Dear Investor
Less is More: Making the most of the Employees Provident Fund ("EPF") Stimulus Plan
EPF has recently announced its stimulus plan, taking into the consideration the challenging economic condition and the uncertainty within markets. The stimulus plan includes, among others, reducing the fees charged by Fund Management Institutions under the EPF Members Investment Scheme ("MIS") from 1st May 2020 to 30th April 2021 in order to stimulate the local capital market.
These reductions mean that you will be getting more units for every EPF-MIS investment you make for the next twelve months.
For example, if you invest RM1,000 into a fund with net asset value per unit of RM0.50, this is the number of units you will get before and after the reduction:
Illustration of additional units
| |
Sales charge |
Number of units |
 |
| Manual submission/Electronic Member's Investment Option ("e-PPA") |
|
|
 |
Current sales charge |
3.00% |
1,940 |
|
New sales charge |
1.50% |
1,970 |
|
| i-Invest |
|
|
|
Current sales charge |
0.50% |
1,990 |
|
New sales charge |
0% |
2,000 |
In compliance of this stimulus plan, Eastspring Investments has reduced its sales charge for its funds approved under the EPF-MIS. If you are interested to invest or find out more, please contact your Unit Trust Consultant or visit us at www.eastspring.com/my/funds-and-solutions/i-invest
We thank you for your continuous support. Stay well and stay safe.
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