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Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save
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guy3288
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 Feb 23 2023, 12:25 AM
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QUOTE(xander2k8 @ Feb 22 2023, 04:11 AM) Only if you knew 🤦♀️ That the reason why KDI doesn’t live prices on your invest portfolio it has happened all too often yo yo up and down is for sure... not greedy, earn 8% sell, is better then keep on waiting back to square one again and again..frustrating but not for this KDI chicken feed amount la eg recent Amprecious metal securities bought below 40 sen went up to 50sen 25% gain dont sell now back to 44sen is like almost a certainty yo yo a pity is i only managed to sell twice at 50 and 49+, came down so fast... This post has been edited by guy3288: Feb 23 2023, 12:26 AM |
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1mr3tard3d
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Feb 23 2023, 09:22 AM
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QUOTE(_kilakila_ @ Feb 22 2023, 10:11 AM) My amount is around rm12k+ , but for the whole year I never seen it goes up to more than rm20 (maybe for just a day) and the whole 364 days it was negative. If I see the earning can go up to more than rm100 then that might be fine but never...loll. Never earn more than 0.01% for my portfolio🙃 Then what's the point of putting in KDI invest, SAVE at least can get 3.5% return. Mine is Growth profile btw.. was RM 12k lump sum or dollar cost averaging? now drop, opportunity to enter  BUT i expect the market will fall further |
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John Chaser
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Mar 15 2023, 12:51 PM
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» Click to show Spoiler - click again to hide... «
Dear valued KDI customers,
By now you’ve probably heard that Silicon Valley Bank (SVB) is in receivership, affecting those with banking relationships with SVB. Rest assured, your KDI Save and KDI Invest funds are secure and unaffected by the SVB crisis.
Kenanga Digital Investing (KDI) has no relationship with SVB. When you deposit your funds online with KDI Save or KDI Invest, the monies are kept in a client trust account under the care of Citibank. When our AI algorithm rebalances your portfolio or makes investment decisions, the funds are routed automatically to our US exchange-traded funds (ETF) broker Saxo Capital Markets Pte Ltd (Saxo Bank, Singapore), under the care of HSBC.
KDI is part of Kenanga Investment Bank Berhad, the largest independent investment bank in Malaysia with over 50 years of experience managing investors’ funds. Kenanga Investment Bank Berhad is regulated by the Bank Negara Malaysia and Securities Commission Malaysia; while Saxo Bank is fully regulated by the Monetary Authority of Singapore (MAS).
Moreover, both HSBC and Citigroup are part of the global systemically important banks (G-SIBs) as identified by the Financial Stability Board, an international monitoring body based in Basel, Switzerland.
We hope we have assuaged your concerns, and will continue to monitor markets and adhere to the highest global financial standards in supporting KDI customers. Thank you for your trust in the KDI brand and your continued investment in our innovative
robo-advisory products. Stay tuned for more updates and rollouts in 2023, as we remain committed to delivering value to you and helping you build a stronger investment future.
Sincerely,
Ian Lloyd
Head, Digital Investment Management
Kenanga Investment Bank Berhad
Ok, got reassurance. |
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xander2k8
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Mar 15 2023, 01:04 PM
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QUOTE(John Chaser @ Mar 15 2023, 12:51 PM) » Click to show Spoiler - click again to hide... «
Dear valued KDI customers,
By now you’ve probably heard that Silicon Valley Bank (SVB) is in receivership, affecting those with banking relationships with SVB. Rest assured, your KDI Save and KDI Invest funds are secure and unaffected by the SVB crisis.
Kenanga Digital Investing (KDI) has no relationship with SVB. When you deposit your funds online with KDI Save or KDI Invest, the monies are kept in a client trust account under the care of Citibank. When our AI algorithm rebalances your portfolio or makes investment decisions, the funds are routed automatically to our US exchange-traded funds (ETF) broker Saxo Capital Markets Pte Ltd (Saxo Bank, Singapore), under the care of HSBC.
