I also just received a notification and email, but it's about distributing withholding tax reimbursement.
Haven't seen that before.

If you're just keeping just for Stashaway Simple, I'd recommend Versa.

Much faster deposit and withdrawal, 1-2 days. With Simple I've seen deposit take up 3-4 days, and withdrawal up to a 1 week.

My 36% portfolio is around +10%.
First deposit since Nov 2019, usually DCA. But i did make 2 withdrawals last year.

Wasn't there an update like half a year ago where they say you can no longer opt of reoptimization. Due to the way it works , having some people re-opt and some people don't was causing issues with their balancing.

Yes, main difference is the choice between mutual funds and ETF.

I have both stashaway and FSM managed. From simple observation, Stashaway tends to balance in terms of allocation of weightage, e.g if a fund become too overvalued so they sell off or buy more of fund that that is too low.

FSM MP has more mutual funds, and they have picked up and switched different funds.
For a while they used Kenanga Growth Fund for Malaysia sector, which had a good track record but it was beginning to underperform (I had bought it earlier myself and also dropped it with minimal profit).
Sometime later they switched to KAF tactical fund to replace it.

Really want to facepalm at those saying pseudoscience etc.

I don't even know what you mean exactly by genetics medicine.

Unless you want to say genetics medicine --> personalised medicine?
Or do you want to talk about genomics or molecular approach - which for example is how almost all biomedical research is done these days and as an example, how the Covid-vaccines are developed?

The issue is to spot good companies vs bad. Not every company is like Theranos.
That's like saying all tech companies suck because Nikola is scammer. Even Tesla is doing research in many areas, some products will succeed, some don't.

Personalised medicine doesn't mean it's only for individual A, it can also lead to specalised treatment based on cancer location,gender,stage etc.
That's why cancer studies are done in cohorts. Of course initial discoveries/treatments will be expensive, but prices usually fall as tech gets better and adoptions become widespread and improvements are made.

Well if you want to cash in on short-term sure, then of course all this won't fit you.

And there is no such thing as "cancer biologics", whatever that means.

There only "traditional" medicine design these days are herbal/natural supplements, all drug design these days use genomic-based approaches.
And that includes drug design for various diseases and vaccines, like for HIV, malaria etc.
Even if this drugs are limited due to price, there could still be consumer/investor interest that drive up the stock price

It's fine if you think this won't be a profitable investment, after all everyone's risks and appetites are different.
But calling them "pseudoscience" and throwing terms without knowing what they undermines your credibility.

Interesting term biologics: I guess it's a recent term I missed but then I do more on molecular studies and less on drug design/discovery.

But I do admire your superiority complex, just because you read some stuff and think it's fake you suddenly think everything is fake.
A little knowledge is a dangerous thing.
Just because of Theranos or scam companies, suddenly the entire bioscience and medical research on gene therapy etc is pseudoscience.

Like I said, it's up to you if you want to invest. But making a sweeping statement that all this is pseudoscience already tells me what kind of person you are.

Btw: that website has nothing useful except generic description/warning typical for most drugs.
And also did a quick google: there is no one or anyone using the term "cancer biologics". the only hit for "biologics" is that website you linked to.
No wonder as I'm more used to terms like biopharmacology/biopharmaceuticals.

This post has been edited by jonoave: Jan 6 2022, 12:31 AM

yes, that's the part of the risk of new tech - just like if you invest in disruptive tech funds. With a lot of startup and tech companies, a lot will also not make it.
It's perfectly ok if some people feel that it's too risky and don't want to invest.

Just because something doesn't work doesn't mean it's pseudoscience like homoepathy or using ivermectin to treat covid.
It could be that this appraoch didn't work or another drug type would be better. That's part of science and start-ups.

Simply generalising as pseudoscience without proper knowledge or minimal information, shows the level of maturity and thinking level of that person.

Oh really, that's awesome, was thinking of doing the converting pretty soon. So happy to see this feature.

I wanted to convert my current general portfolio 36% to ESG 36%.
But I've already created a ESG36% portfolio few weeks ago to test out with a small amount.

However it seems like there's no way to convert the general portfolio 36% into the pre-existing ESG36%.

I wrote to customer support and they said there is no way to merge the 2 identical portfolio, and that I have to transfer the money from one portfolio to another.
Which is pretty silly, since it means I would have to sell the holdings in the ESG 36%, and rebuy the exact holdings again?

I know, that's why I want to avoid selling and then rebuy the same units again.


I just like to keep things tidy and simple. I don't want to maintain 2 identical portfolios for nothing.

Like I contribute monthly, split between few portfolios. I don't want to split contribution between them, or just put money in one and ignore the other.

Strange. Even I wasn't aware of that. And I was the TS for the Akru thread, lol. I can't find it too.

Guess it's been inactive?

Of course they do. Just curious as to what was the reason though - don't think there any trolling or breaking any rules. Just .. inactivity?


Not sure which bugs you're referring too. But they did clean it up a bit and you can delete goals/portfolios now.

Seems to be quite ok, though I just encountered a new bug. For some reason they haven't published the monthly statement for May 2022.
Just wrote to support asking why.

Versa has also launched an investment platform, Versa Invest. Their MMF is called Versa Cash.
https://versa.com.my/versa-invest/

Just like KDI. So both KDI and Versa have 2 platforms: MMF and investment.

Yep, their withdrawal took 4-5 days for me.