MARI invest

[peppermint7]

oh, i dont know abt this promo. i dont spend $300 anyway...

I think I'll just go buy NTUC gc. Or you can also buy Sheng Siong gc. I heard Sheng Siong gc doesn't have expiry date. You can slowly slowly use. Provided you are still within 30 days from opening. Free $30 why not?

I just sign up. Wah not bad. Still can get $12 off on Shopee. Thanks for the heads up @wutawa

 

[white_prince]

Today is mari income payout day.
Hope that you guys are happy!

 

[alanchia67]

Today is mari income payout day.
Hope that you guys are happy!

Reinvest!

 

[nasilemak100]

Today is mari income payout day.
Hope that you guys are happy!

with ocbc reducing interest....am contemplating whether to put more into mari income

 

[white_prince]

with ocbc reducing interest....am contemplating whether to put more into mari income

Always put into a better place

 

[alanchia67]

with ocbc reducing interest....am contemplating whether to put more into mari income

Please compare liquidity, risk tolerance for your immediate cash, and the sequencing of your future draw-down plan.

 

[wutawa]

Reinvest!

correct me if i am wrong. u will get slighly more payout in jul than in jun since u reinvest right? otherwise your payout should be roughly same.

 

[alanchia67]

correct me if i am wrong. u will get slighly more payout in jul than in jun since u reinvest right? otherwise your payout should be roughly same.

Yup will be slightly more payout. Since I do not need the income as yet, I may as well buy more units (however small they are) and continue till I am retired (which is soon, I hope).

 

[white_prince]

If X 4 becomes the norm, the return will be less than 2%.

As this is a fund where invested fund return and capital sums are not guaranteed, the return of less than 2% is considered low.

they gave 6X this week cos they heard you

 

[geographic]

they gave 6X this week cos they heard you

The Fund Managers need to work hard; otherwise, they will face the harsh reality of investors withdrawing their funds for better options. I just purchased FWD Series 7 policies at 2.6% p.a. for maturity in two years, with my GXS funds that have matured. GXS is currently offering 1.98%.

 

[white_prince]

The Fund Managers need to work hard; otherwise, they will face the harsh reality of investors withdrawing their funds for better options. I just purchased FWD Series 7 policies at 2.6% p.a. for maturity in two years, with my GXS funds that have matured. GXS is currently offering 1.98%.

1.98% not bad but your FWD save smart series is better…it has been fully subscribed

 

[greatgreenman]

What has been the payout for income? Is it anywhere close to the 6.6% they listed?

 

[alanchia67]

What has been the payout for income? Is it anywhere close to the 6.6% they listed?

It depends on the NAV when you purchase. Right now the NAV is rather high. Those who bought earlier at lower rate have profited.

By the way, the 6+% is since inception. It's different from payout rate which is about 4.5% now.

 

[wutawa]

What has been the payout for income? Is it anywhere close to the 6.6% they listed?

The payout per unit has been $0.0512 since sep 2022. Based on current unit price $9.53, the payout is 6.447% p.a. or 0.537% per mth.

(Not vested)

 

[alanchia67]

For past history of distribution, click on the link and click distribution.
https://www.pimco.com/sg/en/investments/gis/income-fund/admin-sgd-hedged-income

You'll notice the dividend per share (aka monthly interest) is rather consistent.

 

[sp0inK]

thinking to transfer from invest to income. the next payout date is end of july. i should just hold until a few days then buy a few days before the payout date?

 

[alanchia67]

thinking to transfer from invest to income. the next payout date is end of july. i should just hold until a few days then buy a few days before the payout date?

If you are really concerned, you may as well monitor the PIMCO NAV before buying. Yes the payout is not pro-rated, but the NAV will determine how many units you can buy and will directly impact how much payout you'll get.

And of course will impact future market value (when the NAV increases or decreases). The current NAV of 9.49 is a little high.

 

[silentears]

can check mari invest save plus
why are some the days 0 returns? is it because no changes to the NAV?

then the next day will be double returns?

recalled that was a post for this previously on mon- to fri which day got interest in
thanks

 

[alanchia67]

can check mari invest save plus
why are some the days 0 returns? is it because no changes to the NAV?

then the next day will be double returns?

recalled that was a post for this previously on mon- to fri which day got interest in
thanks

Yes the Interest is determined by the NAV. Just like other Unit Trusts, there will be days the NAV is unchanged.

 

[wutawa]

can check mari invest save plus
why are some the days 0 returns? is it because no changes to the NAV?

then the next day will be double returns?

recalled that was a post for this previously on mon- to fri which day got interest in
thanks

Saveplus is an investment, returns not guaranteed. The daily returns can be positive, zero, or even negative. Getting zero doesn't mean the next day will double. Tue and PH(+2 business days) usually has more returns.

https://www.maribank.sg/help-centre...y-return-on-weekends-for-mari-invest-saveplus