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 Wahed Invest Malaysia, Good, Ok2, Bad?

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SUSxander83
post May 8 2021, 07:05 AM

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QUOTE(rocketm @ May 7 2021, 12:18 PM)
I never know that invest in Wahed will small portion of our dividend to donation without our consent.
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It is under Zakat but Wahed won’t disclose the donation from their depositors
SUSxander83
post Jun 30 2021, 04:20 AM

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QUOTE(ryse_photo @ Jun 29 2021, 04:17 PM)
Oh my....HLAL etf is at All Time High, but both Malaysia stocks and RHB Islamic Bond Fund is dropping.
Eventhough I have lot of profit in US stocks, it's being offset by the loss from these 2.
So my total earning kinda stagnant. sweat.gif

How I wish Wahed offers a 100% US exposure portfolio. Definitely would go for that.

user posted image
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If that’s the the case I would have buy some to benchmark against my other SnP500 portfolio

If HLAL will hit 40 when SnP500 hits 4650 by year end
SUSxander83
post Jul 11 2021, 02:47 AM

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QUOTE(footie_ft @ Jul 10 2021, 10:42 PM)
Not relying on Malaysia ETF and Sukuk but at the end of the day, fully rely on HLAL. Would be volatile and should be long term investment.

So at the end of the day, will depend if HLAL can outgrow Wahed charges. I pulled out everything last month due to i find charges eat much into my earning. Not sure if this would be worth a relook.
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If paying 1% pa in fees while getting average returns of 12% yearly then it’s considered a good investment

If without Sukuk and KLSE index’s then it’s a better buy but you need to know whenever to enter and exit unless it is long term holdings because HLAL weightage is similar to SnP indexes
SUSxander83
post Jul 11 2021, 09:45 PM

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QUOTE(blibala @ Jul 11 2021, 12:42 PM)
ATH now.....
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Yeah we all waiting for correction now on SnP500 index ETFs rclxms.gif
SUSxander83
post Jul 12 2021, 02:46 AM

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QUOTE(blibala @ Jul 12 2021, 12:29 AM)
When it wil happen?
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Anytime from now till Sept 21 rclxms.gif
SUSxander83
post Jul 12 2021, 02:50 AM

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QUOTE(honsiong @ Jul 12 2021, 01:13 AM)
Look, I dont use wahed much, but 6 months is too short to judge any actively managed funds.

Stashaway didnt perform well since March 2021 either.

Actually, after using stashaway for 17 months, I lost 23% in December 2018.

You need to chill and DCA, whatever robo you use.
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Wahed stagnant during Q1 while rebounded during Q2 while role reversal happened to SA

The problems is when buy ETFs they don’t understand how indexing hence they assume everything goes up doh.gif

You need to give at least 3 quarters to see the performance with benchmark index performance as well
SUSxander83
post Jul 13 2021, 05:14 AM

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QUOTE(seanlam @ Jul 12 2021, 09:35 AM)
actually, how to computre the expense.. eg the fund A imposed 1% per annum, and the retuen for that year is 10%, so the real growth is 9% or 9.99? (1% from fund's  grow rate)
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Depends on the mandate by investment manager

10% gains -1% yearly based on simple charges 9% gain

If it’s 1% from total nav then it’s will distributed to your unit holdings which is another separate calculation it’s might be slightly more or less 1% because of currency rounding

With ETFs same goes especially buying fractional units
SUSxander83
post Jul 23 2021, 07:47 AM

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QUOTE(xcxa23 @ Jul 22 2021, 11:08 AM)
KUALA LUMPUR: Wahed Technologies Sdn Bhd (Wahed Invest Malaysia) collaborates with Value Partners Asset Management Malaysia Sdn Bhd (Value Partners Malaysia) in making available the recently launched world’s first Islamic ETF investing in China A-shares, VP-DJ Shariah China A-Shares 100 ETF (the China A-Shares ETF) on their platform.

The recently launched China A-Shares ETF is the world’s first Islamic ETF investing in China A-Shares tracks the performance of the Dow Jones Islamic Market China A-Shares 100 Index (Benchmark Index).
The ETF adopts a full replication strategy by investing in Shariah-compliant A-shares, which are in line with Wahed Invest Malaysia’s value proposition in providing retail investors access to local and global Shariah-compliant investments.

https://www.thestar.com.my/news/nation/2021...rtners-malaysia

Interesting.
Probably will opt in a portfolio just for china A share.
Abit worry by limiting to shariah, it will negatively affect the performance

On their FB page, should be available by Aug2021
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The underlying A shares are not convincing because regulatory risks

Better off buying through HKSE instead
SUSxander83
post Jul 23 2021, 07:49 PM

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QUOTE(xcxa23 @ Jul 23 2021, 08:33 AM)
Abit true, china stop or rather vanguard was force to stop their venture into china.

I assume vanguard probably proposing hedging and leveraging which china does not like it. You gotta listen to the landlord on what can or can't do in their house

Wahed seems like proposing only etf minus hedging and leveraging.
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That’s why’s Blackrock China ETF would be a better choice

QUOTE(rocketm @ Jul 23 2021, 12:53 PM)
May I know what is the regulatory risk we need to take note for the new China ETF to be include in Wahed?

