How does my Simple earn returns?
Your Simple portfolio earns returns in three ways.
- Dividends: The underlying fund usually pays out dividends on a monthly basis.
- Capital Appreciation: The value of your funds in Simple will increase as the underlying fund appreciates in value. This updates daily from Tuesday to Saturday, excluding public holidays in Malaysia.
- Quarterly Rebates: We receive rebates from the underlying fund manager and return 100% of them back to you. The rebates make up approximately 0.175% of the projected return. You’ll see them credited into your portfolio after the end of each quarter.
The projected return for Simple is 3.6% p.a. And while we do our best to ensure the closest possible match between the projected rate and actual returns, there are two main reasons why they might vary .
You can view the breakdown of your returns in Simple through the monthly statement on the mobile app or website.
Mobile App: Open the App > Tap on the 3 lines at the top left > Tap on Monthly Statement
Website: Login into your account > Click on your name at the top right > Click on Monthly Statement