Personal Finance Term
EPF i-Invest
A facility that allows EPF members to transfer a portion of their Account 1 savings into approved unit trusts or ETFs, aiming for returns higher than the EPF dividend.
Under i-Invest, eligible members (below age 55, Account 1 balance above RM10,000) can transfer up to 30% of the amount in Account 1 exceeding the Basic Savings threshold into approved funds listed on the EPF i-Invest platform. The process is done via the KWSP i-Akaun portal.
The key risk: unlike EPF dividends (which have a minimum guarantee), unit trust returns are not guaranteed. If the fund underperforms the EPF dividend, you lose out. Most fee-based advisors earn trail commissions from EPF i-Invest fund sales — understand their incentives before investing.