MARI invest

jayvenkoh

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there is no real time price. u won't know your order price until it is confirmed the next day, and the annouced unit price is delayed by a day
Ok so if i sell that day, it will take the unit price that day or is based on that day when fund manager approved? I believe should be the latter right.
 

wutawa

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But why Mari SavePlus don't follow this well established norm for unit trust

I am amazed u can know the nav first before deciding whether to buy or sell
saveplus as mmf was marketed for fast trade (buy order done on same day and instant selling). unfortunately, ppl abused this feature so it is slowing down like Mii. orders process slower, unit price not updated promptly..
 
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wutawa

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ok lar, your order unit price is $9.65 (28 Oct). xd price so no payout.
if u bought 1 day earlier before 3pm, it will be $9.69 (27 oct). before xd price with $0.0512 payout.

u can find out the cut off for payout when u buy, by pressing the (i)
wow, $9.61 29 oct. -4¢ for 2 consecutive days. hehe
 

Jorgensen

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New to MII. Any know what are the estimated monthly payout say if put 10k?
And what strategy you adopted. I saw the price range 9.4x to 9.6x. So buy around 9.5x or 9.4x and sell at 9.6x? Any experts care to enlighten?
 

alanchia67

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