you kidding? trusting advice from a public forum is never a good idea. do your own validation....

I suspect the funds are all invested overseas in a foreign currency. Since the election, ringgit has strenghtened so much against most other currencies so naturally you would expect your funds balance to drop.

Another thing to note is how much commission your fund is charging. My fund charges about 0.1% (in Aust) and that is quite competitive - i suspect fund managers in Msia charges at least 2%/annum on your balance. It is important to know the commission the funds charge otherwise all the money you invest in are eaten up in fees. Malaysia is not a country where fees are publicly announced (transparently lacking) which is partially the reason why foreign funds are reluctant to come in.

don't let me stop you then.... 

See you cannot even tell me that their FD rates are higher then PBB or at least justify using actual rates compare to PBB
How can I trust your advise?

My KDI Save left a few hundred ringgit only now...all in FD!

May I know where you park your emergency fund? Any account can provide more than KDi ~3.1%pa? 
I know eFD can withdraw anytime... just losing the accrued interest.

OCBC 360 savings, up to 4.38% but need to do homework a bit.

What homework? Please share the tips..Thanks

https://www.ocbc.com.my/personal-banking/90...sary/index.html

Note: only applies to your first RM100k in the savings account

how long it takes for money to reflect in kdi save after deposit? forgot already..

deposited around 11pm ytd, till now no update.

how long it takes for money to reflect in kdi save after deposit? forgot already..

deposited around 11pm ytd, till now no update.

how long it takes for money to reflect in kdi save after deposit? forgot already..

deposited around 11pm ytd, till now no update.

Kenanga Digital Investing: Requesting further details for Enhance Due Diligence

Greetings from Kenanga Digital Investing (KDI).

Firstly, thank you very much for choosing us as one of your investment alternatives.

As part of the enhance due diligence requirements, we seek your kind reply to furnish us with the information to these three (3) questions as per below.

1. Where will the main source of funds for investment in KDI be from? Please state Applicable or Not Applicable for the categories below:

a) Business:
b) Investment:
c) Employment* (*this shall include directorship fees) -
d) Inheritance:
e) Savings:
f) EPF:

2. Please indicate other sources of wealth (if applicable) and their "estimated" values thereof:

a) Savings: Estimated value RM
b) Fixed Deposit: Estimated value RM
c) Real Estate investment: Estimated value RM
d) Securities: Estimated value RM
e) Others: Estimated value RM

got this email from them.

need to reply ka?

I have received email from KDI asking for further info on my source of wealth. Got 3 questions.

I intend to ignore them. Lol.

Tak Suka, I will take my money elsewhere.

Bro nothing to worry if you still want to use KDi
The questions may appear daunting my answer  to them was simple and they accepted

more like  formality.. just like  when  bank  with hold  your online transaction,
call up to verify then release the "hold".


this letter is triggered when the amount of money accumulated in KDI  has gone beyond what your income /wealth bracket
as declared earlier.

My 5th account belong to my son an undergraduate in UM, straight away kena soon after i started using his name.
is normal for  the trigger,
student studying why so much money - Simple
money from my father  done!
nothing new , see the email they sent to my son.

got this email from them.

need to reply ka?

Of course need to reply. Part of their KYC if they think you are transacting huge amount.

If you don't reply, cannot use their service.

still no news either kenanga will extend the promo rate or not