Hi guys, I’ve recently installed the kwsp I-akaun and found out that my retirement fund is currently suspended and in a loss. 🙁

Am I suppose to switch to another fund or let it be hoping that it will rebound back?

Principal DALI Equity Growth Fund
🙁🙁🙁

Based on the statement in the app, losing 8%. Switching will incur additional cost therefore I’m contemplating what to do with it. Any expert here to advise?

Principal DALI Equity Growth Fund

Do anyone here know how do I switch it back to EPF? Tried checking the i-akaun kwsp app but I can’t find any way to do it. Or I’m supposed to go to kwsp to do it?

What’s your recommendation for my case? I’m thinking of putting it back to EPF. Might cover back some of the losses

Looks like I can’t use the app but log in through the website. Will try it tomorrow

Ok, Now I have a different plan. Might just switch to a different investment. Gonna try “Principal Islamic Lifetime Enhanced Sukuk Fund” which is a low risk fund.

🙏

🙏 will continue to monitor. Let’s hope will perform better than the past

Switched to Principal Islamic Lifetime Enhanced Sukuk Fund

In the past. 🙏 future gonna be better.

Thanks, already found out how to do it

Basically you the redeem function to allocate back to EPF but at the moment I switch to other fund to try to gain bank my losses

Which principal UT?
When did you invest?

I have:
principal greater china equity fund (1.81%) ~ less than 2 months
principal global titans fund (1.07%) ~ less than a month

4) why not epf mis? 0% sales charge, do it yourself using epf online

Yup, a few months ago and so far it’s good
Would have been earning a lot more if I started even earlier especially if i started end of Mac or earlier April this year. The rebound of most of the good funds are superb.

Fsm website shares good recommended funds. You can check out there. Once you selected the funds you are interested, you can share them here. I’m sure many can give advise to you. Most of my funds are based on fsm recommended funds

This post has been edited by whirlwind: Dec 5 2020, 10:55 PM

In average 5%

Had 2 funds at around 10% and those less than 5% would be the one I just bought a few weeks ago

Nope, I just started a few months ago

You can use fsm to buy nearly all the funds I regardless of the fundhouses

At the moment epf-mis having 0% sales charge till April 2021 next year.

You mean Unit Trust?
At the moment most stock market are in the red but if you looking into investing long term, then should be worth it by choosing the right unit trust

There’s many funds that can perform better than epf but as I mentioned now market looks red and if you invest now, are you prepared for the funds to be losing money?

I’ve experienced it by investing in gold unit trust when gold price at all time high thinking it will continue to rise but I was wrong, gold price start to plummet and so is the gold unit trust. I panicked and sold it off, worried that I would continue losing money. Lost 6% of its value

I’ve learned a valuable lesson. UT investment supposed to be long term, you’ll never predict what’s going to happen in the future. Now my portfolio stands more than +15% after starting to invest more than half a year.


By the way, I consider @Grumpy as one of my Sifu and Principal Greater China is indeed one of the good fund

This post has been edited by whirlwind: Jan 31 2021, 01:14 AM

If you are prepared, next you have to do your homework
So many types of funds available

If you can take risk, equity UT will give you higher earnings but also higher risk (volatility)

Where is your preferred sector allocation? Go check the fund sheet to look at the details. If you think China stock market is good, Principal Greater China 👍

👌 there’s many sifus around
They might be able to give you a better advise

By the way if you think Malaysia market is good, Hong Leong Dana Makmur is one of the good fund you should check out