It will go to both AC 1 (x%) and 2 (y%). Forgot the % values now.

Yes, in EPF online, you can see your contributions and withdrawals, and the balances in the 2 accounts.

FGV loss was already realised in their account back in 2014 when the price dropped by about half.

So FGV impact on EPF 2016 return should be rather small.

A thought (some may say it is STUPID Ha) came to my mind some months ago, to open EPF accounts for my kids who are still schooling. Why? Dividend rate is better than the normal bank FD rate.

Yes, money will be tied up till they retire (some in account 2 they can take out early).

Check with EPF says those above 14 can open EPF ac (not working can also apply).

Like to have your views.

Thanks.

Good.

My estimate is 5.9 to 6.2 using revenue as well. See my earlier thread.

Our estimates are pretty close, so must be right. Ha.

Hope it will be higher than 6. Even 6.05, I will be happy. Ha.

This post has been edited by plumberly: Feb 16 2017, 09:07 PM

Noted and thanks.

Already have SSPN, need to look further to find out more.

UT? Prefer to stay away from that with a 999 km pole! Most are there to make money for the companies, no offence to the really good UT companies.

Very well done!

5.7% = disappointing * disappointing * disappointing

Why?

If EPF really did not perform well in 2016, then fair game/%.

But ...

2016 revenue is the highest so far. Yes, the fund size now is bigger etc etc and thus the div % is not linearly proportional to revenue but even then, it should not be that low.

Something is not 100% right to me.

Did a quick std deviation. 5.7% is sitting at -2 SD! So even maths says 5.7 is at the extreme end.

I think I read from somewhere that EPF is carrying over a few billions to this year (will try to find that article). If that is the case, then for me 5.7% = disappointing * disappointing, i.e. not so disappointing though I prefer no carryover.



P/S If anyone here knows where the carryover article is, please share here. Thanks.

This post has been edited by plumberly: Feb 20 2017, 09:58 AM

Thanks. I thought I saw a "9" figure. Yours talks about 8 billion. So ...

Ahha, yes, I think I saw a "9" figure too. Do you still remember where is that article?

Scary thought came to mind just now.

Even with 47 billion, we get only 5.7%

How much do they need in the future to give 6+%?

I will try to study the % with annual find size and see how much that has influenced the final %. So trying to get the yearly EPF fund size.

This post has been edited by plumberly: Feb 20 2017, 10:55 AM

Excellent!

Mind taking me as a hardworking student? Ha.

In shares, ETF, bonds, commodities, RE, etc etc?

Definitely yes.

Why?

The div is calculated on daily basis. You start getting the div the day you put it in. So the earlier you put it in, the more div you will get.

Normally they will say it will be a tough year due to the economy etc etc.

But in today's The Star, the EPF top guy says that 2017 will be a good year!

Why so optimistic?

My gut feel is, 2016 was also a very good year with the highest revenue and everything being equal, we should have a higher rate than the disappointing 5.7

This post has been edited by plumberly: Feb 20 2017, 08:59 PM

My PM PRS is not negative, I hope. Need to check the latest statement. Ha.

My 2 cents:

AA
Is your tax refund from this PRS sufficient to cover for all the charges and losses with this PRS?

BB
Change to a better PRS. Check FSM section, some sifu there can help.

Well done Sifu!

Much better than my single digit return for 2016.

Just wondering, can it be just adding up the %?

Say

1 million return 5 %
10,000 return 25%

Then 5+25=30% is not right.

Should be pro-rata to the amount invested for each and then take the average return.

My 2 cents.

I see.

Outsiders do not know the full detail. As long as you did it the right way, then fine.

Well done for 2016.

My gut feel is something is not right with the low 5.7% despite the record 2016 revenue. See below. Swept/hidden under RM8.2 billion impairment?


Pakatan Harapan leaders today urged the Employees Provident Fund (EPF) to dispose its investments in 1MDB as soon as possible.

In a joint statement signed by Parti Amanah Negara’s Dzulkefly Ahmad, PKR’s Wong Chen and DAP’s Teresa Kok, the opposition coalition claimed that the decrease in EPF’s 2016 dividend rate was due to EPF’s investment amounting to RM1.72 billion in 1MDB.

Apart from the EPF, Pakatan Harapan also urged government institutions such as Tabung Haji and Retirement Fund Inc (KWAP) to dispose their investments in state investment fund.

The EPF, they said, was facing financial problems which would in turn affect EPF depositors.

“EPF’s investment of RM1.72 billion is a huge amount, more so since the funds are from the people’s savings,” they said.

Read more: https://www.malaysiakini.com/news/373422#ixzz4ZQ0TF2Ab

Did some graphings to give me a better picture. See below.



AA
Surprised to see the growing large population for the young ones.
Also surprised to see the small number for the old ones. Expected a few thousands but less than 100.

BB
36-55 age groups are the largest contributors to the EPF fund!

CC
Surprised to see about RM170k-190k per member (average) spread over the age groups. Expected an increasing trend with the age group.
A dip for the 55-70 age groups. Why? Due to high cost of living, expenses etc over the past few years?

Waited for the 2016 annual report. Wanted to learn more about the large impairment costs which resulted in a lower 2016 % though the total revenue for the year was very good. Like to know which investments are these impairment costs from. Any ones related to 1MXX? Please share if you can. Thanks.

Time to guess what 2017 dividend % will be.



I expect a very satisfying % for 2017, looking at Q1-3 revenues, HIGHEST for their respective quarters.

I expect 6.5 - 7% for 2017.

I hate it when the smart guy there gives a lower %, saying to save some for the bad days ahead. Too much behind the doors manipulations for political reasons, etc etc with that excuse.

Keep my fingers and toes crossed for 6.5-7%.

I hate this sort of manipulation, politician fingers in public funds for their own targets and survival.

If Anwar will be released in Jun 2018, then most likely GE14 will be before Jun.

This is going to be one hell of an election!

Also hope EPF 2017 % will be hell high too! Ha.

Thanks.

If it is not within target (THE 2%), then we are in BIG BIG trouble!

Getting more and more with announcements like this, saying something but not really saying anything. Even primary school kids can say it and be right with the statement.

Hope R is reading this.

Be a REAL leader and do the right thing! Don't hide behind MO1 shadow.

A friend just informed me on the Sin Chew's front page good news on EPF %. They predicted around 6-7%. See Sin Chew paper.

This post has been edited by plumberly: Jan 23 2018, 08:18 PM