What is Interest Rate Per Annum (p.a.), and how does this apply to my returns?

The p.a. figure is the interest rate obtained by annualising the daily return over a year. While returns are still compounded daily, the quoted rate itself does not include the compounding effect. KDI Save deposits are compounded daily. In other words, your interest is added to your daily principal for future compounding at your eligible interest rate tier. For example, Client A has deposited RM5,000 into KDI Save and KDI Invest, respectively. The Client holds investment for both accounts for 12 months. To calculate how much Client A earns:

When you invest with KDI Save, you benefit from daily compounding returns. In the illustration above, Client A earns an additional RM3.80 when choosing to invest with KDI Save at Tier 1.