|You have alternative option to switch your EPF fund to Unit Trust funds that are approved by EPF. EPF gives you approximately 6% return every year. However, Unit Trust gives you potentially 10% return in every year.|
|You don't have to be rich to start investing your money for better future.|
|Compounding is the 8th Wonders of the World - Albert Einstein|
The main objective of EPF Member Investment Scheme is to maximise our retirement fund in EPF. However, there are some conditions to be met before we can withdraw our EPF for investment purpose. This is to safeguard our retirement fund so that it will not be exposed to too high risk investment. There are 5 Benefits of EPF Member Investment Scheme:
Since EPF is our future retirement fund, will it be too risky to use it in investment? What will happen if the market collapse when we attain the age of 55 years old?
We believe that these are the common questions that we will ask.
In fact, Unit Trust has set a basic saving amount as the baseline before we can withdraw money from our EPF account 1 for unit trust investment.
The basic saving amount is based on the age of the member, and it will be revised periodically to ensure members have a basic level of savings remained in their EPF.
Therefore, you money will not be exposed to too high risk in overall even though you withdraw your EPF money for investment.
More over, EPF has selected certain unit trust funds as Approved Funds for members to invest in. Therefore, members will only invest in funds that have good track records and stable performance.
If you are interested in thd EPF Member Investment Scheme or wish to know more in details, you can always CONTACT US.
In addition to investing in unit trust by cash or through a regular savings plan, you can also invest using EPF Members' Investment Scheme. The EPF will process a request to transfer an amount from a member's Account 1 to approved unit trusts funds if :-