Fees alone scary for small fry investors:
https://www.mytheo.my/mytheo/mytheo-explain...vesting-section

ok will give mytheo a try also for their income and inflation hedge portfolio.
problem now is can't login. walaowe..

edit: ok can login but loading pages still funky. So far their app load performance is the worst. Should start doing some maintenance

This post has been edited by Davidtcf: Mar 7 2022, 10:17 AM

no wrong buying Bursa stocks. I have some there too. But remember to diversify.

Also note that MYR has dropped many times in the past due to our political issues. Hence why many people prefer to invest overseas to protect the value of their MYR. Even Singaporeans like to buy ETFs like VWRA, SWRD, EIMI (even though their SGD so strong). Just go to r/singaporefi to read how they invest.

This post has been edited by Davidtcf: Mar 7 2022, 10:21 AM

Another problem with KDI Invest.
Gonna withdraw my funds. Unacceptable error with their app since I can’t change the risk once money is in.

Check both your portfolio and profile, they could end up being different:







When I first registered only put aggressive growth . Then after that I changed to conservative before funds entered. Still till today it chose this. So means my funds are in aggressive growth without my consent? Hence why I’m thinking why allocated 34.61% to equity? Doesn’t make sense. Only found out today.

Does this look like conservative portfolio? Not at all:



Gonna wait they iron this out first. Tested out MYTHEO so far much better than their interface. Or can consider Stashaway also. Right now KDI invest still a mess.

Edit: already sent an email to digitalinvesting@kenanga.com.my with all the screenshots.

This post has been edited by Davidtcf: Mar 8 2022, 03:32 PM

KDI Save great to use.. 3% earned on daily basis. Fast deposit and withdrawal also.
Next year nobody knows what rate they will offer.. need to be Oracle only can know
No fees.. they profit by rolling your money around liao. More money u put in in some ways they can earn. Win- win for both sides.

This post has been edited by Davidtcf: Mar 8 2022, 04:12 PM

It is a lot. Compare to MyTheo or Stashaway they don't allocate so much for conservative portfolios. The most 5-10%.
Aggressive stocks/ETF I am managing it myself via IBKR. Don't need another similar thing at KDI Invest.

KDI support has replied to me.. they saying the app's risk portfolio (for KDI Invest) is not accurate, and ask us to check website instead:
https://digitalinvesting.com.my/


Kenanga Digital Investing
8:27 AM (1 hour ago)
to me

Hi there,

A very good morning to you. It's Roshan here and I would like to firstly apologize that there's an unforeseen front-screen issue with the App itself.
We can assure you that it's only the front screen of the App as our technical team has advised to login via the website (as per Farhana's previous email to you).

As of this moment, our technical team is still working very hard to fix the front screen as it's not reflecting the correct profile as per your selection.
​As per my colleague's previous email to you, there is no impact to your investment. To view the full day one summary, we would suggest you login into website/desktop/laptop and view the full summary.

Thank you very much and have a great day ahead.
Kind regards,
Roshan Jaya Prakash
Customer Service Team,
Kenanga Digital Investing (KDI),
Kenanga Investment Bank Bhd.
Main Website: https://digitalinvesting.com.my/
FAQ: https://digitalinvesting.com.my/faq/
Contact us: https://digitalinvesting.com.my/contact-us/
Email: digitalinvesting@kenanga.com.my

-----------------

I went to the website and indeed this time it is showing correctly. In the app it is showing "Very Aggressive" which is not what I edited to later on:



This post has been edited by Davidtcf: Mar 16 2022, 09:45 AM

takes time to complete.. at "transaction" tab there you can see the status. Likely still "pending".
For KDI Invest there are no fees up to RM3000. The only robo advisor that offers this.

This post has been edited by Davidtcf: Mar 17 2022, 05:51 PM

TNG Go+ limit to RM3k only to get the bonus rate of 3+%. If you deposit more than 3k the rest of the funds will only earn you 1+% daily. If u have a lot of cash in Go+ better transfer to KDI save till end of this year get 3%.. No limit.

Busy that time. Those who can join pls let us know what is it about.

For aggressive investment I’m DIY via IBKR. Conservative using MYTHEO and Stashaway.

Last time tried KDI invest conservative was a let down for me due to so much % in equities.

If you’re on their aggressive portfolio should be ok.. their choices are quite good for the long term. Fully 100% handled by robo no human involved.

You can’t see what they invest in until their statement arrive on every 1st of the month (also need to put money in first).

Would suggest you try put in minimum amount RM250 then later if you ok with their choices, then put in more.

Their KDI invest foc no fees for first RM3000

This post has been edited by Davidtcf: Mar 19 2022, 11:50 AM

When you change risk the system will trigger buy and sell orders to buy or sell ETFs to suit your risk.

Hence why not recommended to change risk often, it will trigger small losses. Don’t touch it unless you really sure. Also need to factor in currency conversion rate and buy/sell fees of their broker. Even if you DIY each time you buy or sell stocks will incur some charges.

I believe they are referring to management fees of switching profiles being foc. Even Stashaway don’t charge for that, but each time change risk sure see similar losses. Up to RM5-10 bucks. I know coz I change risk profile there and in KDI before.

Buy and sell ETF or stocks sure got some charges by some middlemen somewhere, also taxed and fees by NYSE side also.

This post has been edited by Davidtcf: Mar 20 2022, 10:51 AM

best for kilakila to chat with their support or send email to confirm on the charges.

so far I switch risk profile sure got some small losses.

FOC fees if invest below RM3000 for KDI Invest. No other robo advisors have this. (still got FX rate of 0.2% charges)

It is also fully AI driven.. but can see what you invest in only via statements on 1st every month. Portfolio depends on what risk you choose.

This post has been edited by Davidtcf: Mar 23 2022, 04:08 PM

if got so much money usually people hire financial planner already.

amazing, calculate down to small dollar and cents for KDI Save

imo if want to compare, then do it vs Versa - its closest competitor.
Go+ has limit of RM3k only anyway.

still better than keeping cash in savings account.

as long I see got some interest earned i'm happy.

yes my point also.. if wanna earn more then go for lock in period via a good FD for low risk.

If don't mind higher risk, invest into Equities (stocks). If don't like Bursa, then invest into US, or our neighbor SG stock market for nice returns.

Medium/low risk, invest into MY/SG/AU etc REITs stocks.

Argue over small dollar and cents in KDI Save really make me

Very nice amount. 👍👏 There.. you solve the complex equation of compounding interest in KDI save.😄

This post has been edited by Davidtcf: Mar 25 2022, 06:31 PM