really simplified step by step guide to investing in Nigeria for beginners. Thanks Aunty Flo
Thank you so much for this video.
Thanks Sis..thanks a lot!! I will check it out with First bank in 2022
Very informative thank you so much
Thanks so much for this information.
Thanks for this informative session.
Hmmmn, treasures. This whole money n investment market is beginning to make sense small small. Thanks for sharing.
I'm glad to read that. 😄
Thanks for the video my dear, it's very educating.
Been watching your old and new videos for some time now and I must say your sharp. Keep it up
God bless you for this
Hi great info thanks so much
Thank you namesake ❤️
Thanks for sharing..
Good
I admire u alot. I wish am as intelligent as u. Well done Ma
We all are, Queen. We just need someone to wake a specific part of our brain up.
Thank you sis
Oh great info as usual flo .......daalu. I sent the last video to my kids, nephews and nieces. Sometimes when they hear it from someone else it ....clicks!
O yes, that saying ... a prophet is not known in his land. Daalu for helping spread the word.
Thanks for this I needed it ✨🙏🏽
Very interesting, thanks for sharing Sis
😘😘😘
Hi Flo, I wanted to ask whether there is any advantage in having an account with First Bank if one would be investing through the FBN Mutual funds.
Thanks sister flo
Present oooh
Thanks Flo.
Wow, thanks so much
Yea on time
I enjoyed the video and this is more interesting to me than others. Thanks
Those are remarkable yields for a fixed income bond and your simple interest breakdown is friendly enough, even to the pedestrian viewer.
Kai 💃 💃 💃
Where have I been all this while oo 🙆♂️. God bless you aunty Flo! Who is like aunty Flo? 🤔, no one oo♥️
Let me make out time and watch the whole video biko because this is life saver 🏃♀️
Think of all the money you would have made with all that money you were not using. 😉
Thank you ma
Thanks sis for your information please I will like to go into this mutual funds investment please I need the links on how to get to them?
This is very educative and informative. Thanks for sharing Flo.
You are welcome Chibuike.
You are amazing!
Hello Flo why are you not talking about index funds, i heard they are the cheapest to manage.
Pls which bank is more reliable to invest mutual funds?
Mama Flo,thank you, thank you very much for this. Just found this new channel today and subscriberd so fast. I have been so interested in mutual funds and this has helped me a lot,didn't know first bank has one.
Please can this be done online from anywhere or we have to be present physically in Nigeria. I have been your loyal fan from the days of All Nigerian recipes. Best line is (Bye bye see you soon)
Yes First Bank has a whole subsidiary set aside for Mutual.Funds: FBNQuest Asset Management. And yes, everything is done online these days. The only prerequisite is that you must have an operational Nigerian bank account (in ANY bank, must not be First Bank). Then contact FBNQuest (links in the description box) and say you want to invest in this fund.
There are other funds which you can read up on on their website. But this one is the most attractive to me based on past yield and how affordable it is.
@@FloFinance Wow! You took your time to fully respond to me in details, I do not take this for granted Aunty Flo. Thank you so much. I will definitely read more about it on their website and do the necessary. Am extraordinary grateful ma.
I want to start somewhere but I am really confused.
Thank you Flo for this video.
Apart from FBN Mutual funds, do you know of any other good mutual fund in Nigeria?
This is amazing! My mutual funds here are giving me 7-10%. I've been sleeping on Nigeria.
Sorry to ask,is it monthly or annually?
Thank you so much ma please ma how do I register
Flo please how do I go about this.
I went to First bank In Delta state and they seem not to do Mutual funds
Please I want to know more about investing. How do I get in touch with you?
Big Sis, this really sounds good ooo. Imagine infact, I will sack this my account officer in first bank ooo for not keeping me informed Lol! See what I have been missing. Thanks Big Sis for yet another informative content👍.
I don't know why Nigerian account officers are not trained to market these investment opportunities to customers. All they know is "come and pay money into your account" 😂 So it's not just your account officer Nne.
exactly......
@@FloFinance 🤣🤣🤣! "come and pay money into your account".... nothing else ooo.
Is it a monthly or yearly returns?
My regards to you all 👍
👆🏿 I'm one of those procrastinators o 😂
Another interesting tutorial. Keep it up mam! Thanks
Please take action o. 😃
@@FloFinance Soon :)
One more thing please: any difference in commission charges between mutual fund managers and stockbrokers?
@@chimereh.achilefu9176 the charges for all these are always quoted in percentages which typically is around 1.5% in the industry.
For this fund, the management fee is 1.5% and they quote the NET yield which means they have already deducted their management fee before telling you the yield. For instance with that 2019 yield that was 20.6%, that's what YOU the investor will get because they have already deducted their fee.
For stockbrokers, you ONLY pay them commission when they buy/sell shares for you and usually their commission is about 1.5% on the value of the shares you are buying, a bit more if you are selling. Then you pay SEC or NSE fees depending on whether you are buying or selling, CSCS fees, stamp duty, VAT. All these are tiny amounts. For instance looking at one of my contract notes for shares I bought sometime ago, I see that I paid 1.57% in stockbroker commission, 0.7% in SEC and CSCS fees, 0.07% for stamp and 0.07% VAT.
