currency gains nia2 lah...LOL.
fund performance stashaway better ...

Exactly, no point . Although i would consider to buy that myetf directly in KLSE if it has more activity and i-vcap is not preparing to let go of the fund management business. It is listed in KLSE but that does not mean it is investing here, that us titan 50 is inveating in US equity just that it is listed here.

If someone decide to make etf that track s&p 500 in KLSE, i will definitely snap it up unless it is not active as in the current myetf

This post has been edited by backspace66: Apr 13 2020, 10:39 AM

the advantage of robo advisors is that you can buy with minimum amount of funds, even with RM100.

The thing is you can buy it directly because it's listed locally so you don't need a middleman at all. Other Robos are at least buying overseas ETFs which are much harder for small time investors to purchase, which is likely the target market. The problem with such a low volume ETF in the first place is that once you want to dump it, there aren't any buyers. Which means you have trouble getting your money.

Yeah, Thats what i said. Again the us titan 50 is investing in us equity, it not a derivative. It is just listed here.

This post has been edited by backspace66: Apr 13 2020, 10:49 AM

Still, 1 lot of those myetf is cheap enough some of them even lower than MYR100 per lot, but transaction fee is going to eat up into that especially for small investor

This post has been edited by backspace66: Apr 13 2020, 11:07 AM

Most ETFs aren't derivatives. I just don't see the upside to using Wahed over something like SA. Personally I don't really trust Robos when they can go belly up any time since you'll be forced to realize any losses you have when it happens when they force sell your units. Just look at what happened to Smartly.

This post has been edited by red streak: Apr 13 2020, 04:57 PM

Looked into wahed's website and their ETF of choice, 0.5% p.a. expense ration on top of 0.8% platform fee holy shit.

For comparison, StashAway ETFs are like 0.4% for GLD, 0.07% for treasuries, normal S&P 500 ETFs like VOO charge 0.03%.

If you aren't a weird person wanna syariah compliant everything, there are no reasons to use Wahed.

I took out all my funds from wahed last week... lost confidence
will find better vehicles to invest in

Process completed?
Got your money already in the bank account?

I took out all of mine, Sunday last week.
Since their policy says "up to" 8 business days.. I will continue to wait

Usually how long does it take for withdrawals?

it is not standard, hearsay some get it within a week, some get it week(s) after, claimed due to low volume of the ETF in Bursa and it takes time to sell

"Hello! Your request (165227) has been received and is being reviewed by our support staff.
Please note that we are currently experiencing high ticket volume, we will try to get back to you within 1-3 days."

uf so the gap from the time the withdrawal request and the actual date the request gets done is quite long then!

request withdrawal on 6th april. till now the fund still in my account..hmmm

They couldn't liquidate your holding?

will wait until next Monday and see how it goes before email them

So many people taking out their money😅 I guess I'm the only one topup money. I don't have much choice though, SA is not an option for me as its not sharia compliance.
Oh well, long term!
*finally see some movement on one of the etf

Maybe you got basis for your preference.

https://www.theedgemarkets.com/article/isla...uncertain-times