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 EPF DIVIDEND, EPF

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wil-i-am
post Jul 14 2016, 11:35 PM

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QUOTE(familyfirst @ Jul 14 2016, 02:07 PM)
These funds must be invested through mutual fund companies as usual? 
Or FSM also can?
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Yes
FSM is the Agent for almost all Fund Hse in M'sia
nexona88
post Jul 14 2016, 11:40 PM

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QUOTE(familyfirst @ Jul 14 2016, 02:07 PM)
These funds must be invested through mutual fund companies as usual?  Or FSM also can?
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yes. FSM included sweat.gif
wil-i-am
post Jul 25 2016, 09:52 AM

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EPF set to remove 30% cap
http://www.theedgemarkets.com/my/article/e...t-remove-30-cap

Gud news for members
wongmunkeong
post Jul 25 2016, 10:22 AM

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QUOTE(wil-i-am @ Jul 25 2016, 09:52 AM)
EPF set to remove 30% cap
http://www.theedgemarkets.com/my/article/e...t-remove-30-cap

Gud news for members
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Saw PubMut's email on approved EPF mutual funds last week having funds that have >30% foreign equities, thus was wondering misprint or real. Looks like it's on!

time to check with FSM on what funds can do via EPF heheh

This post has been edited by wongmunkeong: Jul 25 2016, 10:25 AM
TStechie.opinion
post Jul 25 2016, 09:40 PM

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QUOTE(wongmunkeong @ Jul 25 2016, 10:22 AM)
Saw PubMut's email on approved EPF mutual funds last week having funds that have >30% foreign equities, thus was wondering misprint or real. Looks like it's on!

time to check with FSM on what funds can do via EPF heheh
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Yup... Interesting to know that system ready to accept UT purchase. FSM Promotion 1% fees for their recommended fund expired on 5/8/16 if not mistaken.

This post has been edited by techie.opinion: Jul 25 2016, 09:41 PM
wil-i-am
post Jul 26 2016, 08:17 AM

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QUOTE(techie.opinion @ Jul 25 2016, 09:40 PM)
Yup... Interesting to know that system ready to accept UT purchase. FSM Promotion 1% fees for their recommended fund expired on 5/8/16 if not mistaken.
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U r rite as promo ends next Fri
nexona88
post Jul 26 2016, 11:02 AM

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Don't think system is ready so fast hmm.gif
wil-i-am
post Aug 5 2016, 09:14 PM

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Registration for Simpanan Shariah gonna start soon
Who is interested?
nexona88
post Aug 5 2016, 10:31 PM

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no interested yawn.gif yawn.gif
plumberly
post Aug 8 2016, 11:14 AM

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The Employees Provident Fund (EPF) is looking at an additional allocation of between RM20 billion to RM30 billion annually for its Simpanan Shariah from 2018.

Read more: https://www.malaysiakini.com/news/351476#ixzz4GhsVHqBb

Don't understand what is meant by the above statement.

Additional allocation from existing and/or new subscribers or $$$ from govt?


wil-i-am
post Aug 8 2016, 11:36 AM

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QUOTE(plumberly @ Aug 8 2016, 11:14 AM)
The Employees Provident Fund (EPF) is looking at an additional allocation of between RM20 billion to RM30 billion annually for its Simpanan Shariah from 2018.

Read more: https://www.malaysiakini.com/news/351476#ixzz4GhsVHqBb

Don't understand what is meant by the above statement.

Additional allocation from existing and/or new subscribers or $$$ from govt?
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Quote : As of 8.30am today, 5,000 members had applied to convert their conventional EPF savings to Simpanan Shariah at 68 branches nationwide.

Is there anything tat they know but v dunno?
nexona88
post Aug 8 2016, 12:44 PM

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Walao 5000 members...
So fast...
dasecret
post Aug 8 2016, 01:26 PM

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QUOTE(wil-i-am @ Aug 8 2016, 11:36 AM)
Quote : As of 8.30am today, 5,000 members had applied to convert their conventional EPF savings to Simpanan Shariah at 68 branches nationwide.

Is there anything tat they know but v dunno?
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A lot of ppl do it purely due to religious reasons

I did not consider moving for a very simple reason - I'm not religiously bound to, and the MIS investments would be greatly restricted if I move
wil-i-am
post Aug 8 2016, 02:07 PM

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QUOTE(dasecret @ Aug 8 2016, 01:26 PM)
A lot of ppl do it purely due to religious reasons

I did not consider moving for a very simple reason - I'm not religiously bound to, and the MIS investments would be greatly restricted if I move
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In fact, I intend to convert 10% of my existing EPF portfolio to Shariah but they dun allow cry.gif
nexona88
post Aug 8 2016, 02:09 PM

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QUOTE(dasecret @ Aug 8 2016, 01:26 PM)
A lot of ppl do it purely due to religious reasons

I did not consider moving for a very simple reason - I'm not religiously bound to, and the MIS investments would be greatly restricted if I move
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Yeah.. Nowadays seems everything link to religion..
That's the purpose of this new scheme..
xuzen
post Aug 8 2016, 02:28 PM

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QUOTE(wil-i-am @ Aug 8 2016, 02:07 PM)
In fact, I intend to convert 10% of my existing EPF portfolio to Shariah but they dun allow  cry.gif
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Lu manyak kacau lah! Kasi olang manyak kerja only!

wil-i-am
post Aug 8 2016, 02:30 PM

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QUOTE(xuzen @ Aug 8 2016, 02:28 PM)
Lu manyak kacau lah! Kasi olang manyak kerja only!
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I wud like to measure their Shariah performance moving forward plus diversify my portfolios within EPF smile.gif
xuzen
post Aug 8 2016, 02:44 PM

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QUOTE(wil-i-am @ Aug 8 2016, 02:30 PM)
I wud like to measure their Shariah performance moving forward plus diversify my portfolios within EPF  smile.gif
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Measurement of performance = one year later Abang Shahril will announce to the media and trumpet the performance of the Shariah component. If you don't hear anything, means the performance is lau-sai wan!

Diversify? Shariah component will still invest in KLSE lar... what sort of diversification are you talking about? You want diversify? Participate in KWSP-MIS and buy foreign exposed UTF. That will be diversity.

Xuzen


titanic_crash
post Aug 8 2016, 02:47 PM

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QUOTE(wil-i-am @ Aug 8 2016, 11:36 AM)
Quote : As of 8.30am today, 5,000 members had applied to convert their conventional EPF savings to Simpanan Shariah at 68 branches nationwide.

Is there anything tat they know but v dunno?
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i'm numbered 2k plus registered at 8am
wil-i-am
post Aug 8 2016, 02:49 PM

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QUOTE(titanic_crash @ Aug 8 2016, 02:47 PM)
i'm numbered 2k plus registered at 8am
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Congrats rclxms.gif
How long it takes for d entire process?

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