Is Maribank Invest Income Fund a myth?

I ask ChatGPT if Maribank Invest Income Fund a myth?


Total invested initial sum of $148,000

Initial Sum invested from Jun 2025
$148k = $10k+$30k+$75k+$25k+$8k, slowly increased to the present invested sum of $148,000 at May 2026.

However its Market value was $143,858.76.

Currently my Investment monthly return is $803 p.m.

Nett return earned after adjusting  market fund loss was $2,959.34.

My questions:
1. Is it a myth of invest in this Maribank Invest Income?  What is the xirr after this one year ?

2. Now, @May 26: balance: $143k. Drop by about $5k in one-year. It appears that the Fund is using my portfolio to pay my monthly interest!

3. Is it better to withdraw and reinvest it in dbs SGD stock which is currently fallen due to market conditions?

~~~
In summary,

Your observation that:
"It appears the fund is using my capital to pay monthly income"  It is partially true.

You received $8,079 in distributions.
Your portfolio value fell by $4,141.
Your actual net gain is approximately $3,938, or about 2.7% over the period.

This means:

✅ You did not lose money overall.
⚠️ However, the effective return is much lower than the headline monthly payout might suggest.
Revised estimated XIRR


Using your actual cash flow pattern, the XIRR is likely around 2.5%–3.0% p.a., (for Maribank Invest Income Fund). 


https://chatgpt.com/share/6a29fdb1-b090-83ec-8ba4-888c695e2a85


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