Please stop with the misleading statements

The finance industry already has a bad rep

People need to know the risk that is ahead right now

Currently you are paying nearly 16% more than what the ETF is worth

If you feel that is great then by all means go ahead

Also just because the app shows the price doesn't even mean you can sell it close to that price.


For those investing recently and the comparison with S&P 500 for the past quarter or month

Dow Jones Islamic Market U.S. Titans 50 Index that the ETF is based on



S&P 500

Are you from Wahed Malaysia?
Who are you to stop me from making such statement unless you're a representative from Wahed Malaysia or Wahed International?
Moreover I'm not even defaming nor slandering the company.
I'm just sharing the performance that I'm getting over my investing experience with Wahed since December 2019 last year.
Which section or part that I'm lying or cheating people over here?
It's all from the app itself unless you're hinting me that the app itself is cheating me!
Or the numbers are fabricated in some sense?

What're the risks? If we're overpaying for the price premium, an official complaint should be lodged to SC.
I should be more worried than you as I have substantial amount in the portfolio.

This post has been edited by GrumpyNooby: Apr 27 2020, 08:49 PM

I only asked to stop making misleading statements because when others look at the performance, they will think it is something great without knowing the full story.

When you mentioned performance you also need to mention how much more premium the ETF is currently trading at so people know what risk they are getting into

There are no issues with the app

The risk in overpaying is like last month when it trades at a discount or when Wahed finally moves to another ETF and sells it at value and not the premium you are currently looking at.

This post has been edited by zacknistelrooy: Apr 27 2020, 08:58 PM

Who cares about the story.
That's the job of the robo-advisor which should have done the job the well by eliminating human emotions from investing and handling the fine details as I was told earlier.
Keep DCA and rest assure that the robo-advisor will do its job which it's also proven well with the graph.



If Wahed is doing some fishy business at here, then the more one should report this to SC.
Until today, there's no official midst or air clearing statement from Wahed.

This post has been edited by GrumpyNooby: Apr 27 2020, 09:27 PM

chill dudes , I think zacknistelrooy is just trying to tell us not to get too excited looking at the performance but forgetting the myETF-US50 is trading at a premium -> we might not get what we see in the app

what he does is not wrong for creating an awareness to us

I guess the best way is to test and sell ALL and see if your receiving bank amount would it be much different from what your holdings is showing in the end

This post has been edited by tadashi987: Apr 27 2020, 09:07 PM

Now you made me even more worried over the holding in Wahed.
Tomorrow I think I better liquidate all the holdings in Wahed as I can't afford to lose them given the upbeat trend now.
It is close to RM 100k.

This post has been edited by GrumpyNooby: Apr 27 2020, 09:16 PM

good discussion going on guys, it helps me see what I should look at too. don't have to be agitated ya

In fact I withdrew my funds from Wahed to SAMY since it went south about 20% that's when they decided to switch the US ETF. (too late)arrghh

would've kept it for long term.. let's see how they perform in this trial

Not happened yet.
Can always come back after it really does realize.
Now, it's my time to exit!

I withdraw all my funds tomorrow and will invest back when I think the time is right. Hope all my profits will be able to reach the bank account =P
Its 8 working days so I hope the market is still okay till then. if it takes more than 8 working days i'm doomed.
Anyone did withdrawal before and how many days for it to reach the bank acc? newbie here lol

I also submitted a withdrawal and pending for review.
Let's update each other.

This post has been edited by GrumpyNooby: Apr 27 2020, 10:06 PM

1 week +, <2 weeks

all the best guys

hi guys, may i know how the annual fee being charged? Is it based on the total investment in a year? or balance after a year?

Monthly basis at 0.79% pa based on valuation of the month (I guess).
The advisor fee is stated in the monthly statement.

https://wahedinvest.com/pricing/

This post has been edited by GrumpyNooby: Apr 27 2020, 10:46 PM

Thank you for your understanding

By no means Stashaway is perfect either

Those in the 36% risk are seeing underperformance mainly due to to nearly 30% allocation towards underperforming asset classes at least for the past month

Those are Small Caps, Europe and Cash

So that is why I always advocate to know what your are investing because in the end of the day you have your own best interest.


I am sure one wants to end up like the retail clients of Bank of China that lost nearly a 1 bil because they were put in crude oil products

https://www.scmp.com/business/money/markets...llapse-burn-us1

what do you invest in tho

I invest directly in equities and ETF's listed in US.

Sometimes people ask me about these Robo-advisors so I have to test it out and now only have a bit Stashaway left after exiting the rest.

US ETF hitting all time high soon good thing the NAV is also moving on an upward trend.

i just recently changed to gold portfolio ( and regretted it!) i have to wait until 14/7/2020 in order to change back to aggresive. is there a way i can change this fast? write email? anyone have tried?

Because of its tech stocks and reopening of biz I guess. Since digital measures and economy is now at fast fwd, they benefit.