MARI invest

[wutawa]

Why drop?

Mkt movement. If the assets that mii holding drop in value, its unit price will drop too. Price drop in sep has been a regular trend based on my observation.

 

[sp0inK]

Mkt movement. If the assets that mii holding drop in value, its unit price will drop too. It has been a regular trend based on my observation.

i am putting in quite a large sum into this fund (income) in sept. was wondering whether i should just lump sum it at the start or maybe put most of it into saveplus then withdraw every 1-2 days to transfer into income

 

[geographic]

Mkt movement. If the assets the fund holding drop in value, the unit price will drop. It has been a regular trend based on my observation.

i am putting in quite a large sum into this fund (income) in sept. was wondering whether i should just lump sum it at the start or maybe put most of it into saveplus then withdraw every 1-2 days to transfer into income

Should be spread out and purchased in tranches rather than in one lump sum. This will help to hedge against fall in the fund price. However, if you are lucky enough to buy in one lump sum at the lowest price, it will also be good, but that will be highly dependent on luck. This is just my personal opinion.

 

[wutawa]

i am putting in quite a large sum into this fund (income) in sept. was wondering whether i should just lump sum it at the start or maybe put most of it into saveplus then withdraw every 1-2 days to transfer into income

Ideally, u should put in when the price is low. However, it is quite volatile. Just make sure to buy before 2 days before payout date to get the payout.

 

[geographic]

Mkt movement. If the assets that mii holding drop in value, its unit price will drop too. It has been a regular trend based on my observation.

I observed that the fund price tends to fall after the payout, but will increase again subsequently. If this is the price pattern, selling at the beginning of the month is correct.

 

[~sabaisabai~]

Mkt movement. If the assets that mii holding drop in value, its unit price will drop too. It has been a regular trend based on my observation.

So cannot buy now?

 

[wutawa]

So cannot buy now?

If u holding long term, actually not much difference u buy now or later.

 

[peppermint7]

my understanding of the mechanics of the fund is the monthly payout is guaranteed at 6.6% pa

however principal will always be reduced

so the net return should be around 3-4% depending on the performance of the underlying assets

based on this, the performance should be ahead of mari savings and save plus long term if you are willing to take some risks of a potential drawdown

Here's an article that may help us understand these funds.

Weaving the Fullerton Cash Fund, United SGD Fund and Pimco GIS Income Fund into Your Financial Planning

https://investmentmoats.com/money/w...gis-income-fund-into-your-financial-planning/

 

[white_prince]

With effect from 16 June 2025, MariBank has introduced additional security measures to better protect you and keep your money safe.

These enhancements are in line with the Shared Responsibility Framework developed by the Monetary Authority of Singapore and the Infocomm Media Development Authority.

 

[peppermint7]

With effect from 16 June 2025, MariBank has introduced additional security measures to better protect you and keep your money safe.

These enhancements are in line with the Shared Responsibility Framework developed by the Monetary Authority of Singapore and the Infocomm Media Development Authority.

This is implemented back in June, you have done 30k without needing to go through that colorful face recognition. So is all good I somehow can fail that many times due to lighting issue. I felt giddy shortly after. I try to avoid face recognition as much as I could.

 

[~sabaisabai~]

Ideally, u should put in when the price is low. However, it is quite volatile. Just make sure to buy before 2 days before payout date to get the payout.

But how do we see if its low?
Let's say if we buy on Friday price before 3pm. So does it mean we lock in Friday nav? But pimco doesn't display and update the price daily right

 

[peppermint7]

But how do we see if its low?
Let's say if we buy on Friday price before 3pm. So does it mean we lock in Friday nav? But pimco doesn't display and update the price daily right

Don't think prices for Funds are ever locked in. We have to take a risk as we will never know the price we bought until they posted it few days later. Same goes for selling.
Not only for Pimco. Everywhere else the same.

 

[white_prince]

This is implemented back in June, you have done 30k without needing to go through that colorful face recognition. So is all good I somehow can fail that many times due to lighting issue. I felt giddy shortly after. I try to avoid face recognition as much as I could.

I had done once, the face recognition with many colors lol..that was in june itself. You failed that?

 

[peppermint7]

But how do we see if its low?
Let's say if we buy on Friday price before 3pm. So does it mean we lock in Friday nav? But pimco doesn't display and update the price daily right

@alanchia67 did share a trick though.

Yup that's the one.

The URL from PIMCO is in the link below.
https://www.pimco.com/sg/en/investments/gis/income-fund/admin-sgd-hedged-income

Usually my trick in getting the best NAV price is to compare the actual value from the official site (such as PIMCO) and compare the platform price (for example Mari Invest Income). There is always a lag.

I'll buy when the published price from official site is favorable. By the time the broker/platform execute (either T+1 or T+2) will usually match the official NAV.

I have more success using this method, for other Unit Trusts too (such as Amundi PRIME USA SGD).

 

[peppermint7]

I had done once, the face recognition with many colors lol..that was in june itself. You failed that?

Yeah that's the one..

Yah.. 2 things i don't like are

1) they keep spam me credit card promo though i don't own their cc.

2) Singpass Face Recognition goes red blue yellow orange purple until makes me giddy. Worse is they can't capture correctly and have to redo all over again multiple times on certain days. Before it goes through, i already black out.

 

[~sabaisabai~]

@alanchia67 did share a trick though.

Thanks

 

[wutawa]

.

My 54c is being reinvested

my payout taking more than 2 days to be completed
29 aug 12.50pm order submitted
1 sep 11.58am order confirmed
expected to be completed by 3 sep

 

[geographic]

my payout taking more than 2 days to be completed
29 aug 12.50pm order submitted
1 sep 11.58am order confirmed
expected to be completed by 3 sep

Your selling price is based on the fund price for 1.9.25. Not sure why it is taking so long to update. Now is still showing the fund price for 29.8.25. Hopefully, you will get a good price.

 

[peppermint7]

my payout taking more than 2 days to be completed
29 aug 12.50pm order submitted
1 sep 11.58am order confirmed
expected to be completed by 3 sep

They're really slow.. btw u received their in app noti about all eligible customers who are entitled to receive the $8 worth Bonus Unit reward will be notified by 7th September?
Also, we are free to sell it now. Are you going to sell? I only put $100 in it

 

[alanchia67]

1st Sept 2025 is USA's Labour Day. Thus NAV for PIMCO won't be updated until a day later. Perhaps why there will be a day delay for transactions since we have to wait for 2nd Sept 2025 NAV.