We can buy this CHina ETF on Bursa too. I am considering buy it in Bursa instead of Wahed. Not sure anything we need to take note.
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Take note of the 80 companies listed in Shanghai and the regulatory framework as CCP know to spring surprise from time to time

You better off buying China ETF by TRadeplus or Principal China 50 ETF than this because the listed companies has been track record and profile compared to this because of the underlying 80 companies are mostly small cap and not proven track so far

You look at China Tech just a handful companies can bring down a few ETFs co related to it
SUSxander83
post Aug 6 2021, 03:10 PM

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QUOTE(xcxa23 @ Aug 6 2021, 03:02 PM)
as of now, wahed perform much better than SA since wahed primarily invest higher % in US market and US market have been on the bull side

wahed latest portfolio consist of 97% in US.
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Too bad introduce late otherwise this year already almost hit 20% only

Currently HLAL 39+ will hit 40 easily once SnP breaches 4680 which not far away rclxms.gif
SUSxander83
post Aug 18 2021, 03:05 PM

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QUOTE(yklooi @ Aug 18 2021, 02:16 PM)
just enjoy while it last,...
just be prepared for the imminent arrival devil.gif  innocent.gif
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Taper is coming let’s see whether HLAL can break 40 by then rclxms.gif
SUSxander83
post Sep 22 2021, 07:44 PM

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QUOTE(rocketm @ Sep 22 2021, 07:11 PM)
The portfolio amount is increased. But only increase RM278.31, where is the RM21.69 (is it exchange rate)?

Yesterday, HLAL is uptrend so why my earning will reduce?
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Fx rate fluctuation with monthly fees
SUSxander83
post Oct 17 2021, 04:39 AM

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QUOTE(hazwank @ Oct 16 2021, 07:13 AM)
Wahed is launching 4 new thematic portfolios soon. Just received their email yesterday. Includes China-A, Emerging Markets, Local REIT and Money Market. Still no details on what are the underlying funds. Also a new Foreign Currency Exchange Fee (1.00%).
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Only Emerging Markets portfolio will get hit 1% because underlying USD and I suspect would be EEM

China-A most likely the same as the current ETF listed on Bursa as the diversified portfolios

Only local REIT and Money Markets which based in RM would be good if the fees are lower than 0.8% and have to see the underlying of it
SUSxander83
post Oct 22 2021, 05:13 PM

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QUOTE(rocketm @ Oct 22 2021, 01:49 PM)
How about HLAL (US portfolio only)? Why any deposit and withdrawal from this portfolio will incur 1% charge?

They are introduce more and more charge making me think that whether is it good to invest with Wahed for long term.
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Same 1% incurred because is it in USD as Wahed is not able to absorb the FX charge just like FPX charges before

If you rather buy HLAL you will better off buying VOO or IVV long term for cheaper expense ratio doh.gif

QUOTE(rocketm @ Oct 22 2021, 03:35 PM)
I have limited budget and want to limit the cost on foreign exchange so I choose Wahed but recently they have many charges coming out.

SA only have 1 charge (0.2%-0.8%) annual fee and 0.1% on foreign exchange regardless on how many different type of portfolio the investors have right?
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SA fixed charges all the way with lower charges as your portfolio gets bigger

QUOTE(JJ93 @ Oct 22 2021, 04:15 PM)
Their new charges really will add up. 1% in 1% out plus 0.79% annual management fees. 🤯

Yes. SA fees are as what you mentioned. There's no extra fees for their newly launched thematic portfolios too.
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Don’t forget FPX of RM1 for those who like to DCA
SUSxander83
post Oct 22 2021, 05:44 PM

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QUOTE(rocketm @ Oct 22 2021, 05:36 PM)
I have stop DCA using FPX, now using the manual deposit.

So far, my HLAL is positive, I am happy with it but keep adding additional fee may increase the cost in long term. If jump to SA, not sure will achieve positive result in 6mths - 1 year period as I need to start from scratch.

SA also have General investing portfolio and thematic portfolio. All looks attractive making me not sure which to select.
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If you like HLAL purely you should instead channel buying VOO, SPY or IVV instead as you would have easily save 1% yearly while have better liquidity on when to enter and exit

HLAL too much on Apple and Tesla weightage coupled with fees biting them advertising it shows they are not able to manage and handle the clients money properly doh.gif
SUSxander83
post Oct 22 2021, 11:41 PM

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QUOTE(rocketm @ Oct 22 2021, 06:05 PM)
I agree with you, they do not want to take the fee but this is how they manage their business.

SA also have fees but charge lower than Wahed. If I buy ETF myself, still need to incur foreign exchange fee. will the fee take about 0.9% of my AUM? What is your opinion?
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FX fees is nothing to worry about because you’re buying spot rate and the only thing you need to worrying about is expense ratio and brokerage which can be low as 0.35% through 0.8% hence it will be easily cheaper by 1% at least

Go check out DIY page where most of them buy VOO which cost them 0.4% inclusive expense ratio
SUSxander83
post Nov 4 2021, 08:06 PM

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QUOTE(gogocan @ Nov 4 2021, 08:51 AM)
What happen to our HLAL investment in wahed if RM drop against USD? any effect on our return?
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Only good if you’re selling to locked in the gains rclxms.gif
SUSxander83
post Jan 3 2022, 03:32 PM

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QUOTE(ahkia @ Jan 3 2022, 11:18 AM)
Hi newbie here.  Just opened the Wahed account 1 week ago. Is now the right time to dump in more deposit?
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Just treat it as a long term savings only because you are not trading anyway
SUSxander83
post Jan 6 2022, 10:17 PM

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QUOTE(hazwank @ Jan 6 2022, 09:09 PM)
The 4 new thematic portfolios are now live. Happy Investing

user posted image
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I am skipping it as it is cheaper to buy those underlying ETFs and stocks through brokerages doh.gif
SUSxander83
post Jan 11 2022, 04:22 AM

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QUOTE(ipohps3 @ Jan 10 2022, 07:21 PM)
Wahed just launched a new UMMA index on NASDAQ covering non-US big stocks. Hopefully, it will be available to all internationally soon. 🥳

https://www.finance.yahoo.com/amphtml/news/...-165717788.html
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Be prepared to pay 0.65% for expense ratio and on top Wahed monthly charges doh.gif

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