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 Wahed Invest Malaysia, Good, Ok2, Bad?

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tadashi987
post Apr 25 2020, 03:49 PM

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Wahed outperform lately few reasons below i guess:

1) heavy weight on myETF-US50, which majority bluechip in US is rising back to the previous high

2) US equities hedging against MYR, which MYR depreciates significant lately.

Wahed outperform StashAway lately is because StashAway is dragged down by XLE (Energy Sector).
GrumpyNooby
post Apr 25 2020, 04:04 PM

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QUOTE(tadashi987 @ Apr 25 2020, 03:49 PM)
Wahed outperform lately few reasons below i guess:

1) heavy weight on myETF-US50, which majority bluechip in US is rising back to the previous high

2) US equities hedging against MYR, which MYR depreciates significant lately.

Wahed outperform StashAway lately is because StashAway is dragged down by XLE (Energy Sector).
*
XLE in SAMY even on 36% risk is very small (about 3% of whole portfolio allocation) which I don't think that could be laggard.

This post has been edited by GrumpyNooby: Apr 25 2020, 04:05 PM
tadashi987
post Apr 25 2020, 06:01 PM

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QUOTE(GrumpyNooby @ Apr 25 2020, 04:04 PM)
XLE in SAMY even on 36% risk is very small (about 3% of whole portfolio allocation) which I don't think that could be laggard.
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true that, check further should be small cap and consumer dragging instead hmm.gif
zacknistelrooy
post Apr 25 2020, 08:09 PM

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The problems of old are still here

The merry go around of discount and premium of this ETF has been an interesting watch.

As of Friday close the MyETF-US50 is trading at 11% above the NAV which is around 1.20

Last month when it seems there were a lot of complains, it was trading at a discount to NAV



The MyETF MSCI Malaysia Islamic Dividend is still trading close to 9% discount to NAV.

So until they manage to switch these respective ETF's, just a caution that you may not be getting the price you see on your app
mt24
post Apr 25 2020, 09:09 PM

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I just parked rm200 there with very aggressive profile.
Let's see it's performance this week.
tadashi987
post Apr 25 2020, 09:31 PM

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QUOTE(mt24 @ Apr 25 2020, 09:09 PM)
I just parked rm200 there with very aggressive profile.
Let's see it's performance this week.
*
gonna keep DCA-ing? personally feel not a good time to in since right now it backs to previous high whistling.gif
mt24
post Apr 25 2020, 09:33 PM

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QUOTE(tadashi987 @ Apr 25 2020, 09:31 PM)
gonna keep DCA-ing? personally feel not a good time to in since right now it backs to previous high  whistling.gif
*
Let's see how it goes.
1920x1080
post Apr 26 2020, 01:49 AM

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Is anyone having weird User interface glitch with the app?
my text are not being displayed fully.
for example RM100 will be RM10.
Deposit is De-
zstan
post Apr 26 2020, 12:00 PM

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QUOTE(Kpjh @ Apr 25 2020, 03:15 PM)
Yes, timing. I entered end of march after the crashes and the price of the us etf was rm 1.04.
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It's USD 1.04 not RM.

That's why a 5% increase equals to about 20% increase in profit. when it crashes it goes the same way as well.
axllent
post Apr 26 2020, 06:24 PM

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QUOTE(1920x1080 @ Apr 26 2020, 01:49 AM)
Is anyone having weird User interface glitch with the app?
my text are not being displayed fully.
for example RM100 will be RM10.
Deposit is De-
*
If using OnePlus change your phone font. Happened to me last time. Now all ok
1920x1080
post Apr 27 2020, 01:08 AM

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QUOTE(axllent @ Apr 26 2020, 06:24 PM)
If using OnePlus change your phone font. Happened to me last time. Now all ok
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It worked! thanks!
zacknistelrooy
post Apr 27 2020, 05:38 PM

