NON-EPF INVESTMENT - INDIVIDUAL

Q1.
Who can invest?
Individuals aged 18 and above from their last birthday.

Q2.
Can a person holding a red color identity card invest?
Yes.

Q3.
Can an account have more than one unitholder?
Yes, but only limited to one jointholder.

Q4.
Are there any circumstances in which an individual is not allowed to invest?
Yes, a minor below 18 years old. He / she must invest as a designated account holder together with a first holder who is 18 years old or above.

Q5.
If the Joint Holder for a joint account is below 18, must the Joint Holder sign on the investment form?
No.

Q6.
What will happen if the unitholder’s cheque payment is dishonoured / bounced / cancelled?
The company will notify the unitholder and his/her UT Adviser and the investment will be reversed and cancelled accordingly.

Q7.
What are the documents required for investment?
A first time investor is required to submit a duly completed fund application form and a photocopy of NRIC.
For subsequent investment in a new fund or for an additional investment, the investor is required to submit the Additional Investment Slip.

Q8.
How does an individual invest in MAAKL MUTUAL?
The prospective investor may contact our Customer Service Hotline at 03-2146 9581 or visit the nearest MAAKL MUTUAL branch office or contact me Saliza Salihuddin at slieza2711@gmail.com.

Q9.
Can a unitholder issue one cheque to invest into multiple funds?
Yes. A unitholder can issue one cheque for multiple funds and multiple accounts.

Q10.
What is the minimum and maximum amount to invest?
The minimum Initial and Additional investments are as follows:

Minimum nitial Investment - RM1000.00
Minimum Additional Investment - RM100.00

* Applicable to MAAKL Value Fund, MAAKL Balanced Fund and MAAKL Equity Index Fund.

Q11.
Where can a unitholder find information regarding MAAKL MUTUAL funds?
For more details, kindly visit our website at www.maaklmutual.com.my to view our fund prospectuses or contact our Customer Service Hotline at 03-2146 9581.

Q12.
Can a unitholder who has lost his two (2) hands invest?
Yes. He/She can provide a toe print or attach a photo of his/her disabled hands and get a witness to testify.

Q13.
Can a unitholder invest online?
Yes. If he/she is an existing MAAKL MUTUAL unitholder with Maybank or RHB internet banking, he/she can invest via www.maybank2u.com.my or www.rhbbank.com.my

Q14.
What is the cut-off time for investment?
The cut-off time for submission of investment via service counter at MAAKL MUTUAL branch offices, MAA branches and servicing branches is 3.00pm and Investment via online (www.maybank2u.com.my or www.rhbbank.com.my) is 4.30pm.

Q15.
Is there any free insurance provided?
Yes. Applicable only to MAAKL Syariah Index Fund and MAAKL Growth Fund with a minimum Net Asset Value (NAV) of RM10,000.00.

Q16.
Can a unitholder nominate a beneficiary for the Free Insurance?
Yes. He/She is required to fill in the beneficiary details at the “Beneficiary Column” of the Fund Application Form or Amendment of Unitholder’s Particulars Form for an existing investor.

Q17.
How is the price of my investment determined?
For applications received or deemed to have been received by The Manager before 3.00pm via service counter and 4.30pm via online (maybank2u.com) investment on any Business Day, units will issued at selling price (NAV) of the relevant fund calculated at the end of the Business Day (forward pricing) on which the applications were received.
Forward Pricing is the prices determined at the end of the Business Day at the close of Bursa Malaysia after the application to purchase units is received and accepted by the Manager.

EPF INVESTMENT (KWSP)

Q1.
Who is eligible to invest in EPF Members Investment Scheme?
To be eligible, he/she must be below 55 years old or refer to www.kwsp.gov.my for more information.

Q2.
What are the documents required for investing in EPF Members Investment Scheme?
A completed Fund Application Form or Additional Investment Slip, KWSP 9N (AHL) and a certified true copy of NRIC (front and back on the same page of an A4 sized paper with a clear thumbprint).

Q3.
How often can a unitholder make a withdrawal from his/her EPF account for investment in unit trust?
Once every 3 months.

Q4.
What is the investment amount?
The amount to be withdrawn must not be less than RM1,000 and not more that 20 per cent of the amount exceeding the required Basic Savings in Account I. Refer to www.kwsp.gov.my for more information.

Q5.
Can a red color identity card holder invest?

Yes.

Q6.
Can an account have more than one unitholder?
No.

