News Formal

A total of 299 funds approved under EPF member investment scheme

  • 📰 staronline
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 75%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The EPF said of these qualified funds, 149 are local funds, with 104 being equity funds.

The EPF said of these qualified funds, 149 funds, or 81%, are local funds, with 104 funds or 70% being equity funds.

“As an incentive to encourage members’ investment into an SRI-based fund, the sales charge is reduced for transactions made through the EPF’s i-Invest online platform from 0.5% to 0%; or not more than 1.5% for transactions via agents,” she said in a statement. The qualifying threshold set for these criteria is reviewed from time to time to ensure only funds with the highest quality are listed.

Rohaya said since the launch of the i-Invest platform in 2019, around RM2.15bil had been transacted as at December 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EPF approves 299 funds for its member investment schemeEPF approves 299 funds for its member investment scheme FMTNews FMTBusiness
Source: fmtoday - 🏆 5. / 72 Read more »