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Investment StashAway Malaysia, Multi-Region ETF at your fingertips!
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Gabriel03
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 Oct 28 2020, 07:44 PM
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QUOTE(4eyeco @ Oct 28 2020, 04:38 PM) I was actually asking because I saw the projected rate of 1.4% p.a. If this is the current SAMY Simple projected rate, I would consider moving my funds out la.. There is other money market fund that offers better rate and takes way shorter time to process the buy and sell order. It's called PMMF. In order to stay on topic, if you would like to know more, please refer to the Money Market Fund thread. https://forum.lowyat.net/topic/4962773 |
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Gabriel03
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Oct 28 2020, 07:51 PM
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QUOTE(GrumpyNooby @ Oct 28 2020, 05:16 PM) So Simple™ by SAMY is still giving 2.4% pa (as per they advertised in their website) now or 1.9% pa (with subsidy) or 1.4% pa as per email?  Can anybody do some calculation? Where's the transparency that they promise to adhere?  Stashaway is merely a feeder fund for Eastspring Investments Islamic Income Fund. Based on the main fund performance as shown in https://www.fundsupermart.com.my/m/factsheet/fund/MYESIIFLast 1 month : 0.17% equivalent to 2.04% pa Last 3 months : 0.54% equivalent to 2.16 pa The ROI is updated on a daily basis on working days. So, the value can fluctuate. |
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Gabriel03
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Oct 28 2020, 07:59 PM
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QUOTE(GrumpyNooby @ Oct 28 2020, 07:55 PM) If they cannot achieve the projected 2.4% pa, shouldn't they revise the projected return instead still published 2.4% pa in their website? I'm not questing the return of the fund; I'm curious of the transparency. Projected means they take into account future events. They were hoping that the interest rate will go back up fast in order to recover and reach the projected 2.4% pa. Personally, i felt that they were too optimistic when they dragged their feet in revising the rate as BNM kept dropping the OPR rate. I guess that they came to their senses and finally decided to be more realistic. |
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Gabriel03
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Jun 11 2023, 01:25 PM
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Stashaway Simple claims can generate return up to 4.1% but yet I can see the dividend entitlement for the month of May is very poor. I just received the dividend entitlement today.
how about you all?
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Gabriel03
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Jun 12 2023, 08:12 AM
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QUOTE(zstan @ Jun 11 2023, 09:24 PM) High interest rates but S&P 500 entering bull market. Weird weird times. As long as you can print infinite money. They are doing everything to avoid a crash, which makes the bubble grow bigger & bigger. |
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Gabriel03
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Jul 31 2023, 01:29 PM
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StashAway Simple's projection has finally dropped to 3.8% pa
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Gabriel03
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Jul 31 2023, 02:17 PM
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QUOTE(xander2k8 @ Jul 31 2023, 02:06 PM) Not suprising 🤦♀️ the money flow into back equities from fixed income as MMF have a bad June and July month this year and expect it to go lower towards year end maybe BNM will finally has the guts to raise OPR. it can raise the return for MMF. |
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Gabriel03
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Jan 18 2024, 01:13 PM
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Stashaway Simple is reducing to 3.6% pa. There are other money market funds which offer better deposit and withdrawal processing time at the same or better rate.  This post has been edited by Gabriel03: Jan 18 2024, 02:02 PM |
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