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 Maybank eGIA-i 3.45% p.a., Rojak of SA + FD + MMF

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Ramjade
post Oct 9 2017, 11:38 PM

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QUOTE(besiegetank @ Oct 9 2017, 11:09 PM)
Is there anyway to change the username? It is so hard to remember their assigned username for my eunitrust account...
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You can try using a password manager. I am using Lastpass.
akping_1
post Oct 16 2017, 04:06 PM

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Since the change of the GIA, the fund size drop nearly 2-3 Billion on June compare to May

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http://www.maybank2u.com.my/WebBank/IA_Fun...e_TF_2017Q2.pdf
AskarPerang
post Oct 16 2017, 09:36 PM

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will drop more. coz only got withdrawal.
fruitie
post Oct 17 2017, 12:04 AM

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QUOTE(ytan053 @ Oct 7 2017, 06:17 PM)
wont know upon withdrawal. only will know the rate on the following month when the rate is disclosed on philip page / dividend credited into ur account
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I hope by then I will know how to calculate. laugh.gif
So the interest is not really daily interest. Assuming if I withdraw everything today, I may not get a single cent of interest since I didn't withdraw on 1st?

I just tried redeeming 2000 units for some quick payments and I got RM 1k. Assuming if I only have RM1k and i have withdrew now, so I won't get any interest right?
cklimm
post Oct 17 2017, 08:44 AM

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QUOTE(akping_1 @ Oct 16 2017, 04:06 PM)
Since the change of the GIA, the fund size drop nearly 2-3 Billion on June compare to May

Attached Image

http://www.maybank2u.com.my/WebBank/IA_Fun...e_TF_2017Q2.pdf
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They are surprisingly honest about this, cant wait to see Q3 report brows.gif
Amanda85
post Oct 17 2017, 08:46 AM

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I'm waiting for mine to mature next month and will withdraw all.
vincabby
post Oct 17 2017, 10:14 AM

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that's year to year. how about month to month? and they should have known this before they implement watever they are doing now.
akping_1
post Oct 17 2017, 10:22 AM

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QUOTE(vincabby @ Oct 17 2017, 10:14 AM)
that's year to year. how about month to month? and they should have known this before they implement watever they are doing now.
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with refer to the graph it did show the fund size compare for may 2017 n june 2017
ytan053
post Oct 17 2017, 10:23 AM

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QUOTE(fruitie @ Oct 17 2017, 12:04 AM)
I hope by then I will know how to calculate. laugh.gif
So the interest is not really daily interest. Assuming if I withdraw everything today, I may not get a single cent of interest since I didn't withdraw on 1st?

I just tried redeeming 2000 units for some quick payments and I got RM 1k. Assuming if I only have RM1k and i have withdrew now, so I won't get any interest right?
*
Interest is still calculated on daily.

In a month, interest on your each placement is calculated from the day you buy the unit to 1st of the following month. For sale of unit, you minus the interest from the day of your selling date (always refer/ check back to the transaction date on PMMMF*) to the 1st of the following month. Even though you have withdraw everything today, you still earn the interest you get for your earlier placement until end of the month (because they also deduct you interest for sale of unit from the day you sell the unit until end of the month).

*I have encountered selling of units after 6:00pm and the transaction date was considered as the following date.
vincabby
post Oct 17 2017, 10:32 AM

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QUOTE(akping_1 @ Oct 17 2017, 10:22 AM)
with refer to the graph it did show the fund size compare for may 2017 n june 2017
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it did. but thought numbers would be more significant.
fruitie
post Oct 17 2017, 10:45 AM

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QUOTE(ytan053 @ Oct 17 2017, 10:23 AM)
Interest is still calculated on daily.

In a month, interest on your each placement is calculated from the day you buy the unit to 1st of the following month. For sale of unit, you minus the interest from the day of your selling date (always refer/ check back to the transaction date on PMMMF*) to the 1st of the following month. Even though you have withdraw everything today, you still earn the interest you get for your earlier placement until end of the month (because they also deduct you interest for sale of unit from the day you sell the unit until end of the month).

