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 Wahed Invest Malaysia, Good, Ok2, Bad?

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dinkelberg
post May 13 2020, 12:59 PM

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Hi guys , just wondering. Whats the point of wahed if you could buy it through Bursa ?
dinkelberg
post May 15 2020, 08:17 PM

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user posted image That dive
dinkelberg
post May 16 2020, 04:16 PM

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I was just wondering what causes the huge drop from yesterday? I was going through their holding and it seems most of it is in the green.
dinkelberg
post May 18 2020, 01:06 PM

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user posted image Im thinking of entering back to the market , any thoughts?
dinkelberg
post May 20 2020, 07:12 PM

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QUOTE(ameli7a @ May 20 2020, 12:44 PM)
From Wahed Email
We will be upgrading your US Stocks portion of your portfolio with a fund with the following benefits*:

Diversification
Our new fund that we will be adding to your investment portfolio under the US Stocks asset class will provide a wider exposure to more than 200 of the largest shariah-compliant US companies from various industries whilst maintaining a low expense ratio.

Liquidity
Our new fund to replace the current ETF for the US Stocks that you have currently will provide greater liquidity due to the larger exchange where it is listed in. More liquidity means a more timely deposit allocation and withdrawals for you.
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Our clients with portfolios that has a US Stocks allocation*, the upgrading process will lead to the following temporary conditions until the week ending 1st week of June 2020:

US Stocks Allocation
Your portfolio will not be allocated the US Stocks portion. Your funds allocated to US Stocks will remain as cash until the portfolio upgrade has been completed.
US Stocks Price Movements
As your US Stocks holdings are temporarily held in cash there will be no price movements for your US Stocks portion of your portfolio. Other assets in your portfolio will not be affected and it will continue to be invested during this period.
Withdrawal and Deposits
Feel free to make deposits and withdrawals during this period we will process it as per normal.

Once the portfolio upgrade has been completed, you will see a new updated fund under your US stocks holding. Your funds will be automatically invested to match your risk portfolio allocation.
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Now this will be interesting
dinkelberg
post Jun 1 2020, 06:12 PM

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QUOTE(omegaoracle @ Jun 1 2020, 06:06 PM)
Thanks for the link and the code. Totally forgot about it.

So today is D-Day they will start USA ETF?
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Got me excited too. All they say was first week of June. Raiz was today...
dinkelberg
post Jun 3 2020, 06:34 AM

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QUOTE(GrumpyNooby @ Jun 2 2020, 08:50 AM)
Guys, any changes to the US stocks segment?
Any new holdings appear?
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user posted image
dinkelberg
post Jun 5 2020, 07:32 PM

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With the new ETF ,what time do they usually update the figure?
dinkelberg
post Jun 11 2020, 10:12 PM

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Ouch. Huge drop
dinkelberg
post Jun 12 2020, 07:55 PM

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QUOTE(waghyu @ Jun 12 2020, 11:37 AM)
But but remember, ringgit just climb like 2% against USD, in 30 days period.

I wish they heave feature where we can park idle cash, and right away flip to their system, so effective timing is faster.

But yeah, let it be, doing this for fun only. Doing other stuffs as well.
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YES Thats an amazing feature for both Wahed and stashaway!

 

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