Last year no limit.

Reading the PNB press release is quite interesting.
It's actually: 3.75 sen distribution, 0.75 sen bonus and 0.75 sen "Ehsan".

This post has been edited by Cubalagi: Dec 23 2020, 02:49 PM

What are these toxic assets being bailed out?

And 0 asset management or investment bank experience.

This post has been edited by Cubalagi: Feb 10 2021, 10:31 PM

Looks very obvious to me..

Jumper?

Sounds very much like the experience of the guy who appointed him.. The current MOF.

5.2% is based on 2020 performance..doesn't matter what bursa n djia level is now.

This post has been edited by Cubalagi: Feb 27 2021, 03:53 PM

They are not required to..

And we are not shareholders. We are contributors.

No.. They are required by law to pay a minimum of 2.5%.

And their internal minimum target return is 2% over inflation (calculated over a CPI rolling 3 year period) .

The more trillions of investment, the harder it is to get high returns.

Eg.. If u only have a thousand bucks, it's possible to get double return in a week.

If u have a trillion bucks, it's really impossible to double your returns in a week.

If they pay beyond their mininimum and target, then be grateful..

If u remember, 1st quarter 2020 sucks..for Epf, Bursa and djia..

U forget March 2020, down to 1206.

It's a mandatory contribtion fund that guarantees 2.5% pa return, with a potential for higher return than 2.5% depending on performance.

They can keep some to cover for future dividends.

EPF did not perform as strongly in 2020 vs 2019, that's why it's dividend s is lower. This is using 2019 performance benchmark.

It did perform strongly if we use other benchmarks:

Economy = GDP was negative in 2020
KLCI = flat, measured from start of year to end of year
FD rates = record low.

This post has been edited by Cubalagi: Feb 27 2021, 05:49 PM

https://www.astroawani.com/berita-malaysia/...-akaun-1-285071

Wow.. An Estimated 30% EPF contributors are left with only RM100 in Account 1.

This is going to give this country lots of problems in the future.

More color here

https://themalaysianreserve.com/2021/03/01/...xhaust-savings/

30% is 1.6 million, so must be 30% from active members.

Also mentioned that 60% would have withdrawn all from Account 2.

This post has been edited by Cubalagi: Mar 1 2021, 09:20 AM

Portfolio wise EPF is like a balanced fund UT, with around 40% equities and 60% bonds and money market.

Only it is principal protected with a guaranteed 2.5% return.

So its not really a cash asset class thing.

If u invest in equity UT, you do have the potential for higher returns going forward, but also carry more risk, including possibility of losing part of your principal.

This post has been edited by Cubalagi: Mar 12 2021, 08:18 AM

Hi

Anyone knows if the EPF kiosks are open on the weekends nowadays?

There is now campaign for govt to allow I-Sinar 2.0. Second round of withdrawals from account 1.