After looking through KDI invest i think I'll pass, as some mentioned the lack of transparency on backtesting is a bit of a red flag for me.

That said, the 0 fees for under RM3k makes this nice for very small fry investor beginners.

KDI Save will be good for short term cash parking with current rates.

Anyone received their referral bonus yet?

KDI save is the bonus while invest just have to be careful because their asset allocation regime is not transparent enough unlike SA

nope, will update if any

Account has been activated.

It was quite quick actually.. Signed up yesterday night.. got the approval email at 3PM

they still new. likely will improve gradually

EDITED

This post has been edited by 47100: Mar 3 2022, 10:26 AM

For those of you already invested in KDI Invest, does it give you any breakdown on what ETFs portfolios is your money invested in? I made an account, but after answering robo questions, only give options to choose risk. No option to see where money is invested to.

after get statement only will know the allocation. on 1st every month.

hopefully will improve gradually as they're still new

Same here. I just contacted them. A lot of people have requested this, but they are still not providing it. There are few competitors in ETF's especially by banking sector. They too breakdown the details of where your money is deposited if you ask them details not provided in the brochure.

KDI save only pays 3% per annum prorate. Depending if you have like Amanah Saham (even not the Bumiputra), will still give higher rates. Hellogold can give goo returns too, if you are the patient type.

Hi, for those who would like to refer.

Started out with 'Conservative', then changed to 'Balanced' as I was playing around with the website.

🤔 It depends on goals, personally I don't see them as comparible products, as I would say that KDI save should not be used like Amanah Saham/Hellogold where it's more of a long term, low risk place to park wealth (important for super conservative investors or investors who have goals that cannot take volatility/price drops, like older investors with no time leeway to handle market volatility or investors who are saving for things like child education).

KDI Save/Versa/GO+ etc. are more geared towards short term cash keeping, like emergency funds parking where you'd want to access + store cash for very short term and require the liquidity, and you'd want to see the interest earned get credited within months/weeks/days vs ASM's yearly dividends and Hellogold's gradual price appreciation.

I see. Thanks for the info

hellogold selling fee gap to huge.

will kdi save return commit and add to your current value. I dont think the return is added into your existing investment

- Edit - I stand corrected, seems like it's based on initial investment.

This post has been edited by DragonReine: Mar 3 2022, 03:26 PM

I noticed that. I just put one time. Only using the app for the gold chart actually since easier to use compared to others. Not sure where/which market they use for their gold tracker.

Seem like only base on deposit amount & no compound interest as per verified.

any referrals? pm thanks [got it, thanks!]

looking to enjoy that 3% since even my trusty SC PSA doesn't give that much interest anymore lol.

so far what are the thoughts on their offerings? i saw many here complained about transparency, but i'm still thinking of taking advantage of the first RM3k managed for free if the portfolios offered looks reasonable and such.

This post has been edited by x3Kai: Mar 3 2022, 03:51 PM