EPF releases revised list of unit trust funds for 2024/2025


KUALA LUMPUR: The Employees Provident Fund (EPF) has released a revised list of unit trust funds that qualify under the EPF Members Investment Scheme (EPF MIS) effective April 1, 2024.

According to the EPF, there are 296 approved funds from 18 fund management institutions (FMIs) under the EPF MIS.

Based on the annual evaluation as of Dec 31, 2023, 189 funds met the minimum qualifying criteria and are qualified to be offered to EPF members for the 2024/2025 offering period, the retirement savings fund said in a statement.

Of the qualified funds, 151 funds (79.9 per cent) are local funds, 107 funds (56.6 per cent) are equity funds, and 76 funds (40.2 per cent) are Shariah funds.

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Chief investment officer Rohaya Mohammad Yusof said EPF MIS enables qualified members to diversify a portion of their EPF Account 1 funds into qualified unit trust funds offered for investments in local and global markets to enhance their retirement savings.

"The list includes sustainable and responsible investment-based (SRI) unit trust funds to play a role in driving sustainable investment agenda at the EPF as we empower members to make informed investment decisions through a wide range of funds,” she said.

The EPF stated that the funds approved under the EPF MIS undergo annual evaluation based on established criteria sanctioned by the Ministry of Finance.

These criteria include assessing the consistency of performance and comparing it with the benchmark.

Furthermore, it highlighted that the qualifying threshold for these criteria undergoes periodic review to ensure that only funds of the highest quality are included.

Rohaya disclosed that following the inception of the i-Invest (EPF MIS) platform in 2019, transactions totalling about RM2.5 billion had been conducted as of December 2023.

"The EPF encourages more members to take advantage of the i-Invest facility following enhancements to the platform made early this year that enabled transactions for private mandate portfolios,” she added.

For a comprehensive list of funds offered by each appointed FMI, members can refer to the EPF website at https://www.kwsp.gov.my/member/savings/i-invest - Bernama

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