Epf Investment Public Mutual
Kuala lumpur april 30 eligible employees provident fund epf members investing under members investment scheme epf mis will be entitled to a reduction of upfront fees charged by fund management institutions fmis starting may 1 2020.
Epf investment public mutual. Public mutual bhd 8th floor menara public bank 2 no 78 jalan raja chulan. Public mutual is no 1 in unit trust and private retirement scheme prs. Epf mis is a scheme that allows epf members to transfer a portion of their savings for investment in unit trust. 8 when will epf relinquish control on epf member s investment with public mutual.
The reason is because the sales charges when one invest unit trust via epf is only 3 the sales charges for investment via cash is 5 5 6. Employee provident fund epf or also known as kumpulan wang simpanan pekerja kwsp is a government agency who manages compulsory saving plan and retirement planning for private sector employee did you know we can use our epf in account 1 to invest in registered fund like public mutual for example. 3 foreign exposure is up to 60 of the fund s nav in overseas market. Ipd020 list of funds.
Posted on 25 jun 2012 01 jan 2015 by steve ngai. 4 foreign exposure is up to 98 of the fund s nav in overseas market. Effective 1 july 2019. 2 foreign exposure is up to 30 of the fund s nav in overseas market.
This is the cart epf kwsp dividend paid since 2000 2015. A attaining the age of 55 or b leaving the country or c disabled or d deceased 9 what if the epf investor of an account under the epf members investment scheme passes away. To facilitate epf members in preparing for a comfortable retirement the epf allows you to make a partial or full withdrawal from your savings to meet the specific retirement related needs that are in line with the epf s current policies. Epf members investment scheme epf qualified funds offered by public mutual diversify your retirement fund via epf mis plan ahead and boost the value of your employees provident fund epf savings to increase your future purchasing power.
03 2785 9800 fax. The reduction is for a period of 12 months ending april 30 2021 thus enabling the members to diversify. Mohd adzhar bin abd hamid. If you plan to invest into public mutual s unit trust fund i would like to recommend you to do so via epf.
Najmi bin haji mohamed. Qualified epf members can choose to invest through fund management institutions appointed by the ministry of finance. 03 2785 9901. Box 10701 50722 kuala lumpur.
The nominee in the epf record if any or beneficiary of the. Epf members investment scheme.