MARI invest

[peppermint7]

See? I knew from the start that this is an attractive marketing trick.

They still haven't pay us $8 yet

 

[wutawa]

I'll buy after 4pm
Cos yesterday i go park at Saveplus to earn 50c later 4pm they release my fund I'll buy.

If u buy after 4pm today, your buy price should be on 18 sep which is the confirmed date.
If u buy before 3pm, your buy price will be on 17 Sep.

 

[peppermint7]

If u buy after 4pm today, your buy price should be on 18 sep which is the confirmed date.

I buy now also show 18th.

Later @sp0inK says i buy 100k quiet quiet buy, u a piece of leaf buy 10k so noisy

 

[wutawa]

U forgot to add a few zeros behind leh

I wish too but I am only getting $8 reward.

 

[peppermint7]

If u buy after 4pm today, your buy price should be on 18 sep which is the confirmed date.
If u buy before 3pm, your buy price will be on 17 Sep.

It says
Order to be confirmed by FM
Expected by 17/9 4pm

View holdings and start tracking returns
Expected by 18/9 6pm

 

[~sabaisabai~]

Bought liao. I just top up to make it 10k easy for me to monitor

Wah. U really fast hand fast leg

 

[spectral]

which one more worth it? save or income?

 

[~sabaisabai~]

which one more worth it? save or income?

define better?

you know that investment comes with risk?

depends on your risk appetite

 

[alanchia67]

which one more worth it? save or income?

If you want capital gain, Mari Invest Saveplus will be the better option. You will get almost daily 'interests' due to gain in NAV (the underlying investment is Lion-Maribank Saveplus, which is a hybrid of several LionGlobal funds).
If you want fixed income per month and will not mind suffering capital lost, Mari Invest Income will be the better option (because the underlying investment is PIMCO GIS Fixed Income).

Regardless, if you have other investments - you may want to check what the underlying funds are. May not be wise to stack them if you have already invested in other Cash Management Account.

 

[AnTiLooP]

Intend to invest 20k in income. May I know when's the best day to go in as I understand it's T+2 ?

Next wed ? Wanna catch it before the month closes.

 

[alanchia67]

Intend to invest 20k in income. May I know when's the best day to go in as I understand it's T+2 ?

Next wed ? Wanna catch it before the month closes.

You can monitor the PIMCO NAV history in the official website to determine what was the trend. Previously, it's usually the first few days of the calendar month which the NAV will drop.

However now with pending Fed rate cuts, the historical trend may not be applicable. Furthermore, the NAV is all-time-high.

 

[AnTiLooP]

I don't quite bother with NAV, just wanna meet the monthly cut off time.

Actually, not that I don't bother it's more like I do not understand it. Haha

 

[wutawa]

I don't quite bother with NAV, just wanna meet the monthly cut off time.

Actually, not that I don't bother it's more like I do not understand it. Haha

Payout on 30 sep. Official cut off on 26 Sep before 3pm but I suggest u to buy on 25 Sep before 3pm because I experienced t+3.

 

[peppermint7]

However now with pending Fed rate cuts, the historical trend may not be applicable. Furthermore, the NAV is all-time-high.

ATH not $11+ meh is there no possibility that it'll climb back up to $11? Or the fate of this income fund is to head towards $1 eventually? honest question.

 

[alanchia67]

ATH not $11+ meh is there no possibility that it'll climb back up to $11? Or the fate of this income fund is to head towards $1 eventually? honest question.

I wish I have a time machine.

 

[peppermint7]

Our chatgpt says this.

The PIMCO Income Fund (whether in USD, SGD-hedged, or other share classes) is not a stock, but a bond/income-focused mutual fund. Its price (NAV) works very differently from equities.

Why it’s unlikely to go back to $11 easily

Bond yields and NAVs move inversely: When interest rates were very low (pre-2022), bond prices were high, and the fund’s NAV hovered around $11. As rates shot up, bond prices fell, and so did the fund’s NAV.

For the NAV to climb back to $11, we’d need a huge fall in interest rates globally — to levels similar to, or lower than, the 2020–2021 period. That scenario looks less likely unless there’s a severe recession or crisis.

Why it probably won’t “go to $1”

The fund is diversified across global fixed income, with active management by PIMCO.

It pays steady monthly distributions (which is the main appeal — income, not capital growth).

NAV erosion can happen gradually if distributions consistently exceed income (a “return of capital”), or if credit/default losses hit the portfolio. But a collapse toward $1 would imply catastrophic losses across hundreds of bonds — very unlikely unless PIMCO itself implodes.

What’s more realistic

The NAV may stay in a range around today’s levels (say $7–$9, depending on rates).

Investors generally hold this fund for the monthly income stream, not for NAV appreciation.

If rates are cut, NAV might recover some ground, but a full return to $11 would require extraordinary rate conditions.

Think of it this way:

Stocks → held for growth.

This fund → held for income + some stability, not for big price upside.

 

[peppermint7]

If based on $7 to $9, it is indeed at "ATH" for today's price

 

[peppermint7]

For the NAV to climb back to $11, we’d need a huge fall in interest rates globally — to levels similar to, or lower than, the 2020–2021 period. That scenario looks less likely unless there’s a severe recession or crisis.

Don't quite understand this point as the interest rate now seems heading towards 2020-2021 period..

 

[~sabaisabai~]

If based on $7 to $9, it is indeed at "ATH" for today's price

buy no scare, scare no buy

 

[~sabaisabai~]

ATH not $11+ meh is there no possibility that it'll climb back up to $11? Or the fate of this income fund is to head towards $1 eventually? honest question.

price will not fluctuate significantly
buying income is for the dividend? just park there lor