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

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TStadashi987
post Feb 17 2022, 12:11 PM, updated 4y ago

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Hi peeps,

opening this thread for the discussion on Kenanga Digital Investing (KDI) so not to hijack SA (Stashaway) thread

Reminder: peep pls do not share your referral outright in the forum, you will get reported by anonymous (not me), it is unspoken rule in FBI session tongue.gif
I already saw several reports on forumer who asking for referral code or replying to such.


KDI Official Website:
https://digitalinvesting.com.my/
- Login
- Account Opening

KDI Web Account Login:
https://app.digitalinvesting.com.my/user-login

Kenanga Digital Investing (KDI) consists of two investment tools:
1. KDI Invest (Stashaway ETF portfolio alike) - click for more info
user posted image
Your withdrawal from KDI Invest will take approximately 5 working days to reflect in your bank account
QUOTE
According to KDI CS, you can view the portfolio's underlying ETF placement after getting the monthly statement.

2. KDI Save (seems to be akin to Money Market Funds portfolio like Stashaway Simple/Versa) - click for more info
user posted image
QUOTE
According to KDI CS, it is a short-term deposit that works similar to FD, they are able to guarantee the return rate but they typically do not reveal further info on the placement itself. It is with Kenanga Treasury.

Your withdrawal from KDI Save will reflect in your bank account:
Latest 1 day after the withdrawal day (T+1), if withdrawal made before cut-off time of 11am; or
Latest 2 days after the withdrawal day (T+2), if withdrawal made after cut-off time of 11am.
T should be working day, If you make deposit or withdrawal on weekend or holiday, then it will follow upcoming working day



Cut-off / Turn-around
(according to forummer's sharing here)

QUOTE(lovelyuser @ Mar 1 2022, 01:33 PM)
Deposit or withdrawal cut off is working day 11am, you will see update of same day interest or your withdrawal proceed(process by KDI) by 430pm same day
If you make deposit or withdrawal on weekend or holiday, then it will follow upcoming working day
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QUOTE(rocketm @ Mar 11 2022, 11:48 AM)
I have asked Kenangan this:
Cutoff Deposit
KDI Save - 11am
KDI Invest - 8am

Cutoff withdraw
1-2 working days

Transfer from KDI Save to KDI Invest
4-5 working days

My experience is
Deposit @21.02.2022, 3:14PM and account update @23.02.2022, 12:47AM.  (2days)
Transfer from KDI Save to KDI Invest @24.02.2022, 3:57AM, account updated @25.02.2022, 4:42PM (1day)

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FAQ Shortcut
https://digitalinvesting.com.my/faq/


KDI Referral Program
- not sharing my code to abide forum rule, do PM me or other investor smile.gif
user posted image
QUOTE
According to KDI CS, after your referee successfully deposited RM250 in their ETF account, KDI will reward RM 10 to both referrer and referee in 30 days.


Experience Sharing:
Pros
1. Quick account opening, got it open in one hour (Though there are forumer reported a day or more than that)
2. Quick investment deposit processing for KDI Save, deposit through FPX in the morning, got the units, and return in the afternoon
3. Promotional rate of KDI save 3%

Cons
1. BY FAR no details of underlying assets for KDI Invest, this info will only be available in your next month's statement
2. Login engine doesn't have 2FA
3. Mobile app doesn't have fingerprint/face ID login

Fee
https://digitalinvesting.com.my/invest/


This post has been edited by tadashi987: Apr 7 2022, 11:02 PM
TStadashi987
post Feb 17 2022, 02:08 PM

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QUOTE(Ramjade @ Feb 17 2022, 02:03 PM)
After you login, and you click KDI save, under their terms and condition, it's mentioned the 3% is until 30th June 2022. Not sure who's lying. KDI team or all the newspaper.

If is until 30th June 2022 why mentioned until end of the year.
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from the all the sources i read is until end of this year tho
Official: https://digitalinvesting.com.my/save/

News:
https://www.theedgemarkets.com/article/kena...esting-platform
https://soyacincau.com/2022/02/16/kenanga-a...tment-products/
TStadashi987
post Feb 17 2022, 02:23 PM

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QUOTE(tehoice @ Feb 17 2022, 02:18 PM)
Money market funds, relatively easier to move your funds around. just move when the promotional rate ends.

by the way, i am still waiting for my account to be approved.

how long does it take for your account to be approved?
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got mine approved in an hour

QUOTE(juudai1990 @ Feb 17 2022, 02:21 PM)
Got mine approved and transfer the money...

Saw that using MBB can use CC to add cash...

Anyone knows will it be counted as cash advanced and charging additional interest? If no cash advanced, then not too sure will it be earning points or not...
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user posted image

you can try, i tried and the transaction will be failed eventually, was trying to give some trouble to them but no luck tongue.gif

This post has been edited by tadashi987: Feb 17 2022, 02:23 PM
TStadashi987
post Feb 17 2022, 05:50 PM

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QUOTE(hafizredha @ Feb 17 2022, 05:34 PM)
the interest paid daily, gain another 1 sen today hahahaha
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yeah got another 8 sens from my $1k investment
it seems their return is calculated and distributed daily.

btw i just invested min amount RM250 into their KDI invest (risk profile- Balanced) just trying it out biggrin.gif


TStadashi987
post Feb 18 2022, 02:03 PM

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QUOTE(Medufsaid @ Feb 18 2022, 01:47 PM)
user posted image

KDI doing investing forrest gump style ke?  whistling.gif  whistling.gif
life was like a box of chocolates. You never know what you're gonna get
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maybe lesson learnt from stashaway, or else people be like critizing ETF selection, transaction made time tongue.gif
TStadashi987
post Feb 18 2022, 02:18 PM

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QUOTE(radioxie @ Feb 18 2022, 02:09 PM)
*
peep pls do not share your referral outright in the forum, you will get reported by anonymous (not me), it is unspoken rule in FBI session tongue.gif
I already saw several reports on forumer who asking for referral code or replying to such.


