A: Most of the unit trusts in Malaysia are priced based on "forward pricing". This means that if you transact today, you will get the fund’s value as of the closing price of the market today. However, you will know the price in two working days
The price that you could see in the website is the so-called 'indicative price'. This is usually the price of the fund two working days ago. This indicative price is NOT the actual transaction price of the fund that you are buying or selling.

Generally, the fund manager requires approximately two business days to consolidate and derive a unit price for the funds. These prices are further valued independently by the fund's trustees. Therefore, the dealing price will be made known to the public two business days after the transaction date. Once we obtained the price, an email notification will be sent to you.

A: Generally all cash orders will be completed within four business days (T+4) from the day they are transacted.
The transaction cycle for EPF Account 1 will generally take longer time to process compared with cash subscription. Although the transaction date(T) for most fund subscriptions through EPF Account 1 would be the same business day which the required documents are received by Fundsupermart before 3pm, (except AmBon Islam, TA Income Fund and funds under the management of Pheim Unit Trust Berhad),the orders will remain in processing status until the confirmation of successful EPF Account 1 withdrawal.

Once the transaction cycles are completed,your units will appear under your holdings.

All units are priced on the transaction date (T).

A: Cash Investment:
All sell orders submitted before 3pm on a business day will be transacted on the same day. Orders received after 3pm or on a non-business day will be transacted on the next business day.

Exceptions:

i)The sell order of the following fund will be priced on 9 business days after the order placement date (T+9):

Opus Dynamic Income

ii)The sell order of the following funds will be priced 1 business day after the order placement date (T+1):

Opus Cash Extra

Opus Shariah Cash Extra

EPF Account 1:

Redemption orders, for funds invested through your EPF Account 1, will be processed on the same business day whereby the in-house redemption form is received before 3pm. Documents received after 3pm or on a non-business day will be processed on the next business day.

A: A: For Cash Investments:
The following redemption period for redemption proceeds to reach you applies:

T+2 business days for
- AMB Dana Nabeel
- Eastspring Investments Islamic Income Fund
- Opus Dynamic Income Fund (after transaction date)
- Opus Global Income Fund (after transaction date)
- RHB Cash Management Fund 2
- RHB Institutional Islamic Money Market Fund
- RHB Money Market Fund
T+3 business days for
- Opus Cash Extra Fund
- Opus Shariah Cash Extra Fund
T+5 business days for
- All Franklin Templeton Asset Management (M) Sdn Bhd Funds
- All PMB Investment Berhad Funds
- All TA Investment Management Berhad Funds
- All CPAM Funds except USD class and PRS Funds
- Eastspring Investments Asia Pacific Ex-Japan Target Return Fund
- Pacific Cash Fund
- United Asian High Yield Fund - MYR
- United Income Plus Fund
T+6 business days for
- All Aberdeen Islamic Asset Management Sdn Bhd Funds
- All AIA Pension and Asset Management Sdn Bhd Funds
- All Amanah Mutual Berhad Funds
- All Pacific Mutual Fund Bhd Funds
- All NIKKO Asset Management Asia Limited Funds
- Affin Hwang AIIMAN Select Income Fund
- Affin Hwang ASEAN Flexi Fund - MYR Class
- Affin Hwang China Growth Fund
- Affin Hwang Select Series Funds except AUD class & SGD class
- AmIslamic Greater China
- CIMB-Principal ASEAN Total Return Fund - USD
- Global Multi-Asset Income Funds
- RHB European Select Fund
- RHB Global Equity Stabiliser Fund
- RHB Global Food Islamic Equity Fund
- RHB Islamic ASEAN Megatrend Fund
- RHB Global Macro Opportunities Fund
T+7 business days for
- All Eastspring Investments Foreign Funds
- All Maybank Asset Management Sdn Bhd Funds
- All UOB Asset Management (M) Berhad Funds except United Asian High Yield Fund - MYR United Income Plus Fund
- Affin Hwang Japan Growth Fund
- Amundi International Fund
T+8 business days for
- Affin Hwang Dividend Value Funds
- Affin Hwang Select AUD Income Fund - AUD
- Affin Hwang Select SGD Income Fund - SGD
- Affin Hwang European Unconstrained Funds
- Affin Hwang Global Equity
T+11 business days for
- All CPAM PRS Funds
- BIMB-Arabesque i Global Dividend Fund 1 - MYR
- RHB-OSK Pre-IPO & Special Situation Fund 2
- RHB Pre-IPO & Special Situation Fund 3
Generally T+4 business days for all other unit trusts.
'T' date is the day where your sell order is transacted. You will be notified of this via an email. There are three methods for us to credit the proceeds to you:

1) Cash Management Fund:

When you sell a unit trust but want to wait before you buy another, you may park the sales proceeds in the Cash Management Fund first.

You may indicate the “Cash Management Fund” as the redemption method when you sell. The sales proceeds will be used to buy into the Cash Management Fund on the settlement date of the sell order.

To know more about the Cash Management Fund, click here

2) GIRO Transfer:

If your bank account is opened in Malaysia, we will transfer your redemption proceeds directly into your designated bank account on Settlement Date.

To update your bank account, go to MY INVESTMENTS-> UPDATE ACCOUNT-> REDEMPTION INSTRUCTION.

B: For EPF Account 1:

The redemption proceeds will be credited back into your EPF Account 1 within 10 business days by the fund manager.

A: Cash investments
The switch-sell and switch-buy orders will be transacted on the same business day the order is received before 3pm. Otherwise it will be transacted on the next business day.

However, please note that there are 2 business days lag time should you switch buy into RHB Money Market Fund, RHB Income Fund 2, RHB Institutional Islamic Money Market Fund and 1 business days lag time if you switch buy into CIMB-Principal Equity Growth & Income Fund, CIMB-Principal Greater China Equity Fund, CIMB-Principal Income Plus Balanced Fund, CIMB-Principal Global Titans Fund, CIMB-Principal Australian Equity Fund, CIMB-Principal Strategic Bond Fund, CIMB-Principal Asia Pacific Dynamic Income Fund, AmSchroder European Equity Alpha Fund and Kenanga Asia Pacific Total Return Fund.

EPF investments

The switch-sell and switch-buy orders will be transacted on the same business day the fund manager in-house switching form is received before 3:00pm. Otherwise it will be transacted on the next business day.

NOTE:

The whole process of an Intra switch (for BOTH cash and EPF Account 1 investments) will take four business days to complete after the transaction date (T) of the switch sell & buy funds i.e. T+4 business days.

A: The switch-sell order will be transacted on the same business day the order is received provided the order is received before 3pm. Otherwise, the order will be transacted on the next business day.
The switch-buy order will be transacted based on the lag time as described in the table shown at FUNDS INFO-> FUND SALES CHARGES-> SWITCHING-> INTER FUND HOUSE. However, this lag time will be shorter than executing the sell and buy transactions on your own.

NOTE:

The whole process of an Inter switch will take four business days to complete after the transaction date (T) of the switch-buy funds ie T+4 business days.