Fundsupermart.com v11, Grexit or not, Europe will sail on...
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 Sep 22 2015, 02:22 PM
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#1
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Junior Member
83 posts Joined: Feb 2007 
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All sifus, i have a question on the purchase fund.
Let's say i have purchased the ABC fund by using EPF account 1 amount 10k and 10k by online payment FPX. Total ABC fund purchased = 20,000 After 5years i sell off ABC fund total of 25,000 how much of amount will go to my EPF account? 12,500? or i can choose 10,000 back to EPF account and 15,000 to my bank account. Or i have the full flexibility to control total 25,000? |
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Sep 22 2015, 02:34 PM
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#2
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Junior Member
83 posts Joined: Feb 2007
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QUOTE(wongmunkeong @ Sep 22 2015, 02:25 PM) Not sifu here, just hardknocked sucker Again, maybe i'm still not clear enough. Invested $10K EPF - account 123 Fund 123 $10K Cash - account 124 Fund 123 There will be a demarcation between cash VS EPF funded purchases THUS, when U redeem (sell), U need to specify which to sell units from Simple?  After your explanation, this is my understanding: Invested in same day, same NAV- total 20k $10k EPF - ABC fund $10k Cash - ABC Fund After 5years sell of ABC fund - total 25k $12.5k go to EPF account $12.5k go to Bank account is this correct? Now my concern is can i transfer the profit 2.5k fund that i purchased by using EPF account 1 to my bank account? |
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