MARI invest

[cochran]

Hi All

Under Mari invest. There is this "Mari Invest Saveplus" at 3.4%pa and this "Mari Invest Income" at 4.18%pa

I have some fund in the saveplus. Just got to saw this invest income option.

Any expert can advise what is the different between these 2 options? And wise to switch the fund to the income option?

Thank you.

 

[ctan84]

Hi All

Under Mari invest. There is this "Mari Invest Saveplus" at 3.4%pa and this "Mari Invest Income" at 4.18%pa

I have some fund in the saveplus. Just got to saw this invest income option.

Any expert can advise what is the different between these 2 options? And wise to switch the fund to the income option?

Thank you.

The latter is higher risk for higher returns loh. You need to see the what's the basket of funds in it to compare. From the pic I saw, the latter is global bonds, so definitely much more volatile.

 

[s0crates]

Hi All

Under Mari invest. There is this "Mari Invest Saveplus" at 3.4%pa and this "Mari Invest Income" at 4.18%pa

I have some fund in the saveplus. Just got to saw this invest income option.

Any expert can advise what is the different between these 2 options? And wise to switch the fund to the income option?

Thank you.

Endowus has the same fund as invest income for cheaper. Unless you want to get the shopee voucher or really treasure the convenience there is no reason to use Mari invest

 

[oceanicmanta]

Endowus has the same fund as invest income for cheaper. Unless you want to get the shopee voucher or really treasure the convenience there is no reason to use Mari invest

may I know "cheaper" in what sense ? lower management fee ?

 

[s0crates]

may I know "cheaper" in what sense ? lower management fee ?

Ya lower management fee. The fund fee is more expensive on Mari invest compared to endowus institutional share class + endowus fee.

 

[oceanicmanta]

Ya lower management fee. The fund fee is more expensive on Mari invest compared to endowus institutional share class + endowus fee.

thanks

wld u know what is Endowus fee for say PIMCO GIS Income Fund .. or the range ?

 

[s0crates]

thanks

wld u know what is Endowus fee for say PIMCO GIS Income Fund .. or the range ?

0.55% for fund fees + 0.3% endowus fee. Lower than Mari invest but need minimum of $100 per investment.

 

[BBQ99]

0.55% for fund fees + 0.3% endowus fee. Lower than Mari invest but need minimum of $100 per investment.

I thought i saw in the app they put zero transaction fee from Mari. So should only be fund fee?

 

[s0crates]

I thought i saw in the app they put zero transaction fee from Mari. So should only be fund fee?

Endowus uses a cheaper fund compared to Mari so overall cost is better to use endowus

 

[BBQ99]

Oh so net net Endowus is cheaper

 

[pixelspics]

Endowus has the same fund as invest income for cheaper. Unless you want to get the shopee voucher or really treasure the convenience there is no reason to use Mari invest

how about mari invest save plus, is it the same fund as endowus? Since it will be less risk, although lesser reward.

 

[Cedric7]

Endowus uses a cheaper fund compared to Mari so overall cost is better to use endowus

Hi, which one are u referring to stable, higher or future income?

 

[FlyGuardX]

wow this saveplus got 3.52%

 

[camholicx]

better than Chocolate. Going to move my funds over.

 

[nasilemak100]

wow this saveplus got 3.52%

Where is this saveplus??

 

[wutawa]

Where is this saveplus??

The default mari invest. U can buy and sell at any time from maribank app.

 

[nasilemak100]

saving acct interest rate drop to 2.28% from 1 april 2025

 

[white_prince]

The default mari invest. U can buy and sell at any time from maribank app.

Will mari invest have returns on weekends?

 

[FlyGuardX]

Will mari invest have returns on weekends?

usually compensate back on tues i think

 

[s0crates]

Hi, which one are u referring to stable, higher or future income?

Just the pimco income fund. You need to look beyond the product wrapper and compare the real investment product behind.