Wahed Invest Malaysia, Good, Ok2, Bad?
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 Apr 13 2020, 10:24 AM
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#1
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Senior Member
1,594 posts Joined: Feb 2006  
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What's the point of even using Wahed if they invest in the local market. Even their so called "US stocks" ETF is on the local market instead of the US and have almost non-existent trading volume. You might as well DIY and save money.
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Apr 13 2020, 10:45 AM
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#2
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Senior Member
1,594 posts Joined: Feb 2006
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QUOTE(backspace66 @ Apr 13 2020, 10:31 AM) 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. The thing is you can buy it directly because it's listed locally so you don't need a middleman at all. Other Robos are at least buying overseas ETFs which are much harder for small time investors to purchase, which is likely the target market. The problem with such a low volume ETF in the first place is that once you want to dump it, there aren't any buyers. Which means you have trouble getting your money.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  |
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Apr 13 2020, 02:27 PM
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#3
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Senior Member
1,594 posts Joined: Feb 2006
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QUOTE(backspace66 @ Apr 13 2020, 10:47 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. Most ETFs aren't derivatives. I just don't see the upside to using Wahed over something like SA. Personally I don't really trust Robos when they can go belly up any time since you'll be forced to realize any losses you have when it happens when they force sell your units. Just look at what happened to Smartly.This post has been edited by red streak: Apr 13 2020, 04:57 PM |
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Apr 15 2020, 11:15 AM
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#4
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Senior Member
1,594 posts Joined: Feb 2006
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QUOTE(brokenbomb @ Apr 14 2020, 11:56 PM) Patutla my SA fly but Wahed like no feeling ni It's also why SA dropped the moment the US market dropped but Wahed didn't move for awhile. If you're trying to actually make money then Wahed is not your thing. I know they have US based ETFs so I have no clue why they don't give us access to those. |
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Apr 15 2020, 11:18 AM
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#5
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Senior Member
1,594 posts Joined: Feb 2006
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QUOTE(GrumpyNooby @ Apr 15 2020, 11:16 AM) Maybe those are not Shariah complaint? Ticker is literally HLAL   |
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May 21 2020, 08:05 PM
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#6
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Senior Member
1,594 posts Joined: Feb 2006
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Once they swap I might consider going back in
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Jun 8 2020, 06:11 PM
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#7
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Senior Member
1,594 posts Joined: Feb 2006
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QUOTE(Blues03 @ Jun 8 2020, 05:19 PM) Great News!! That is pretty good news. Both the amount and backing gives that much more credibility to Wahed's long term survival.Now I'm more confident invest in Wahed..Saudi Aramco..not small2 one like ikan bilis ok.. https://www.bloomberg.com/news/articles/202...rlHl7G3IaZadiNQ |
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