Do I own the ETFs in my KDI Invest Portfolio?

Yes, you are the owner of the ETFs in your KDI Invest portfolio. We appoint GTN Group Holding Ltd. (“GTN”) as our broker-dealer and custodian for the ETFs. Hence, the ETFs are technically held and owned by GTN. KDI’s legal entity, Kenanga Investment Bank Berhad, is a beneficiary of GTN. As you are an ETF investor of KDI, you are a beneficiary of KDI Portfolio Accounting ledger. Therefore, you are the owner of the ETFs in your KDI Invest Portfolio(s).