thanks for the link.


wonder if wahed can be more informative in term of reporting the gains, any reported dividend for each fund, more option of having more goals like SA

When equities do well sukuk will drop. Sukuk is just to hedge. You'd rather want to stocks to go up

Market Review: 7 - 11 December 2020

HLAL	MMID	RHB IBF	GOLD
-0.70%	-5.00%	-0.90%	-0.80%

Table 1: Week-on-week returns (7 - 11 Dec 2020)

Funds used by Wahed Invest declined last week. The US market closed lower as talks between Republicans and Democrats over another round of fiscal stimulus dragged on. A postponed stimulus package poses a risk for stocks, as further economic restrictions from rising COVID-19 cases constrict growth.

Meanwhile, the KLCI closed at 1685, highest since July 2019. The rally was led by bank stocks due to expectations on a recovering economy and the anticipation that the overnight policy rate (OPR) could remain unchanged next year which will help improve banks’ net interest margin.

Market Outlook: 14 - 18 December 2020

Recent COVID-19 trends continue to worsen in the US and restrictions in activity are reimposed. Meanwhile, the S&P 500 has hit 30 new all-time highs in 2020. Investor sentiment continues to swing from fear of losses to fear of missing out, but the long term prospect strengthens due to (1) the expected rollout of vaccines, (2) higher corporate profits projected in 2021 (source: FactSet), (3) the Federal Reserve remaining accommodative, and (4) the extension of the fiscal aid by the government.

Locally, the KLCI could test 1700 level after a strong inflow in recent sessions. The strengthening of MYR could lure foreign investors to increase their exposure in Malaysia stocks too. The continued window dressing activities should support the market until the year-end.

Pressing Points: Growth And Stimulus To Sustain Bull Market

Year-to-date, all funds are still up in terms of total return, with HLAL +19.9%, MMID +26.5%, RHB IBF +3.7% and GOLD +17.0%.

HLAL	MMID	RHB IBF	GOLD
19.90%	26.50%	3.70%	17.00%

Table 2: Year-to-date returns (1 Jan 2020 - 11 Dec 2020)

Next year will bring a new backdrop against which markets will progress. The economy should grow gradually amid transition from reopening to a new normal. Policy stimulus remains a tailwind as fiscal aid adds another bullet to support a sustained economic recovery. In addition, interest rates will stay low for longer allowing equity markets to gain further as investors seek returns from riskier securities.

Even as the outlook for the economy is positive over the next year, the road may be bumpy because the investment landscape is never clear of risks. Long-term investors are able to navigate potential near-term swings by following a disciplined investment process and maintain appropriate portfolio allocation and diversification across asset classes and geographies.

Hi guys, does Wahed show the effects of USD-MYR in the app like MyTHEO or everything is based on MYR only?

No, they don't show such info.
Everything is displayed in MYR.

apart from HLAL the rest are in MYR

Wondering how do you see how much are being charged in fees? Just had my first months' statement but can't seem to find fee information.

Tap on "earned" hyperlink in blue.
Under Wahed Fees.

Thanks man, wouldn't have been able to figure out on my own.

I assume they prorate your investment over the month as a base to charge fees. I tend to add to my investment towards the end of the month.

Yes.

In the monthly statement, it is billed under Advisor Fees at the first page (summary page).

The "earned" link is a cumulative charged fee.

Referral Bonus is bumped up to RM 20 for you till year end!

Although this year has been a challenging one, it doesn’t have to be for you. We are humbled by the support and trust you’ve given us and we felt that we were together with you in weathering the ups and down of the market (and life!).

A little token of gratitude for our active investors

On this festive season and before the year ends, we would like to offer an additional RM 10 referral bonus exclusively for you for a limited time* when you refer your friends and families to sign up with Wahed.

Sorry if this is a stupid question; Is it best for us to add into our fund when the graph is at a high or when it is at a low?

The graph do not offer a true perspective of the market.

Based on your investment risk profile, be proactive by checking market trend of individual investment segment Waheed invest on. Then you can decide.


or just DCA every week to even out the risk.

just my 2 cent

It is always good to buy at low....
But must also see...
if the low is really low compared to funds of similar mandate...or all funds of similar mandates are also low...
If the low was due to distribution or unit split...
If the low was due to "bad" stock picks..
If when during the low... Do you still have the guts to buy or do you still want to wait...
Or while you wait for the low to come... Where do you want to put Yr existing $$$?

How much growth you guys get in 2020 ? Or too small and wasting time

More than 15% to date according to the app.

nice

Market Review: 14 - 18 December 2020

HLAL	MMID	RHB IBF	GOLD
1.70%	-0.70%	0.20%	2.10%

Table 1: Week-on-week returns (14 - 18 Dec 2020)

Funds used by Wahed Invest rose last week except MMID. The US markets hit fresh all-time highs again driven by fiscal stimulus optimism and a brighter longer-term outlook following the rollout of vaccines. Oil prices logged its seventh consecutive weekly gain.

KLCI closed the week at 1652, failing to test the 1700 level. The decline was led by financial heavyweights largely due to a consolidation after the recent rally.

Market Outlook: 21 - 25 December 2020

The US congress appears to be closing on an agreement for a relief bill worth USD900 billion. The proposed fiscal deal is expected to support the economy as we move closer to the other side of the pandemic. Incoming economic readings are signalling a slowdown in activity, suggesting that there are still bumps in the market as investors digest future unfavourable data points.

Meanwhile, KLCI is still expected to consolidate further as investors look to take profit and due to a shorter trading week. In addition, the higher oil and palm oil prices should support commodity counters

Pressing Points: 2020 Recovery To Sustain Momentum in 2021

Year-to-date, all funds are still up in terms of total return, with HLAL +22.0%, MMID +23.0%, RHB IBF +3.9% and GOLD +19.4%.

HLAL	MMID	RHB IBF	GOLD
22.00%	23.00%	3.90%	19.40%

Table 2: Year-to-date returns (1 Jan 2020 - 18 Dec 2020)

With the rolling out of vaccines to the general public and the imminent coronavirus relief bill to be agreed by the US congress, fundamentals are improving and supportive of a longer-term outlook. After a dramatic swing this year from a bear market decline to a sharp stock market rally, the present situation is looking more balanced.

The global economy will experience a soft patch in early 2021 before finding its footing as the vaccine becomes more widely distributed. This is expected to usher a more vibrant rebound in the second half of next year. While long-term outlook is positive, investors should anticipate volatility along the way given the near-term headwinds in the economy. As such, staying the course and investing throughout the long-term period should allow investors to navigate the ups and downs of the market without being exposed to the risk of timing the market.

which portfolio?

Very Aggressive