Okay guys.. It's getting OT. There's thread for amanah saham. Tis one for epf & related stuff only

2H Yr 2015 till now; a lot of hot funds are down....

But think of it this way; We all know that KWSP is heavily exposed to Malaysia large cap and Malaysia Gov Bonds. So, if you participated in KWSP-MIS program, it is wise to choose small cap and corporate bond exposure. This is what diversification is all about.

If you have bought into KWSP-MIS that are exposed to Asia-Pac ex-Jp, you will see significant loss, if you see it from a myopic point of view. But if you were to think along a bigger picture, it is not usual to have all the region down at the same time. And if it does, that position will change very quickly.

So, to change your view point a little, think along this way: You know that most Asia-Pac ex-Jp fund is down, but KWSP is not. That is the beauty of diversification. Imagine if your retirement fund is 100% in KWSP and for a certain reason M'sia economy were to tanked like Greece (unlikely to happen), your loss would really be disastrous.

That is why for long term retirement planning, having exposure to various asset class and geographical region is a good risk mitigating strategy.

Xuzen

Thanks for your insights.
I hope the nav will increase then i will sell them off back. It is painful to see the nav depreciated tremendously.
I think for the time being i will refrain myself from put any unit trust. As long as under najib, i will keep them in epf and get handsome dividend from it.

When market is bullish, you simply throw a dart, most UTF's NAV will also be on the uptrend. When market is bearish... this is the time you will separate the wheat from the chaff.

Like now, it is the best to study the behavior of the UTFs. Which is able to mitigate risk better than the other.

Xuzen

wait, you didn't know that you can invest in asb2 using your epf account 1?

i already did that...and aiming to invest 199k using epf, another 1k by cash because i plan to do the Hibah

This post has been edited by titanic_crash: May 10 2016, 03:06 PM

Seriously?
Really i don't know about that.

refer epf website for more info

EPF eyes more infrastructure assets, not discounting Duke highway
http://www.thestar.com.my/business/busines...ructure-assets/

EPF currently holds equity interest in the operators of PLUS Expressways, Cheras-Kajang Highway and the New North Klang Straits Bypass Expressway.

EPF expects shariah account holders to get same returns as conventional
http://www.thestar.com.my/business/busines...s-conventional/

Malaysia’s top pension fund plans tobacco stake exit, CEO says
http://www.theedgemarkets.com/my/article/m...?type=Corporate

Money in EPF – but not enough for retirement

http://www.freemalaysiatoday.com/category/...for-retirement/

Employees Provident Fund (EPF) recorded an investment income of RM6.78bil for its fiscal first quarter (Q1) ended March 31, 2016, a 36.21% decline year-on-year compared with RM10.63bil in Q1 2015.

“The first quarter of this year had almost all global equity markets, including the FBM KLCI, recording declines leading to lower income contribution from our total equity portfolio. Accordingly, the contribution of global assets to total income decreased to about 22% compared with 47% last year due to lower capital and foreign exchange gains.”

http://www.thestar.com.my/business/busines...lls-36pc-in-q1/

where did you get the news?
pls provide link.
thks

thanks...
wow...so wordy...
I may have missed it....
can show where in that article shows/mentioned "EPF loss money"?

do you mean this title...."EPF’s investment income falls 36% in Q1, braces for tough year "

on Labour day (1 May) I went to Genting and made RM 10000, then on 8 May I went there again......I made 36% lower......did I lose money?

falls in income is not lost money.
if last year made 50 million,...this year made 5 million (90% drops in income)......is still not lost.
further more this is just 1 qtr.
definitely not "EPF loss money" as posted.

may I know why it is a big problem for you?
are you 1 of the members of the EPF investment advisory board member or member of the FH that EPF placed the investment money in?....
I would not worry bcos if worst come to worst...I will still get 2.x% of dividend

cant speak for "us"...
but as for me...
it forces me to save for retirement
prevented my temptation to withdraw at ease
reduces my taxable income.
allows me to dream of what I want do when I get the money.
I think got some more.

what about you?
Pls enlighten me why epf is NOT good for us?

ONLY if and when that happens.....

on current clear and present issues...what are the chances of that happens?
talking about politic issues...there are many in the majority race is EPF contributors too.
will it be suicidal for a political party of that majority race to do that?
I would not worry about something beyond my control....like epf money being suck dried?
before that can happens most of the goods and food that we buy now will have increased by many %...due to ....which parties is in control of most of our main consumable products?
I would not worry because I see minor changes of that happening and also because I cannot say no to EPF. que sera sera....
can you not contribute to EPF?

Hopefully no gimmicks statement come out to relate it with 1mdb sort of.

Last time was tabung haji and the reply from minister was can't perform haj bla2.

Their workers also have other relate to them. Brother sister parent etc. News will leak if bad thing coming.