I agree that the market price is below NAV for some time now for those two ETF but i-vcap is going to end its operation by sep 2020. Seems like no market maker as well for these two etf.

Someone shared this before;

https://www.theedgemarkets.com/article/valu...gement-business

Of course it is also stated that it is possible that the etf will be taken over by another fund management company

To be honest that is the least of the problem, please anyone who invest in these two etf, take a look at the volume transacted per day and also the liquidity.

If there is market maker that will be easily snapped up, although that 300 there might just be the market maker queing at buy and sell

This post has been edited by backspace66: Apr 12 2020, 09:30 PM

Maybe not for these two etf. We can infer about the fate of these two etf since they likely already have the info.

https://www.bursamalaysia.com/market_inform...?ann_id=3043280

Take a look at the total amount of unit and its value. No wonder it is not justifiable for i-vcap to continue, fund too small.

Exactly, no point . Although i would consider to buy that myetf directly in KLSE if it has more activity and i-vcap is not preparing to let go of the fund management business. It is listed in KLSE but that does not mean it is investing here, that us titan 50 is inveating in US equity just that it is listed here.

If someone decide to make etf that track s&p 500 in KLSE, i will definitely snap it up unless it is not active as in the current myetf

This post has been edited by backspace66: Apr 13 2020, 10:39 AM

Yeah, Thats what i said. Again the us titan 50 is investing in us equity, it not a derivative. It is just listed here.

This post has been edited by backspace66: Apr 13 2020, 10:49 AM

Still, 1 lot of those myetf is cheap enough some of them even lower than MYR100 per lot, but transaction fee is going to eat up into that especially for small investor

This post has been edited by backspace66: Apr 13 2020, 11:07 AM

It is pretty sad, loooking at the que and spread for th MM, if wahed want to liquidate your investment, they have to give a discount of almost 15% to the current NAV

This post has been edited by backspace66: Apr 15 2020, 10:17 AM

HLAL, ok now i am interested. Heavy weightage on tech, pharma,health care and oil & gas. Performance so far mirror s&p 500 nicely and even exceed it but mainly due to the recent bull run on tech and pharma.

Sudden increase in volume for the past two days, i guess this is when it got transferred.

This post has been edited by backspace66: Jun 3 2020, 07:19 AM

https://brockvalue.com/

If u trust this valuation, s&p intrinsic value is around 35XX.

Another aspect is if oil price keep on going up, of course it will benefit this etf, but the risk is on the exchange rate.

This post has been edited by backspace66: Jun 4 2020, 08:54 AM

Myetf-mmid is currently listed at 6% discount to NAV. I undertstand that the US portion of the investment has been transferred from MYETF-US50 to HLAL, but what about the local portion of the investment, it is still with i-vcap and based on previous information, they are winding down by september.


Anyone has the latest news regarding i-vcap?

I would expect another drop on monday, but due to time taken to transact in wahid, i would top up today and the fund invested on monday.

You might be right, let see how long it takes for this transaction.

This Wahid seems to be slow this time, transfered twice on thursday and friday last week, none of them are invested ( or at least not updated as invested in the app). Previously it was pretty quick. As for SA, transfered on Sunday and it is already invested ,well at least that is what is shown in the app today

This post has been edited by backspace66: Jun 16 2020, 06:57 PM

I seriously question your knowledge in "investing". But got to give you a pat on the back for being the opportunist that you are in getting the referral bonus.

The value invested itself is irrelevant, the point is to get a much better return in the long run compare to parking the money in saving account/fd/pnb funds.

If those guys only have those amount for investment, still they are better off since it has a potential to earn a much better return than letting it rot somewhere "safe".

There are definitely other way to make better return if you know how, but this targets people who doesnt have much experience in investing. I myself just get into this to gain exposure to US ETF. Bulk of my cash investment is still targeted to direct investment in the stock market and non cash (EPF) on unit trust.

This post has been edited by backspace66: Jun 19 2020, 09:59 AM

I wont argue with people who mistaken referral bonus as viable investment. Might be investment is not your strong suit after all i would say and please take a look at the historical data for s&p 500 that goes back to before great depression.

Promoting something just for the sake of referral bonus tells a lot about someone.

This post has been edited by backspace66: Jun 19 2020, 10:12 AM

Yes, wahid is a bit inconsistent in this. I hope they spend more time on timely update of value of invesment, faster and timely transaction, more details of transaction(like SA). Overall customer experience is important as well. Same like people investing in unit trust ,FSM portal vs eunittrust. A lot of people dont mind paying slightly more for a smoother, trouble free and better service.

IMHO, the money spent on referral bonus is better spent in upgrading the overall customer service or experience in investing through wahid. .

This post has been edited by backspace66: Jun 23 2020, 08:33 AM

Well, that is expected as S&P 500 dropped around the same percentage wise.

I am transferring back to SA as i am still not satisfied with their answer about myetf-mmid and they have no plan to change to another etf in the near future.

This post has been edited by backspace66: Jun 25 2020, 08:25 PM