It's official today for EPF members; 8% only.

January 2009... Members of the Employees Provident Fund (EPF) will have their employees’ monthly statutory contribution rate by three per cent, from 11 per cent to 8 per cent, effective from January 2009 wage for a period of two years. I wish the members are fully aware of the risk(s) and benefit(s) that they are facing/enjoying.

Having extra income today from tomorrow's fund. It's a choice; choose smart.

Unit Trust Launch : Public Islamic Select Enterprises Fund (PISEF)

PISEF is suitable for investors who wish to participate in the long-term growth potential of Shariah-compliant bellweather companies in the domestic market. PISEF is an aggressive Islamic equity fund that seeks to achieve capital growth through investment in the largest 50 companies in term of market capitalisation (at the point of purchase) listed on Bursa Securities which comply with Shariah requirements.

Promotional service charge of 5% of Initial Offer Price per unit during offer period.

Minimum initial investment: MYR 1000.00
Min. additional investment: MYR 100.00
Offer Period: 14 August 2008 to 13 September 2008.
Offer unit NAV: MYR 0.25
Sales charge: Up to 5.5% of NAV
Investor Profile: Aggressive
Investment option: EPF Scheme or Direct Debit Instruction or Lump sump