Investing using EPF Account1

Posted on April 25, 2012

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 CIMB-Principal Asset Management Berhad being an institution under the EPF Members’ Investment Scheme enables you to invest part of your EPF Savings into its full range of unit trust funds.

Under this scheme, members can invest not more than 20% of their credit in excess of Basic Savings in Account 1. The minimum amount of savings that can be withdrawn is RM 1,000 and can be made at intervals of three months from the date of the last transfer, subject to the availability of the Basic Savings required in Account 1.

Calculation example:
Age: 37 (base on date of birth)
Account 1 Balance: RM56,000
Basic Saving : RM34,000

56,000 – 34000 = RM22,000
Amount can be invested : RM22,000 x 20% = RM4,400.00

 


Suggested funds to be invested:
Contact me for details :
Shiful Aznan
017-4285494
shifulaznan (at) yahoo dot com
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