KDI is part of Kenanga Investment Bank Berhad, the largest independent investment bank in Malaysia with over 50 years of experience managing investors’ funds. Kenanga Investment Bank Berhad is regulated by the Bank Negara Malaysia and Securities Commission Malaysia; while Saxo Bank is fully regulated by the Monetary Authority of Singapore (MAS).
Moreover, both HSBC and Citigroup are part of the global systemically important banks (G-SIBs) as identified by the Financial Stability Board, an international monitoring body based in Basel, Switzerland.
We hope we have assuaged your concerns, and will continue to monitor markets and adhere to the highest global financial standards in supporting KDI customers. Thank you for your trust in the KDI brand and your continued investment in our innovative
robo-advisory products. Stay tuned for more updates and rollouts in 2023, as we remain committed to delivering value to you and helping you build a stronger investment future.
Sincerely,
Ian Lloyd
Head, Digital Investment Management
Kenanga Investment Bank Berhad
Ok, got reassurance. All robo advisors and fintechs have started doing that not just KDI |
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CPURanger
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Mar 15 2023, 01:50 PM
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QUOTE Dear valued KDI customers,
By now you’ve probably heard that Silicon Valley Bank (SVB) is in receivership, affecting those with banking relationships with SVB. Rest assured, your KDI Save and KDI Invest funds are secure and unaffected by the SVB crisis.
Kenanga Digital Investing (KDI) has no relationship with SVB. When you deposit your funds online with KDI Save or KDI Invest, the monies are kept in a client trust account under the care of Citibank. When our AI algorithm rebalances your portfolio or makes investment decisions, the funds are routed automatically to our US exchange-traded funds (ETF) broker Saxo Capital Markets Pte Ltd (Saxo Bank, Singapore), under the care of HSBC.
KDI is part of Kenanga Investment Bank Berhad, the largest independent investment bank in Malaysia with over 50 years of experience managing investors’ funds. Kenanga Investment Bank Berhad is regulated by the Bank Negara Malaysia and Securities Commission Malaysia; while Saxo Bank is fully regulated by the Monetary Authority of Singapore (MAS).
Moreover, both HSBC and Citigroup are part of the global systemically important banks (G-SIBs) as identified by the Financial Stability Board, an international monitoring body based in Basel, Switzerland.We hope we have assuaged your concerns, and will continue to monitor markets and adhere to the highest global financial standards in supporting KDI customers. Thank you for your trust in the KDI brand and your continued investment in our innovative robo-advisory products. Stay tuned for more updates and rollouts in 2023, as we remain committed to delivering value to you and helping you build a stronger investment future.
Sincerely,
Ian Lloyd
Head, Digital Investment Management
Kenanga Investment Bank Berhad I receive this e-mail. Looking at US banks, kinda scary.  |
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ikanbilis
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Mar 15 2023, 02:06 PM
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QUOTE(CPURanger @ Mar 15 2023, 01:50 PM) I receive this e-mail. Looking at US banks, kinda scary. Ya i received it too. Seems like a lot of people pull out their funds for the past few days thats why they are quick to clarify matters up. |
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download88
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Mar 15 2023, 02:53 PM
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Getting Started
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QUOTE(ikanbilis @ Mar 15 2023, 03:06 PM) Ya i received it too. Seems like a lot of people pull out their funds for the past few days thats why they are quick to clarify matters up. quickly raise the promo rate to 4.5% then can lock back all fundssss  |
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1mr3tard3d
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Mar 15 2023, 02:59 PM
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QUOTE(John Chaser @ Mar 15 2023, 12:51 PM)  how is a statement being considered as assurance? Becker did that too |
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John Chaser
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Mar 15 2023, 03:17 PM
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QUOTE(1mr3tard3d @ Mar 15 2023, 02:59 PM) :lol2: how is a statement being considered as assurance? Becker did that too Verbal assurance. Though you know what they say, never put all your eggs in the same basket. |
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SUSfuzzy
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Mar 15 2023, 03:20 PM
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I'm pulling because rate it 3.5%, not because of SVB This post has been edited by fuzzy: Mar 15 2023, 03:20 PM |
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MUM
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Mar 15 2023, 03:21 PM
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QUOTE(John Chaser @ Mar 15 2023, 03:17 PM) Verbal assurance. Though you know what they say, never put all your eggs in the same basket. Perhaps the assurance was, ...the money was not placed in SVB. Maybe perhaps just only x.xx% of the investment has exposure to it directly or indirectly or its affiliates. |
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SUSBrookLes
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Mar 15 2023, 05:29 PM
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1 thing I will never understand is,
Why do those funds still charge fees even when you are losing money .