*I have encountered selling of units after 6:00pm and the transaction date was considered as the following date.
*
I see. So, in another word, though I put in RM 1000 = 2000 units, when I sell that time it will be more than 2000 units ya?
sendohz
post Oct 17 2017, 10:46 AM

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QUOTE(ytan053 @ Oct 17 2017, 10:23 AM)
Interest is still calculated on daily.

In a month, interest on your each placement is calculated from the day you buy the unit to 1st of the following month. For sale of unit, you minus the interest from the day of your selling date (always refer/ check back to the transaction date on PMMMF*) to the 1st of the following month. Even though you have withdraw everything today, you still earn the interest you get for your earlier placement until end of the month (because they also deduct you interest for sale of unit from the day you sell the unit until end of the month).

*I have encountered selling of units after 6:00pm and the transaction date was considered as the following date.
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looks complicated.
cybpsych
post Oct 17 2017, 03:32 PM

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QUOTE(ytan053 @ Oct 17 2017, 10:23 AM)
Interest is still calculated on daily.

In a month, interest on your each placement is calculated from the day you buy the unit to 1st of the following month. For sale of unit, you minus the interest from the day of your selling date (always refer/ check back to the transaction date on PMMMF*) to the 1st of the following month. Even though you have withdraw everything today, you still earn the interest you get for your earlier placement until end of the month (because they also deduct you interest for sale of unit from the day you sell the unit until end of the month).

*I have encountered selling of units after 6:00pm and the transaction date was considered as the following date.
*
QUOTE(sendohz @ Oct 17 2017, 10:46 AM)
looks complicated.
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this is more like the "advance charging/cycle forward" billing model biggrin.gif

i guess can be illustrated below...

user posted image
sendohz
post Oct 17 2017, 03:39 PM

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QUOTE(cybpsych @ Oct 17 2017, 03:32 PM)
this is more like the "advance charging/cycle forward" billing model  biggrin.gif

i guess can be illustrated below...

user posted image
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thumbsup.gif clear illustration
poor man
post Oct 17 2017, 10:50 PM

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uob change e account Rates
Revision of eAccount Interest Rates (effective 19 October 2017)
Above / Melebihi RM50,000 3.60%
http://www1.uob.com.my/personal/announcement.page
ytan053
post Oct 17 2017, 11:55 PM

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QUOTE(fruitie @ Oct 17 2017, 10:45 AM)
I see. So, in another word, though I put in RM 1000 = 2000 units, when I sell that time it will be more than 2000 units ya?
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yes.
fruitie
post Oct 18 2017, 12:01 AM

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QUOTE(ytan053 @ Oct 17 2017, 11:55 PM)
yes.
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Do you find it difficult to monitor the interest earned? Sorry, finance is not my forte, hence I'm very slow in this. sweat.gif
lookie
post Oct 18 2017, 04:20 PM

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QUOTE(poor man @ Oct 17 2017, 10:50 PM)
uob change e account Rates
Revision of eAccount Interest Rates (effective 19 October 2017)
Above / Melebihi RM50,000  3.60%
http://www1.uob.com.my/personal/announcement.page
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Thanks for this. Good news!
Even better than Gia 60m at 3.55%
Nom-el
post Oct 18 2017, 04:31 PM

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QUOTE(poor man @ Oct 17 2017, 10:50 PM)
uob change e account Rates
Revision of eAccount Interest Rates (effective 19 October 2017)
Above / Melebihi RM50,000  3.60%
http://www1.uob.com.my/personal/announcement.page
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QUOTE(lookie @ Oct 18 2017, 04:20 PM)
Thanks for this. Good news!
Even better than Gia 60m at 3.55%
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Great news indeed. thumbup.gif For those with balance above 50k, it is even better than money market funds like PMMMF & RHB CMF 2 & Bank Islam's Wafiyah Investment Account.
Ramjade
post Oct 18 2017, 05:19 PM

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fruitie, any idea when I try to submit my IC, it gave me a "500 - Internal server error". How to go about it?

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