I have some questions.
1. If I deposit cash into Versa, assume it automatically goes into Versa Cash. Based on my earlier deposited RM 100, it seems to go into Versa Cash.
It is because you only have Versa Cash 🤦♀️ If you got multiple portfolio you will have to select
2. If I keep the money in Versa Cash up to 1 year, I can enjoy 4% rate (even I will deposit more cash or withdraw)?
Not necessary at that rate because they are using monthly variable base return hence you won’t until they announce the %
3. Can I lose money in Versa Cash if it under performs?
Very remote as it has never return a negative performance since inception
4. If I want to enjoy higher percentage, I will just invest in Versa Moderate or Versa REITs to enjoy higher %?
Not necessary as it is market dependent
5. So if my deposit is RM 1,000 and Versa moderate or REITs is low performing, can I lose all my RM 1,000?
High unlikely to be 0 unless the fund manager invests in bankrupt companies 🤦♀️
6. Similar to above, can I lose all and even owe Versa money?
Not possible because your are investing via cash only method
Seems you are more worried about losing money suggest you to just put into Versa Cash and Gold
Don’t waste your money buying into others as the fees and performance is not that consistent and it will eat in your returns