GOinvest offers an investment yield of up to 4.88% p.a.!
Touch ‘n Go eWallet introduced the GOinvest investment function. Users’ funds will be invested in the Principal Islamic Money Market Fund (Class D). Principal Asset Management manages this fund.
GOinvest has launched a discount of up to 4.88%p.a. rate of return to encourage users to participate in GOinvest investment services. Users who deposit RM1,000 to RM2,000 into GOinvest can earn up to 4.88% p.a. in investment income. This promotion will take place between January 16 and February 14, 2023.
Users must deposit between RM1,000 and RM2,000 into GOinvest and deposit it there until February 14 to benefit from an investment return of up to 4.88% p.a. This offer is not applicable to funds in excess of RM2,000. The investment income will be deposited into the user’s GOinvest account the following month. The annual rate of return of 4.88% will be calculated on a daily basis.
GOinvest users typically receive an investment income of about 3.70%, and now GOinvest will provide an additional 1.18%, allowing users to receive a total investment income of up to 4.88%.
After 30 days of depositing RM1,000 and earning 4.88%p.a., the user can expect to receive approximately RM3.48.
People who want to participate in GOinvest can do so by opening the Touch ‘n Go eWallet and using the GOinvest feature. Then, select your investment goal and deposit RM1,000 into GOinvest. GOinvest is a Money Market Fund.
Please keep in mind that the information provided is only for reference purposes and does not constitute investment advice.
