EPF enhances i-Invest portal with new features to help members make informed decisions

0
52

KUALA LUMPUR: The Employees Provident Fund (EPF) has rolled out new features and instruments on the i-Invest net portal to enhance person expertise.

Various net features of i-Invest corresponding to transactional capabilities, suitability evaluation, and helpful data on accredited unit belief funds, and fund administration establishments (FMIs) providing them at the moment are obtainable within the i-Akaun cellular software, with extra features to be added within the coming months, the retirement fund mentioned in a press release.

“In an effort to help members make extra informed decisions, the EPF has launched the Historical Investment Performance Dashboard to allow members to analyse funding efficiency returns throughout numerous time horizons.

“This new characteristic, which is the primary of its variety within the home fund administration trade, gives a show of funding returns primarily based on three key classes to allow comparisons to be made on the fund degree, FMI degree, and general portfolio degree,” it mentioned.

The EPF has additionally launched an funding simulator as a software to help members assess funding decisions primarily based on 5 key parameters.

Investment goals can now be simulated primarily based on a member’s alternative of preliminary funding quantity, month-to-month funding quantity, funding interval, charge of return, or ending funding worth.

The enhanced i-Invest portal has additionally integrated Lipper-assigned benchmarks for members to evaluate in opposition to the unit belief funds’ performances.

The i-Invest portal, which was launched in August 2019, presents a variety of capabilities, flexibility, and comfort for members to conduct funding decisions, in addition to monitor their investments at any time and from anyplace.

Through this facility, members can evaluate between unit belief funds supplied by FMIs and acquire a consolidated view of their funding holdings, data on funding prices, fund efficiency historical past, in addition to statutory data associated to the FMIs.

The EPF continues to be certain that the portal is improved from time to time for the good thing about its members and invitations suggestions on the i-Invest portal through the hyperlink https://cms.kwsp.gov.my/survey/surveyfront/index?sid=54 – Bernama



Source link