Surprisingly gotten my withdrawal fund when I check it on 6:45pm. Usually the fund only reflected around 9:30pm in my HLB account.

It depends on the trustee processing time

To received earlier it is either a very quiet day or low transaction count a particular day as it will happen once in a while

hows u guys port folio if still got invest?

Apr 13 12pm login -0.19
Apr 17 9am login -1.89
Apr 19 9am login -1.08

been there since last year June.. seem like never get positive return for many days even how good the market was

This post has been edited by download88: Apr 19 2023, 10:59 AM

Depends on the ETF that they bought into.

As I understand, only investors get to see underlying assets in statement ?
Meaning that, potential investors do not know what they are investing into.
Only can set risk profile defined by risk of loss and potential returns %.

Since June 2022 until today (blue line), S&P 500 is about flat. Weekly price chart from Trading View.
Thanks for sharing.

Just a question to ask, if KDI go busted, does it mean all our funds inside will be gone too?

I believe they hold the funds in Philip Trustee but you should check their website / customer service.
The funds are not PIDM insured like bank deposits up to 250k.
After all, what bank and investment have 0 risk, correct?

From what i noticed, most of the people only concern about the interest rate and the withdrawal time. Not many people actually asking how secured this KDI is and it seems no information available where they deposit our money too.

Not Philip Trustee but Pacific Trustee 🤦‍♀️

The information is there but very difficult to find in akDI website due to its fonts

A lot of ppl ask but couldn’t get answer but a standard that KDI Save is a treasury product

^ This, I kinda trust Kenanga, they existed before I was even born, don't think they will go bust so easily

However I hate this KDI's non transparency and website/app looks very immature. I don't give a s**t about withdrawal time and the 3.5 now is just meh

If you know who is kenanga, you wouldn't be asking this question. Do you know that they are approved by EPF to invest EPF money should you choose them to invest over letting the money sit inside EPF?

This post has been edited by Ramjade: Apr 19 2023, 03:44 PM

theoretically yes, is there any investment that protects capital?
perhaps recover partially depending on the financial position
because they equate mmf with fd
lehman, svb also existed before i was born
nevertheless, i still have savings with them in a hope that not all of them go bust / system down etc at the same time
ya, started goinvest because of KDI 3.5%

Agree, safety first.

Thank you for the correction.

You trust non-transparency.
Not that I am judging. I struggle with how KDI Save presents as "compounding" but buried in the FAQ is calculation that results in 3.5% p.a. and the maths works out to 10350 instead of 10361. KDI Save withdrawal takes 1 to 2 days, which I take for granted until last week one of the octopus ransome me so the liquidity is handy.

3.5 is a meh because KDI Invest customer account is in the red since June.

I never knew this. This is the reason I rely on sifus' of LYN Finance.

KDI Save liquidity by disclosure they have to put T+1 or 2 in order to cover any unforeseen delays but in actual operation it is within the same day if withdrawal is done by 11am the same day

KDI Invest forget about it because by the time the AI start moving the markets already move because the data is being used is already lagged just like how the US Fed on using lagged data 🤦‍♀️ Hence why you see red in accounts

Kenanga is already 50 years this year and started by royal family and was owned by John Hancock in 80s and Deutsche Bank in 90s and now Rakuten has a stake in it

So do you think Kenanga is not credible while EPF allow its members to invest in its fund 🤦‍♀️

50 year old company use lagged data

Royalty dump this company to Hancock then dump to Deutsche then dump to Rakuten
Smart folks hang on to good investment, until....
Now that you mention, I see why people find this company not credible.

EPF let members early withdrawal. Recently PMX had to plug it.
Maybe someone wants to come in and state BN ruled for 60 years, very credible ?

Anyway, I was neither for or against KDI but with recent info, I learn something new.

If Kenanga not safe, you think can get approval from EPF to invest unit trust?
If Kenanga not safe, think they can offer PRS or get license from BMM to sell unit trust?

If you don't like kenanga, go with versa. No one is forcing you to put your money into KDI. For me it's the best MMF cause I can get my money on the same day. Not many MMF can do that. 3.5%p.a is decent. Nothing to shout home about.

This post has been edited by Ramjade: Apr 19 2023, 04:20 PM

Not royalty dump but forced into partnership with maximum 30% thanks to Tongkat rule 🤦‍♀️ Remember royalty just siphoned others while not knowing how to run a business as you can tell with many solid overseas brand name destroyed by them in Malaysia 🤦‍♀️ the only royalty run company currently that is making good money is Gamuda

The company is credible and solid just the management is still Tongkat and old skool and headed by royalty in the board hence they move very slow while trying to transform as typical Malaysians companies does

As long as their licensed with SC and BNM approval it is ultra safe to have money in their products as it would be regulated and no hanky panky

Unker Ramjade is already outdate 😂

Versa-i offers same day withdrawal by 1030am execution and received money by 630pm the same day

I still use traditional versa. Scared their new versa become like EPF-i.

No need to be scared I only use currently until the promo is lower because of the liquidity 👏

Anyway it won’t be EPF-i but returns definitely lagged as Versa will topped the difference in rebates payout until June