I started buying unit trust with EPF money in June 2009. Yesterday was my second time withdrawing money from EPF to buy unit trust. According to the guidelines, a contributor can withdraw once every 3 months from EPF to invest into approved unit trust funds.

This time, I was recommended by the unit trust agent to buy the Public Islamic Equity Fund. The sales charge is 3%. According to the agent, this 3% is capped by EPF. I wonder if I could get a lower sales charge if I buy directly over the counter without going through the agency or agents.

It will be interesting to see if this managed fund can outperform my index fund (UOB-OSK KLCI Tracker).

My next withdrawal should be after the Chinese New Year, perhaps sometime around March 2010.