Sunday 4 September 2022

Versa Cash & Versa Invest

 

Versa Save

Projected net return: 2.5% p.a.

Reinvest payout as units at end of the month (2 working days)

Management fee: 0.30% p.a.

Trustee fee: 0.05% p.a.

* Earn 3.2% p.a. for your first RM 30,000 until 31/12/2022.


Versa Invest

Suitability Assessment Test

- Suggest fund based on few questions on your investment objectives, risk tolerance, etc. 

- May change to Moderate / Growth after the test

Management fee: 1% p.a.

Sales charge: 0%

Redemption fee: 0%

Trustee fee: 0.04% p.a.

Fund level fee: 0.6-0.76% p.a.


Versa Moderate

3Y annualised return: 6.3%

Fund allocation [30/6/2022]

Fixed Income: 66.5%, Equity: 32.8%, Cash & Cash Equivalents: 0.7%

HSBC US Dollar Liquidity Fund (25%)

Affin Hwang Aiiman Money Market Fund (17%)

Affin Hwang Select Bond Fund (9%)

Affin Hwang SGD Bond Fund (8%)

PIMCO Income Fund (8%)

iShares Core S&P 500 (7%)

iShares MSCI USA Islamic ETF (7%)

Vanguard Total Stock Market ETF (7%)

Affin Hwang Select Asia (ex Japan) Opportunity Fund (6%)

Vanguard FTSE Europe ETF (6%)


Versa Growth

3Y annualised return: 12.7%

Fund allocation [30/6/2022]

Fixed Income: 27.8%, Equity: 70.6%, Cash & Cash Equivalents: 1.6%

HSBC US Dollar Liquidity Fund (22%)

iShares Core S&P 500 (15%)

iShares MSCI USA Islamic ETF (15%)

Vanguard Total Stock Market ETF (15%)

Vanguard FTSE Europe ETF (10%)

Affin Hwang Aiiman Money Market Fund (6%)

Affin Hwang Select Asia (ex Japan) Opportunity Fund (5%)

iShares MSCI China ETF (5%)



Process

Time (working days)

Min. amount (RM)

Remark

Verification

2-4



Deposit (FPX)

1-2

(first deposit: up to 5)

1 (Versa Cash),

100 (Versa Invest)


Withdrawal

1 (Versa Cash)

6 (Versa Invest)

50 (Versa Cash)

100 (Versa Invest)

- Not available at 1-2 a.m.

- Can make full withdrawal

Fund switch

(Cash to Invest)

2

100

- Not available at 12-2 a.m.

Fund switch

(Invest to Cash)

8

100

- Not available at 12-2 a.m.


PROS: No fees for withdrawal, switch fund. No minimum balance.

CONS: Not protected by PIDM



1. Download app.

Play Store | App Store | App Gallery

Use my referral link 7JYKJPDJ to get RM 10 after your deposit of RM 100.


2. Create account. Enter details. Require IC and selfie as verification.

3. Select fund to deposit. 

Wednesday 28 January 2015

[WW] Quiz: Win flight ticket to US [23/2/2015]

Deadline  23 February 2015

Type  Quiz

Prizes
2 x Economy class return flight ticket to U.S.

Answers:
1. Which state is also known as the sunshine state?
Answer: C) Florida

2. In which state is New Orleans, famous for its Mardi Gras?
Answer: A) Louisiana

3. In which state is Arches National Park?
Answer: C) Utah

4. Which state begins the day with 'Aloha'?
Answer: A) Hawaii

5. In which state will you find the Las Vegas showgirls?
Answer: B) Nevada

I want to win this!

Thursday 18 December 2014

[WW] Quiz: Win flight tickets to Curacao [12/1/2015]

Deadline  12 January 2015

Type  Quiz

Prizes
2 x Flight tickets to Curacao
Samsung Galaxy K Zoom
KLM & Miffy suitcase
Galaxy Tab S 8.4
Buddha to Buddha bracelet

Answers:
1. What makes the Samsung Galaxy K Zoom so unique?
C) Its 20.7 MP camera with 10x optical zoom

2. Curacao is part of the ABC Islands: Which are A & B?
C) Aruba & Bonaire

3. Who created the bunny character of Miffy?
A) Dick Bruna

4. The Galaxy Tab S 8.4's amazing screen is the result of
B) Super AMOLED screen technology

5. Where is all Buddha to Buddha Jewelry made?
B) Bali

I want to win this!

Friday 7 November 2014

[WW] Quiz: Win flight ticket to New York [1/12/2014]

Deadline  1 December 2014

Type  Quiz

Prizes
2 x Flight ticket to New York

Question
In which city are these people running?

Answers
1. C) Paris
2. A) Hong Kong
3. A) Cape Town
4. B) Amsterdam
5. B) Rio de Janeiro

I want to win this!

Tuesday 8 July 2014

[WW] Answer: Win Samsung Gear [1/8/2014]

Deadline  1 August 2014

Type  Answer a question

Prizes
2 x Samsung Gear Live


In which British city was ARM founded?
b) Cambridge

Wednesday 2 July 2014

[MY] Like+Share+Tag: Win power bank [22/7/2014]

Deadline  22 July 2014 (weekly)

Type  Like + Share + Tag

Prizes
3 x Mi Power Bank 10400mAh (Silver)


2. Share this.
3. Tag 5 friends.

Tuesday 3 June 2014

[WW] Video: Win flight tickets [9/6/2014]

Deadline  9 June 2014

Type  Video (20 s, 50 MB)

Prizes
2 x Round the World flight ticket (up to 5 destination stops)

I want to win this!