hi bro, pls chck with ur sgent if piof is still open or not for investment..yhanks

protimer, yes, the money you withdraw from KWSP is no longer with KWSP, therefore it is out of KWSP's control (in the sense of the nominations you put earlier with KWSP). Therefore Pmutual has this Trust Nomination for you to put in your beneficiaries. The beneficiaries you put in KWSP only applies to your money in KWSP, not in Pmutual.

If you meant jointholder, then the jointholder will become the rightful owner of the units of the account in the event of first holder's demise.

If you meant the fund's insurance coverage (applicable to certain funds), then this only means that the names you appointed is the beneficiary of the insurance coverage (for eg. 50k coverage), he/she will be the beneficiary of the 50k, but not the owner of the fund account.

This trust nomination applies to those accounts which you do not have jointholder (for eg. EPF investments), or cash accounts (which you do not have jointholder for the particular fund acc). So in the vent of the first holder's demise, the trust nomination will deliver the proceeds of the fund account to the beneficiary according to this trust nomination. It can be revoked by re-submitting this trust nomination again, even if you have submitted before. In case if you wish to change the % or the beneficiaries.

Nope, the money will not go back to EPF automatically because PM doesn't know the investor has passed away.

If the family approach PM, with Will + death cert + etc docs, in summary, the family need to wait for about a couple of weeks or months for grant of probate, then only the family can get the proceeds, not to forget some lawyer fees or etc charges along the way; if there is no Will, then the family will need to approach Amanah Raya Bhd, along with the necessary docs, then wait for court order, then only PM can disburse the proceeds to related family members accordingly, again, this can take upto months, or yrs, and with some lawyer fees & etc charges.

fund specific benefits would include diversification of bluechips in local and some in foreign countries. expectations should be placed on the consistency and the yield of the distributions. it will be a local based fund i suppose..exposing to local economy, political, etc etc risks.

Quick msg to my agent gave me the following list, with PSA30F,PNREF,PFSF closing on 2-Feb, and PRSF closing on 2-Feb too (cash, epf remains open as of today).


Fund Name Fund Abbreviation Fund Open for Cash Investment Fund Open for EPF Investment
PUBLIC ADVANTAGE GROWTH EQUITY FUND PAVGEF Yes N/A

