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 Wahed Invest Malaysia, Good, Ok2, Bad?

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svchia78
post Jul 11 2021, 12:01 PM

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QUOTE(screwedpeep @ Jul 11 2021, 11:45 AM)
My initial intention of using wahed invest was to have a portion in US stock market. So of course now that i have the opportunity to have all-US portfolio, i just do the switch. Don’t need local or sukuk exposure in my portfolio as i already have that in my other investment vehicle.
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For some, switching may mean locking in all the losses on the MMID and Bond portions. MMID was fine until the past 1.5-1 months. Bond was negative since I started Wahed, anyways. HLAL was the one carrying the gains since the last optimization.



svchia78
post Jul 11 2021, 09:13 PM

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QUOTE(AnasM @ Jul 11 2021, 07:06 PM)
why the online transfer to wahed maybank account is showing pacific trustee name?
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That's the structure of etf/ unit trust investment in Malaysia.

The money you pay to Wahed for investment will not go to Wahed directly, but held by a trustee (i.e Pacific Trustee) to separate them from the assets of Wahed, in case Wahed fails as a company.


svchia78
post Dec 9 2021, 11:52 AM

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The disinterest in Wahed (HLAL) whether it is performing or not (and it is performing nicely at the moment)

And next door (SAMY) is getting all the attention with heated-exchanges over some Chinese-focused ETF that is performing badly and dragging everything down.

This post has been edited by svchia78: Dec 9 2021, 11:56 AM
svchia78
post Jun 16 2023, 03:32 PM

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Nothing to discuss here?

 

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