EPF for 2014 Jan onwards: http://www.kwsp.gov.my/portal/documents/10...ANUARY_2014.pdf
New MINIMUM savings table for age base

Just thinking of Impact:
EPF A/C1 withdrawals for mutual funds / stocks?

If EPF intend was to help savers, they should tighten account 2 instead, I cannot withdraw my money as cash in account 1, EPF or UT. Got difference?

IMHO, got prawn behind stone.

A bit free at office today so I'm gonna do some charity work...

https://forum.lowyat.net/topic/2910659

Read Post #1, point no. 3 (ii) and (iv)

Back to School.

Some of the recent newbie posts got me thinking about DCA and DDI. (Dollar Cost Average and Direct Debit Instruction.) What are they? Any difference between them?

DCA is a good investment tactic. You can google and read all about it in the investopedia site. Here's the link. http://www.investopedia.com/articles/stocks/07/dcavsva.asp

DCA is a proven tactic. Lump sum investment is only good if 'timing the market' is done right. But what went wrong, or rather why the wrong perception that it is not a good investment tactic?

First, maybe it was not done correctly.

An initial investment is a minimum of $1000. Subsequent monthly re-investments or DDI could be as low as $100. Can it be said DCA was applied in this case? Remember what the 3rd letter stands for? "A" stands for "AVERAGE". So clearly in this case, it will take a longer time to "average" out the initial investment.

A true DCA should work equally well whether the market is going up or down.

In the pseudo DCA with a much larger initial investment, the raw perception of it would be that it is better in a uptrend than in a downtrend; while in reality it is better in a downtrend. (Please pause here, and you should see it is usually better to buy in a downtrend...)

Secondly, it is too soon to tell whether the tactic really works within a year. Especially if using the pseudo DCA with a much larger initial investment. DCA investing is laying down the ground work, it will take some time for the seeds sown to grow and bear fruits.

Thirdly, maybe the maths on the ROI (Return of Investment) was wrong.

The market index went up 5%, so the fund underperformed with ROI of 2.5%? Time to switch to a better fund?

But what if I tell you I calculated the ROI inclusive of the service charge? And furthermore, what if I started the fund less than 8 months ago? And on top of that, it was a lump sum into a money market fund before I "DCA" it to the equity fund 4 months ago. The ROI of 2.5% is not good (as it is lesser than FD) and should switch into another "better" fund?

Cheers. Happy hunting!

P.S. Actually, most of us are doing some sort of VCA (Value Cost Averaging or Value Averaging) without knowing it!

1. Go to KWSP website, find the list of approved funds, throw out PB series funds, throw out the bond funds.

Here you go, list of approved Public series funds (equity only) effective 1st April 2014. 
Public Dividend Select Fund
Public Focus Select Fund
Public Index Fund
Public Industry Fund
Public Islamic Alpha-40 Growth
Public Islamic Dividend Fund
Public Islamic Equity Fund
Public Islamic Optimal Growth Fund
Public Islamic Sector Select Fund
Public Islamic Select Enterprises Fund
Public Islamic Select Treasures Fund
Public Ittikal Fund
Public Optimal Growth Fund
Public Regular Savings Fund
Public Sector Select Fund
Public Select Alpha-30 Fund

2. Go to Morningstar Malaysia website, select "Public Mutual" in the Local Rep field, then check the above funds for their number of stars. Pick out those with 4 or 5 stars. You can get more info on the fund by clicking the fund name.

https://my.morningstar.com/ap/fundselect/results.aspx

3. For more up-to-date performance on the funds, go to Public Mutual website, look up the fund performance chart. It compares the fund against its benchmark.
http://www.publicmutual.com.my/application...formancenw.aspx

4. Instead of dumping all at once or every 3 months, you could also consider dumping the whole withdrawal into a bond fund and then regularly switch out at least 1000 units at a time from the bond fund to the equity fund. I would suggest either Public Islamic Income Fund or Public Select Bond Fund. With 24k, you can spread out the purchases over 12-24 months, as 1000 units is about 1k... using DCA investment strategy.

Cheers.

===========
Edit:
1. Instead of parking temporary in bond funds, a money market fund could be better.
2. Don't sign any empty forms for future transactions with the agent. Sign up Public Mutual ONLINE, and do the switchings on your own. Once you're a registered user, the only transaction that cannot do online is EPF withdrawals.

Sorry, guys... I need to challenge your views...

1. Please do not assume all funds are the same. And in direct connection to its underlying index or benchmark.

2. He was talking about a specify fund, and whether China has potential or not, that relationship is secondary. This was how he got into trouble in the first place. I know, since I was in his situation before, and that's how I got there. Too readily buying into the sales pitch "China has big potential". 

3. Just a quick look at the "Fund Performance" Chart for this fund, and flick through 3 years, 5 years, and since fund commencement will shows that this fund really, really underperformed its benchmark.

4. In the 1-year range, it has increased 17.14% (benchmark 18.03%). Still under performing, but keeping up with its benchmark.  But note it is a volatile fund, can drop 10% in a matter of weeks as shown in the chart, dropping from about 17% to 7%. How will it fare in the near future? We can only speculate.

5. Whether to drop the fund, fully or partially... as mentioned too often, depends on how the structure of the portfolio should be. And at what stage is the portfolio.... if still at the beginning stage, then continue DCA to average down the costs of the units (if the fund is a permanent part of portfolio).

If the fund is too large (and too volatile to you) , then trim it by switching a portion of it to a more conservative fund (but foreign), or into a local fund.

6. Me? I don't have the patience... I dropped it like a hot potato 2 years ago, and it went up 24% since then. Regret? NO! I'm now having a much better portfolio (which suit my needs) and had more than recovered what I lost. (See the small caps YTD performance in the previous post... all better than PCSF's 0.39%.)

so it's a sell. noticed the PCSF price above 0.18 already. Monday sell more and transfer to FSM can buy FSM UT at 0% fee