Did you know that there’s an alternative to match your long-term investment EPF Savings against your long term stock market investment for a potentially higher equities market return?
Most of the public only know that they can invest their Account 1 EPF to unit trust . In fact, on November 2006, the Employer Provident Fund (EPF) launched the EPF INVESTMENT SAVING SCHEME where you are eligible to withdraw funds under this scheme and invest through appointed Fund Management Institution (FMI) as an alternative to EPF.
This scheme is very suitable for those who wanted to getting more and also have a total control of their fund. Normally, Fund Management Institue (FMI) offers 2 types of service :-
Discretionary Mandate
This service will be suitable if you wish to have an investment portfolio tailored to meet your individual investment objectives, risk profile, time horizon and actively managed to reflect changing market conditions.
Advisory Mandate
You will have full control over the decision to buy and sell quality companies listed in Bursa Malaysia with the advice of your personal Fund Manager and investment tools available by the FMI and also their investment platform.
Below are the historical dividend rates (table & chart) since 1952. The ball is in your court. You can either invested in a stock market which have a potential of higher return or keep your fund in EPF.
Please bare in mind that when it comes to investment, there’s always risk involved. You may speak to your Fund Manager on how to minimize the risk while still enjoying higher returns.
The minimum amount to invest is RM 30,000. However, EPF members may build up the amount over a number of investment with the conditions that the first investment is at least RM10,000 but not more than 20% of the amount exceeding Basic Saving in Account 1 at the intervals of three months.
How much is required for my Basic Saving Account 1?
Example to be qualified
For those who interested to know more about this scheme may do so by fill up the form.
