fbpx

EPF members can invest in over 202 funds with their EPF deposits!

02/04/2022

EPF members can invest in over 202 funds with their EPF deposits!

The KWSP launched i-Invest, an online self-service portal. Members can invest in qualified funds using the funds in their initial account (Akaun 1). i-Invest provides members with greater flexibility, functionality, and convenience by allowing them to invest, trade, and monitor unit trust investments from anywhere at any time.

There will be 202 qualified funds to choose from as of April 1, 2022, and 19 fund management organisations will offer the 202 eligible funds. There are 117 equities funds, 45 mixed asset funds, 20 bond funds, and 20 money market funds among them.

Since its launch in September 2019, i-Invest has recorded a total of 168,652 transactions worth RM1.69 billion as of December 31, 2021. Members under the age of 55 can invest straight from their first account deposit, with a sales charge of 0 percent to 0.5 percent applied to the transaction amount.

All deposits in the Akaun Emas account can be used for investment by members aged 55 and up, but a minimum of RM1,000 must be held in the account.

The KWSP now works with 19 fund platforms, and members can invest in these platforms via i-Invest.

The following are the 19 fund platforms that work with KWSP:

1. Affin Hwang Asset Management Berhad

2. Amanah Saham Nasional Berhad

3. Amanah Saham Sarawak

4. Amara Investment Management Sdn Bhd

5. AmFunds Management Bhd

6. Astute Fund Management Berhad

7. Principal Asset Management Bhd

8. Eastspring Investments Bhd

9. Hong Leong Asset Management Bhd

10. KAF Investment Funds Bhd

11. Kenanga Investors Bhd

12. Manulife Investment Management (M) Berhad

13. MIDF Amanah Asset Management Bhd

14. BOS Wealth Management Malaysia Berhad

15. Pheim Unit Trusts Bhd

16. Phillip Capital Management Sdn Bhd

17. PMB Investment Bhd

18. Public Mutual Bhd

19. RHB Asset Management Sdn Bhd

You May Also Like…

Is hair loss related to mood?

Is hair loss related to mood?

What are some ways to grow hair faster? What foods can make hair grow faster? Going from pretty short hair to long...