EPF i-Invest Platform: Invest in Unit Trust on Your Own

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Many EPF contributors are unaware that there is an EPF platform for investing in unit trust. Through this platform, investors can grow their savings more strategically.
The new i-Invest platform was introduced by the Employees Provident Fund (EPF) to allow EPF members to invest in unit trust online.
This platform provides a self-service facility within the i-Akaun portal. EPF members simply need to log in to the EPF i-Akaun portal.
Members can then choose from as many as 389 funds across various categories such as equity, mixed assets, bond, money market, and property trust.
All of these funds are approved under the EPF Members'' Investment Scheme. So there is no need to worry.
Additionally, the i-Invest platform is highly flexible.
Members can compare each fund offered by fund management institutions at any time and from anywhere.
It allows members to monitor and manage their investment funds, review performance information, and check fund status all through i-Akaun alone.
Previously, during periods of economic uncertainty, many unit trust investors felt anxious when their fund performance dropped and became unpredictable.
However, investors and investment advisers no longer need to worry about this.
Investors now have the opportunity to conduct their own analysis and make independent decisions on whether to sell or switch to funds with better performance.
This situation is similar for stock investors as well.
You need knowledge to analyse the ups and downs of your stock performance. Then make decisions and create a trading plan to manage your funds for profit.
So it is worthwhile to invest your time and effort to learn about stocks while also knowing how to manage your unit trust funds independently.
Furthermore, when investing through an agent, the sales/service charges imposed are typically around 6%.
However, the i-Invest facility sets sales charges that are essentially free and much lower.
EPF enforces a maximum cap of 0.5% compared to 3% for offline transactions through agents.
Members can also transfer up to 30% of their total savings from Account 1 to invest in funds with strong potential.
Members can open an account to invest in unit trust with any fund management institution through this new system.
EPF Chief Executive Officer, Tunku Alizakri Alias, believes that EPF will become the first pension fund in the world to connect members'' retirement savings with online investment services.
Therefore, EPF members can now invest in unit trust independently without going through an agent.
Moreover, many charges and costs can be reduced with this new system.
So make the right investment plans for a brighter future.
i-Invest is an online investment platform by EPF that allows members to invest in unit trust directly without going through an agent, with lower sales charges.
EPF enforces a maximum sales charge cap of only 0.5% through i-Invest, compared to up to 3% for offline transactions through agents.
EPF members can transfer up to 30% of their total Account 1 savings to invest in unit trust funds with strong potential through the i-Invest platform.
Yes, all funds available through i-Invest have been approved and monitored by EPF as well as the Securities Commission Malaysia to ensure the safety of members'' investments.
Besides unit trust through EPF, you can also invest directly in stocks on Bursa Malaysia for potentially higher returns.
Open a CDS account today to start investing in stocks on Bursa Malaysia and diversify your investment portfolio.
Download our free stock basics ebook to understand the difference between unit trust and stock investing, as well as strategies that suit you.
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