i think banks will be hit hardest since they form large chunk of epf investment, don't think EPF own much of carlsberg, heineken

most likely if EPF throw the bank shares, local UT will pick it up

if you want to diversify your savings, then it's good to withdraw and invest into approved funds, i've been doing it since 2013, the IRR is around 10% per year (look at kenanga growth, eastspring Small cap fund, eastspring global leaders) compare to 6% from EPF and recently epf relax the rules and allow those funds to invest fully in overseas market, epf use to limit fund exposure to 30% overseas investment previously.

can read more here also https://www.fundsupermart.com.my/main/resea...uary-2017--7902

yes, all funds that you sell will go back to the account 1, no way to withdraw as cash. you can still switch you fund in the same fund house, eg, switch from eastspring small cap to eastspring bond or vice versa.

you can only withdraw once every 3 months, so i usually withdraw into a bond fund, and switch out from there into equity fund monthly to do dollar cost average. there's a table for you to calculate how much you can withdraw from epf every 3 months , see here https://www.fundsupermart.com.my/main/resea...-Calculator-824

the bad thing is that there's no guarantee the fund will maintain the returns , unlike epf which has mandate to return at least 2.5%

This post has been edited by repusez: May 18 2017, 03:51 PM