0.425 is gross dividend.
0.2975 is nett dividend.

I had verified with number of units of XLV and expected amount to be received under Transactions tab.

This post has been edited by GrumpyNooby: Jun 23 2020, 05:56 PM

Yes, the expected amount to be received is nett dividend amount after WHT.



1.2807 unit x 0.425 x 0.7 = 0.381 USD

This post has been edited by GrumpyNooby: Jun 23 2020, 06:01 PM

Answer:

SAMY Simple is launched on 15/6/2020
From 15/6/2020 to 23/6/2020, Eastspring Investments Islamic Income Fund NAV-to-NAV return is 0.07%

This post has been edited by GrumpyNooby: Jun 25 2020, 08:10 AM

SAMY for Android got app update.

SASG got multiple goals for Simple?

I see. So the SA team has future plan that can assist investors to generate wealth with miracle returns with Simple™?

So Simple™ aim to have multiple goals with no obligation to generate returns at all?
So investing into Simple™ with loss or negative return is acceptable?

I'm trying to find the rationale for offering such options.

Has it been tracked in Shopback?
First time use Shopback?

Where got so fast to get your cash back from Shopback ...
You will only get the cash back once the Status in Shopback turned to Confirmed.

This post has been edited by GrumpyNooby: Jun 25 2020, 12:26 PM

Can elaborate by quoting examples?

Only once.

Yes.

The management fee is billed to you on monthly basis.
If you have referral or other free management fee promotion, you'll be billed for it at the following month.

This post has been edited by GrumpyNooby: Jun 26 2020, 08:50 PM

So what is the advantage of this Simple™ compared to conditional high yield saving account like OCBC 360?
If I got RM 100k to play with?

Did you accept the re-optimization exercise?

If no, if the particular ETF has exceeded the weightage of the target allocation of your said risk appetite, it'll sell to reduce back to the target allocation.

This post has been edited by GrumpyNooby: Jun 28 2020, 01:07 PM

The government is asking to spend

Let’s spend and help Malaysia

https://www.thestar.com.my/news/nation/2020...laysia#cxrecs_s

Monthly distribution pattern?

Once distribution declared, you'll be getting additional "units" on for units held by ex-distribution date.

This post has been edited by GrumpyNooby: Jun 29 2020, 08:25 PM

Distribution in unit trust works as taking money from left pocket and then putting back into right pocket; i.e value before and right after distribution should remain the same.

Let say, on 5/6/2020, you invested RM 1000 and has 1923.0769 units

On 5/6/2020, a distribution of RM 0.0014 per unit is declared. You get RM 2.6923 (RM 0.0014 per unit x 1923.0769 units)

Distribution will be usually re-invested at adjusted NAV which is 0.5186, the additional units you get is 5.1915 units (RM 2.6923 / 0.5186).

Total units in holdings = 1928.2684 (1923.0769 + 5.1915)
Value of the units at newly adjusted NAV = 1928.2684 x 0.5186 = RM 1000

Valuation on 9/6/2020 = 1928.2684 x 0.5189 = RM 1000.5784

This post has been edited by GrumpyNooby: Jun 29 2020, 08:57 PM

Correct.

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