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What is Money-weighted Rate of Return?
Money-weighted Rate of Return (Money-WRR), also known as Extended Internal Rate of Return (XIRR), calculates the performance of a savings plan that accounts for the amounts and timings of takeover, premiums, cash coupons, maturity benefit and other cash benefits.
How to Reserve Savings Plan?
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Resale Savings Plan in Singapore – Process Flow
After placing an order, the basic process flow is as follows:
- For each savings plan, we will email you a copy of Assignment-out Form for your e-signing.
- (Skip this step if you have made payment via cryptocurrency) After e-signing in [1], make PayNow/FAST payment according to the instructions in the order email.
- After e-signing in [1] and payment has been made, we will book an appointment to meetup at the insurance company’s customer service centre.
- On appointment day, we will proceed to enter the customer service centre to do the absolute assignment paperwork.
- After the paperwork in [4] is done, please wait 1 to 2 weeks for the insurance company to complete the absolute assignment process on their backend. By then, you will receive a letter from the insurance company on the absolute assignment completion.