We are proud to announce that Dana Makmur Pheim is the winner to 2 awards in 2019 Lipper Fund Awards from Refinitiv, being the Best Mixed Asset MYR Balanced Islamic Fund (Global Islamic) for the following periods ended December 2018:

• Global Islamic, 5-Year (4^th consecutive year)
• Global Islamic, 10-Year (4^th consecutive year)

As of last year, Dana Makmur Pheim won the Lipper Fund Awards – Best Mixed Asset MYR Balanced Islamic Fund (Global Islamic) for 5-Year & 10-year periods ended December 2015, 2016, 2017 & 2018 for 4 consecutive years

EPF members may now invest in our EPF-MIS Approved Funds through the EPF I-INVEST ONLINE PLATFORM starting 19^th August 2019 via our distributor`s channel,  iFAST Capital Sdn Bhd or Phillip Mutual Bhd.

PRESS RELEASE by EPF, 19 AUGUST 2019

KUALA LUMPUR, 19 August 2019: The Employees Provident Fund (EPF) today announces that eligible members can now make informed investment of unit trust funds offered by EPF-approved Fund Management Institutions (FMIs) through the self-service i-Invest online platform within the i-Akaun (Member) portal.

For members below 55 years old, investment can be funded directly from the eligible portion of members’ savings under Account 1 with a sales charge ranging from zero to 0.5% of the transaction amount.

EPF Chief Executive Officer Tunku Alizakri Alias said, “We are very excited about introducing i-Invest, as this digitally powered facility empowers our members to take control of their investments and make transactions at nearly zero cost.

“To ensure they are as informed as possible, i-Invest contains tools to obtain and compare relevant information, and enables the right selection of unit trust funds that best suits our members’ savings goals. We are also proud as we believe the EPF is the first in the world to directly link members’ retirement funds to online investment services.”

i-Invest provides greater flexibility, functionality and convenience for members to invest, transact and monitor their unit trusts investment anytime and anywhere. It also enables members to compare different unit trust funds offered by the FMIs, monitor their investment funds through their i-Akaun, and look up information on cost of investment, historical performance, as well as required statutory information.

Tunku Alizakri said a key element of the online investment facility was that sales charges were now practically free, as the EPF has enforced a maximum cap of 0.5% compared to the current 3% for offline and traditional transactions through agents.

He advised members interested in utilising i-Invest to continue to exercise caution when making any investment decision and encouraged them to arm themselves with the right information or seek professional advice before committing to any transactions.
Members may transfer from their EPF Account 1 up to 30% of the amount in excess of Basic Savings, to be invested in the qualified funds. Members can also open an account to invest in unit trust funds with any FMI through this new facility.

Members aged 55 and above can utilise i-Invest using Akaun 55 or Akaun Emas through i-Akaun as a mode of withdrawal, subject to maintaining a minimum of RM1,000 in their account.

The EPF has strict guidelines for FMIs to comply with in order to safeguard the integrity of the scheme and the interest of participating members, as well as to ensure that FMIs carry out their duties diligently and responsibly.

For the period of 2019/2020, a total of 389 funds from various categories, namely equity, mixed assets, bond, money market and property trusts, were approved under the EPF Members Investment Scheme.

One of our funds, Dana Makmur Pheim  are selected as Fundsupermart’s Recommend Unit Trust 2019/2020 under the Balanced – Malaysia (Islamic) categories respectively.