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Investment Versa

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kkk8787
post Jun 23 2021, 10:12 AM

Julyd8th
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I deposited after office hour on Friday till now not reflected is that normal
My first deposit
kkk8787
post Jun 23 2021, 10:24 AM

Julyd8th
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I’m a bit confused regarding this versa. Do they actually deposite in varying durations of FDs like cash management funds or some other riskier ones like bonds
kkk8787
post Jun 23 2021, 12:31 PM

Julyd8th
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QUOTE(DragonReine @ Jun 23 2021, 12:01 PM)
It's mostly FD and fixed income, no bonds:

https://my.morningstar.com/my/report/fund/p...px?t=0P00008ME1
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What are fixed incomes ya
kkk8787
post Jun 23 2021, 07:48 PM

Julyd8th
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No place to read their exact holdings now?
kkk8787
post Jun 24 2021, 03:02 PM

Julyd8th
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Just checked with versa yes they only invest in FDs
kkk8787
post Jun 25 2021, 05:47 AM

Julyd8th
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QUOTE(xander83 @ Jun 25 2021, 04:21 AM)
Withdraw on Wed or Thursday after payout is the best  rclxms.gif
Only FDs up to 762 days maturities hence Versa will always be positive just the return is getting lower now as ppl are starting to withdraw FDs to survive FMCO  doh.gif
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Y wed and Thursday best
kkk8787
post Jun 28 2021, 06:42 AM

Julyd8th
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QUOTE(Mr.Weezy @ Jun 27 2021, 01:33 PM)
same, many here also long time users, get nothing from opening acc
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Well I registered a week ago got nth .
kkk8787
post Jan 2 2024, 12:56 PM

Julyd8th
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I cashed out 25k from versa last week how come my bank is only showing 24975.07 today

user posted image
kkk8787
post Jan 2 2024, 01:12 PM

Julyd8th
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QUOTE(ericlaiys @ Jan 2 2024, 12:59 PM)
based on UT price. check your app on other balance
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Ei I thought versa cash is fixed one kan
Capital always preserved
kkk8787
post Jan 2 2024, 01:20 PM

Julyd8th
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QUOTE(ericlaiys @ Jan 2 2024, 01:15 PM)
nope. it is based on UT price. You're putting it into MMF UT. So price can go up or down. since mmf, it is low risk, since it is an investment. therefore not covered by pidm
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I see so there was a drop in price from last Thursday till this Tuesday
kkk8787
post Jan 2 2024, 01:24 PM

Julyd8th
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QUOTE(ronnie @ Jan 2 2024, 01:23 PM)
then you didn't read the Product disclosure sheet or Prospectus
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Ya I admit I didn’t. My bad
I just treat it as a place for me to park , sort of like savings so every month park monthly salary and withdraw the amount few days later when asnb is available

This post has been edited by kkk8787: Jan 2 2024, 01:25 PM
kkk8787
post Jan 2 2024, 01:50 PM

Julyd8th
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QUOTE(xander2k8 @ Jan 2 2024, 01:29 PM)
They are doing reinvest monthly at 🤦‍♀️ end of the month it will drop in price but your units will grow up so later it will be the same after 1st week of the month
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So when I withdraw 25k it is normal for me to get around rm25 less in bank account right
The 25 will be sort of credited back to versa later on
kkk8787
post Jan 2 2024, 02:38 PM

Julyd8th
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QUOTE(ronnie @ Jan 2 2024, 02:24 PM)
you withdraw at the wrong time only... when reinvestment happened on 28/12/2023.
Reinvestment = NAV price lowered = lower value per unit.
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Opps
Did I lose anything
I assume the difference will be credited back to versa right
kkk8787
post Jan 2 2024, 05:08 PM

Julyd8th
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QUOTE(virtualgay @ Jan 2 2024, 04:56 PM)
do note that u must at least have RM100 else they will consider your account tutup then wont even credit back
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Noted bro
Seems all well nothing lost from my cursory reading above
kkk8787
post Jul 5 2025, 07:18 AM

Julyd8th
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My god woke up and realize 6 figure amount dissapeared from my account. Left with 5 figure in it. What happened !!!
kkk8787
post Jul 5 2025, 07:23 AM

Julyd8th
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Anyone else having money dissapearing from versa
Anywhere to find the actual amount and fight back
6 figure wiped out overnight
kkk8787
post Jul 5 2025, 09:02 AM

Julyd8th
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QUOTE(guy3288 @ Jul 5 2025, 08:41 AM)
Wah bro betul kah ni?

6figures wiped out! All gone lah rm300000 hilang?

I have a friend inside Versa
Provide further details here.
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Strangely woke up 7am 6 figure gone

Then 30 mins later half of it appears back

And another 20 mins later the rest reflected

System issue?

Now I’m scared
How do I keep track of all the money I have inside

I do not have evidence of it for future reference

This post has been edited by kkk8787: Jul 5 2025, 09:02 AM
kkk8787
post Jul 5 2025, 11:10 PM

Julyd8th
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QUOTE(1mr3tard3d @ Jul 5 2025, 11:52 AM)
u may register at i-access to view/download
can't remember when they announced it, should be able to find the announcement if u didn't delete old emails
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This is fantastic
Thanks

 

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