expect more spam PM or post from UT agents

Some salient points from the interview:

I) KWSP-MIS will be going online and to allow members to go direct UTF investment without agent. In future life is going to get more suckish for an agent, yes? @Sniperz!

II) KWSP-EFM management fee is around 0.25 to 0.30% p.a., versus 1.5% p.a., we retail investors are paying. But the KWSP CEO do not forsee a drop in annual management fee for KWSP-MIS for retail investors.

III) KWSP is sending a lot of their front line staff to get RFP qualification to provide quality professional advisory service FOC to members.

Xuzen

May I know what date is the EPF dividend cut off date?Is it first of january every year?
If my parent which is over 60 years old withdraw portion of their money out this month, will they be entitle for the pass 5 month interest?

May I know what date is the EPF dividend cut off date?Is it first of january every year?
If my parent which is over 60 years old withdraw portion of their money out this month, will they be entitle for the pass 5 month interest?

May I know what date is the EPF dividend cut off date?Is it first of january every year?
If my parent which is over 60 years old withdraw portion of their money out this month, will they be entitle for the pass 5 month interest?

yes. No worries. They will get 5 month interest..

5 month 2.5% or 6.5 %? And what is the date for the actual dividend to be paid? Thanks

Now seems letting money in epf is better than put them in unit trust.
None of my unit trust epf is profitable so far. Jual also rugi.

For the past three years, KWSP-MIS UTF(s) were doing double digit growth. If you have not participated in it, that is an opportunity cost loss.

Xuzen

So far i participate pm, cimbwa, all rugi kaw kaw. Most rugu is cimbwa.
Dun wan to risk any further. Better keep in epf.

Did you invest in shariah compliant funds? These few years been really bad for shariah equity funds

Yeah all syariah.
Oh i forgot the only still making profit is maakl fund.
Still positive despite many years in there.

If you are a bumi, might consider asb & asb2. Both of them give 7-8% p.a

If you are a bumi, might consider asb & asb2. Both of them give 7-8% p.a

I sound like broken record - ASB and ASB2 are not shariah compliant 
But yes, TS can invest in ASB & ASB2 if he is a bumi

Maybe the question is, if a muslim is ok to go for ASB & ASB2, then why not non-shariah compliant funds?

No intention to go into religious sensitive matters. Just a matter of fact discussion

I think asb & asb2 have better track record (return) compare to epf but like you said not syariah compliant. But if I am not mistaken, they are already ~70% syariah compliant.

I sound like broken record - ASB and ASB2 are not shariah compliant 
But yes, TS can invest in ASB & ASB2 if he is a bumi

Maybe the question is, if a muslim is ok to go for ASB & ASB2, then why not non-shariah compliant funds?

No intention to go into religious sensitive matters. Just a matter of fact discussion