WELCOME TO THE LEARNING CENTRE.
Everything you need to know about MYTHEO, investing, and personal finance.
What is Digital Investment Service?
Digital Investment Service is an automated, algorithm-driven financial planning and investment service that automatically invests client assets based on information and profiles provided by the clients. The investment service is provided using only algorithm which also eliminate the intervention of human emotion.
How long will it take me to set up my account?
Upon the completion of registration, you are required to submit the documents such as a copy of MyKad, Passport and Utility bills / Bank Statement for validation. Your account should be up and running within one business day after the submission of the documents.
Operation of MYTHEO
What is an ETF?
An Exchange-trade fund (“ETF”) is an investment fund that is traded on a stock exchange. ETF’s are usually designed to track a specified index and they hold assets such as stocks, bonds or commodities that match the index. By buying a unit in the ETF, an investor can get exposure to all of the assets held by the ETF.
ETFs offer a low-cost, highly efficient way for individual investors to build portfolios with more flexibility, transparency and lower costs than traditional mutual funds.
Deposit and Withdrawal
Can I deposit from a joint bank account?
Yes, you may submit a deposit from a joint bank account as long your name appear as one of the account holder
What is Regular Savings?
At MYTHEO, we always encourage investors to invest regularly because we believe that an investment needs time to grow. So, the longer your money is invested, the higher your chances of reaching your goals.
Investing the same amount on a regular basis is called “dollar cost average method” and is a popular investing technique.
By investing the same amount regularly, regardless of whether the market is high or low, you can reduce the risk of investing too much when the market is expensive. If you continue to invest fixed amounts at regular intervals, over time, your purchase prices will be averaged out. Also, by setting up an automatic bank payment on a fixed date each month, you can invest for the long term without being influenced by short-term market fluctuations.
By registering with MYTHEO’s Regular Savings Plan which is an automated standing instruction, you are committing a fixed amount of money to invest, on a regular basis (e.g. the 28th of every month). It removes the hassle for you to remember and perform the fund transfer yourself monthly.
How can I change my Investment Portfolio?
Our webpage and mobile application are available 24 hours a day and 7 days a week. You can change your profile at any time at your convenience by following the steps below:
- Login to MYTHEO
- Your Main Portfolio is displayed. Tap on it if this is your only portfolio. Otherwise, swipe until you reach your preferred portfolio and tap on it
- Select the Portfolio tab
- Scroll down and select Edit Portfolio
- Adjust the slider to change the growth-income-inflation hedge as desired
- Select “Simulate” in order to view the results of simulation
- Select “Confirm” if you wish to proceed
On another note, you can revert to 'Leave it to MYTHEO' option where it will adjust the portfolio automatically based on your current needs. To proceed with this option, select 'Leave it to MYTHEO'. At the message displayed, click 'OK' and your portfolio will be updated.
Please take note that you are only allowed to change your investment profile up to 6 times per calendar year.
What is a Multiple Portfolio?
Multiple investment Portfolio allows you to have more than one investment portfolio tailored for you. This can be achieved by directly creating your portfolio allocation or choosing your risk tolerance and duration of investment, so that you can take advantage of this additional route to diversify and reach your investment goals.
MYTHEO allows you to have 6 different investment portfolios. You can have the flexibility of having one investment portfolio managed by MYTHEO’s recommended strategy and other investment portfolio customized to your choice with higher weightage, for example higher weightage to growth functional portfolio because you want to have higher returns but with increased risk.
What is Portfolio Switching?
MYTHEO allows you to have up to 6 different investment portfolios at any one time. Portfolio switching is a facility which enables you to move funds from one portfolio to another portfolio.
What are the fees and charges applicable?
Price / Fee Structure
At MYTHEO, what you see is what you pay. We only charge a management fee, with the benefit of scale by reducing the fees as investors deposits more into the fund. No trading fee, no exchange fee, no redemption fee, no surprise charges, and that's a promise.
|Investment Amount||Fee on Investment Value|
|Less than USD 7500||1.0% p.a.|
|More than USD 7,500 – USD 25,000||0.9% p.a.|
|More than USD 25,000 – USD 75,000||0.8% p.a.|
|More than USD 75,000 – USD 125,000||0.7% p.a.|
|More than USD 125,000 – USD 250,000||0.6% p.a.|
|More than USD 250,000||0.5% p.a.|
As an example, for an investment amount of USD45,000, the amount and rates chargeable based on our price structure will be as follows:
|Price Structure||Invested Amount = USD45,000||Subjected Amount||Rate Chargeable|
|1st USD7,500||amount subjected to this tier = USD7,500||7,500||at 1.0%|
|next USD7,500 to USD25,000||amount subjected to this tier = USD17,500 (25,000 - 7,500)||17,500||at 0.9%|
|next USD25,000 to USD75,000||amount subjected to this tier = USD50,000 (75,000 - 25,000)||20,000||at 0.8%|
|next USD75,000 to USD125,000||amount subjected to this tier = USD50,000 (125,000 - 75,000)||0||at 0.7%|
|next USD125,000 to USD250,000||amount subjected to this tier = USD125,000 (250,000 - 125,000)||0||at 0.6%|
|over USD250,000||amount subjected to this tier = any amount above 250,000||0||at 0.5%|
How do the securities in my portfolio get taxed?
There are no capital gain tax on trading of securities in both Malaysia and the US.
Where is my money kept?
Your money is safely kept by our Custodian, the Malaysian Trustees Berhad (subsidiary of RHB Banking Group), who are responsible for custodian service. They will then transfer the money to our overseas broker who will hold the ETFs on your behalf. The overseas broker account is also managed by the Custodian to provide an additional level of security for your assets.
Can I get a monthly statement?
Yes, statement is generated on the 1st week of the month. You may download or print it from the app by following the steps below:
- Login to MYTHEO
- Your Main Portfolio is displayed. Tap on it, if this is the portfolio that you want to generate a statement from. Otherwise, swipe until you reach your preferred portfolio and tap on it
- Select the Portfolio tab
- From the Action Menu, select Statement
- Locate the appropriate statement by scrolling down/up and tap on it
- Tap on OK to open once download is complete
- When statement is displayed, press on the top-right option and select print