{"id":44625,"date":"2020-08-21T13:43:23","date_gmt":"2020-08-21T05:43:23","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=44625"},"modified":"2024-01-31T11:21:16","modified_gmt":"2024-01-31T03:21:16","slug":"beginners-guide-epf-i-invest","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/beginners-guide-epf-i-invest","title":{"rendered":"10 Things You Should Know About EPF i-Invest"},"content":{"rendered":"

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Did you know that the Employees Provident Fund (EPF) has an online platform that allows you to diversify part of your EPF savings in approved unit trust funds? In fact, the platform, EPF i-Invest, has been around for a year<\/strong>.<\/p>\n

But if you aren\u2019t familiar with the platform, you could be missing out on a lot of great features and benefits that can directly impact your retirement savings.<\/p>\n

Not to worry. Here are 10 things you need to know about how you can diversify your retirement savings with EPF i-Invest <\/strong>and Principal Asset Management (Principal)<\/strong>.<\/p>\n

1. I\u2019m happy with my EPF returns – why should I start investing?<\/h3>\n

Yes, EPF has historically performed well, averaging at around 6% p.a.<\/a> in the past 10 years.<\/p>\n

But with EPF i-Invest, you\u2019ll have the opportunity to invest part of your savings in approved unit trust funds for potentially greater returns. This means having more control over your savings and being able to improve your chances of reaching your retirement goals. For more information on fund performance, refer to point 7 below.<\/p>\n

2. Am I eligible to invest in EPF i-Invest? And how much can I invest?<\/strong><\/h3>\n

To invest, you\u2019ll need to meet these criteria:<\/p>\n