Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed

Outline · [ Standard ] · Linear+

Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save

views
     
p4n6
post Mar 22 2024, 09:10 PM

Look at all my stars!!
*******
Senior Member
5,968 posts

Joined: Jan 2003
From: KL, Malaysia
In the beginning i saw daily update but i think recently every2-3 days update the interest earn … is it normal?
p4n6
post Jul 12 2025, 11:45 AM

Look at all my stars!!
*******
Senior Member
5,968 posts

Joined: Jan 2003
From: KL, Malaysia
QUOTE(genesic @ Jul 11 2025, 05:41 AM)
i read that term and condition and i have higher amount than RM50k as Tier 1. In fact Rm57,XXX still in Tier 1.
*
KDI does not reinvest your return, if you kake withdrawal, it will withdraw from your deposit not your return… you need to withdraw full amount and park again if want to reinvest the return …

Abit silly … unless there is a setting?
p4n6
post Jul 14 2025, 07:04 AM

Look at all my stars!!
*******
Senior Member
5,968 posts

Joined: Jan 2003
From: KL, Malaysia
QUOTE(ericlaiys @ Jul 13 2025, 11:14 PM)
then return there got no interest? dont sound right
*
QUOTE(Fantasia @ Jul 13 2025, 11:24 PM)
Return also accounted for interest.
*
You sure? I calculated it doesn’t though.
Return does not account for Tier but has interest?
Then the interest is based on which Tier if cross tier?

And i observe the daily return remains the same over 1+ year, this should not be the case if return reinvested.
p4n6
post Jul 15 2025, 06:11 AM

Look at all my stars!!
*******
Senior Member
5,968 posts

Joined: Jan 2003
From: KL, Malaysia
QUOTE(Fantasia @ Jul 14 2025, 09:21 AM)
I am sure. I attached my fund value. I will update again after I received the interest.
user posted image
Update:
user posted image
Return is accounted for the interest received.
*
QUOTE(1mr3tard3d @ Jul 15 2025, 01:35 AM)
the interest is certainly compounded, otherwise it would never be the promised 'EAR'
but it appears that the net deposit of RM 50,000 will continue to get 4% EAR even though the interest accrued results in total value exceeding RM 50,000
meaning, could enjoy 4% EAR with RM 50,000 deposit instead of RM 48,076.92 and there is no need to withdraw the the accrued interest

due to the lack of transparency, what is also plausible could be due to two different portfolios despite within the same growth fund
*
Question: Let say i put RM50k, after years, now return 5k, total is 55k now.

50k Tier 1 = 4%

I know the 5k return is not in Tier 2.

If there is compounding, what is the interest on the 5k?

Also 4%?
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0909sec    0.10    7 queries    GZIP Disabled
Time is now: 1st December 2025 - 04:01 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.