EPF members can now invest in funds that are invested 100% overseas

PETALING JAYA: Employees Provident Fund (EPF) members are now allowed to invest in unit trust funds that are fully focused on investing overseas.

Prior to this, EPF only allowed investments in unit trust funds with no more than 30% foreign exposure, although a 5% allowance in excess of the 30% threshold is permitted if it is due to share market movements or redemption activities conducted by investors.