Pls email and ask Wahed for us.

can share the wahed enquiry content here?
whats the etf they invest?

"We note on your concern regarding the lack of price movement on the MyETF US50 ETF. The reason for the lack of price movement is the lack of trading activity on the mentioned ETF given the current market conditions.

We are currently in the process of replacing the MyETF US50 ETF with a new US ETF which tracks its index more accurately and will be able to show you a better reflection of market movements.

This change will be done within the next few weeks."

Ha! Ha! No name given.

Gahhhhh should have been more patient and not changed my portfolio.

Hey,

I have some questions.

My initial placement is RM100 and until now I did not make any deposit. The main page is showing this:

Today I have = RM122.71
I have earned = RM -17.12
Percentage gains = -11.8%

So, I am gain RM22.71 (RM122.71 - RM100) or loss 11.8% actually ?

In the positions page, my sukuk fund is RHB Islamic Bond Fund. When I clicked on the round icon with exclamation mark, it stated that this fund perfomance is -3.04% (6 month), 3.17% (1 year) and 72.84% (2020)

When I check online regarding this fund, I cannot match it anything with -3.04% and 3.17%. Why should info of 2010? Is it old data and just a display?

What does the 6 months and 1 year means? The best performance for 6 month and 1 year since this fund inception?

Actually what makes Wahed and StashAway different? Both of them invest in US fund, ETF, fees about the same. Just Wahed invest in Malaysia and US while SA quite spread to other countries.

Wahed is having gold investment now. What is your opinion, what is the prospect of gold in the future?

If not mistake, the gold investment is the same in my position, TradePlus Shariah Gold Tracker.

What I think is that the new one is purely gold tracker investment while the one in my or other user position is just a small portion only.

If you registered Wahed account with a referral code, you should get a RM40 cash bonuses. You can check this by clicking on the blue text "earned" on the Overview page.

So when you calculate the total (RM100 + RM40 - Wahed Fees), you lose 11.8%

Its supposed to be the performance from 6 months / 1 year before until today. But I think its using outdated info.

If you want to check the performance in detail, better go check at Bursa / Bloomberg instead of on the app.

MyETF-US50 : https://www.bursamalaysia.com/trade/trading...ock_code=0827EA
MyETF-MMID : https://www.bursamalaysia.com/trade/trading...ock_code=0824EA
TradePlus Shariah Gold Tracker : https://www.bursamalaysia.com/trade/trading...ock_code=0828EA
RHB Islamic Bond : https://www.bloomberg.com/quote/RHBIBND:MK

Wahed US ETF (MyETF US50) is a Malaysia-based ETF which holds US stocks and is listed and traded on Bursa, while SA US ETF is oversea based ETF (IVV).

The MyETF US50 only holds around 50 company stock from the SP500 that are syariah-compliant while IVV holds all of the SP500 company stock.

Gold is at an all-time high now, so I don't think its a good idea to go in now.

Thanks for your explanation.

I hope you can guide me how they calculate the percentage gains of -11.8%

I press on the earned blue words, it display

Total balance RM 122.71
Total earnings RM-17.12
Wahed fee RM0.17
Cash bonuses RM40
I have earned RM-17.29

What I know is that the RM-17.89 is from RM140 - RM122.71
I have calculated the loss is RM12.35 [(122.71-140)/140]


I know that invest in long term will perform better especially if we CDA it. But, will it be the same positive result, when we want to cash out this investment at the time we are having serious disease when we are old? Coincidentally, the market is not well perform, does our investment will not give us a positive result? Because the amount of money we have invested, we need to make sure it will generate some result to us.

The percentage return is using time-weighted return. It's a bit hard to calculate it exactly since we need the daily gains/loss info to calculate it, which you can only get on the monthly statement (you can access by clicking the top left triple line button > Account Details > Under "My investment account" click Regular > Monthly statements). Each month statement is released after the end of the month.

https://www.oldschoolvalue.com/tutorial/tim...io-performance/



I personally don't think Wahed is a good vehicle for long-term investment as it doesn't have a solid reputation like EPF/ASB. I would maybe keep my money at Wahed for 1-2 years, then cash out and transfer the money somewhere safer. If I'm happy with the returns I get from Wahed, then I will restart from 0 and put my money little by little all over again.

And you definitely shouldn't expect to always get positive return with Wahed as all of its investment portfolio (stock, bond, gold) all have history of going down in prices, unlike EPF/ASB returns which have never went negative.

That's why it's important that you only invest in the market with money that you are prepared to lose. If you want to have an investment with better returns than EPF/ASB, then you have to take risk.

If you lose your money, learn what mistake you made and try again with the hopes that you can earn back your losses in the future. If you gain money, then set a reasonable expectation on how much gain you are happy with and cash out when you reach that gain. Don't get too greedy by dreaming for a better return in the future as you can never know when the market will turn. Even if the market does end up higher, be happy that you reach your goal for that investment.

This post has been edited by Assassin's: Apr 16 2020, 01:50 AM

Thanks for the explanation and advise. Appreciate that.

Hmmm after switching from aggressive to moderate portfolio my lossess improved by RM300 not sure how the maths add up here.

Wahed has a competitor:

BEST Invest will see itself competing with Wahed Invest, which is also a shariah-compliant robo-advisor. Headquartered in America, Wahed Invest requires a minimum investment of RM100. Unlike BEST Invest, Wahed Invest does not allow you the option to create your own portfolio if you wish to.

https://ringgitplus.com/en/blog/personal-fi...9jxCiYq51DBesvM

interesting. they run their own funds

With the switch, more of your money goes to the Msian stocks etf which is rising.

Check the BIMB funds performances before we ivest here.

let download and play play with it

Sorry to ask if this kind of volume for the said ETF in Wahed is considered normal?

Why i gain 3.84 in three days. Wahhhh


This is for test water before going big on us etf.

This post has been edited by hellkvr: Apr 16 2020, 11:00 PM

It starts to have some movement since yesterday.
It has been relatively flat since 27/3/2020.

May I know which ETF and mind explain more? Just knowing it is dropping.

Would it be this is before the optimizing?Before that might in positive position when they decide to use this ETF.