You want to check daily just check the fund itself EDEP

Btw the fund daily pricing update is delayed by a day during weekdays and 3 days by weekend

On the add 1.5% bonus paid out it should be given during mid Dec as I just received mine for Oct

Just another sales talk from Phillips future 🤦‍♀️ on PGWA Quant

PGWA Quant (Global & Asia Pacific)
Discretionary portfolio with mandates to invest into Global and Asia Pacific Shariah related companies. The equity portfolio consisted of 20 stocks with an average market capitalization of 6 billion USD. Each equity position was invested at equal weight of 5.00%. The investment’s net exposure was 100.00%. The factor weightings were 48% in earnings momentum and 52% in valuation

10x referral bonus from R+

Not so soon wait until middle of the month for bonus

This month also very late at around 20th paid out for bonus

On fund distribution it will paid out latest 28th each month or last Friday of the month whichever falls later

This post has been edited by xander2k8: Nov 29 2022, 03:37 AM

No such thing as it is Money Market Fund whatever you withdraw is the same as you won’t get the daily returns 🤦‍♀️

Payout is the base rate should be 2.75%

Rebate or bonus is the extra % above the base rate

4% only applies on Nov so base rate has been paid out and now wait another 2 weeks for bonus 1.25%

You can still withdraw and just wait for the bonus paid out

The best is to leave a minimum of 50 so that later you can withdraw with the full bonus

Paid out is to adjust the daily average of the fund hence it is adjusted only once a month

While rebate is to cover any shortfall of the projected returns

2.75% is paid out plus rebate plus daily adjustment of funds

Bonus is different from payout and rebates

Payout it is fixed while rebates is to cover the shortfall of base rate

Bonus is the promo currently additional 1.25% on top of base rate

GLD is cheaper is in the long term

RM is cheaper to buy in Bursa Gold ETF which is underlying fund

Can’t be bothered with both as it is feeder fund to those 2 Bursa ETF 🤦‍♀️ while paying management fee

Don’t bother for this year as it is only consolation prize 🤦‍♀️

We all only waiting for Feb 23 for grand prize 👏

Go read on the underlying fund as to why 🤦‍♀️ it is not cost efficient for them to redeem gold as it cost more on logistics as it is in Singapore unless you willing to pay for the costs incurred 🤦‍♀️

Key highlights


It’s backed by physical gold
A minimum 95% of the Fund’s assets are held in physical gold; purchased only from gold refiners accredited by the London Bullion Market Association (“LBMA”). These gold bars are held in a segregated and allocated manner, safe-kept in a secured vault in Singapore.

It’s Shariah-compliant
The Fund ensures that its operation fully abides the principles of the Shariah Law, and is guided by the Amanie Shariah Advisors.

It’s yours
Your units will entitle you to a portion of the gold held by the Fund. Rest assured that the gold is fully allocated and held in a segregated basis!

It’s hassle-free
The Fund is listed on Bursa Malaysia Securities which is accessible via online trading platforms – or if we may – the comforts of your own home. More importantly, there is no need for you to worry over logistics, insurance, or the safety of your gold!

Yes a bit messy but this time at least the bonus is actual money not the usual credited units

Messy it is because of fractional sum they have pay out the bonus coupled with rounding

Go read the campaign mechanics instead 🤦‍♀️

The Campaign Reward will be deposited into the User(s)’s Enhanced Deposit Fund in the form of units.
The base net return and promotion net return rate will be deposited into User(s) Enhanced Deposit Fund in the following month.

I got an account and I know how it works

Bonus is usually paid in units as if you know how to calculate and the mechanics of promotion have said so instead of you go misleading yourselves 🤦‍♀️

The bonus shown is monetary terms but paid out in units 🤦‍♀️

Under your transaction bonus is shown is monetary cash terms not units 🤦‍♀️ and it is only shown in units 3 days later

Payout is different because they take current existing units while adjusting the price

Both are different because one is price adjustment while another is injection 🤦‍♀️

Read

This campaign will end on 31 January 2023. 🤦‍♀️

Once you take out now promo for Dec and Jan is not valid for you 🤦‍♀️

The promo is until 31 Jan 2023 so extra 1.25% is until then

Just wait until Feb 2nd to cash out in order to maximise the bonus

No need to waste time to read whole report as most of it are rehashing only 🤦‍♀️

Only relevant are the few pages with numbers usually from page 4 onwards

Projected rate is only 2.75% 🤦‍♀️

Rebates make up the shortfall of 2.75% because of rounding calculation and it only will be paid out on middle month

Paid out + rebate is 2.75% and subject to rounding calculation +/-0.01

Only up to 30k only and it is a top up bonus of 1.25% on top of the projected rate and it will by end of this month 🤦‍♀️