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 Money market fund

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ironman16
post Jan 28 2021, 06:52 PM

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QUOTE(CSW1990 @ Jan 28 2021, 05:49 PM)
Had just registered and pending for personal account verification, wanna try how is this Versa doing
Looks like can only buy 1 MMF.. No other available funds to see there. 
For me the important is the redemption processing time The MMF rate is the the extra bonus

PHillip Master mmf still have the fastest redemption time T+0

This is what I captured from Versa apps,
user posted image
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do update ur review here.....

if link with affin hwang, i just wait my Allocate Plus settle la..... biggrin.gif
ironman16
post Jan 28 2021, 07:06 PM

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QUOTE(GrumpyNooby @ Jan 28 2021, 06:57 PM)
It is only restricted to cash management funds.
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Ya I know,
If affin can solve my problem, sure I use allocate plus to purchase this MMF, not need middle man. I do saw this fund too in the apps. This fund is the reason I try allocate plus bcoz MMF, easy redeem.
But until today no news 😭😭
ironman16
post Jan 28 2021, 08:36 PM

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QUOTE(!@#$%^ @ Jan 28 2021, 08:31 PM)
any reason to use versa?
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Affin Hwang Enhanced Deposit Fund
https://www.maybank2u.com.my/WebBank/afhw-e...deposit-ffs.pdf

This post has been edited by ironman16: Jan 28 2021, 08:37 PM
ironman16
post 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  rclxms.gif
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2nd week i wait for the solution without forcing them.... doh.gif

jgn2 lupa saya sudah
ironman16
post Jan 28 2021, 10:25 PM

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QUOTE(!@#$%^ @ Jan 28 2021, 09:16 PM)
is it a superior fund?
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QUOTE(GrumpyNooby @ Jan 28 2021, 09:17 PM)
ROI seems like better than PMMMF.
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thumbsup.gif thumbsup.gif
i oso see bcoz of return
ironman16
post 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  rclxms.gif

If SA simple can be like Versa then best of both worlds  rclxms.gif
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i cant purchase using Allocate Plus by affin.....how to purchase.... bangwall.gif


ironman16
post 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  rclxms.gif
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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
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allocate plus is minimum 50
ironman16
post Jan 28 2021, 11:17 PM

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QUOTE(!@#$%^ @ Jan 28 2021, 11:02 PM)
coolz, but no account with them
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Download apps n open aje.

ironman16
post 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?
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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
ironman16
post Jan 29 2021, 12:12 AM

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QUOTE(!@#$%^ @ Jan 29 2021, 12:00 AM)
what’s with ur acc?
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Can log in but can't purchase fund.
Ask CS, Cs said feedback to IT team but no solution yet. 2 week I wait liao.

This post has been edited by ironman16: Jan 29 2021, 12:12 AM
ironman16
post Jan 29 2021, 07:26 PM

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QUOTE(!@#$%^ @ Jan 29 2021, 07:11 PM)
yeah, management and trustee fee is minimal. just hope versa dun add their own fee on top of that.
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versa got management fee , i thinks is 0.3% annually

gonna find ppl that haven't invest through fsm baru dpt.....we all got the same problem doh.gif

This post has been edited by ironman16: Jan 29 2021, 07:29 PM
ironman16
post Jan 29 2021, 07:49 PM

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QUOTE(GrumpyNooby @ Jan 29 2021, 07:39 PM)
How much is SAMY charges for Simple™?
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0%
ironman16
post Jan 29 2021, 08:44 PM

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QUOTE(jutamind @ Jan 29 2021, 07:57 PM)
Actually don't understand why Affin Hwang needs another platform just to sell 1 product where they already have collaboration with FSM and eUnittrust
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actually that affin fund is 0% sales charge , but minimum initial is big.....org biasa x dapat......

if u got 100k, u invest with affin n u come out with an apps n just ask ppl join u n u charge them 0.3% management fee oso can brows.gif
ironman16
post Jan 29 2021, 09:42 PM

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QUOTE(jutamind @ Jan 29 2021, 08:53 PM)
Min investment amount is the threshold set by Affin Hwang. They can set a minimal amount for FSM/eUnittrust the same way like Versa as well if they want to
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biggrin.gif biggrin.gif biggrin.gif

my point is afxxx not need bekerjasama dengan vxxxx, is vxxx wanna guna axxxx punya nama untuk attract ppl whistling.gif

if i got 1 million cash, i cari Axxxxx n letak duit i dalam AmIncome Advantage . drool.gif

i cari partner yg pandai buat apps ,

i cari partner yg pandai apply macam2 lesen,

ask u ppl invest in my new apps, i charge u ppl 0.2 or 0.3% la

i buat la iklan "The app is launched in partnership with Axxxxs Mxxxxxx Bxxxxx" (of course la kena bincang dgn dia org)

thats why kena charge management fee.

brows.gif

This post has been edited by ironman16: Jan 29 2021, 09:44 PM
ironman16
post Jan 30 2021, 11:57 AM

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QUOTE(ericlaiys @ Jan 30 2021, 11:48 AM)
Update to anyone who use versa & allocate+,
based on my testing on versa, the amount that you deposit into it will reflect under allocate+. I saw my transaction under processing for both app: allocate+ and versa.
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Mean that if purchased through versa oso will reflect in allocate plus?
Mean if I purchase through versa, versa oso help me purchase with affin that I will under my name? Not under versa name? 👍
ironman16
post Jan 30 2021, 12:10 PM

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QUOTE(ericlaiys @ Jan 30 2021, 12:03 PM)
that is what happens on my both app now. "Processing" as i deposit yesterday. Both showing same date. i did not purchase on that fund in allocate+.

Under allocate+, it showed another portfolio.

Quite smart. I use both same email address when register
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I just wait Allocate Plus, just let IT figure out how to settle but too slow 😩😩😩 3 week oledi
ironman16
post Jan 30 2021, 12:30 PM

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QUOTE(GrumpyNooby @ Jan 30 2021, 12:22 PM)
I think you're all over two concurrent threads specially Allocate+
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Nvm, lantak aje 😁😁😁
ironman16
post Jan 30 2021, 04:19 PM

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QUOTE(AnasM @ Jan 30 2021, 04:11 PM)
how the return of affin vs eastspring fund?
which 1 more worht?
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U try comparing la
One is affin hwang enchanted deposit fund, one is East spring islamic income fund.

Remember feed back here 😁
ironman16
post Jan 30 2021, 09:19 PM

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QUOTE(ericlaiys @ Jan 30 2021, 08:39 PM)
Wait till it commit on next business day. 1st time deposit will take longer time & cut off time is Friday. So need to wait on Tuesday. Monday Federal holiday.

Update status next week
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remember update here.... thumbsup.gif thumbsup.gif
ironman16
post Jan 31 2021, 12:29 PM

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QUOTE(!@#$%^ @ Jan 31 2021, 11:51 AM)
any money market funds in singapore that is easily accessible to malaysians who have sg account? so far money only in sg bank account doing ntg, and im not ready to go into higher risk investments there yet.
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I think MMF Singapore not worth to subscribe, not sure.
Why dun use ur sg account money buy overseas etf?
Better than we from msia, easier, choice many.
Buy a bit to test water la
I think etf not high risk if compared to stock.
Can try a bit n see ma as long as u oledi prepare emergency fund

This post has been edited by ironman16: Jan 31 2021, 12:30 PM

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