in 2 weeks time i guess. just after CNY.

......as such, everybody should withdraw from EPF and invest in mutual funds......

Unit trust investment is not needed if EPF has been doing their job in the first place. What people should do is to think wisely prior to making their decision in the next general election.

This post has been edited by felixwang: Jan 22 2014, 11:53 PM

>50% of EPF moneys are forced savings errr... I mean invested in Govt Bonds. How to give you double digit rate of return?

Xuzen

hard to say oso...if they invest majority high risk high return portfolio malaysians cant even sleep tightly at night worrying bout their money....hope they announce a good or acceptable amount of 'ang pow' for us after CNY....come on you gotta compensate for all the tariff hike and reduce fuel n goods subsidization

I agree with you, Xuzen. In actual facts, more than 70% of EPF is invested in the debt-market as to guarantee a minimum return of 2.5%pa. Despite a good dividend declaration at an average of 5.5%pa for a period of the past 10 years, it is just not good enough to supports the ever increasing living cost in Malaysia.

EPF should consider investing a larger portion of their bond dominated fund in the equity market or risked defeating its purpose of failing to provide sufficient savings to see their members through retirement. Based on their own statistic that is published in the Star newspaper, more than 75% of EPF members who turn 54 years old in 2013 has RM 50K or less in their EPF savings account.

They should follow the move by Indian Government by allowing their National Pension System (NPS) to invest up to 50% of their fund in the equity market. As a result, NPS is generating a total return of between 9% and 10%pa in the past 5 years. An additional return of 4%pa can be easily translated to 119% in 20 years time.

Some may disagree with the strategy employed by NPS but desperate times need desperate measures. Personally, I feel that medium income earning Malaysian can no longer afford to have a conservative investment scheme.

Max,

Whatever ang-pow cum distribution they announce makes no difference to me... the money can see but cannot touch.

Xuzen

That was announced in June 2013, maybe reflecting on the poor return for Q1 2013. However, Q2 and Q3 2013 have the highest respective Q earnings to date! Hoping that Q4 2103 will also be another record. Then I expect 6.20 - 6.28% for 2013. Keep my fingers crossed. Ha.

R u a UT consultant?

very much agreed..

i never involved kwsp into my net worth calculation as well because the money in there cannot be touched..

better think twice when investing your money...

EPF Holders Lost Money in Unit Trusts

just because many people think that kwsp is not their money, they ended up making more lost when they invested at the wrong or non-performing unit trusts..

Looks like my English is really bad. Look at the avatar and signature of the person I am replying to. I am being sarcastic there but it ended up I was promoting UT

High risk high return. Low risk low return. How can we compare EPF with UT. But there are UT agents trying to sell their products by comparing them. Utterly unprofessional

Oic...
Anyway, support yo stand on integrity

Agreed. We need to do some "research" first before investing. No matter if it's EPF or own money into UT, commodities or Shares investments

yape, those are common mistakes especially when their research are solely based on the unit trusts consultant..

well, i have a few friends caught up.. just because wanting to know more from the consultant, ended up buying the unit trusts without sufficient research..

always remember that KWSP is still our money..

This post has been edited by smartinvestor01: Jan 24 2014, 08:32 AM

Just sharing - sourced from EPF's annual report

Dividends by Years


1952-1959 2.50
1960-1962 4.00
1963 5.00
1964 5.25
1965-1967 5.50
1968-1970 5.75
1971 5.80
1972-1973 5.85
1974-1975 6.60
1976-1978 7.00
1979 7.25
1980-1982 8.00
1983-1987 8.50
1988-1994 8.00
1995 7.50
1996 7.70
1997-1998 6.70
1999 6.84
2000 6.00
2001 5.00
2002 4.25
2003 4.50
2004 4.75
2005 5.00
2006 5.15
2007 5.80
2008 4.50
2009 5.65
2010 5.80
2011 6.00
2012 6.15
2013 ???

Can an employee contribute > 11%?

yes

you can always contribute voluntarily through the maybank or public bank online banking..

sometimes when i have extra, i will contribute extra too...