UOBAM Invest Cash+ Xtra 4.7% p.a Return | Should You Invest?

The following is a sponsored ad and created in partnership with UOB Asset Management. All views and opinions expressed here are my own’s objective and professional opinions.

0:00 - Intro
1:16 - Cash+ Xtra holdings
6:22 - Fees
6:42 - Who is suitable to invest?
7:40 - Step by step guide
8:28 - Sign up rewards

*None of this is meant to be construed as investment advice. It's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. *

[thomascheahsk]

Hi Kelvin, from the UOBAM website, it appears that there is an annual fee of 0.6% - 0.8% under fees & charges. Looks like this is a big add-on to the fund advisory charges. Can you comment?

[jaychen]

Hey kelvin, love your videos. Can I check from your knowledge, does the interest get credited daily (like how chocolate finance does) and the difference between this and chocolate finance is that the capital in UOBAM can depreciate?

[judithyue]

they mention there is a anuual management fees but i seem not able to find any info about it. is this really just 0.05% advise fees ( quaterly)

[martinho]

is there fluctuation risk to the invested capital?

[TheDividendUncle]

Hey Kelvin, thanks for that! More attractive than Endowus? Can I also check why 7:36 shows a maximum drawdown of -3.37% but 3:17 shows a maximum drawdown of -2.6% for the slightly riskier fund?

[samuelmuck]

Hi Kelvin, How long does it take for the funds to be invested?

[shawnchiu]

Hi Kelvin, does that means that whatever amount i invested, i will get 4.7% daily? The return will reflect daily in my account?

[meiw.]

Hi Kevin, how much is the annual management fee? Any reason why it is not mentioned on the video?

[colinquekking]

0.05% advisory fee, then the funds themselves charge any fees as well? or its a flat 0.05% ?