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Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save
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tehoice
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Feb 23 2022, 02:07 PM
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QUOTE(MUM @ Feb 22 2022, 12:33 PM) jfi, a forummer mentioned the "problem" of this CMF fund just last month....  historically it was "safe", maybe top instructions or circumstances changed overtime, etc...things can change.  QUOTE(abcn1n @ Feb 23 2022, 02:00 PM) Would you put 7 figure sum in it? I know you will easily reach 6 figures soon. If capital is pretty much secure, I would dare to put much more but had not so good experience with Opus money market fund last time (can't remember exactly but something like what I withdrew was less than what I deposited for my last round) plus recently mum showed the AmanahSyariah Cash Mgt Fund which plunged because of Serba Dinamik. My transaction since yesterday still pending. Thanks for the 11am cut off time info yup, this was highlighted by MUM earlier too.
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c64
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Feb 23 2022, 02:34 PM
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QUOTE(Hoshiyuu @ Feb 22 2022, 09:32 PM) Cut-off time is 11am AFAIK. I calculated based on my 1 day interest 0.00819875776 * 360 days = 2.9515527936 (if using 360 day rule) or 0.00819875776*365 = 2.9925465824%. The previous number was probably me randomly rounding my daily interest to get the rough approximation, either way its like a few cents difference, I couldn't be bothered to be accurate  Pretty sure they use 365 rule because mine correct based on 365 days. Btw, i banked in last nigh 7pm+ some funds, till now still PENDING. A bit slow. This post has been edited by c64: Feb 23 2022, 02:36 PM
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abcn1n
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Feb 23 2022, 03:57 PM
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QUOTE(tehoice @ Feb 23 2022, 02:07 PM) yup, this was highlighted by MUM earlier too. When I mentioned 'mum', was referring to MUM as per what you posted (not my mom)
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tehoice
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Feb 23 2022, 04:52 PM
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i just did a test withdrawal from KDI Save this morning at around 10am. Now it's been completed. that's very speedy! As for the withdrawl from SAMY Simple, which I requested since Monday morning, is still sitting in the account now, waiting to be executed
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Ramjade
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Feb 23 2022, 04:54 PM
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QUOTE(tehoice @ Feb 23 2022, 04:52 PM) i just did a test withdrawal from KDI Save this morning at around 10am. Now it's been completed. that's very speedy! As for the withdrawl from SAMY Simple, which I requested since Monday morning, is still sitting in the account now, waiting to be executed  That's fast. SAMY is always very slow and their rates suxks. That's why I stop using them all together.
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ultimate93
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Feb 23 2022, 06:39 PM
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Getting Started

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the web interface simpler than my FYP LOL
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ericlaiys
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Feb 23 2022, 07:00 PM
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i thought kdi invest is 0% for less than 3k investment. I deposit RM500. On app, only show RM 492
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SUSxander83
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Feb 23 2022, 07:04 PM
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QUOTE(ericlaiys @ Feb 23 2022, 07:00 PM) i thought kdi invest is 0% for less than 3k investment. I deposit RM500. On app, only show RM 492 Around 2% FX spread which is why
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abcn1n
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Feb 23 2022, 09:02 PM
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QUOTE(tehoice @ Feb 23 2022, 04:52 PM) i just did a test withdrawal from KDI Save this morning at around 10am. Now it's been completed. that's very speedy! As for the withdrawl from SAMY Simple, which I requested since Monday morning, is still sitting in the account now, waiting to be executed  Wow. Fast withdrawal for KDI Save
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lim47
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Feb 24 2022, 08:09 AM
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QUOTE(xander83 @ Feb 23 2022, 07:04 PM) Around 2% FX spread which is why So have to pay fees also ? Forex exchange rate
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SUSxander83
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Feb 24 2022, 08:38 AM
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QUOTE(lim47 @ Feb 24 2022, 08:09 AM) So have to pay fees also ? Forex exchange rate Anything less than 3000 still 0 fees but FX spread 2% every time you deposit you won’t get full rm amount So you need to check your portfolio in USD to see the ETF being bought at your monthly statement
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TStadashi987
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Feb 24 2022, 08:51 AM
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 For u guys information
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ericlaiys
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Feb 24 2022, 11:10 AM
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QUOTE(xander83 @ Feb 24 2022, 08:38 AM) Anything less than 3000 still 0 fees but FX spread 2% every time you deposit you won’t get full rm amount So you need to check your portfolio in USD to see the ETF being bought at your monthly statement here is their response The charges are zero management fees for anything that is RM3000 and below. For KDI Invest, there is still charges for expense ratio and fees conversion costs involved. Kindly also note that returns for KDI invest may dip due to fund performances of your selected risk profile's ETF portfolio. You will be able to see the breakdown of charges in your monthly report that would be emailed to your registered email address
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TStadashi987
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Feb 24 2022, 11:39 AM
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QUOTE(ericlaiys @ Feb 24 2022, 11:10 AM) here is their response The charges are zero management fees for anything that is RM3000 and below. For KDI Invest, there is still charges for expense ratio and fees conversion costs involved. Kindly also note that returns for KDI invest may dip due to fund performances of your selected risk profile's ETF portfolio. You will be able to see the breakdown of charges in your monthly report that would be emailed to your registered email address yep i think not only the FX rate, but also because marketing keep going down for these this week, so u bought, then it drops
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Hoshiyuu
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Feb 24 2022, 11:53 AM
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Withdrawal from KDI Save is probably the fastest on the market at the moment I feel? Very smooth in my experience of withdrawing twice.
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tehoice
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Feb 24 2022, 12:25 PM
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QUOTE(Hoshiyuu @ Feb 24 2022, 11:53 AM) Withdrawal from KDI Save is probably the fastest on the market at the moment I feel? Very smooth in my experience of withdrawing twice. Yes very very fast. if you withdrawl from KDI Save before the cut off date, you will get your money on the same day. On Simple, I am still waiting for my money despite having the instruction carried out on Monday morning before 11am.
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cybpsych
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Feb 24 2022, 12:44 PM
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QUOTE(tehoice @ Feb 24 2022, 12:25 PM) Yes very very fast. if you withdrawl from KDI Save before the cut off date, you will get your money on the same day. On Simple, I am still waiting for my money despite having the instruction carried out on Monday morning before 11am. aik? not T+1 (withdraw before cutoff)? if same day, roughly what time received fund in your bank?
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tehoice
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Feb 24 2022, 12:53 PM
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QUOTE(cybpsych @ Feb 24 2022, 12:44 PM) aik? not T+1 (withdraw before cutoff)? if same day, roughly what time received fund in your bank? late in the day in my experience. T+1 you will likely to have received it already.
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SUSCoolStoryWriter
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Feb 24 2022, 01:17 PM
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Getting Started

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Anyone has any thoughts what may the ETFs be? I read somewhere it's all USA based
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