Hi ben3003,

  I do simple model calc buying rm 400k, require 10% pay from EPF account 2.
The person work for 5 year equivalent salary permonth to save rm40k

Assumtion house above rm400k, then account 2 also atleast minimum rm40k
10% house down payment = rm40,000
5year EPF contribution with montly to Acc2 =rm 666.6666667
Acc 1 70% montly = rm1555.555556
Acc 2 30%monthly =rm 666.6666667
Montly Contribution to EPF=rm 2222.222222
Employee Salary using revese EPF contribute 11% + 12% = rm7911.111111
the person need to earn rm 8k per month for 5 year only can save rm40k to pay 10% down payment.
I remove the yearly EPF dividend, to made it simple clear cut for 5year flat saving.

  Forgive me i do any wrong calc let me know, juz to share my view and my maths.

Yea, up to 20% of your A/C 1 excess can be used to invest/buy house

Oh ok, understood.. but this is only if u buy using EPF lo.. if u downpayment use cash then this not an issue right? i tot is a requirement..

  i bought my house also thru saving in UT for my downpayment. 

U mean

EPF > UT > EPF > house purchase

Right?

And your initial purchase of UT by EPF funds, u maxxed out your quota (20% in excess of basic savings) at 1 shot, or u divide into several purchases e.g. RM10,000 withdrawable, u divide into RM2,500 per quarter.

    No No.

I used cash saving to UT, after few year take out to pay 10% downpayment

Y U dun wan use EPF a/c 1 money to pay for downpayment? UT keep for long-term, should yield better than EPF

Shld be account 2. Pay 10% downpayment must hv cash to pay upfront within 3year from SnP can redem from account 2 EPF.

I used my EPF for UT investment in Public Mutual. long term becoz i dont want EPF used my money buy/sell stock by paying back   less then UT.

By the way i open EPF-Public Regular Saving Fund during Aug/2008@0.5033 & Mei/2009@0.4582 Financial Tsunami.

hmm, so should be clever abit to switch to UT? but need a more stable and less risky one, few percent higher than EPF then very happy liao haha.. so HSO is considered a good choice? any other selections?

HSO only if u are adventurous, OSK-UOB KidSave Trust highly recommended, its a very solid balanced fund.

kk gonna take a look. Something weird, Hang Seng dropped quite alot yesterday, but HAQ NAV still managed to climb, abit abit lol.. i expect it to drop lol..

I already said, yesterday's crash was driven by property stocks which are mostly large cap stocks, Hwang AQ invests in smaller caps. Read the news la bro...

hmm, so should be clever abit to switch to UT? but need a more stable and less risky one, few percent higher than EPF then very happy liao haha.. so HSO is considered a good choice? any other selections?

haha i see HAQ hold CCB in its top 10 holdings ma.. banking sector also drop..

anyone invested in OSK-UOB Emerging Opportunity UT? is it worth investing in this as compared to say, PSmallCap or PFSF?

buy UT is the service charge low - then consider the yummy if the index go up.

Any fundsupermart fund recomend for PRS, then 0% service charge(   my wet dream)?  Want to reduce paying tax this year.

haha i see HAQ hold CCB in its top 10 holdings ma.. banking sector also drop..

I prefer Hwang AQF to OUEOUT as OUEOUT is restricted to max of 30% in foreign investments, cos it's EPF-approved. U looking for EPF-approved fund?
Currently FSM got Hwang PRS funds and RHB PRS funds.

Actually, i have HAQ alredi...and on the same time also have Psmallcap and PFSF....thinking of consolidating those MY smallcap funds to either one of the PM fund or Emerging Opportunity. not sure which direction to go yet.

Yeah my Hwang Global Financial Institutions down 0.33% yesterday, as I said yesterday drop driven by property stocks in HK/China, and usually when property stocks selldown, banking stocks also kena cos the 2 sectors are closely related.

IMHO, factors to consider:
- past performance vs benchmark
- other funds from the Fund House (to facilitate switching)