MARI invest

alanchia67

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My strategy is to put 1:2 ratio into SavePlus:Income. Gains in SavePlus will hedge any capital lost in PIMCO, and you get fixed income from PIMCO.

For example 20K into SavePlus and 40K into Income.
 

sibeiTrolled

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I thought Saveplus more consistent.
Just not 100% consistent
I wonder if the interest from the savings account will actually beat the performance of this fund
If you are referring to the mari bank rates, it will drop to 1.88% on 16 June

So... ya, this MMF still is decent, but do not "use" it as a savings account and dump your entire account in as it still need time to sell and credit back your amount back to you, unless <10k withdrawal
 

wutawa

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Thanks. I thought Saveplus was more consistent. 25 days of zero seems quite substantial. I wonder if the interest from the savings account will actually beat the performance of this fund
U can try saveplus for 4 wks and calc your returns:
Yield = total return × 13 ÷ capital × 100%
I am very sure savings can't beat saveplus but savings is good for ppl who like to see int everyday.
 

white_prince

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U can try saveplus for 4 wks and calc your returns:
Yield = total return × 13 ÷ capital × 100%
I am very sure savings can't beat saveplus but savings is good for ppl who like to see int everyday.
Kor kor is it x 12 or x 13? hehe
x12 = 2.70%
x13 = 2.90%
 

wutawa

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just got the popup new promo "Mari invest savePlus hotter potential returns up to 3.73% PA"
Rather than the estimated 3.73%, it is actually $8 worth of saveplus fund for every $10k increment
Cap $8 × 5, 1st 2500 customers.
 
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camholicx

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"Mari invest savePlus hotter potential returns up to 3.73% PA"

Can i withdraw from Saveplus.. wait for 2 days then top up?
 

sibeiTrolled

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"Mari invest savePlus hotter potential returns up to 3.73% PA"

Can i withdraw from Saveplus.. wait for 2 days then top up?
“Incremental Investment” refers to the investment(s) in the Fund that will be recognised for the Promotion rewards as detailed in clause 4.1. Bonus Returns will be awarded to an Eligible Customer if he/she:
(a) submits buy order(s) for units in the Fund during the Purchase Period, which are successfully completed, that equal to or exceed SGD10,000 after deduction of the amount of any sell order(s) made during the Purchase Period; and
(b) does not make any sell orders of the Fund in the Holding Period.

Purchase Period” means the period from 10 Jun 2025 to 17 Jun 2025, both dates inclusive).

“Holding Period” means the period from 18 Jun 2025 up until 15 Jul 2025, 23:59 (both dates inclusive).

TNC - https://banking-aka-storage.mariban...romotion_Terms_&_Conditions_10062025.docx.pdf

TLDR - No, you are in the purchase period now. Can't play cheat
 

Sambuca78

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“Incremental Investment” refers to the investment(s) in the Fund that will be recognised for the Promotion rewards as detailed in clause 4.1. Bonus Returns will be awarded to an Eligible Customer if he/she:
(a) submits buy order(s) for units in the Fund during the Purchase Period, which are successfully completed, that equal to or exceed SGD10,000 after deduction of the amount of any sell order(s) made during the Purchase Period; and
(b) does not make any sell orders of the Fund in the Holding Period.

Purchase Period” means the period from 10 Jun 2025 to 17 Jun 2025, both dates inclusive).

“Holding Period” means the period from 18 Jun 2025 up until 15 Jul 2025, 23:59 (both dates inclusive).

TNC - https://banking-aka-storage.mariban...romotion_Terms_&_Conditions_10062025.docx.pdf

TLDR - No, you are in the purchase period now. Can't play cheat
Hmmm.... If i already have 50,xxx now in Mari saving account, the max i can participate in the saveplus promo will be 100k - 50xxx, correct?

Cause if i remember correctly, the max we can fast into the savings account is cap at 100k.
 

wutawa

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Hmmm.... If i already have 50,xxx now in Mari saving account, the max i can participate in the saveplus promo will be 100k - 50xxx, correct?

Cause if i remember correctly, the max we can fast into the savings account is cap at 100k.
U need to buy $50k of Mari invest saveplus from your savings acct. Your savings acct balance has no impact on this promo.
 
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Pronewbie

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Interesting that I've read how saveplus isn't giving returns for weeks? I've been getting returns no issues on par or better than syfe. I've just topped up more with the latest promo that gives 1% extra for a month. With T-bills yields so low thanks to foreign investors fleeing the USD and parking in a safe haven like SG, I've been putting some of my matured t bills into these MMFs for higher yields.

With these kinds of promos, so far so good.
 

Pronewbie

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Hmmm.... If i already have 50,xxx now in Mari saving account, the max i can participate in the saveplus promo will be 100k - 50xxx, correct?

Cause if i remember correctly, the max we can fast into the savings account is cap at 100k.
The promo is capped up to 50k anyway. And I believe you can always top up more than 100K anyway. When you sell off you can set the transfer to another bank account.
 

sibeiTrolled

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Hmmm.... If i already have 50,xxx now in Mari saving account, the max i can participate in the saveplus promo will be 100k - 50xxx, correct?

Cause if i remember correctly, the max we can fast into the savings account is cap at 100k.
User can put in 100k max in maribank at any point of time. Interest computed daily and given to you are not within this limit (i think).

The promo only capped at 50K incremental anyways so no point going over that.

Point 4.1 - Promotion Mechanics
The first 2,500 Eligible Customers to complete an Incremental Investment of SGD10,000 to SGD50,000 as detailed in clause 2.9, with Fresh Funds as detailed in clause 2.5, will be entitled to receive SGD8 worth of Bonus Returns in the Fund for every SGD10,000 of Incremental Investment, capped at a maximum reward of SGD40 worth of Bonus Returns per customer. The Incremental Investment will be recognised in multiples of SGD10,000, with any amounts in excess of such multiples disregarded for the purposes of calculating the Promotion reward.
 

Pronewbie

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Is there anyway to tell if we are still under the first 2500 applicants eligible for the promo?
Just called their hotline. We'll only be informed after the holding period (within 1 - 2 weeks). I'm not going to fuss too much over it since it's only $40 and recent returns have been better than if I'd put my money in T-Bills.
 
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