The payout amount and schedule will depend on which assets you choose to add to your Flexible Portfolio. If you want to calculate exact earnings, you can follow these steps:
Here’s an illustrative example:
Let’s imagine you have two assets in your portfolio: 1% allocation to cash and 99% allocation to SPDR® Blooomberg 1-3 Month T-Bill ETF in your Flexible Portfolio.
You’ve invested RM10,000 into this portfolio. You see that the dividend yield for the ETF is 3.84%, and the payouts are distributed monthly. Your monthly payout distribution would then equal approximately RM32 (3.84% x 10,000 divided by 12 months). In this case, because your dividend payout is above the RM25 minimum, you can choose to reinvest your earnings or have them transferred to your bank account.
You simply need to update your payout preference on the mobile app in advance (on your Flexible Portfolio overview screen like in the screenshot below).
The image is only for illustrative purposes
Note that dividend payouts aren’t always distributed every month and amounts may vary as they are determined by the fund managers. As such, you may be above the RM25 minimum on certain months and below on others.
Also note that payouts are only available to a local Malaysia bank account.