EPF Members Investment Scheme

The Employees Provident Fund (EPF) introduced the Members Investment Scheme to further liberalise investment options for its members. Hong Leong Asset Management Bhd is one of the appointed Fund Management Institutions under the EPF Members Investment Scheme.

How much can I invest?

Members can invest not more than 30% of savings in excess of Basics Savings in Account 1 in products through approved Fund Management Institutions and the minimum amount of investment withdrawal is RM1,000.

What is Basic Savings?

It is a pre-determined savings amount in your Account 1 according to your age to enable you to achieve a minimum savings amount of RM228,000 when you are 55 years old.

A member needs to have a basic savings amount at the predetermined age levels. Amount in excess of the basic savings can be invested in funds under the EPF Members Investment Scheme.

  • Required Basic Savings in Account 1
Age
(Years)
Basic Savings
(RM)
Age
(Years)
Basic Savings
(RM)
18 1,000 37 60,000
19 3,000 38 66,000
20 5,000 39 72,000
21 6,000 40 78,000
22 8,000 41 85,000
23 10,000 42 92,000
24 12,000 43 100,000
25 14,000 44 108,000
26 17,000 45 116,000
27 20,000 46 125,000
28 23,000 47 134,000
29 26,000 48 144,000
30 29,000 49 154,000
31 33,000 50 165,000
32 37,000 51 176,000
33 41,000 52 188,000
34 45,000 53 201,000
35 50,000 54 214,000
36 55,000 55 228,000
  • Examples to Compute The Allowable Investment Amount
Member Age Savings in
Account 1
(RM)
Basic
Savings
(RM)
Computation:
Savings in
Account 1 -
Basic Savings x 30%
Member's Eligibility
A 22 6,000 8,000 - Not qualified as the savings is lesser than the basic savings required.
B 22 10,000 8,000 (10,000 - 8,000) x 30% = RM600 Not qualified as the savings is lesser than required minimum investment amount of RM1,000.
C 25 20,000 14,000 (20,000 - 14,000) x 30% = RM1,800 Qualified as the savings is more than the basic savings and minimum required investment amount.
D 40 75,000 78,000 - Not qualified as the savings is lesser than the basic savings required.
E 45 150,000 116,000 (150,000 - 116,000) x 30% = RM10,200 Qualified as the savings is more than the basic savings and minimum required investment amount.

How often can I invest?

You can invest once every 3 months from the date of the last disbursement, subject to the availability of the Basic Savings required in Account 1.

To know more about our products under the EPF Members Investment Scheme, click here for Hong Leong InvestPro

* The list of Funds under the EPF Members Investment Scheme is subject to the fund evaluation methodology conducted by Federation of Investment Managers Malaysia (FIMM) and may change on a yearly basis. Unitholders may contact HLAM for the most updated list.
 

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