Bonus gone so now let’s whether can outperform more by 20% of OPR next year 

versa remove the overnight interest, does that means no more extra bonus unit will be given anymore?

Read about price adjustments after payout with adjustment units

2.46% it is only projected based on 2020 while this year the maximum if you lucky it will be 2% but high unlikely will be around 1.95% 

2.46% is too small.

Capital this size, better invest elsewhere.

The "dropped" amount is due to payouts of dividends affecting unit price. Give a few days and it will "grow" back to past price.

At this amount of capital you might as well put in a high-yield savings account, can easily beat Versa's rate.

You need to understand, Versa/StashAway Simple are functionally a more liquid form of FD (since it's investment houses putting your money in large business-sized FD accounts), and they'll follow interest rate trends for fixed deposit. Fixed deposits for 2021 have been hovering a little under 2%p.a. for non-promo rates.

2.46% p.a. is 'projected' rate based on last year, and based on what's been happening this year the cumulative rate is only around 2% p.a. for the year 2021, at most.

What happens next year will depend on Overnight Policy Rate changes imposed by Bank Negara.

You cannot look at Versa as an investment vehicle unless you're already older in age or cannot tolerate ups and downs in market.

ASB/EPF give better rates if you want to "invest" without seeing amount go down.

versa remove the overnight interest, does that means no more extra bonus unit will be given anymore?

thx! got it...basically no more bonus given if we deposit fund on friday , weekend or during public holiday

dont get confused with Overnight Interest and Rebate/Bonus (since Jul/Aug 2021)

1) Overnight Interest What is overnight interest? – Versa Asia
2) Rebate/Bonus What is rebate and how do I earn rebates ? – Versa Asia

no overnight interest = No bonus?? betul kah?
I dont think so.

I check my Versa, can see overnight interest  is separate entity from BONUS
Versa RM called me, seems like only overnight interest will stop
1.95% also better than  nothing lah
just parking short term only, waiting to attack SSPNi in Mac 22
high  yield i heard is SCB, but seems quite cumbersome ,tied to  regular topup use its credit cards etc

i use it for liquidity parking, still better  return than my other parking vehicle eUT PMMF....but PMMF same day  can get money

How much return do you guys get for complete year 2021?

The fund in Affin Hwang is showing 1.8% only.

2nd half was bad hence dropped a lot

Put into Frank better than Versa now without overnight interest 

Is it 1.8% +- in average for the whole year 2021?

Yes average over the year

1st 6months was higher and then towards Oct returns hence I moved away to put into other funds 

what other funds you can recommend other than versa? 1.8% is low so i want to move away some of my funds from versa

I suggest you go find 6mths FD 1st unless you need quick liquidity then go for SA Simple which still gives 2.1% and additional 0.3% bonus

i saw this article at : https://support.versa.com.my/hc/en-us/artic...I-earn-rebates-, it said, if daily return is lower than 2.46, they will make up the different by giving out bonus, how true is this?

If it is true , that means we will get 2.46 return consistently regardless how the AFFIN HWANG ENHANCED DEPOSIT FUND is performing then i won't move out from versa and continue to stay with them.

Overnight interest is a bonus feature not bonus payout which either referral or adjustments added from AHAM 

2nd half was bad hence dropped a lot

Put into Frank better than Versa now without overnight interest 

But overnight interest amount is too miniscule as you can see  from examples above.
So how much  it can drag the ROI down??
Overnight interest  cut hardly has any effect as the amount  is very small compared to dividend and bonus.
I  read somewhere Frank return 1.8% only, so is no better right?

But overnight interest amount is too miniscule as you can see  from examples above.
So how much  it can drag the ROI down??
Overnight interest  cut hardly has any effect as the amount  is very small compared to dividend and bonus.
I  read somewhere Frank return 1.8% only, so is no better right?

If you know to milk it overnight interest was another 0.2% returns on top of it

Bonus another is 0.16% while payout is the worse it is only 0.1% every fortnight

While Frank pays you 1.8%pa the key is liquidity and access as you can withdraw anytime while Versa is only accessible 24hours after withdrawing before cut off on weekdays while 3 days lag when withdraw during weekend 

The key to Versa is not for returns but temporary  parking while waiting for better opportunities 

If you know to milk it overnight interest was another 0.2% returns on top of it

Bonus another is 0.16% while payout is the worse it is only 0.1% every fortnight

While Frank pays you 1.8%pa the key is liquidity and access as you can withdraw anytime while Versa is only accessible 24hours after withdrawing before cut off on weekdays while 3 days lag when withdraw during weekend 

The key to Versa is not for returns but temporary  parking while waiting for better opportunities 

Isn't overnight interest the interest you would've lost because of the deposit processing time? So it isn't actually bonus interest? And at most just 1-2 days of their base interest p.a.?

Genuinely curious lol.

Something wrong you...........very misleading.

overnight interest seems No 1 in your brain,
Number 1 contributor to your ROI at 0.2% ?
How lah ?

See transaction record as proof

tell us how much you managed to milk from overnight interest
Mine only Rm1 - 2 each time i deposit? and paid only once that's it!
Just how much can you collect from that chicken feed ?

Bonus amount at RM50- RM120 , easily 50x  more than  overnight interest.
paid every month! This is less important than  overnight interest?

Payout amount is even bigger at RM200- RM400, easily 100-200x your overnight interest, paid twice a month somemore!
yet you said it is the worst component?

Apa macam lah thinking upside down.............
going for the shillings and dowan the dollars?

Overnight is an added interest because of precessing time hence it is actually gain
If you look at the payout from 2021 it is not that great in the scheme as you wouldn’t have the access to the money during weekends and 3 days within the deposit period so you’re actually losing out

If you compared to Frank 1.8% the difference negligible with the 0.1% while losing out on liquidity 

tak bole tahan oredi