How does my Simple earn returns?
The value of your funds in Simple will increase as the underlying fund appreciates in value. This increase represents 100% of the returns in Simple and will be updated daily from Tuesday to Saturday, excluding public holidays in the UAE and UK.
The projected return for Simple is 4.5% p.a. And while we do our best to ensure the closest possible match between the projected rate and actual returns, there are two main reasons why they might vary.
You can view the breakdown of your returns in Simple through the monthly statement on the mobile app or website.
Mobile App: Open the App > Tap on the 3 lines at the top left > Tap on Monthly Statement
Website: Login into your account > Click on your name at the top right > Click on Monthly Statement