Epf will have no funds to manipulate the market cuz everyone is withdrawing out to public mutual.. oh.. another party also can't borrow from when emergency appeAr.. such as GE13
Ya la ...pity to the UTC . If not mistaken they can get high income thru these type of withdrawals. Now the junior UTC sure find it hard to do marketing... some of them maybe..huhu
EPF must have solid reasons to bar Public Mutual. comparing EPF rates with their funds return is normal publicity. unit trusts distributors relies 80% sales from EPF withdrawals. can anybody enlighten? reasons for EPF action
Grateful to Public Mutual. Excellent returns. Invested 5 yrs using EPF savings, my return was 85%. Just sold off 3 wks ago cos the KLCI is at all-time high !!!
EPF don't want pple to withdraw then they cannot use EPF funds to shore up lame duck G linked cos. do if smart folks know where to put their money in UT or buy their own. To be fair. They also help companies during their bad times. EPF bought a lot of rubber and plantation stocks.
LOL... some UTC quite aggressively go EPF office there to pull in clients... i'm a public mutual UTC, heard this from agency manager asking us not to do so as EPF there did lotsa complaints to public mutual ady... but i guess some hardcore and stubborn UTC jus dun giv a damn, ended up like this...
2molo reopen... the cause is 1 idiot UTC from klang go use EPF logo on his/her own self-made leaftlet etc and distribute to ppl to sell pmutual funds... EPF guys found out, hence the issue...
Shine, Generally PM manages the funds well and most funds are giving much better returns than EPF's interest rate over a period of 5 years. The UTC consultant should be able to assist you to decide or you could actually go to the PM website to view the performance chart of each fund.
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Posted by buybackma > 2012-10-30 12:33 | Report Abuse
Hemm...reasons?