The EFMs in EPF
The Morning Run Crew
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Outsourcing investments to external fund managers (EFM) has been a longstanding practice in EPF. According to the annual report, about a quarter of 2015's investment income was attributed to EFMs. We ask the question of whether this is worth it.
Also EPF will be making a radical change to another kind of investment outsourcing. Members' optional unit trust investments will be put online to reduce/eliminated sales-related fees that can come up to 5%. We also question the principles behind doing this.
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Tags: passive investing, epf, retirement planning, pension funds, defined contribution, etfs, low cost funds, index funds, fbmklci, robo advisors