MARI invest

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ahchan

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peppermint7 said:
Must be because u called up. Thanks for the effort 👌
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Haha...I guess not lah....it should be within their plan to release it...just that this time, they take a bit longer time.

But glad to know that all eligible customers get their respective shares....
Huat ah!
 
peppermint7

peppermint7

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ahchan said:
Haha...I guess not lah....it should be within their plan to release it...just that this time, they take a bit longer time.

But glad to know that all eligible customers get their respective shares....
Huat ah!
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I also lost count. Not sure if i gotten 4.2% or 3.6%. But doesnt matter.
 
peppermint7

peppermint7

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Sambuca78 said:
Got the 190.25! Huat ah! :D

Total should be around 705.52 for 100k
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Ya! Ya! I gotten that too. So did we get 4.2%?

I can't remember how many months did we hold. I'm outside now. Later i reach home will check.
 
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peppermint7

peppermint7

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sglandscape said:
I calculated, about 4.18%, but could be because I participated on the first day instead of last day, scared not within the first how many
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Don't think last day can get 4%+
This is no choice one. Got to participate asap especially they have limited qty. One thing bad about them is they didn't tell us if we are successfully among 4.2% / 3.6%. Its until collect interest time got to ownself calculate then know.
 
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Uacesg

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Just got to know about this Mari Invest, is it the same as Mari Invest Invest SavePlus?

Any caveat or downside to this? so far the returns are always better than the 2.5% (Mari normal account) ?

Thanks!
 
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sibeiTrolled

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Uacesg said:
Just got to know about this Mari Invest, is it the same as Mari Invest Invest SavePlus?
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Yes and the fund is Lion-MariBank SavePlus SGD (Acc)
https://www.lionglobalinvestors.com/en/fund.html?officialNav=OFBF
Uacesg said:
Any caveat or downside to this?
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Some may call it "cash management account" or "cash investment".
If you have heard of fullerton cash fund, it is exactly that.
Not really invested much into this so maybe the other experts can tell you more.

Just some basic stuff for this mari invest
- No "payouts" on weekend
- Negative "payout" is possible (loss)
- Zero "payout" is possible
- Typically, weekends "payout" is on a tuesday
Uacesg said:
so far the returns are always better than the 2.5% (Mari normal account) ?
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Yes, so far.
You can have a look at the fact sheet
https://lgi.dzhintl.com/doc/uploads/documents/index.php?type=FS&fid=OFBF&lang=EN
 
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sglandscape

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sibeiTrolled

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sglandscape said:
One red flag is the word "hedged", means expect some returns to be lost due to the FX hedge part for investors who prefer not to take any FX risk
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Not so well versed in this, but dosen't this means that this fund is pooled and actively traded?

https://www.pimco.com/sg/en/investments/gis/income-fund/admin-sgd-hedged-income
Looking at the factsheet, looks like ~40% of it are Fannie Mae mortgage backed securities, which probably means nothing to me, since i don't know what that is....HAHA.

Just throwing info for anyone interested.
 
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