PNB (Permodalan Nasional Berhad) just declared their performance and dividends for their portfolios. The funds behind Raiz Invest Malaysia are all PNB variable price funds. These funds all have the same financial year end of 30 March.
If you're using Raiz Invest's Aggressive portfolio/setting, your exposure is to ASN Equity 3 and ASN Sara 1 while if you're using Raiz Invest's Moderate portfolio/setting, your exposure is to ASN Imbang 2 fund.
The results are in line with expectations considering all the funds are limited to Malaysia market and year 2020 was the height of the Covid19 pandemic.
So far I'm ok with using Raiz App to invest all my spare change, as little as RM5. All my bank accounts don't have more than RM5 inside, all of it goes into Raiz Invest App. For general spending I'm using ewallets (TouchNGo, Boostpay, Grabpay).
If you do not know what Raiz Invest is, I write an earlier article during the launch of the microinvesting and microsavings app Raiz Invest here.
⚓Links
https://propfessor.blogspot.com/2020/06/raiz-invest-fomerly-acorns-malaysia.html
Raiz Invest Malaysia Referral Invite Link
🌟🌟🌟🌟🌟Referral (Limited Time Only) 👉 Referral code 4VZ2E3
Raiz Invest Malaysia is organizing a friend referral campaign. Each of us get RM5 after topping up just RM5 from your Maybank Account.
Referral Link : https://app.raiz.com.my/invite/4VZ2E3