Unit Trust & ETF

Online EPF Withdrawal System for Personal Investing

Federation of Investment Managers Malaysia (FIMM) unveil a new system called Elektronik-Pilihan Pelaburan Ahli (E-PPA). With the new system EPF members’ could now submit their applications online for withdrawing part of their EPF saving to invest in unit trust funds.

The E-PPA system was jointly developed by FIMM and the EPF and it aim to reduce the application processing time to two days from between 15 to 20 days under the manual system.

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What You Need to Know Before Investing in Unit Trusts

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Before you decide to deposit your money into unit trust, get yourself a copy of prospectuses from different funds and read through them. A prospectus is the most important document that you need to understand before investing in unit trusts. It will serve you as a roadmap regarding the fund.

Wide range of unit trust funds are available in the market which come with various investment objectives and risks involved. Investors need to do their homework and make wise decisions in choosing the most suitable funds for themselves. Most of the informations are available in the fund prospectuses.

Here are some of the key elements that you need to find out when reading a prospectus.

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Why Should I Investing in Unit Trust?

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Unit trust or mutual fund is a financial vehicle through which individuals may invest their money. The idea behind unit trust is better returns through collective investing. In other words, it means pooling the investments of many investors, individuals and institutions.

Unit trust is getting popular nowdays due to potentially higher return when compare to fixed deposit or EPF saving. Furthermore, EPF is providing an option to withdraw some or your EPF saving for the purpose of investing in unit trust.

If you still wondering whether to invest in unit trust or not, you should see the reason why you should.

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New Guidelines for Unit Trust Funds in Malaysia

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Recently, Securities Commission (SC) announce plans to amend the guidelines on unit trust funds in Malaysia. The ammendment will allow for greater flexibility and choices to meet investors needs.

The amendments will facilitate the creation of multi-class structure unit trust funds. This means that single unit trust fund will be able to offer multiple classes of units over a single investment pool, with each class of units having different features such as the fees and charges imposed and the currency in which it is denominated.

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