Goodbye overnight interest.

Versa thinking of expanding into brokerage/robo/trading platform?

This post has been edited by Hoshiyuu: Feb 25 2022, 05:38 PM

Got RM5 for filling in previous survey.

This post has been edited by Hoshiyuu: Mar 9 2022, 06:40 PM

Mostly a mixed bag of random Affin Hwang UTs and popular US ETFs, high allocation in MMFs even in the most aggressive growth portfolio.

Mediocre choices and allocation with a massive 1% management fee. Won't even consider it personally.

This post has been edited by Hoshiyuu: May 9 2022, 07:29 AM

I mean, even looking past the fact that fund of funds is a terrible deal that is made for the fund manager to earn kickbacks while convincing the customer its "diversification via strategic allocations" and proceed to underperform the general market - the underlying funds for Versa Growth is like a case study for diworsification to me lol

Bleh, "projected" 4.1 instead of guaranteed, and still take two years to deposit and withdraw.

Misleading advertisment at worse, mediocre offering at best.

At 4% not really. Been using Rize instead myself, PIDM insured savings account, 5% on the first 5k, 4% on the rest. Instant withdrawal obviously. Temporary pulled out of all MMFs thanks to this promo. https://forum.lowyat.net/topic/5370177

Ends August 31 unfortunately, enjoying while it lasts.

Oh sweet! Not bad, shame there is no bump up in interest rate, hahaha.

Where did you find this notice? I can't find it anywhere.

For what it's worth, it's a saving account, so the money inside is PIDM insured. Money market fund is not risk-free even if the risk is relatively low.