Public Bond Fund 1 year return is 7.46%. That already beats most equity funds' performance in the past 1 year.

Yes. Bond funds performance is better than equity funds.
Sales charge is 1% versus 5.5% for equity funds. Agents will encourage you to buy equity funds or mixed asset fund.
But I will choose bond funds only.

This post has been edited by engyr: Aug 16 2019, 09:32 PM

PUBLIC ISLAMIC BOND FUND 0.43%

Another high increment today, above is today's... (prices of local funds are updated at around 7.30pm.)

From the performance chart, it has increased nearly 1% (0.95%) in this one week. Phenomenal.

As mentioned previously, EPF has the clout to make the fund houses/companies accept a lower service charge at 3% if you are using money from your EPF account 1, well EPF has just walked a step further.

It has becomes an agent itself and you can purchase ut funds via its online service, and the service charge is capped at 0.5%.

============

EPF launches online platform for unit trust investment

Monday, 19 Aug 2019 2:20 PM MYT
KUALA LUMPUR: The Employees Provident Fund has launched its i-Invest online platform, which allows members to make informed investments in unit trust funds offered by EPF-approved fund management institutions (FMI).

According to a statement, the platform allows members to monitor their investment funds through their i-Akaun and look up information on cost of investment, historical performance, as well as required statutory information.

Via i-Invest, members may transfer from their EPF Account 1 up to 30% of the amount in excess of basic savings to be invested in the qualified funds, the statement said.

Members can also use i-Invest to open an account with any FMI to invest in unit trust funds.

The sales charge for purchases via i-Invest is capped at 0.5%, which compares to 3% for offline purchases and traditional transactions through agents.

"We are very excited about introducing i-Invest, as this digitally powered facility empowers our members to take control of their investments and make transactions at nearly zero cost," said EPF CEO Tunku Alizakri Alias.

Members aged 55 and above can utilise i-Invest using Akaun 55 or Akaun Emas through i-Akaun as a mode of withdrawal, subject to maintaining a minimum of RM1,000 in their account.

The EPF enforces strict guidelines for FMIs to safeguard members' interests and has approved 389 funds from various investment categories under the EPF Members investment Scheme in 2019/20.


Read more at https://www.thestar.com.my/business/busines...chSFBLPAkzBE.99

Whoa very drastic move

It is not only a concern to traditional ut agents but also to online agents when a big guy like epf is stepping into the field.

Please note if the member is above 55, he can use his account 55 or account emas to make purchases.

(Unlike account 1, these accounts are not subject to the excess over the basic savings rule.)

The next step could be becoming a full-fledged agent and allowing members below 55 to make purchases by tweeting their online system slightly to accept online payments.

Ha? Tweeting?

Lol... well spotted.

Tweaking...

Hi, I am new to investing and I have a question.

Taking for example PB Euro Pacific Equity Fund, how come the annualized returns from PB's PHS is different from what is shown on Morning Star?

PB PHS link
Morningstar link

Not 100% sure, but my best guess is that Morningstar is showing by calendar year (Jan - Dec) while PM is showing by financial year i.e. (Jul - Jun)

while waiting for replies from reliable sources
my agar agar guess is the reporting date/month variance...
the morning star one maybe is reporting from 1 Jan to 31 Dec, while the PB one is from 1 June to next year 30 June....
and also is the number showns in the morning star chart, include dividend reinvested into the fund?

you can cross check by using the fund performance like this....
https://www.publicmutual.com.my/Home/Fund-Performance

i think the variance will not be that big (if includes dividend reinveted into it)

well that is my agar agar guess only

https://www.theedgemarkets.com/article/epf-...oAMWIBpfJXLD6zk

Your guesses seem quite accurate!

Hi again. I'm back with more questions now (still very new so hope you can bear with me)

When I was in school, me and my mum joined up, invested in PB Euro Pacific (PBEP) and also China Pacific (PBCP) equity funds. We put in the minimum RM1000 for each and totally forgot about it all these years. Since the account is under my mum's name only she can check on the current value of our account, but she has been unable to drop by the bank and check.

I have read up both their PHS and saw their averaged annual returns look decent, more so for China Pacific. (unless I have been wrongly reading)

Lately I've become more aware on investing and looking at options to put money in besides FD, EPF and ASNB. Am I right in saying that PBEP and PBCP can be additional investment options? I do understand these are both high risk funds.

Risk appetite? I would say I'm looking at building funds for the the next 10-25 years. I reckon my retirement funds are settled with EPF self contribution, I have a couple of insurance policies for medical + death/TPD/critical illness. If you have extra kindness to highlight suitable funds from PB it would be extra appreciated. I have a PBe account so I can link with PMO.

*Correction: Risk appetite is medium-above medium.

This post has been edited by RigerZ: Aug 25 2019, 10:57 PM

while waiting for responses, if you want, you can select and read these articles from Public Mutual for some added info while you wait

What You Need to Know
https://www.publicmutual.com.my/Prospective...ou-Need-To-Know

Thanks for the tips!

Shouldn't you talk to your PM servicing agent as you had/will pay SC for the funds?

I have to depend on my mum to get hold of him/her which is difficult as we are staying in different states.

Hi all, need a bit of advice.
I've been investing in PB various funds for around 5 years now, all via EPF withdrawal. These funds were all chosen by my agent.
Now that i-Invest has come on board, this might render the servicing agent "out of job".
A simplistic question (might sound silly though): Would there be any agent or investment company who can help to provide consultancy services but at a lower commission than the normal 3%?

try this ...the bottom page of this article has that info that suits your criteria....

https://www.fundsupermart.com.my/fsmone/art...through-i-Akaun