MARI invest

[ahchan]

just realised the bonus interest is not guaranteed, some days is 0

There is no Bonus interest in MMF....only returns. And returns are not guaranteed.
We already have many instances where the return is $0.
And in theory, the return can be negative also, which means it will deduct from your fund amount.

 

[cochran]

Anyone tried the mari invest income?

Thinking of adding in some fund to play a bit.

Qns. If to withdraw from mari invest income. How long then can get the fund out?

Thank you.

 

[CrashWire]

Anyone tried the mari invest income?

Thinking of adding in some fund to play a bit.

1.05% TER. Endowus is cheaper at 0.55% + 0.3%:

 

[nasilemak100]

Anyone tried the mari invest income?

Thinking of adding in some fund to play a bit.

Qns. If to withdraw from mari invest income. How long then can get the fund out?

Thank you.

the faq section in the maribank app should have

recall is T+2 (working days)

 

[Jorgensen]

Was Mari Invest saveplus daily return 0 for yesterday? Or I saw wrongly ?

 

[Jun666]

Was Mari Invest saveplus daily return 0 for yesterday? Or I saw wrongly ?

Yes
0

 

[erikospeed]

Was Mari Invest saveplus daily return 0 for yesterday? Or I saw wrongly ?

Yeah big fat 0

 

[cochran]

the faq section in the maribank app should have

recall is T+2 (working days)

So if i make a withdraw it will need 2 days before release the fund?

 

[SpicyBird]

Knn today 0 again???

 

[nasilemak100]

transfer all mari invest saveplus to mari invest income better ?

 

[CoffeeDrinker8899]

Knn today 0 again???

It is better to track the daily NAV change via their website, it is usually updated by the end of the day after 6pm.
https://www.lionglobalinvestors.com/en/fund.html?officialNav=OFBF

You should also try to understand the product more, by last Friday, you can already know the return you get today is zero. Because weekend is "non-trading" so the NAV does not change, what you get on Monday is actually the NAV difference from last Thursday to Friday.

It is better to look at the returns on a longer term basis, or at least on a monthly basis rather than focus on short term fluctuations. For the current situation, usually when the short term returns is on the higher side of 3%, it is not sustainable for this type of product to go higher, so it will pull back a bit and go sideways, eventually it will just average out.

 

[white_prince]

Knn today 0 again???

There are quite a number of days returning $0
Its $0 again today

 

[geographic]

The gap between Mari Bank and Mari Invest has become narrower.

 

[nasilemak100]

The gap between Mari Bank and Mari Invest has become narrower.

mari bank will drop to 2.28% in a few days

 

[alex22]

There are quite a number of days returning $0
Its $0 again today

Someone said its USD and ard 40% from MBS (mortgage backed securities) in FM+Freddie Mac right.

Refer news, they (Mari) may need to shift the basket liao

 

[lowveld]

Why today zero again? What's happening? Should I pull everything out now? Wtf.

 

[white_prince]

Why today zero again? What's happening? Should I pull everything out now? Wtf.

Zero started since last thursday

 

[white_prince]

Someone said its USD and ard 40% from MBS (mortgage backed securities) in FM+Freddie Mac right.

Refer news, they (Mari) may need to shift the basket liao

Thanks for explaining. Means we have to pull out soon.

 

[AndroidComa]

Thanks for explaining. Means we have to pull out soon.

why pull out, should double down cos they cannot maintain so many days with 0 mah
next few days will shoot up! else their returns will look like 1%, how to advertise?

 

[white_prince]

why pull out, should double down cos they cannot maintain so many days with 0 mah
next few days will shoot up! else their returns will look like 1%, how to advertise?

True.. haha! Actually my intention was to invest more