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 Wahed Invest Malaysia, Good, Ok2, Bad?

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JJ93
post Oct 22 2021, 01:59 PM

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QUOTE(rocketm @ Oct 22 2021, 01:49 PM)
How about HLAL (US portfolio only)? Why any deposit and withdrawal from this portfolio will incur 1% charge?

They are introduce more and more charge making me think that whether is it good to invest with Wahed for long term.
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user posted image

Yes. It will incur the charge.
JJ93
post Oct 22 2021, 03:28 PM

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QUOTE(rocketm @ Oct 22 2021, 02:09 PM)
Will this make you want to maintain or jump to other robo adviser?
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Most probably will move to Most Agressive portfolio to circumvent the extra surcharge. 65% exposure to HLAL with 12.5% exposure to China. I'm still okay with it. But the main robo I DCA into is still Stashaway. Any extra spare change only will put into Wahed. I still don't have enough seed money to DIY 😣
JJ93
post Oct 22 2021, 04:15 PM

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QUOTE(rocketm @ Oct 22 2021, 03:35 PM)
I have limited budget and want to limit the cost on foreign exchange so I choose Wahed but recently they have many charges coming out.

SA only have 1 charge (0.2%-0.8%) annual fee and 0.1% on foreign exchange regardless on how many different type of portfolio the investors have right?
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Their new charges really will add up. 1% in 1% out plus 0.79% annual management fees. 🤯

Yes. SA fees are as what you mentioned. There's no extra fees for their newly launched thematic portfolios too.
JJ93
post Jan 24 2022, 10:32 PM

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QUOTE(tadashi987 @ Jan 24 2022, 08:42 PM)
Upgraded Portfolio gets New Allocation!

from Wahed: In line with our mission to offer high quality investment portfolios to you, we would like to inform you that our diversified portfolios now carry the following allocations:

user posted image
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Finally the most aggressive portfolio has zero exposure to Malaysian stocks (I hope) 🙂
JJ93
post Feb 1 2022, 03:35 PM

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Anyone's diversified portfolio has UMMA ETF already? Mine still stuck at cash. Sad to see my money isn't working hard especially during this correction 🥴
JJ93
post May 25 2022, 08:10 PM

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QUOTE(hs_clover @ May 24 2022, 08:49 PM)
Anyone had their wahed fund stuck there at proccessing? Mine is like 1 week dy haven complete processing
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You withdraw or deposit money? Previously I encountered once when deposit money, already reflected in account but didn't allocate into individual funds. In the end, just chat with customer service on WhatsApp and settled almost immediately

 

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