TStadashi987
post Feb 19 2022, 09:58 PM

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QUOTE(jutamind @ Feb 19 2022, 09:45 PM)
Here's the asset allocation for Aggressive Growth profile/risk. High allocations to real estate

user posted image

Seems like the highlighted region in the map and the geography invested doesn't tally. Could be a bug.

user posted image

Need to wait for next statement to see the actual ETF purchased
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i found their map display and highlight are so messed up hahaha tongue.gif
TStadashi987
post Feb 20 2022, 01:37 AM

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QUOTE(bernard90 @ Feb 19 2022, 02:59 PM)
hi all, why i Can't find the KDI app in app store?
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QUOTE(Leo the Lion @ Feb 20 2022, 01:32 AM)
I cant find the app in Apple App Store. And when I click the link from their official website, it says not available in this country.
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seems to be taken down from App store for the moment, maybe sometimes to do with their deployment agreement to Apple Store
TStadashi987
post Feb 20 2022, 08:07 PM

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QUOTE(Nemozai @ Feb 20 2022, 05:39 PM)
Response from Kenanga FB

user posted image
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is that ramjade ? tongue.gif
TStadashi987
post Feb 21 2022, 12:07 PM

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QUOTE(tehoice @ Feb 21 2022, 11:42 AM)
I noticed that the day you placed your deposits will also earn you interest in this KDI Save.

For others, typically then the money is in the account/on the platform, then only it will start accruing from there.

Kudos to KDI Save.

Wish they could also enable bio-metric login on the app for convenience as well.
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really dunno how is the cut off time works
or it works akin to saving account as long the money is in before 12:00 midnight, u entitle for return tongue.gif
TStadashi987
post Feb 21 2022, 06:09 PM

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QUOTE(guy3288 @ Feb 21 2022, 06:07 PM)
thumbsup.gif more time to get some pocket money
I deposited on Sat and Sun, today  can see 1 day interest paid .

My 2nd acc opened Saturday 5.30pm, only approved 12.30pm Mon
Deposited money straight away, still pending, if this also earn 1 day interest later on tonight,
that means  no point deposit on Sat or Sun,
might as well wait till Monday only deposit.
apa mahu takut masuk saja. any bad news WD la.
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wow that's a lot money brows.gif brows.gif
TStadashi987
post Feb 21 2022, 09:22 PM

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QUOTE(abcn1n @ Feb 21 2022, 07:42 PM)
KDSave guarantees the  principal sum right?
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risk similar to MMF
TStadashi987
post Feb 22 2022, 09:21 AM

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QUOTE(abcn1n @ Feb 22 2022, 01:07 AM)
Thanks. Principal not guaranteed then.
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you can say it is not guaranteed since it is not FD or saving account protected by PIDM.
all investment tools are not guaranteed by PIDM AFAIK, but it is very low risk.
TStadashi987
post Feb 22 2022, 01:03 PM

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QUOTE(lim47 @ Feb 22 2022, 12:51 PM)
Hi gang,
If use Maybank credit card to deposit can or will be rejected?
There have option in Maybank fpx
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yep trans will fail at the end
TStadashi987
post Feb 22 2022, 04:41 PM

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QUOTE(ronnie @ Feb 22 2022, 04:35 PM)
The referral is not needed if we just use KDI Save, right ?
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yep
TStadashi987
post Feb 24 2022, 08:51 AM

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user posted image

For u guys information
TStadashi987
post Feb 24 2022, 11:39 AM

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QUOTE(ericlaiys @ Feb 24 2022, 11:10 AM)
here is their response
The charges are zero management fees for anything that is RM3000 and below.
For KDI Invest, there is still charges for expense ratio and fees conversion costs involved. Kindly also note that returns for KDI invest may dip due to fund performances of your selected risk profile's ETF portfolio.
You will be able to see the breakdown of charges in your monthly report that would be emailed to your registered email address
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yep i think not only the FX rate, but also because marketing keep going down for these this week, so u bought, then it drops
TStadashi987
post Feb 24 2022, 04:20 PM

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luckily i jz put RM250 into KDI invest (balanced) test water, now russian attack ukraine everything gonna be down to drain
TStadashi987
post Feb 25 2022, 10:11 AM

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QUOTE(tehoice @ Feb 25 2022, 09:57 AM)
you can invest first and withdraw it later, i doubt you will see more losses than RM10 in the very near term if you are investing the min sum of RM250. Still a win-win solution.
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my balanced portfolio losing RM4.00+ from RM250 cost dah, fck warrrrrrrrrrrrrrrrrrr
TStadashi987
post Feb 26 2022, 12:24 PM

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QUOTE(CoolStoryWriter @ Feb 26 2022, 12:19 PM)
Would you recommend to put in KDI invest or Stashaway? I currently have 5 digits in Stashaway but the 36% risk index is disappointing, mostly due to KWEB.

Im planning to stop putting into STASHAWAY and diversity into KDI.
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dont think anyone can provide useful recommendation or advise because by far we dunno what is the underlying asset/ETF under each portfolio of KDI Invest
as well, KDI invest is new so there isn't any trailing performance for reference.

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