Bad mentality by the clerk. Its her duty to help customers especially when customer wants to buy. Glad you left

Of course, buying from Raiz is cheaper; lower annual management fee of just 0.3% pa compared to buying directly from PNB that needs to fork out 1% pa.

Don't quote me. I didn't open any account with Raiz.

Can someone enlighten me on this as well? Are you sure the 1% p.a. is waived? Because the management fee should be accrued daily like what GrumpyNooby said right?

In that case, isn't it paying 1.3% management fee?

Please enlighten me too, since I'm also just see alot of bad comment before this. But if really a alternative for stashaway I will prepare it as well.

Answer:

frostbyte13 is from financial indsutry. What he said is 100% trustable and reliable!

my take is....

Account Fee payable is 0.30% per annum of the Raiz Investment Account
This Account Fee is to cover the cost of administering your Raiz Investment Account.

your Raiz investment account portfolio consisted of various ASNB funds

The mgmt fees of 1% is to manage the holdings inside each ASNB fund...charged by ASN

just like for example...if subscribe to FSM conservative portfolio will have 0% sales charge but will incur Portfolio Management Fee 0.50% per annum, charged on a quarterly basis...this Portfolio Management Fee is charged by FSM for the mgmt of your portfolio

inside the conservative managed portfolio consisted of many funds...the mgmt fees of these individual fund are charge by the individual FHs for the management of those funds and the price has already being reflected in the daily NAVs

LOL i've been found out i guess? no la not a sifu, also learning everyday via experimenting. anyways guys got any way to easily track daily ASNS1 & ASNE3 funds prices? Already negative right off the bat with 2% loss lol. I sincerely hope with tracking down the price history its due to unit price sliding & not sales charge being hidden xD

I do register today and try and see, but seem like only have Maybank Debit Card available. Is that Direct Debit or they suppose have TAC for each transaction? I only worried if my Debit Card exposed to hacker or what.

Direct Debit, no TAC

I still think it is charge 1.3% p.a. because the valuation price is already factored in the accrued charges and published to public, unless they say they rebate and refund it back to our account. What's the point of paying 0.3% additional p.a.? unless it is for short term hit and run purpose which you dont want to pay any sales charge.

Lol not even <2 weeks in, already bleeding 5% NAV. PNB unit prices are that bad ah? If it's this bad I'm gonna exit now & just reinvest into other Roboadvisors lol

the FBM KLCI dropped about 4% - 5% in the last 2 weeks. I guess that's why.

Any promotion for new joiner?

none that I know of

confirm tak ada
i call them last week ask about referral system - they say no referral system for now
ask them can i maintain 3 different portfolio - they say now is early phase and system still improving only 1 portfolio - i put RM300 inside Aggressive to test test
ask them when can improve - future, no timeline

itu saja - sekian terima kasih laporan saya - salam pkpp

Need review from you 1 week after and 1 month after, can see anything or not? XDDD

Just put in RM 6k into the app in a Conservative Portfolio which is the closest thing I had before this. 80% in Sara 1 and 20% in Equity 3.

Made RM 1.29 so far and will see where this app goes about a month from now

i sohai put in aggressive sudah hilang -0.12% (-RM0.36)

Got question to ask, is that no matter how much amount in profile, it will keep deduct RM1.50 for every month below RM6k correct?

yes