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Money market fund
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waghyu
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 Jan 28 2021, 08:33 PM
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QUOTE(rocketm @ May 16 2020, 10:51 PM) Hi all, I have some questions. Recently, FD rates are low now. It is a good investment to consider money market fund since it is low fees as compare to other types of unit trust fund and waiting time to withdraw is probably about 2 days with no charges. The typical return to investor is 6 months or one year based on the NAV at that time. Does my understanding correct? Will it be the return for money market fund will lower than banks FD promo rate about 2.80%? Forex is the answer to your question. See my post https://forum.lowyat.net/index.php?showtopi...post&p=99788736But money game is only if you willing to take risk. Any savings investment are risk. Zero risk is zero profit / gain. |
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ironman16
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Jan 28 2021, 08:36 PM
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QUOTE(!@#$%^ @ Jan 28 2021, 08:31 PM) Affin Hwang Enhanced Deposit Fund https://www.maybank2u.com.my/WebBank/afhw-e...deposit-ffs.pdfThis post has been edited by ironman16: Jan 28 2021, 08:37 PM |
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ironman16
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Jan 28 2021, 08:38 PM
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QUOTE(xander83 @ Jan 28 2021, 08:26 PM) Allocate+ seriously is a joke with the app I thought Wahed and Mytheo was bad enough  2nd week i wait for the solution without forcing them....  jgn2 lupa saya sudah |
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!@#$%^
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Jan 28 2021, 09:16 PM
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QUOTE(ironman16 @ Jan 28 2021, 08:36 PM) is it a superior fund? |
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GrumpyNooby
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Jan 28 2021, 09:17 PM
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QUOTE(!@#$%^ @ Jan 28 2021, 09:16 PM) ROI seems like better than PMMMF. |
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CSW1990
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Jan 28 2021, 09:59 PM
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QUOTE(!@#$%^ @ Jan 28 2021, 08:31 PM) I just want to try on this after saw another member posted here. The apps look simple to function and nice. The rate seems not bad compared to others, but the redemption process is T+1. Not a big fans of MMF actually, try new things. Don’t know in the future will they have more than available variance fund? |
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ironman16
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Jan 28 2021, 10:25 PM
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QUOTE(!@#$%^ @ Jan 28 2021, 09:16 PM) QUOTE(GrumpyNooby @ Jan 28 2021, 09:17 PM) ROI seems like better than PMMMF.  i oso see bcoz of return |
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SUSxander83
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Jan 28 2021, 10:29 PM
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QUOTE(ironman16 @ Jan 28 2021, 08:38 PM) 2nd week i wait for the solution without forcing them.... jgn2 lupa saya sudah No need to wait just move on If SA simple can be like Versa then best of both worlds |
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ironman16
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Jan 28 2021, 10:30 PM
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QUOTE(xander83 @ Jan 28 2021, 10:29 PM) No need to wait just move on If SA simple can be like Versa then best of both worlds i cant purchase using Allocate Plus by affin.....how to purchase....  |
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SUSxander83
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Jan 28 2021, 10:47 PM
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QUOTE(ironman16 @ Jan 28 2021, 10:30 PM) i cant purchase using Allocate Plus by affin.....how to purchase.... Versa should be separate with allocate plus because of markets differentiations to cater different group of consumers |
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!@#$%^
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Jan 28 2021, 10:55 PM
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Affin Hwang Enhanced Deposit Fund
can buy with rm100 with versa, but minimum rm10k - 30k via other platforms. sounds like a premium fund. lol
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ironman16
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Jan 28 2021, 10:58 PM
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QUOTE(xander83 @ Jan 28 2021, 10:47 PM) Versa should be separate with allocate plus because of markets differentiations to cater different group of consumers yalo QUOTE(!@#$%^ @ Jan 28 2021, 10:55 PM) Affin Hwang Enhanced Deposit Fund can buy with rm100 with versa, but minimum rm10k - 30k via other platforms. sounds like a premium fund. lol allocate plus is minimum 50 |
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!@#$%^
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Jan 28 2021, 11:02 PM
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QUOTE(ironman16 @ Jan 28 2021, 10:58 PM) allocate plus is minimum 50 coolz, but no account with them |
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SUSxander83
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Jan 28 2021, 11:02 PM
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QUOTE(!@#$%^ @ Jan 28 2021, 10:55 PM) Affin Hwang Enhanced Deposit Fund can buy with rm100 with versa, but minimum rm10k - 30k via other platforms. sounds like a premium fund. lol Because all conservative HNW are now parking money elsewhere hence which is why Versa to created for retail to fulfill the shortfall of Versa With OPR on the way to drop below 1% which will be likely next year I feel the current govt goes on won’t be surprised a lot will turn to SG for better returns and exposure Even SGD outperform RM when the fact the commodities and share were undervalue and underperform thecpast 2 yrs |
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!@#$%^
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Jan 28 2021, 11:06 PM
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QUOTE(xander83 @ Jan 28 2021, 11:02 PM) Because all conservative HNW are now parking money elsewhere where to? |
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!@#$%^
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Jan 28 2021, 11:09 PM
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anyhow any sign up promo? i see only 100+ downloads on googleplay
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ironman16
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Jan 28 2021, 11:17 PM
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QUOTE(!@#$%^ @ Jan 28 2021, 11:02 PM) coolz, but no account with them Download apps n open aje. |
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!@#$%^
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Jan 28 2021, 11:35 PM
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QUOTE(ironman16 @ Jan 28 2021, 11:17 PM) Download apps n open aje. thanks for the tip. website only for existing investors. any benefit of allocate plus? |
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ironman16
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Jan 28 2021, 11:42 PM
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QUOTE(!@#$%^ @ Jan 28 2021, 11:35 PM) thanks for the tip. website only for existing investors. any benefit of allocate plus? I think is the minimum investment amount quite low. Sales charge I din know bcoz can't solve my account issue. Still waiting the solution. That why ask u ppl try ma |
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!@#$%^
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Jan 29 2021, 12:00 AM
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QUOTE(ironman16 @ Jan 28 2021, 11:42 PM) I think is the minimum investment amount quite low. Sales charge I din know bcoz can't solve my account issue. Still waiting the solution. That why ask u ppl try ma what’s with ur acc? |
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