Calling wongmunkeong and other investors who have invested EPF money in UTs...

The 1st time u withdraw, do u withdraw 100%, or did u divide into portions?

E.g. excess savings in A/C 1 is RM50,000, thus amount that can be withdrawn is RM50,000 x 20% = RM10,000. Do you take out the whole RM10,000 and pump into UT at one go, or do u take out a certain portion only?

Let's say 1st withdrawal take RM10,000...
3 months later, can withdraw another (RM50,000 - RM10,000) x 20% = RM8,000 (assuming zero contribution just to make the illustration simple )
Then another 3 months later, can withdraw (RM50,000 - RM10,000 - RM8,000) x 20% = RM6,400

If 1st withdrawal take only half, can “smooth" the withdrawal amounts...

E.g. 1st take 5K,
Then 2nd withdrawal can take (RM50K - RM5K) x 20% = RM9K but only take 5K again
3rd withdrawal can take (RM50K - RM5K - RM5K) x 20% = RM8K but only take 5K again

Too used to small top ups with my cash investments, now ask me take so much to invest at one shot I feel

But I've no problem clicking "buy" when I buy Ping Pong crackers share with close to RM3K

Add: I see EPF already has holdings in most of the KLSE big counters...shall I go for small cap fund like OSK-UOB Emerging Opportunity Unit Trust, or a non-restrictive fund like Hwang Select Opportunity Fund?

This post has been edited by Pink Spider: Mar 17 2013, 05:07 PM

Kaka u always like to ask such open-ended question...how u expect ppl to answer u?

- Malaysia-focus
- Up to 50% in Asia Ex-Japan
- Won prizes before

What else can I say?

haha... very sorry bro! suddenly i check this fund performance not bad wor, then just ask lo, mana tau got many people pegang it or not. Interested in a fund with holdings on Malaysia, Thailand and Indonesia..

If u stayed away from Hwang SOF because of its 30% limit on foreign investments (EPF restriction lo), OUET might suit u cos its limit is higher, 50%. It might be a good combo with Hwang AQF, and its past performance and volatility quite similar to Hwang SOF's.

Kaka u got EPF investments in UTs? Can comment on my question?

Pink.. I have not tried EPF investment in FSM. But I got 2 EPF investment in PM, but I only took out 1 time for the initial investment. Didnt proceed to take out every 3 months. This is also due to that time i discovered FSM and didnt want to top up in PM already.

My withdrawal is the 2nd option that you mentioned. I didnt take out full (you know la, if u back calculate, my agent will know how much I have in my account 1). So I just gave him an amount to proceed, say RM5K or RM3K.

In future, when i go into EPF investment in EPF.. I guess I will not take out full as well. Maybe RM3K/withdrawal (so already got RM12K/yr for EPF investment).

I -ed at that

I wonder if your PM agent is a hot chick will u do differently

Ya la, 1 shot pump in, if timing tak cantik bought in at market top, sakit yo
Now pondering to withdraw 1/2 of eligible amount or even smaller, 1/3 every 3 months, dollar cost average the entry

Heheh - virgin EPF takeout eh Pink?

Good Q - planning ahead for a "consistency" & planned injection into Equities, especially if via VCA & DCA.
Ok here's how i do it:
1. Simulate in Excel, for the next 5 years, what is the total "take out". Throw into the cooking, your 11% + 12%, and remember A/C1 = 70% of those injections.
Then divide the years by quarters, let's assume $10K average/qtr

2. Execution = 2 steps process:
a. Use $10K for calculating your VCA or just do $10K DCA into yr equity fund(s).
b. IF more than $10K can be taken out (especially the first few initial times), then put the difference into a related fund's bond fund as dry powder.
When later, your takeout from EPF A/C1 is less than $10K, U can use this dry powder to top up

One of the many methods.
Just a thought

Side note - U can do as per your thoughts.
However if U suddenly want to access the amount "U didnt take out", U can't due to the calculations based on % left in your (A/C1 minus x) * xx%.

Side note 2:
If U can take out $8K or more initially - U may want to consider self-directed KLSE shares
Can do CIMBC25, CIMBA40, etc. (foreign heavy)

This post has been edited by wongmunkeong: Mar 17 2013, 06:04 PM

wong seafood always abundant of naughty ideas

Thx!!!

At FSM, currently only HwangIM and OSK-UOB got equity funds that can invest up to 30% in foreign assets. HwangIM and OSK-OUB got no EPF-approved bond fund to pakai your method

I guess I'll just DCA every quarterly.

Now the next headache, go 100% into Hwang SOF (unrestricted mandate), 50% Hwang SOF + 50% OSK-UOB Emerging Opportunity Unit Trust (small cap), or 100% OUEOUT

i want to ask same question sifuss here......
any recomended asia ex-japan?

Not gonna repeat the answer over and over again, pls dig previous posts

And my siggy got such a useful resource u dunno use

This post has been edited by Pink Spider: Mar 17 2013, 09:08 PM

My portfolio at FSM MY 7788 liao.. just top up by value+dollar averaging.

Going to open UT acc at SG for other funds

MYR 7788 represents what? Cost? Or valuation?

oopss.. 7788 here means completed. haha in chinese

you stay near jb? or work in sg? interesting to open fsm sg account though

I stay at JB, commute daily to SG to work.

FSM SG has additional platform fee charge every quarter though.

Actually FSM MY also got platform fee, but its already priced into the management fee by the Fund Houses.

so it means on top of the 2% charges we oso nd to pay aditional fees every quarter?
how much is that cost?
im thinking of open RSP, but hvnt do futher research bout it.

Their charges different from MY.

http://www.fundsupermart.com/main/research...?articleNo=3992

P.S Didnt know MY got platform fee also. Tehee.