i think they might also be using the 'EAR' method
the closest i could get
(1+0.0363/366)^365-1

basically non-working days since no one is updating the NAV or processing cash in/cash out

how did you calculate?
the amount in versa app/aham iaccess is delayed, which displays the value as at 19 July 2024 (NAV=RM 1.2184)
22 July NAV=RM 1.2188

the return between 27-06-24 and 22-07-24 is roughly 3.82%



BUT that return may change, it was relatively low back in April 2024 (roughly 3.53%)

which incoming amount were u referring to?
reinvestment: unit increase & NAV drop, no change in the total amount
rebates: versa top up your account if u participate in their campaign

they used to guaranteed before April/May 2024 without condition, can't remember exactly
promotion now only top up for those who also enrol in versa invest
no mmf is capital protected as far as i know

what is versa highest interest rate?
each booster has its own T&C regarding the 'first available amount' eligible for booster reward
money booster
save booster

you could get the transparency from AHAM iaccess, easier to track history
the balance in Versa app can be confusing sometimes

if u r asking whether u would earn daily interest, yes
even if you submit withdrawal request on non-working day, it will be processed in next working day which shall based on the NAV of the working day instead of submission date
wouldn't be the same for cash in scenario

if u were referring to the amount showing in app, then it would be incorrect because the apps info is delayed
the best way to check would be the statement (showing the date, number of units and price)

AHAM iacess

there are 2 parts in your question
i) they certainly do not process cash-in/cash-out request outside their working hours
ii) whether these funds will be entitled to the interest

cash-out no issue, since they have not processed your request, would still be entitled to the interest as the NAV would be the time when they process instead the time of your request
cash-in is kind of different, NAV would also be the time when they process, i.e. Monday but the money is out so the bank etc would not credit interest/depending on the cut-off time such as go+

no, that is the net return u would have received in MAY 2024 only
could be higher or lower
NAV 31/5 RM 1.2351 + distribution RM 0.0025 = RM 1.2376
NAV 30/4 RM 1.2336
(1.2376/1.2336-1) = 0.3243%
(1+0.003243/31)^365-1 ~ 3.89%
April 2025 was ~ 3.59%

today's value isn't today's value actually

can't reconcile with your information
but the return between 17.5.25 and 11.6.25 is approximately 4.09% + referral bonus 1% ~ 4.19%?

the 8.1 unit is the referral bonus RM 10

3pm according to Versa

well, we know what the returns were between any period in the past but we won't know what the return will be
April 2025 was 3.59%

RM 104,700 is the weighted average of RM 80,700 (7 days) and RM 110,700 (28 days)
(RM 80,700 x 7 + RM 110,700 x 28) / 35

another perspective would be
RM 80,700 - 35 days @ 3.97% p.a.
RM 30,000 - 28 days @ 4.01% p.a.

my point is "Past performance is no guarantee of future results"
distribution = 0.25 cents per unit
89,646.98 x RM 0.0025 = RM 224.12
RM 224.12 / RM 1.2348 ~ 181.50 units

what you attached is the summary of the transaction
when you clicked into the transaction details, it would show the date of submission, processing & completion

i have no idea how the quest work

not necessarily
versa cash cutoff is 3pm, so quite likely had been processed yesterday
which means would have bought at the NAV of 25/6

if u read carefully, T+2 (completed date) is the day that your cash in would be reflected in Versa account
(the Versa balance in app is always lagged behind anyway)


could check the statement and would realise that the NAV of converting cash-in to units was based on processing date instead of completed date

it is highly likely that the NAV will be based on the processing date shown in the Versa app
however, would only get the interests from next day onwards
because when your cash-in were translated into units on 25/6 with NAV RM 1.2361
assuming withdrawing on 26/6 with NAV RM 1.2362, the gain is resulted from holding on the 26/6 instead of 25/6

This post has been edited by 1mr3tard3d: Jun 30 2025, 12:47 AM

well, business day only, the non-business days will be accumulated and be reflected on next business day

i have mentioned earlier that the balance will appear higher than its actual due to
it multiplied your post-distribution units 89,850.20 by the pre-distribution NAV RM 1.2384
tomorrow the balance will revert back to RM 111,072.82

i was referring to the overstatement of current value RM 111,270.49, while the available balance is accurate
but i got it wrong, the distribution unit not credited yet
so your actual units would be 90,031.91

i would avoid interpreting the result between 27/6 and 29/6 as the NAVs have not been reflected until 30/6

i would also exclude referral bonus