When you make a cash-in through Versa, Versa purchases units from Affin Hwang's Enhanced Deposit Fund (AHAM EDF) on your behalf.
You will earn daily interest which is compounded once your cash in amount is reflected in your Versa available balance.
However, all the accumulated daily interest will only be credited into your Versa account twice a month as a payout. During the payout, you will get your accumulated daily interest which will be reinvested into units in 2 business days.
So, if you consistently make cash in through Versa over the long term, your money will constantly be reinvested to generate more returns.