My first tranche from KWSP a/c 1 into Eastspring is mid 2013, up to now it is around 30 mths invested with Eastspring KWSP-MIS. This is my 3rd UTMC switched i.e., from Pub-Mut to Eastspring.

NB: I did not take into consideration the calculations from my previous (since 2006 - 2009) with OSK (now is called RBH) and Pub-Mut (2009 - 2013) times, simply because I did not keep good record. But if I remember they were in low teen range during investment with those previous UTMC.

For this Eastspring era I did not withdraw it in fix period, I take it as I suka-suka and I did not mark down the date exactly when I withdraw subsequently. Hence I am unable to calculate the IRR exactly.

In lieu of that I just use my present capital withdrawn divided by 30mths (i.e., the total length of time invested with Eastspring so far) = pmt, N = 30, PV = 0, FV = my current NAV. Now I need to calculate the I/Y x 12

The calculated I/Y x 12 = 9.XX% p.a.

Some story telling time:

I first started with KWSP-MIS way back in 2005 or 2006 with OSK (because OSK next door to my work place, very convenient and those days no internet, all must be submitted manually) because I gatal-gatal wanna oomph up my KWSP investment. At that time I do not know anything at all about investment. But somehow I by lucky chance know that if I put 50% in KL-Tracker and 50% in OSK Money Market, I can tolerate the swing in volatility. This was not even taught to me by the then agent.

Perhaps another reason why I chose KL-Tracker and OSK-MM is because their sales fee was 1% & 0% respectively. See! Even before all these low fee issue become a hot topic, somehow at the back of my unenlightened mind, I knew that low fees was the way to go!

Then I started asking a lot about investment to who else? My accountant lar! My accountant also don't how to answer me because traditional accountant do not know about investment. So that accountant introduce to me the course CFP™ by FPAM. And I went for it! And boy, I learn so much and gain a lot of investment knowledge from it. Hence that is I why I am a huge advocate of CFP course.

Some fellow student there then asked me to become agent so that I can save on fee. And I bodoh-bodoh become a Pub-Mut agent to save on fees. Those days seriously no FSM or any other DIY platform, you must go through agent, and the best agent for me is myself!

From 2009 - 2013 I become Pub-Mut agent and saved some fees because the fees were paid back to me. Some of the funds from Pub-Mut I remember participating are PSF, PRSF, PISEF, PIBond, PSBF etc.

Then in 2013, I switched to DIY platform because they became more widely available.

End of my story.

This post has been edited by xuzen: May 30 2016, 12:44 PM

Great sharing! Since now I found the first 1 out of 5
Can the other 4 raise their hands please? I think I found 2 in my office jor, they bought Dali funds under CWA, it has not performed well in the past few years

Boss xuzen....i really jeaolous and salute you after reading ur story..may i know what is ur current occupation? hang leg enjoying ur earlier time hard work??

btw...plss.....what is rbh??

Sorry typo: should be RHB as in Rashid Hussein Bank, not RBH ( Royal Bank of Hollan)

😅😅😅

I am just an employee of a business. I am not a business owner. I do not hang leg, I work a regular 9 to 5 job. Because I am not a business owner and I am a 9 to 5 salaryman, I have to create additional income by investing in a passive manner that is within an acceptable / tolerable risk to reward ratio. Passive as in I cannot be in:

I) MLM, UT or Insurance chasing after people to buy those stuff,

2) I don't have the luxury to sit in front of my computer monitor to look at Forex, Stock Market, futures, options or binary trading etc.

I say, you don't have to be in an extraordinary position to do extraordinary things. I am your template of an everyday regular Joe doing regular things to achieve extraordinary result. What I am doing is be mindful of the types of investment in the market (its risk, its cost) and the tax implication of each of them.

Xuzen

This post has been edited by xuzen: Jun 1 2016, 12:24 PM

EPF’s new deal
http://www.thestar.com.my/business/busines.../epfs-new-deal/

No thank you. Once in cannot go for conventional PRS. We know that Syariah UT is not performing for now and how many of the world's investment are Syariah compliant (very narrow market)?

This post has been edited by Ramjade: Jun 4 2016, 08:36 AM

Instead of straight no, perhaps can consider asset allocations for risk management

I believed a diversified across the globe is enough. (as what xuzen put it). Too diversified will dilute your returns.

er.. did i miss something?
What has "EPF v1.2" Syariah based have anything to do with PRS (conventional & Syariah)?

According to the news, if you opt for Syariah account, the money you withdraw from account 1 for UT investment MUST by Syariah compliant. THis is to ensure that the money remain Syariah compliant.

This post has been edited by Ramjade: Jun 4 2016, 03:18 PM

wah if like one use EPF to buy Amanah saham under PNB? how leh?

Syariah scheme tends to do better in a financial crisis
http://www.thestar.com.my/business/busines...nancial-crisis/

A promotion by EPF?

"indirect" promotion

oh - for UT funded via EPF?
but er.. what's that gotta do with PRS?

Wong seafood teasing someone without experience in epf and prs....

seriously leh - not teasing
if donkey EPF thinggy affects "across the fence" PRS thinggy.. i want to know leh

just for discussion sake.....is it possible....??
with the syariah EPF things...
if the amount of RM (a lot of people switched) are in Syariah compliance....
more Syariah Eq stocks will be supported by EPF
less Non Syariah EQ compliance stocks will be supported by EPF....

will there be affects on the non syariah compliance stocks prices in M'sia Eq?
I did not follow on stock markets.....just checking, is currently those non syariah compliance KLCI stocks supported by EPF?
if they reduce the % of holdings in those stocks b'cos the amount available by the EPF money is reduced for conventional type.
possible "cheaper" non compliance stocks prices?
thus affects some other investment like UTs?