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MyETF MSCI Malaysia Islamic Dividend (MyETF-MMID)

user posted image

MyETF Dow Jones U.S. Titans 50 (MyETF-US50)

user posted image
rotloi
post Apr 27 2020, 05:44 PM

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Wahed is way way better than stashaway
tadashi987
post Apr 27 2020, 05:47 PM

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QUOTE(rotloi @ Apr 27 2020, 05:44 PM)
Wahed is way way better than stashaway
*
i think u cannot compare at such because it just happened that Wahed is not that diversified and focusing on US Titan 50,
Stashaway is more diversified and drag down by underperforming ETF which could be tentative sweat.gif
GrumpyNooby
post Apr 27 2020, 05:49 PM

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QUOTE(tadashi987 @ Apr 27 2020, 05:47 PM)
i think u cannot compare at such because it just happened that Wahed is not that diversified and focusing on US Titan 50,
Stashaway is more diversified and drag down by underperforming ETF which could be tentative  sweat.gif
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Numbers tell the actual story.
Things under the carpet not important.
rotloi
post Apr 27 2020, 05:58 PM

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QUOTE(tadashi987 @ Apr 27 2020, 05:47 PM)
i think u cannot compare at such because it just happened that Wahed is not that diversified and focusing on US Titan 50,
Stashaway is more diversified and drag down by underperforming ETF which could be tentative  sweat.gif
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Bro, which are better ?
zacknistelrooy
post Apr 27 2020, 06:04 PM

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QUOTE(rotloi @ Apr 27 2020, 05:44 PM)
Wahed is way way better than stashaway
*
Nope
That isn't true

If you really want to know if Wahed is doing well then check their own created ETF (HLAL)

QUOTE
https://www.etf.com/HLAL#overview


So far it is inline with the market performance


QUOTE(tadashi987 @ Apr 27 2020, 05:47 PM)
i think u cannot compare at such because it just happened that Wahed is not that diversified and focusing on US Titan 50,
Stashaway is more diversified and drag down by underperforming ETF which could be tentative  sweat.gif
*
Wahed is not outperforming because they have invested in US Titan 50

It looks like it is ouperforming because the ETF are selling way above its value

If you look at NAV which I even showed last month it is similar to StashAway

Even today if I wanted to sell more than 400 shares, the price on offer was 1.25 and 400 shares were on offer at 1.3 while the price was at 1.37
tadashi987
post Apr 27 2020, 07:28 PM

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QUOTE(zacknistelrooy @ Apr 27 2020, 06:04 PM)
Nope
That isn't true

If you really want to know if Wahed is doing well then check their own created ETF (HLAL)
So far it is inline with the market performance
Wahed is not outperforming because they have invested in US Titan 50

It looks like it is ouperforming because the ETF are selling way above its value

If you look at NAV which I even showed last month it is similar to StashAway

Even today if I wanted to sell more than 400 shares, the price on offer was 1.25 and 400 shares were on offer at 1.3 while the price was at 1.37
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hope Wahed Msia can switch to HLAL soon wink.gif

This post has been edited by tadashi987: Apr 27 2020, 07:28 PM
kelvinfixx
post Apr 27 2020, 07:36 PM

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looks like wahed outperform stashaway.
GrumpyNooby
post Apr 27 2020, 07:39 PM

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QUOTE(kelvinfixx @ Apr 27 2020, 07:36 PM)
looks like wahed outperform stashaway.
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Indeed it is.
The graph on the app already describes fairly well.
My very aggressive portfolio is earning 9.9% since I had dumped very big amount few weeks back.

I was told by everyone in here that underlying details like ETF price, NAV, low volume, closeness to the US market, its associating ETFs in US and concern of the local ETF manager (Valuecap) are not important at all.

What matters in the end is the number displayed by the app.

QUOTE(zstan @ Apr 26 2020, 12:00 PM)
It's USD 1.04 not RM.

That's why a 5% increase equals to about 20% increase in profit. when it crashes it goes the same way as well.
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Compared to SAMY, I'm still in negative region even though had been DCA since the slump back in March 2020.

This post has been edited by GrumpyNooby: Apr 27 2020, 07:50 PM

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