I will get into all that in future videos but these fees are usually a small amount compared to the principal amount. For instance 1.57% of say N100,000 worth of shares is N1,570, and N15,700 for N1,000,000 worth of shares.
Fbn money market fund and Fbn fixed income funds which one would you prefer
Pls how do I start?
Goodday beautiful sister .i had been following your video and always like .but i decided to subscribe .because you are indeed good in your work.please i am interested in this.God bless you and your family
All the details are in the description box but I saw your other comment where you said you need to open an account. It is best to wait till you have opened the bank account before investing in this so you have an account to include in the registration form.
@@FloFinance ok my sister God bless you i really appreciate
Please is send wave not working in Germany.
@@blessinggloriatv not yet.
Flo ezigbo nwanyi daalu
Let me share this video. I want to invest so badly but I know no way to and also scared. Yes you are right.I am binge watching all your flo finance since yesterday. I have been asking myself why is aunty flo not coming up on my timeline then I came to check and BOOM!! Another one. Thank you sooo much for your Teachings. Chukwu Nna Gozie gi na ulo gi.❤️❤️❤️❤️❤️. I am already a first bank customer and I am in Germany. I do not know if I can do this from here or have to go back? Thank you
If you have an account in any Nigerian bank, you can do it online..Check the description box, the link is there
Thanks so much my role model, both in kitchen and money matters
Are you not the one doing the cooking content. I recognize your voice
Please ma,do you need to be a first bank customer to invest in this fixed income fund you talked about?
No.
How can obe get a stuckbrocker
The Maths teachers that taught simple interest did not help matters.(Na dem oh) 😂It is now you can understand its application
😂 Ije bikokwe. I think this simple interest is the most used formula in all these investments. So now that you know how to calculate your money, you are covered. 🤣
Great video content. Please I am interested in talking to someone you might know that deals with such investment - Mutual Funds or Stocks. Thanx
😘😘😘😘😘😘
Good video, the Country inflation rate needs to be tamed. The money you invested in 2006 ( presumerably foreign currency, it's worth less than half now).
Every country is affected by inflation at different rates. The most important thing is investing where you are HAPPY investing in.
Better to invest in foreign investments stocks ,u will always have your money in dollars and it will protect ur money against naija galloping inflation
@@tayokarate Dollar inflation is approaching double digits
I am also a shareholder of first bank for long,recently they didn't really want to pay dividends to me and family,I had to drag them on the social media,even writing via mail and the rest before they caved in and sent over the dividends,how do I monitor then to know there is no one diverting funds,thank you
In the history of my being a shareholder with Nigerian companies, NOBODY working with registrars can divert your dividends. Only your family members who can accurately forge your signature and know other information about you can do that.
The time you did not receive dividends may probably be because you did not activate eDividend payments (linking your shareholder accounts to your bank) so when they (Nigerian stock exchange) stopped the issuing of paper warrants, you did not receive anything. But as you saw, you came back and all your unclaimed dividends were there for you.
@@FloFinance ,thank you,but how do I know what gets to me is what am due,like how do I track it??
Each company you invest in releases financial reports ever year. And in that financial report, the amount paid out in dividends is stated there. Then use that to multiply the number of shares you hold with the company and you will get the amount of money you should be paid by that company. Repeat for every company you hold their shares.
The organized companies upload the financial report on their websites. Watch these two videos. I explained how to fish out this information in these videos:
Part 1. th-cam.com/video/Vz8B0ARqhvI/w-d-xo.html
Part 2: th-cam.com/video/veYhjFrRCv8/w-d-xo.html
Can people in diaspora invest in this fund from overseas?
Yes, those in the diaspora can invest in every investment I talk about on this channel. But you must have a bank account in Nigeria.
Hi flo, please I tried filling fixed income fund form and I’m confuse on the address to put since I’m not in Nigeria...
Send me an email (address in the description box).
Flo Finance just did Ma
Hilda so far I've received 3 emails from you. 😊 It seems you have not received my reply to your first email which I sent since yesterday.
Please check your spam folder to see if it went there.
Flo Finance just checked and I saw it..Thanks so much Ma
@@FloFinance please answer this question here.
I have #10,000 can I start investing in mutual fund aunty Flo
She said from 50k
Thanks so much for the information, I will like to go into the mutual fund but I don't know how to start hoping to go home soon. Should I go to the bank and find out how.
Check the description box for their contact information. Sadly First Bank may not have an answer for you because though they are sister companies, I find that they do not intermarket their products.
@@FloFinance thanks so much I will check the description box.
Can you have more than one broker
Scammers that clones my account are on this page. Do not chat anyone on whatsapp oo. It's not me.
Is the profit yearly or monthly?
Ur
I really gain something here. Pls where is their link. I want to apply fast
😂 Action woman! Everything is in the description box, links and emails.
@@FloFinance 😊😊 I like this kain tin o
Is your capital safe?
Yes, based on the assurance they gave me, it's safe as long as the investor does not liquidate during a downturn. For instance some bonds dipped at the peak of the pandemic this year March/April but they are back in the positive territory now.
I want a wife like you, Eziokwu.
🤣😂🤣
@@nnekaafam9820 ogini ñ ato gi