The Employees Provident Fund (EPF) is making available investments in approved private mandate portfolios, in addition to approved unit trust funds, on its i-Invest portal.
Phillip Capital Management Sdn Bhd (PCM) said it is the first authorised fund management institution under the Members Investment Scheme to offer private mandate portfolios on the i-Invest platform. EPF members can invest in PCM’s private mandate portfolios with as little as RM5,000.
Private Mandate Portfolios, managed by Phillip Capital’s team of professional fund managers, is a game-changer for the Malaysian investment landscape.
It offers investors an array of opportunities to invest directly into Malaysian and foreign securities via various investment mandates, including Dividend-Enhanced portfolios, Environmental, Social, and Governance (ESG)-focused portfolios, Managed Unit Trust Funds and Managed Exchange-Traded Funds (ETFs).
“We are excited to introduce this online service to EPF members. Prior to this, only private investors can open online accounts with us. Now, EPF members can also open accounts online via the EPF’s i-Invest platform to invest in Phillip Capital’s Private Mandate Portfolios”, according to Phillip Capital Management’s executive director, Alfred Loke.
“This platform makes it easy for investors to choose sustainable investing too. The portal streamlines the process and makes it easier and quicker for clients to invest by eliminating the need for traditional paper-based procedures.
Additionally, by investing in ESG-focused Private Mandate Portfolios, investors are indirectly assisting to address the issues of global climate change, resource scarcity, and social inequality by investing in companies that share aspirations in building a better and more sustainable future for our future generations”, added Loke.
The benefits of Private Mandate Portfolios are manifold. Private Mandate Portfolios offer exposure to a broad range of assets and strategies, which help reduce investment risks and potentially enhance long-term returns.
For further diversification, investors can also choose global mandates, which allow the fund managers to invest the Private Mandate Portfolios into global stocks for the investors.
The investment portfolios are managed by experienced and professional fund managers, ensuring that investment choices align with client goals and risk tolerance.
EPF members can invest, add investment, redeem, view, and switch their investments online through the EPF’s i-Invest platform. Members are allowed to open multiple accounts with different type of mandates, if they wish to.
The platform is accessible 24 hours a day, providing EPF members convenience and control over their investments. The platform is user-friendly, and the extensive investment portfolio choices empowers individuals to grow their wealth efficiently and effectively.