Your assets are held in a separate trust account owned by AHAM Asset Management (formerly known as Affin Hwang Asset Management)'s custodians, HSBC Malaysia Trustees Berhad for Save, and CIMB Commerce Trustee Berhad for Invest.
This provides additional security for you and protects you from the unlikely event that Versa goes bankrupt, as customers' funds are unmingled with Versa.