See the problem here. But you guys still put despite them doing that
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xander2k8
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Mar 15 2023, 06:19 PM
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QUOTE(ikanbilis @ Mar 15 2023, 02:06 PM) Ya i received it too. Seems like a lot of people pull out their funds for the past few days thats why they are quick to clarify matters up. Not just them every single robo advisors and fintech’s does that now 🤦♀️ QUOTE(download88 @ Mar 15 2023, 02:53 PM) quickly raise the promo rate to 4.5% then can lock back all fundssss You should be more wary if they raise it too high as it is a sign of liquidity shortage and impending blowout 🤦♀️ Doesn’t rates goes up it is safe QUOTE(BrookLes @ Mar 15 2023, 05:29 PM) 1 thing I will never understand is, Why do those funds still charge fees even when you are losing money . See the problem here. But you guys still put despite them doing that Remember it is their rice bowl as they will sell what markets wants doesn’t matter performance 🤦♀️ As long as they meet the market benchmarket they can consider job done |
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oks911
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Mar 15 2023, 06:57 PM
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QUOTE(fuzzy @ Mar 15 2023, 03:20 PM) I'm pulling because rate it 3.5%, not because of SVB So where you put your money now ? |
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Ramjade
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Mar 15 2023, 07:03 PM
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QUOTE(oks911 @ Mar 15 2023, 06:57 PM) So where you put your money now ? He already said he is putting because of 3.5%p.a |
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SUSfuzzy
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Mar 15 2023, 07:13 PM
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QUOTE(oks911 @ Mar 15 2023, 06:57 PM) So where you put your money now ? I maxed out the 3.5% and had a lot more just getting the 3%. It was supposed to be liquid fund until BNM raised interest rate, but as you know they opted to keep it at same level. So I'll probably break it to chunks and put in anything that can get me 4.2 - 4.5%, which is pretty hard to come by. |
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Ramjade
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Mar 15 2023, 07:21 PM
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QUOTE(fuzzy @ Mar 15 2023, 07:13 PM) I maxed out the 3.5% and had a lot more just getting the 3%. It was supposed to be liquid fund until BNM raised interest rate, but as you know they opted to keep it at same level. So I'll probably break it to chunks and put in anything that can get me 4.2 - 4.5%, which is pretty hard to come by. You can consider versa and TNG+. After that if you run out of ideas/still have cash left let me know This post has been edited by Ramjade: Mar 15 2023, 07:22 PM |
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SUSfuzzy
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Mar 15 2023, 07:23 PM
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QUOTE(Ramjade @ Mar 15 2023, 07:21 PM) You can consider versa and TNG+. After that if you run out of ideas let me know:p TNG i max out also at their 9k level lol... Next one is Versa, but its also 35k right? My dealer pushing me into money market, but malas la coz at the end its still supposed to be rainy day fund so fast liquidity is important. |
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Ramjade
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Mar 15 2023, 07:46 PM
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QUOTE(fuzzy @ Mar 15 2023, 07:23 PM) TNG i max out also at their 9k level lol... Next one is Versa, but its also 35k right? My dealer pushing me into money market, but malas la coz at the end its still supposed to be rainy day fund so fast liquidity is important. Irony is KDI, Versa and TNG+ are all money market fund. Stuff which your dealer pushes. |
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SUSfuzzy
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Mar 15 2023, 07:50 PM
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QUOTE(Ramjade @ Mar 15 2023, 07:46 PM) Irony is KDI, Versa and TNG+ are all money market fund. Stuff which your dealer pushes. He's pushing those in SG bro because my brokerage's there |
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