Invest Made Easy
All About Investing Into Unit Trust via EPF Withdrawal
Shane My
Publish date: Thu, 25 Jul 2013, 11:22 PM
Shane My
0 271
Like many of us, we seek for financial security and ultimately financial freedom. This blog is intended to act as a journal of investment as I journey towards that dream. At the same time, I hope that the articles written here would also benefit many others who share the same vision as me.
This is another touchy subject to write about especially when the topic involves Employees Provident Fund (EPF).
To start off, allow me to highlight figures from EPF Year 2012 withdrawals. In a news released by EPF dated 10th of July 2013, the total amount withdrawn from EPF by Malaysians in 2012 was RM32.98 billion, an increase of 10.3% as compared to RM29.90 billion in 2011. And according to an article from MySinChew, out of the RM32.98 billion withdrawn, RM6.64 billion were withdrawn under the category of "Investment Withdrawal".
This proves that the introduction of Investment Withdrawal Schemes by EPF have been well received by Malaysian as proven by the year to year increase in withdrawals. But what exactly is an Investment Withdrawal from EPF?
Click HERE to read the full post!
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Discussions
1 person likes this. Showing 9 of 9 comments
For those who can't digest the risks of Bursa unit trusts or mutual funds offer a safer avenue to park your ample funds. However, unit trusts are for long term investment 5-10 years. I invested in public mutual funds and unit trusts. Those that I invested at source or newly launch @25 cents didn't give returns as attractive as those that I purchase by monthly installments to take advantage of DCAP or dollar cost averaging principle.Generally, returns outmatch bank FD rates. My personal experience in unit trust investments.
2013-07-26 06:24
anyone have tried withdrawal for direct investment into stock market ? I heard that Apex securities have a scheme that allow you to withdraw as little as RM10k start up. I know that Amara requires at least RM25k start up which is quite high
2013-07-26 07:07
yes, Phillip Capital has the direct investement into stock market, min RM10k.
2013-07-26 08:45
xin li,if you're looking for better performing unit trust fund, feel free to drop me an email at shanesee03@gmail.com
2013-07-26 11:55
talking about EPF, c how RICH v r: http://www.theedgemalaysia.com/business-news/247805-exclusive-malaysia-pension-fund-to-spend-500-mln-euros-on-german-french-properties.html
2013-07-26 12:01
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