For example,
Total invested RM4001.00.
As at 6/2/2021 shown on the app, it's at RM4204.26. Earn RM203.26 (8.10%).
My poor maths
Wahed Invest Malaysia, Good, Ok2, Bad?
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 Apr 11 2021, 12:18 PM
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#1
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Senior Member
889 posts Joined: Jun 2008  
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Anyone knows how the percentage is calculated ?
For example, Total invested RM4001.00. As at 6/2/2021 shown on the app, it's at RM4204.26. Earn RM203.26 (8.10%). My poor maths |
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Apr 11 2021, 08:07 PM
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#2
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Senior Member
889 posts Joined: Jun 2008
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QUOTE(xander83 @ Apr 11 2021, 04:37 PM) Gains divided by invested amount multiply by 100% Yes, I have tried the formula you mention before, (203.26 / 4001.0) * 100.0 = 5.08% The app last shows 8.10% Somehow couldn't get 8.10. |
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Apr 11 2021, 09:24 PM
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#3
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Senior Member
889 posts Joined: Jun 2008
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QUOTE(xander83 @ Apr 11 2021, 08:25 PM) Did you calculate some the monthly charges as well? Nope.OK, under Portfolio summary, Wahed Fees RM is 10.69. I am not sure if is fees per month. Let's just say, RM10 fees per month I started from August to March, it's 8 months 8 months * 10 = RM 80 ((203.26 + 80.0) / 4001.0) * 100.0 = 7.07% Probably some other fee involve or fees is different every month  . Anyway just curious, how the percentage is calculated. |
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