PUBLIC AGGRESSIVE GROWTH FUND PAGF Yes N/A

PUBLIC ASIA ITTIKAL FUND PAIF Yes N/A

PUBLIC AUSTRALIA EQUITY FUND PAUEF Yes N/A

PUBLIC BALANCED FUND PBF Yes N/A

PUBLIC CASH DEPOSIT FUND PCDEPF Yes N/A

PUBLIC CHINA ITTIKAL FUND PCIF Yes N/A

PUBLIC CHINA SELECT FUND PCSF Yes N/A

PUBLIC CHINA TITANS FUND PCTF Yes N/A

PUBLIC DIVIDEND SELECT FUND PDSF Yes Yes

PUBLIC EHSAN MIXED ASSET CONSERVATIVE FUND PESMACF Yes N/A

PUBLIC EHSAN MIXED ASSET GROWTH FUND PESMAGF Yes N/A

PUBLIC ENHANCED BOND FUND PEBF Yes Yes

PUBLIC ENTERPRISES BOND FUND PENTBF Yes N/A

PUBLIC EQUITY FUND PEF Yes N/A

PUBLIC FAR-EAST ALPHA-30 FUND PFA30F Yes N/A

PUBLIC FAR-EAST BALANCED FUND PFEBF Yes N/A

PUBLIC FAR-EAST CONSUMER THEMES FUND PFECTF Yes N/A

PUBLIC FAR-EAST DIVIDEND FUND PFEDF Yes N/A

PUBLIC FAR-EAST PROPERTY & RESORTS FUND PFEPRF Yes N/A

PUBLIC FAR-EAST SELECT FUND PFES Yes N/A

PUBLIC FAR-EAST TELCO & INFRASTRUCTURE FUND PFETIF Yes N/A

PUBLIC FOCUS SELECT FUND PFSF Yes Yes

PUBLIC GLOBAL SELECT FUND PGSF Yes N/A

PUBLIC GROWTH BALANCED FUND PGRBF Yes N/A

PUBLIC GROWTH FUND PGF Yes N/A

PUBLIC INDEX FUND PIX Yes Yes

PUBLIC INDONESIA SELECT FUND PINDOSF Yes N/A

PUBLIC INDUSTRY GROWTH FUND PINDGF Yes Yes

PUBLIC INSTITUTIONAL BOND FUND PIN BOND Yes N/A

PUBLIC ISLAMIC ADVANTAGE GROWTH EQUITY FUND PIAVGEF Yes N/A

PUBLIC ISLAMIC ALPHA-40 GROWTH FUND PIA40GF Yes Yes

PUBLIC ISLAMIC ASIA DIVIDEND FUND PIADF Yes N/A

PUBLIC ISLAMIC ASIA LEADERS EQUITY FUND PIALEF Yes N/A

PUBLIC ISLAMIC ASIA TACTICAL ALLOCATION FUND PIATAF Yes N/A

PUBLIC ISLAMIC CASH DEPOSIT FUND PICDEPF Yes N/A

PUBLIC ISLAMIC DIVIDEND FUND PIDF Yes Yes

PUBLIC ISLAMIC ENHANCED BOND FUND PIEBF Yes Yes

PUBLIC ISLAMIC ENTERPRISES EQUITY FUND PIENTEF Yes N/A

PUBLIC ISLAMIC EQUITY FUND PIEF Yes Yes

PUBLIC ISLAMIC GROWTH & INCOME FUND PISGIF Yes N/A

PUBLIC ISLAMIC GROWTH BALANCED FUND PIGRBF Yes N/A

PUBLIC ISLAMIC INCOME FUND PI INCOME Yes N/A

PUBLIC ISLAMIC INFRASTRUCTURE BOND FUND PIINFBF Yes Yes

PUBLIC ISLAMIC MIXED ASSET FUND PIMXAF Yes Yes

PUBLIC ISLAMIC MONEY MARKET FUND PIMMF Yes Yes

PUBLIC ISLAMIC OPTIMAL GROWTH FUND PIOGF Yes Yes

PUBLIC ISLAMIC SAVINGS FUND PISVF Yes Yes

PUBLIC ISLAMIC SECTOR SELECT FUND PISSF Yes Yes

PUBLIC ISLAMIC SELECT BOND FUND PISBF Yes Yes

PUBLIC ISLAMIC SELECT ENTERPRISES FUND PISEF N/A Yes

PUBLIC ISLAMIC STRATEGIC BOND FUND PISTBF Yes Yes

PUBLIC ISLAMIC TREASURES GROWTH FUND PITGF Yes Yes

PUBLIC ITTIKAL FUND P ITTIKAL N/A Yes

PUBLIC ITTIKAL SEQUEL FUND PITSEQ Yes Yes

PUBLIC MONEY MARKET FUND PMMF Yes N/A

PUBLIC NATURAL RESOURCES EQUITY FUND PNREF Yes N/A

PUBLIC OPTIMAL GROWTH FUND POGF Yes Yes

PUBLIC REGIONAL SECTOR FUND PRSEC Yes N/A

PUBLIC REGULAR SAVINGS FUND PRSF Yes Yes

PUBLIC REGULAR SAVINGS SEQUEL FUND PRSSQF Yes N/A

PUBLIC SAVINGS FUND PSF Yes N/A

PUBLIC SECTOR SELECT FUND PSSF Yes Yes

PUBLIC SELECT ALPHA-30 FUND PSA30F Yes Yes

PUBLIC SELECT MIXED ASSET CONSERVATIVE FUND PSMACF Yes N/A

PUBLIC SELECT MIXED ASSET GROWTH FUND PSMAGF Yes N/A

PUBLIC SELECT TREASURES EQUITY FUND PSTEF Yes N/A

PUBLIC SINGAPORE EQUITY FUND PSGEF Yes N/A

PUBLIC SOUTH-EAST ASIA SELECT FUND PSEASF Yes N/A

PUBLIC STRATEGIC BOND FUND PSTBF Yes Yes

PUBLIC STRATEGIC GROWTH FUND PSTGF Yes N/A

PUBLIC STRATEGIC SMALLCAP FUND PSSCF Yes N/A

PUBLIC SUKUK FUND PSKF Yes Yes

PUBLIC TACTICAL ALLOCATION FUND PTAF Yes N/A

hmm...this he did not mention...from the list it is still available for both epf & cash la...