Investment Versa
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 Apr 13 2021, 10:51 AM
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#1
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Junior Member
524 posts Joined: May 2019  
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QUOTE(spreeeee @ Apr 13 2021, 10:19 AM) deposited last night, and till now it still show status "deposit in transit".. how long does it usually take? As per my experience, the money you bank in should invest in 1 - 2 biz days. But it will took few more days to reflect in Versa. |
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Jun 12 2021, 11:44 PM
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#2
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Junior Member
524 posts Joined: May 2019
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QUOTE(Qanxia @ Jun 12 2021, 04:08 PM) anyone facing this issue? I deposit RM500 and receive 0.34 units in notification. But in actual in transaction only show 0.29 units. The 0.34 is the distribution you received, it should be RM 0.34 not in units. The distribution(RM 0.34) reinvested then you get 0.29 units. |
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Jun 30 2021, 11:13 AM
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#3
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Junior Member
524 posts Joined: May 2019
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QUOTE(spreeeee @ Jun 30 2021, 08:53 AM) sorry if noob question, does the daily interest earning based on total balance or principal? Example you invest RM 1k (NAV : 1.0000 per unit), then you will get 1000 units. If today NAV become 1.0001, then your total amount become RM 1,000.10 The interest earning will be RM 0.10 |
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Jul 6 2021, 07:06 PM
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#4
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Junior Member
524 posts Joined: May 2019
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QUOTE(ronnie @ Jul 6 2021, 04:08 PM) i know it does nothing much... it just i feel i buy more units at lower NAV.. right ? It's not much different for small amount, unless everytime you invest 100k. |
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Jul 18 2021, 01:27 PM
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#5
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Junior Member
524 posts Joined: May 2019
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QUOTE(CoronaV @ Jul 18 2021, 11:45 AM) Receive payout 5.3 units. But not reflected on the total balance. How much i get for the payout in rm? Currently the NAV = RM 1.1715, 5.3 units is around RM 6.20 |
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Jul 18 2021, 07:06 PM
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#6
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Junior Member
524 posts Joined: May 2019
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QUOTE(CoronaV @ Jul 18 2021, 02:56 PM) Payout on 15/7 as in notification so i can see the crediting tomorrow? The distribution units should reflected in the units you hold. |
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Aug 19 2021, 10:02 AM
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#7
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Junior Member
524 posts Joined: May 2019
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QUOTE(moonsatelite @ Aug 19 2021, 09:55 AM) Hi Lads and Lasses, for Versa a.k.a Money Market Funds, does the concept of D.C.A applicable for this if I wanna open an account or I can just dump a significant sum into Versa? Thanks in advance. For Money market fund, DCA not so useful. |
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