Did you calculate some the monthly charges as well?

Nope.
OK, under Portfolio summary, Wahed Fees RM is 10.69. I am not sure if is fees per month.

Let's just say, RM10 fees per month
I started from August to March, it's 8 months
8 months * 10 = RM 80

((203.26 + 80.0) / 4001.0) * 100.0 = 7.07%

Probably some other fee involve or fees is different every month . Anyway just curious, how the percentage is calculated.

The other 1% gain is through Forex gain in your case in HLAL ETF

You better check when you invest lumpsum or DCA the entire amount is actually invested because i think they the cash portion should be calculated as gain

Hence the actual invested out of 4001 should be 3961 invested

Actual gain after fees is 6.14 with 0.8 as fees and 1% cash on hand plus 0.2 a small forex gain

I think they used time-weighted rate of return. please google and use the formula for time-weighted rate of return. its not straight away calculations...

I was trying to calculate their fees as well but due to I was doing DCA, it was hard and confusing to do so. Anyway, my fees for last month was around RM4++ for management of around RM10k.

I think it will eat up profit in long term, especially since it relies on only HLAL unless HLAL keep going up.

Saw this on my wahed when I wanted to updated recurring transaction.

how much is the charge?

Not sure; I can't find info on these. And when I confirm for this month, it does not say anything as well.

They replied my email when I enquire about it.

Invest RM 10K & management fee RM 4++ , they charge so much ?

Their charges is 0.79% per year which is around RM79 per year. Dependent on only HLAL and the fee can easily eat into the gain.

just surprise you said RM 4++ management fee for RM10k investment.

Only HLAL can generate profit, invest 3 funds only 1 fund working, that why i withdraw all beginning of year.

RM 1 is really high

Because Wahed taken hit on FX hence FPX charges just to cover their cost on FX conversion

Good luck to them getting new investors as the year should lower expense ratio and charge FPX instead to cover their costs

Yea. Am planning to withdraw too. I guess I have given it ample time.

How much can this RM1 cover? Probably many of their users doing deposit every minute maybe. Really turn away customers.

i will be exiting wahed seeing since they are going to start charging fpx fees

Looks like Wahed and Akru has decided to hug each other and jump off a cliff.

If you don’t think it is a lot in fact it is a lot

For every deposit assuming rm100 each it itself 1% you can’t guesstimate

Just like BigPay to reload in 711 2% on top on charges which already close 3%

They already turning the customer and whatever their marketing gonna do it is waste of money and time

yeap. just done my full withdrawal. porting everything to Stashaway