Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save
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 Oct 17 2022, 08:46 AM
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#1
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Junior Member
394 posts Joined: Dec 2017 
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On the dashboard for KDI Save, there are three values - Current Value, Returns and Net Deposit. I am observing that after certain period, some of the amount in 'Returns' are moved to "Net Deposit". This is making it a bit difficult to track the actual returns. I wonder why they do this. Are others observing the same?
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Oct 17 2022, 09:26 AM
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#2
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Junior Member
394 posts Joined: Dec 2017
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QUOTE(ericlaiys @ Oct 17 2022, 09:14 AM) it should be commit. same like other MMF, commit after a month Thanks. So can earn interest on interest? Does the 3% already take this into account, or will it be extra on top? Just curious. |
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Oct 17 2022, 10:30 PM
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#3
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Junior Member
394 posts Joined: Dec 2017
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QUOTE(guy3288 @ Oct 17 2022, 05:58 PM) is not after certain period. Got it. For the amount you withdraw, KDI knows exactly how long it sat in KDI hence they can give out the exact actual interest for that amount for the period it was deposited. Hence the interest is considered as paid up.(As long as u dont withdraw ,the returns will keep increasing as expected.) It is every time after you make withdrawal then it will happen (after making a withdrawal, you return will be reduced by same amount moved to Nett Deposit) You dont make any withdrawal it wont happen.... refer to my old posts what is this "commit" after a month? |
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