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 Wahed Invest Malaysia, Good, Ok2, Bad?

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balf
post Mar 3 2020, 08:41 AM

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QUOTE(GrumpyNooby @ Mar 3 2020, 08:39 AM)
The Chart isn't working properly.
The 1M time axis is up to before 1/3 and cannot even zoom in deeper into 1W and lower.
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u can go to tradingview.com ==> chart ==> search METFUS50 ==>change to any time frame u like
balf
post Mar 3 2020, 10:07 AM

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QUOTE(zahra95642 @ Mar 3 2020, 09:53 AM)
Yesterday METFUS50 price drop around 6.7% my portfolio down from 6% to 2.5% haha. Earn -RM200.  biggrin.gif
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yalo, i think SA also same tongue.gif
balf
post Mar 3 2020, 03:14 PM

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METUS50 is now spike +8.87% to 1.35 now
balf
post Mar 3 2020, 03:46 PM

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QUOTE(Bumi Invest20 @ Mar 3 2020, 03:41 PM)
I'm on moderately aggressive. currently negative 3.92%  bye.gif
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no worry la, try to target for long term. i actually wish it will drop further as I want to deposit more now.
Interested to see how the virus can drag the market further tongue.gif
balf
post Mar 3 2020, 04:11 PM

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QUOTE(GrumpyNooby @ Mar 3 2020, 04:08 PM)
So wrong timing if top up today?

METUS50 spikes to 1.35 at 3:14 PM
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thats also my doubt...if deposit this morning, when my fund will be invested in the market? Invest same day as they received my fund, and reflect in the account at midnight?
really dont know...
balf
post Mar 3 2020, 04:13 PM

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QUOTE(GrumpyNooby @ Mar 3 2020, 04:12 PM)
That's why I'm still trying to figure out the dots.
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looks into your statement....the answer could be there
balf
post Mar 3 2020, 04:24 PM

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i just check my feb statement, yes the answer is there.
I believe depending your time of transaction, they could invest your fund at the same day.

I had a deposit on 17th feb, and I noticed my holding quantity increased at the same day. Also, I calculated the price they invested on 17feb is MYR5.58, which is lower than the market closing price of the day.

This post has been edited by balf: Mar 3 2020, 04:25 PM
balf
post Mar 3 2020, 04:34 PM

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QUOTE(GrumpyNooby @ Mar 3 2020, 04:31 PM)
With SAMY, I can roughly time the deposit as it has strong connection to what is happening in US market.

If you deposit in the early morning, your deposit could be converted to USD by end of the day and be invested by the night itself.
But sometime, this could drag to 2 working days.
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lolz so i gonna remember my deposit time today, then check the detail in March statement. If my deposit invested at same day today then i will know this is good timing for deposit.
BTW, i deposit at 7am this morning lolz
balf
post Mar 4 2020, 06:29 AM

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QUOTE(GrumpyNooby @ Mar 4 2020, 06:20 AM)
24/2: 1111.07
25/2: 1107.10
27/2: 1097.25
1/3: 1092.95
2/3: 1044.74
3.3: 1116.35

There's a huge spike in % Gains from 4.47% to 10.12 %.
OMG! I'm getting super confused. rclxub.gif
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go check ur feb statement la, everything is there, ur average stock price, everyday closing price...from there u know why u getting this value
balf
post Mar 4 2020, 06:44 AM

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QUOTE(hft @ Mar 4 2020, 06:33 AM)
Good profit here?
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so far so good, recently is experiencing greater fluctuation than before.
balf
post Mar 4 2020, 06:48 AM

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as per my calculation, i managed to lower my average stock holding price from 5.46 to 5.27 with my deposit on yesterday morning.

so yes, they did invest my fund at the same day. with the statement i basically can calculate everything now, everything is so transparent and clear now
balf
post Mar 4 2020, 07:07 AM

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QUOTE(GrumpyNooby @ Mar 4 2020, 07:02 AM)
My February 2020 statement won't have anything since I didn't DCA at all.
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so check bc ur jan statement, or dec, to know the amount of stock u r currently holding, and the average price. then weith everyday closing pricing from market u can calculate the value of ur stock

This post has been edited by balf: Mar 4 2020, 07:08 AM
balf
post Mar 4 2020, 07:11 AM

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QUOTE(GrumpyNooby @ Mar 4 2020, 07:08 AM)
That was like nearly 6 months ago. sweat.gif
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actually, even u not dca on feb, feb statement is still showing how much stock u r holding....u didnt read carefully
balf
post Mar 4 2020, 07:23 AM

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QUOTE(GrumpyNooby @ Mar 4 2020, 07:11 AM)
So tomorrow price will drop since US market drop close 3% overnight? hmm.gif
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not sure, u need to wait metfus50 open market in bursa today, and we see whats the closing price for today at 5pm
balf
post Mar 4 2020, 07:35 AM

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QUOTE(GrumpyNooby @ Mar 4 2020, 07:31 AM)
Sorry where to get the monthly statement?
They sent to email?
Can I get it from the app?
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it is in app statement but downloadable, just go to menu...account detail...regular and u will see ur statement

just make sure u hv ur app updated
balf
post Mar 4 2020, 10:03 AM

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QUOTE(Adam77 @ Mar 4 2020, 09:59 AM)
Guys,
Can anyone tell me how they actually compute the cash amount in the portfolio allocation as in the statement it doesn't show unrealised gain/loss like all the other categories?
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thats the funny part, i wonder why they allocate 2.5% in cash...and seems like they are holding MYR instead of USD or other currency, thats why there is no gain/loss.
U holding in MYR, so 1 MYR is always 1 MYR, no gain no loss. The cash portion seems like for saving only dry.gif
balf
post Mar 4 2020, 10:09 AM

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QUOTE(GrumpyNooby @ Mar 4 2020, 10:06 AM)
SAMY also retains 1% cash in USD.
No surprise.
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usd is okay....but sorry MYR???
balf
post Mar 4 2020, 10:11 AM

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QUOTE(GrumpyNooby @ Mar 4 2020, 10:10 AM)
Same concept as UT for local equity market.
They retain up to 10% sometimes 20% of cash in MYR.
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luckily aggressive portfolio is just 2.5%, how about your very aggressive portfolio?
balf
post Mar 4 2020, 02:25 PM

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QUOTE(Adam77 @ Mar 4 2020, 02:24 PM)
Another one, if we looked at detailed breakdown of our portfolio performance, does “cash bonuses” included in the “total earnings” and minus “wahed fees” to make up the total of “I have earned”?
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definitely no, cash bonus is not counted as what you've earned
balf
post Mar 4 2020, 04:06 PM

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QUOTE(zstan @ Mar 4 2020, 04:04 PM)
increased again to USD 1.39 biggrin.gif tomorrow should have another spike
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lol from 1.37 to 1.39, but the NAV is just 1.21

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