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Frequently Asked Questions : EPF Members' Investment Scheme
Frequently Asked Questions
 
   
 
 
     
Frequently Asked Questions  


The Employees Provident Fund (EPF) Members' Investment Scheme, allows you to withdraw a portion of your EPF investment and invest the money in unit trusts that are appointed by the EPF.

Note:Please not that only selected funds are approved under the EPF Members' Investment Scheme. 
  • 1.Who can participate in EPF Members' Investment Scheme?

    Please check the www.kwsp.gov.my for eligibility for the Scheme.​

  • 2.When can I withdraw from your EPF Account?

    You can withdraw the eligible portion from your EPF account at any time. After that, you are allowed to make additional investments after every three (3) months. For example, if you withdraw funds from your EPF account on 1st April, you can choose to make additional investments three months later on 1st July.​

  • 3.How do I withdraw my EPF contribution and invest in a unit trust fund?

    Withdrawing from your EPF account to invest in our unit trust funds is easy - just follow these 3 simple steps.

    Step 1

    Obtain the approved investment amount statement or the "Penyata Yang Boleh Dilaburkan" from the EPF. This statement will indicate the amount you are entitled to invest.

    Step 2

    Complete the following form:-

    • KWSP 9N (AHL) form, which can be obtained from the EPF office or any of our branch offices.
    • Fund's Account Opening Form & Specimen Signature Card.
    • Declaration Letter

    Step 3

    Attach 2 copies of your Identity Card (front and back) and forward them to our Head Office, any of our branches or distribution channels nearest to you before the cut off time.

     

    AmInvestment Services Berhad will take care of the rest for you and arrange the transfer of your EPF investment to the unit trust fund you have selected in the unit trust Application Form.​

  • 4.When will an EPF application be processed?

    For Money Market Fund and Short-Medium Term Fixed Income Funds

    If an EPF application with complete documentation is received on a business day, it will be processed on the business day payments in cleared funds are received from EPF.

    For Fixed Income, Mixed Assets Funds and Equity Funds

    If an EPF application with complete documentation is received before the cut-off time on a business day, it will be processed at the close of the business day.

    If an EPF application with complete documentation is received after the cut-off time or on a non-business day, the application will be processed on the next business day.​

  • 5.On what grounds an EPF application might be rejected?

    EPF may reject your application under the following conditions:

    1. Amount applied is more than the amount entitled under the EPF Investment Scheme
    2. If the application is submitted less than 3 months from the last withdrawal date from the EPF.
    3. Multiple applications, where more than one application is submitted either to AmInvestment Services Berhad or other unit trust companies.
    4. If your KWSP 9N (AHL) form is not complete or your thumbprints are not clear.

    For equity funds, if your application is rejected, AmInvestment Services Berhad will make the necessary arrangement to cancel the units that have been allocated under your name. AmInvestment Services Berhad will send the notification directly to your registered address and at the same time your respective agents (if any) will be notified of the status of your application.​

  • 6.How do I redeem my EPF investment?

    You can redeem your investment on any business day of the respective unit trust funds by completing the "Transaction Form" which can be obtained directly from AmInvestment Services Berhad head office, representative offices or distribution channels. AmInvestment Services Berhad will process the completed redemption request received before the cut off time as stated in the AmMutual Master Prospectus based on forward pricing upon receipt of such application.

    All redemption proceeds will be paid directly to the EPF. The EPF will then credit your EPF account. AmInvestment Services Berhad will send you a confirmation on the total amount that has been paid to the EPF.​
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