Frequently Asked Question- CIMB Principal

Can I invest my EPF savings with CIMB-Principal Asset Management (CIMB-Principal)?

Yes, CIMB-Principal Asset Management is an approved funds management institution under the EPF Members Investment Scheme. You can invest up to 20% of the amount in excess of RM50,000 from your EPF Account 1 every 3 months.

Are the Funds' returns guaranteed?

No, returns of funds are not guaranteed as they invest in assets (for example, shares and bonds) which fluctuate in value on a daily basis. The price of the Funds' investments will rise and fall and consequently cause unit prices to rise and fall. Therefore, we cannot guarantee fund returns.How is the switching of Funds processed?

An investor will redeem out of Fund A at redemption/bid price and come in to Fund B at Fund B's Net Asset Value (NAV) rounded UP to the nearest quarter cent.

What prices do we apply in a switch?

Take for example, an investor who switches from Fund A to Fund B. The bid/buying price of Fund A will be used to convert the units to a Ringgit value amount. The NAV of Fund B will then be used to convert the value in Ringgit back to units of Fund B.

Why does the unit price fall after a distribution?

Income earned by the Fund during the financial year is accrued in its units price until the end of the distribution period. When an income distribution is declared, any interest income and realised capital profits are paid to unitholders. Consequently, the Fund's net asset value per unit, and therefore the application (offer) and withdrawal (bid) prices, will tend to fall by approximately the same amount as the income distribution.

If an investor chooses to reinvest their distributions, at what unit price and date will it be executed at?

The reinvestment of the distributions will be at the NAV price, after distribution payout, at the last business day of the year. The Income Plus Fund declares two distributions a year. Distributions are reinvested at the NAV price, after distribution payout, at the last business day in June and December.

What will happen to monies not claimed by investors - distribution or withdrawal?

Unclaimed monies - after 12 months, the Trustee will credit to the Consolidated Trust account and lodge it with the Registrar which will be held for a further 12 months to enable owners of the monies to collect.

Is there any exit fee when an investor withdraws his units?

No, there is no exit fee charged. The minimum withdrawal amount is RM1,000. Payment will be made within 10 business days.


Is there a regular investment plan?

Yes, the CIMB-Principal Easy Investment Plan allows you to make regular monthly investments of RM100 or more direct from your bank account. The minimum initial investment for the Easy Investment Plan is RM1,000.