Ibtc And Arm Year End

[niceguychisom]

Please forum, does anyone know the respective year end of Ibtc's ethical fund and ARm's agressive fund year end so that I can buy into them.

[monna]

Hi,

The ARM aggressive growth fund has returned over 86% year to date, while what i have for the IBTC Ethical fund is 52.71% as at November.
The figure for IBTC is subject to your confirmation, while for ARM you dont have any doubts.
Thanks

[iharry]

You cannot really compare the two funds bacause they are two very different products. Aggressive growth fund as the name implies, is more aggressive as most of the funds is invested in Equities. On the other hand Equity fund is a more conservative investment vehicle investing only part of its funds in equities and the remainder in bonds and money market.

[monna]

Hi,

The aggressive growth fund year end is feb. i dont know that of the ibtc fund.
The post about ibtc equity fund, kindly look through their asset allocation to know the nature of the investment. Its an aggressive fund not a conservative fund. IBTC conservative fund is seperate from the equity and ethical fund. Dont forget IBTC has a guaranteed fund which is more of a conservative fund.
Thanks and tk

[iharry]

The asset allocation of IBTC Euity fund is at closer to ARM's Discovery fund. Therefore, it provides a better basis for comparing performance.

[iharry]

The IBTC Fund has a minimum target allocation of 75% in quoted stocks and a maximum of 25% in money market securities.

ARM AGGRESIVE GROWTH FUND:Asset Allocation
The fund is made up of minimum investment of 80% Equity Security and maximum 20% to Money Market and Fixed Income Investments.

The simple fact that AGF allocate 5% more of it funds Equity Security make it a more Aggressive investment tool. Investment in equity is more volatile, but provide more yeild for investors. On the other hand investment in money market and fixed income is a conservative kind of investment as they carry little risk and thus, provide less yeild than invetment in equities.

[monna]

If you are to compare both, you know the discoveryfund returned over 52% last financial year

[amaka_favour]

Pls can somebody tell me about arm discovery fund. how do i start it and how much do i need to open an acount. thanks

[Murphy]

Originally Posted by amaka_favour

Pls can somebody tell me about arm discovery fund. how do i start it and how much do i need to open an acount. thanks

You can visit The Discovery Fund - Trusted by more people and download the application form from there, fill the form and submit at their office with your cheque or pay to GTB. You can read all these on this site.
I may suggest you consider the Arm Aggressive fund it is better than the discovery fund - just my view.
Good luck

[afam1]

@amaka favour

kindly find attached the subscription form and contact me on 08038673022,
my name is AFAM NWACHUKWU and i work with ARM DISCOVERY FUND.

afam.nwachukwu@armdiscoveryfund.com

[adeshine]

Pls. kindly advice me which stock i can invest on or which mutual fund can i invest my money. Pls am new.

[Apache]

Originally Posted by adeshine

Pls. kindly advice me which stock i can invest on or which mutual fund can i invest my money. Pls am new.

Just read through the Mutual fund forum. There's wealth of info there

[afam1]

contact me with this number 08038673022 or afam.nwachukwu@yahoo.com


i will be willing to send you the forms to start ur own investment.

think AGGRESSIVE GROWTH FUND

[zainabusman]

I have been watching the IBTC ethical fund very carefully. It has actually been moving down with the market. The price yesterday was N2.11. I decided it was time to buy a bit. I actually purchased some in Feb and March at a higher price. I decided that now is the right time to buy more to average down my price. I believe, once the market starts recovering the fund will recover too.

For those who are interested in Funds, the prices are right now good for entry.

The fund will be sold at 2.12 on Friday up by 1k.

[justice bende]

Originally Posted by zainabusman

I have been watching the IBTC ethical fund very carefully. It has actually been moving down with the market. The price yesterday was N2.11. I decided it was time to buy a bit. I actually purchased some in Feb and March at a higher price. I decided that now is the right time to buy more to average down my price. I believe, once the market starts recovering the fund will recover too.

For those who are interested in Funds, the prices are right now good for entry.

The fund will be sold at 2.12 on Friday up by 1k.

Zbusman, could you pls throw more light on what this ethical funds really involves and how it works? cause am new to this way of making money. I would really appreciate your response to enable me probably take position now as you have generously adviced.

Thanks.

[zainabusman]

Originally Posted by justice bende

Zbusman, could you pls throw more light on what this ethical funds really involves and how it works? cause am new to this way of making money. I would really appreciate your response to enable me probably take position now as you have generously adviced.

Thanks.

In line with the positive upward movement today, the fund will sell at N2.16 on Monday.

Pls find attached the Ethical Fund prospectus and the form if u wish to subscribe. Take ur time and go through it.

If u have any questions, please feel free to ask.

[Michael]

Originally Posted by zainabusman

I have been watching the IBTC ethical fund very carefully. It has actually been moving down with the market. The price yesterday was N2.11. I decided it was time to buy a bit. I actually purchased some in Feb and March at a higher price. I decided that now is the right time to buy more to average down my price. I believe, once the market starts recovering the fund will recover too.

For those who are interested in Funds, the prices are right now good for entry.

The fund will be sold at 2.12 on Friday up by 1k.

What was the highest price before the bloodletting?

[zainabusman]

Originally Posted by Michael

What was the highest price before the bloodletting?

The highest offer price was N2.53 achieved on March 11th. The highest bid price was N2.43 also achieved on March 11th. The All share index reached an all time high o March 5th. From then on it was a downward trend.

The bid price on Monday (June 30th) is N2.08 and the offer N2.16

[oajala]

Firstly, I am new to this game and I have been doing some research into these two funds. can someone please help to answer the following questions:
[*]What is the minimum amount that can be invested?[*]What is the anticipated percentage return on investment?[*]Can the investment be over a short period (i.e.3, 6, 9 or 12 months)?[*]Which is the better of the two?

Thanks.