Unit Trust vs EPF

Sunday 6 August 2006.

Front page of Utusan Mingguan...
http://www.utusan.com.my/utusan/archive.asp?
y=2006&dt=0806&pub=Utusan_Malaysia&sec=Muka_Hadapan&pg=mh_01.htm

and today... well written by one of PROMUDA's member....

http://www.utusan.com.my/utusan/content.asp?y=2006&dt=0807&pub=Utusan_Malaysia&sec=Muka_Hadapan&pg=mh_01.htm

The statement from the newspaper is definitly not true.

1-Its based on 10 years statistic

2-The statistic doesnt include the redemption profit which has made by the investor in put it back to EPF.

3-Someone from Internal(EPF) paid the reporter to make such news to public because more people are aware making investment in unit trust giving more return and EPF now short of money.

4-When short of money,EPF can't loan enuf to government to implement more projects to use the money in advanced.

5-Unit trust is one of the best way to make an investment which giving the best return(Pro! viding you invest in the right company) and been strongly adviced from our former PM.

6-Doing investment can help to make the country economy better.

Reporter's should educate themselves before they have very high ambitious to educate others....!!!

Pak Lah's feedback:

http://www.utusan.com.my/utusan/content.asp?y=2006&dt=0807&pub=Utusan_Malaysia&sec=Muka_Hadapan&pg=mh_02.htm

Any comments from other readers?