Q7.
What will happen if the investment is rejected by EPF?
The company will notify the unitholder and his/her UT Adviser and the investment will be reversed and cancelled accordingly.

Q8.
What are the documents issued to the unitholder once an investment has been made?
Acknowledgement of Application Received Letter.

Q9.
Can a unitholder who has lost his two (2) hands invest?
Yes. He/She can provide a toe print.

Q10.
How is the price of my investment determined?
For applications received or deemed to have been received by The Manager before 3.00pm via service counter on any Business Day, units will issued at selling price (NAV) of the relevant fund calculated at the end of the Business Day (forward pricing) on which the applications were received.
Forward Pricing is the prices determined at the end of the Business Day at the close of Bursa Malaysia after the application to purchase units is received and accepted by the Manager.

Q11.
Can a unitholder switch units into another fund or redeem the units before EPF disburse the payment to MAAKL MUTUAL?
No. Before EPF disburse the payment to MAAKL MUTUAL, the investment is considered as “Float” units. These units cannot be redeemed or switched into another fund. After EPF disburse the payment to MAAKL MUTUAL, the investment is considered as confirmed units and these units can be redeemed or switched into another fund.

Q12.
Can a unitholder transfer his/her EPF account to another person?
No.

The secret of investing in Unit Trust

There are 3 common strategies used in unit trust investment.

1. Ringgit Cost Averaging
Regularly invest a fix amount in a unit trust fund regardless of market trend is called the Ringgit Cost Averaging strategy. The actual market performance is fluctuating. When the equity market is high, you buy less unit with the same amount. When the market is low, you buy more unit. For long term, you will get much more unit in the lower price range.

2. Portfolio Re-balancing
Portfolio re-balancing is the process of bringing the different asset classes back into proper relationship following a significant change in one or more. More simply stated, it is returning your portfolio to the proper mix of stocks, bonds and cash when they no longer conform to your plan.

Example:
You start investing 50% in equity and 50% in fixed income fund.1 year later, the equity rises and now your portfolio consist of 80% equity and 20% fixed income fund.To re-balance your portfolio, you should sell 30% of your total fund in equity and invest it in fixed income fund so that the portfolio is maintained.
This is the simple principle of buying low, and selling high.

3. Switching
Switching will lock in the gain you made in your unit trust investment. Switching fees are low and definitely lower than the upfront service charge. When you are making profit from an equity fund, you can switch it to some lower risk fund to lock the gain instead of selling it for cash. When the market turn low, you can switch it back to equity fund.

My name is Saliza Salihuddin (slieza2711@gmail.com). I am your Unit Trust Consultant attached with MAAKLMUTUAL Bhd. I am based in Kota Damansara. Feel free to contact me...

Types of Unit Trusts

Unit trusts are considered good instruments for medium- to long-term financial plans. However, it is important that you choose the appropriate fund depending on your risk profile and investment objectives. Listed here are the types of unit trusts currently available in the market:


Income funds: Invest in fixed income securities and huge dividend-yielding shares with the view to pay out most of the returns. Suitable for investors seeking income and some level of growth at low risks.

Capital growth funds: Invest primarily in shares with the view to maximise capital growth over the long-term (i.e. through a higher unit price). Appeal to high-risk investors keen on capital accumulation.

Aggressive growth funds: Similar to capital growth funds but with investments in aggressive, fast track shares that promise high returns - with higher risk. Generally suitable for high-risk investors.

Balanced funds: Have three objectives: income, moderate capital appreciation and capital preservation. Invest across a broad spread of asset categories including shares, fixed income securities and cash. Well-diversified and suitable for investors looking for reasonably safe investments where the risks are lower and which produce average returns.

Index funds: Invest in a basket of shares that tracks a selected stock market index. Bond funds: Invest only in fixed income securities such as bonds and short-term money-market instruments. All bond funds are subject to interest rate risk and most to credit or default risk of the issuers.

Money market funds: Invest only in short-term money market instruments such as treasury bills, negotiable certificates of deposit and bankers acceptances, with maturity of less than 90 days. Since the funds invest in money market instruments, the returns, while small, are generally more attractive compared to saving deposits. Good for investors looking for liquidity, and perhaps a temporary place to park their funds before they commit to other funds.

Islamic funds: Managed according to Syariah principles; invest in shares and fixed income securities which excludes non-halal shares and interest-bearing money market instruments.

State funds: Managed by the state development corporations for investors from the respective states.