i thought previously you mentioned that the return would catch up if hold longer

withdrew today, will deposit next week, allowing previously accrued interest to be cleared, if any
let's see if i remember to withdraw at next month end

withdrew today, will let you know when the rebate in next month
need to pay attention to a couple of things if you based on the amount showing in the versa app
28 August balance showed 22 August NAV (pre-distribution) multiplied by post-distribution unit, which would be overstated
quite accurate if referring to the NAV from AHAMinstead
about RM 0.0008 for 7-day period, over RM 1.1948, approximately 3.49% p.a.
or RM 0.0034 increase from 31 July to 29 August 2023, over RM 1.1931, approximately 3.59% p.a.

This post has been edited by 1mr3tard3d: Aug 30 2023, 11:12 AM

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This post has been edited by 1mr3tard3d: Aug 30 2023, 11:11 AM

1. even AHAM do not update price on weekend or public holiday, notice that the flat NAVs are followed by a spike

the NAV of 4/9/2023 would probably be RM 1.1956

2. the balance showing in Versa app is further delayed
the NAV of 4/9/2023 will be known on 5/9/2023
however, the balance in Versa app on 6/9/2023 will be based on NAV of 4/9/2023

the base rate is not 4.3%
should check your versa app balance tomorrow, it will reflect the NAV of 4/9/23, which would be covering period 2/9/23-4/9/23
can't tell the actual return until the rebate is out
it's actually daily, except for non-working days

the balance in your app does not update daily does not mean your return is not updated daily (perhaps they should clarify day as in working day)

the app balance is lagged behind, that is all i would say, period


This post has been edited by 1mr3tard3d: Sep 5 2023, 03:29 PM

AHAM

they also credited on 14th or 17th in the past

depends on how your calculate
it would be straightforward if you use their NAVs


if you want the tedious way,

still pending for the August rebate

that would suggest otherwise, wouldn't it?
that people are paying attention to the return without realising that the volatility of the financial and capital markets
they compare the return without considering the underlying investment associated with

kind of relief to know that
i was beginning to worry that i might miss the rebate as my balance has been below RM 1,000 since Aug withdrawal

Return for 31/07/23 to 30/08/23:
Balance as at 30/08/23 = 178.50 x RM 1.1950 = RM 213.31
+ redemption RM 25,002.09
+ rebate RM 9.93
= RM 25,225.33
Balance as at 31/07/23 = 21,067.02 x RM 1.1931 = 25,135.06
Return = RM 25,225.33 - RM 25,135.06 - RM 6.57 (rebate for July) = RM 83.70 ~ 4.05% p.a.

at least quote the source maybe?
it just remind me of


not sure about others, for me,
Versa is just slightly above 4% p.a. but definitely not 4.3% p.a.
Rize is 4% p.a. (would get about 4.16% p.a. for 30k, so might be actually higher than Versa)
KDI is 3.92% p.a.
if that is what u r asking
if i were u, i would place 10k each and u could tell the difference at the end of the day
joking aside, u need not have to worry about withdrawing prior to certain deadline or just in case can't login when trying to withdraw

first time? it will take a bit longer to verify your bank account
but should not be more than 3 business days
not a good way to monitor based on app balance anyway

it's transaction fee
no, i m kidding
they translated your request RM 4,000/RM 1.2105 into 3,304.41 units based on 25/3 NAV
then, they credited to your bank based on 26/3 NAV RM 1.2091 x 3,304.41

what if that person has RM 3,000 life insurance tax relief?

when u select full withdrawal

yeah, that is the fund return
won't know if there is rebate for March or April 2024 until later date

not surprised after the removal of previous promotion banner
nearly missed this 'update' superseding previous promotion

since there is no movement, u r in good position to ask them about the extraordinary low rebate in March, relatively to Feb & Apr

base interest does not mean minimum guaranteed interest

(RM 1.2132/RM 1.2096 - 1) x 366/30 ~ 3.63% p.a.

the interest is being reflected as increase in NAV