It has been over a year since the COVID-19 pandemic hit the country and globally, causing many to face financial hardship. The personal income of many people has been affected due to the pandemic and it has significantly impacted their current lifestyle, comfort level and retirement savings.
Be it then or now, there has been a growing awareness and understanding of the importance of generating a passive income and how it helps to generate extra money to supplement one’s current income in order to build savings, and increase opportunities to meet one’s financial goals, such as those related to retirement.
“Never depend on a single income. Make an investment to create a second source,” says billionaire Warren Buffett, arguably the world’s greatest stock investor.
Notably, one of the ways to generate a passive income is through investing in unit trust funds. During these trying times, some people may experience having low disposable income and as such, may not be able to afford additional funds for investment.
With EPF i-Invest, Employees Provident Fund (“EPF”) members are allowed to diversify part of their Account 1 EPF savings in approved unit trust funds with Fund Management Institutions (FMI)1.
In a nutshell, this enables EPF members to invest without any new cash investment, but with their respective EPF savings.
EPF members, who are looking to diversify a portion of their EPF savings to potentially enhance their retirement savings, can now consider investing in Hong Leong Asset Management Bhd’s (“Hong Leong AM”) EPF-approved funds through EPF i-Invest portal.
There are four key benefits to using EPF i-Invest:
You can start investing with Hong Leong AM’s EPF-approved funds simply by following these five simple steps:
Why invest in Hong Leong AM’s funds?
With over 26 years of experience, Hong Leong AM is ranked no. 5 amongst unit trust management companies in Malaysia2 and offers a range of both conventional and Shariah-compliant funds that are managed by professional fund managers.
With our proven disciplined and systematic investment approach process, Hong Leong AM is able to identify and invest in companies with sustainable competitiveness that seeks to deliver consistent portfolio performance and to generate superior value for investors.
Hong Leong AM has a total of eleven (11) EPF-approved funds, four (412) of which are award-winning funds:
| Fund name | Category |
1-Year Percentage Growth (%) |
3-Year Percentage Growth (%) |
5-Year Percentage Growth (%) |
| Conventional Funds | ||||
Hong Leong Asia-Pacific Dividend Fund
 |
Equity | 16.54 | 81.78 | 112.62 |
| Hong Leong Dividend Fund
|
Equity | 60.29 | 70.59 | 109.96 |
| Hong Leong Growth Fund
|
Equity | 21.19 | 43.31 | 78.44 |
| Shariah-Compliant Funds | ||||
Hong Leong Dana Makmur *
 |
Equity (Islamic) |
70.18 | 100.14 | 136.34 |
Source: Lipper, as at 31 August 2021
*Hong Leong Dana Makmur is managed by Hong Leong Islamic Asset Management Sdn Bhd (“Hong Leong Islamic AM”), the appointed external fund manager by Hong Leong AM.
For more information about investing in Hong Leong AM’s EPF-approved funds via EPF i-Invest, scan the QR code below:
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Source:
- https://hlam.com.my/EPF/i-Invest
- Lipper, as at 31 July 2021
Disclaimer:
This article has not been reviewed by the Securities Commission Malaysia. Investors are advised to read and understand the contents of the Hong Leong Master Prospectus dated 23 August 2019, First, Second and Third Supplementary Hong Leong Master Prospectus dated 18 November 2019, 27 March 2020 and 31 December 2020 respectively (the “Prospectus”) and Product Highlights Sheet (the “PHS”) before investing. The Prospectus has been registered and PHS lodged with the Securities Commission Malaysia which takes no responsibility for the contents of the Prospectus and PHS. The registration of Prospectus or lodgement of PHS with the Securities Commission Malaysia does not amount to nor indicate that the Securities Commission Malaysia has recommended or endorsed the fund. A copy of the Prospectus and PHS can be obtained from any of Hong Leong Asset Management Bhd’s offices, agents or authorised distributors and investors have the right to request for it. Investors should also consider the fees and charges involved before investing. Prices of units and distributions payable, if any, may go down or up and past performance is not a guarantee of future performance. Investors should be aware of the risks associated with each fund before investing. The Fund may not be suitable for all and if in doubt, investors should seek independent professional advice.
Refinitiv Lipper Fund Awards, ©2021 Refinitiv. All rights reserved. Used under license. These awards are awarded by an independent fund data provider, Refinitiv Lipper.