Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save
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 Oct 18 2022, 09:20 PM
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#1
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Junior Member
129 posts Joined: Jan 2018 
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Hi Folks,
I read an article saying that : KDI Save does not guarantee returns. Even though it invests in low-risk Fixed Deposits & Money Market Instruments, returns are still subjected to market fluctuation. Does that mean it's still possible that I don't earn lesser interest than what they have advertised ? This post has been edited by cweng93: Oct 18 2022, 09:21 PM |
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Oct 19 2022, 12:19 AM
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#2
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Junior Member
129 posts Joined: Jan 2018
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QUOTE(1mr3tard3d @ Oct 19 2022, 12:05 AM) do you mind quote/provide the link of the article? Thanks for answering !not sure about the return of the fund itself but for now the return you receive is exactly the EAR as advertised (until further notice) unless they announce revision to the return or they go bust, you will get the advertised return for the time being currently, most mmf advertise 'projected return' up to but KDI provides fixed return for now  Yeah, I think it should be fixed regardless of the market fluctuation. This is the article I read. https://nomoneylah.com/2022/10/04/kdi-save-review/ |
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