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How Do I Purchase Unit Trust Funds?

Before that, let's check the requirements below :

  • Step 1

    Firstly, login to your eUnittrust account.

  • Step 2

    Click Transact to proceed.

  • Step 3

    Select fund of your choice to purchase & fill in amount of unit that you want to purchase.

  • Step 4

    Please read the Prospectus & Product highlight sheet before deciding to purchase a fund.

  • Step 5

    Insert the Investment amount & click Next to proceed.

  • Step 6

    Select type of payment method & click Client Declaration. Key in your eunittrust account password & click Confirm.

  • Step 7

    Make sure the amount & fund selected are accurate. Select the preferred bank to make payment & key in your email address.
    Login to your bank account.

  • Step 8

    Click Close & you have successfully performed purchasing transaction.

     

Units will be purchased at the Net Asset Value per unit of the Fund calculated at the end of the Business Day on which the request is received by Phillip Mutual Berhad (before Cut-Off time of the respective Funds).

If the investors want to effect the buy or sell transaction based on the price at the end of the Business Day where he/she effect the transaction, the transaction must be executed online before the following cut-off time :

Fund Mode of Payment Cut of Time NAV
All Phillip Mutual Berhad Funds except Money Marked Funds
  • Internet Banking
  • Telegraphic Transfer
  • Cheque
  • Lump Sum
    		• 03.00 PM on a business day Based on the cut-off time on a Business Day which Phillip Mutual Bhd received the proof of payment. Please refer to the Fund's prospectus for details
    Phillip Master Money Market Fund & Phillip Master Islamic Cash Fund 10.30 AM for Investment, 09.45 AM for redemption on a Business Day Based on the cut-off time on which Phillip Mutual Bhd received the proof of payment in Phillip Mutual Berhad's bank account. Please refer to the Fund's prospectus for details
    Third party funds distributed by Phillip Mutual Bhd In general, PMB's cut off time to accept Third party fund is 03.00 PM on a Business Day
    *During MCO, kindly refer to our MCO cut-off time by respective fund houses in Announcements     		Based on the cut-off time on which Phillip Mutual Bhd received the proof of payment/ clearance of funds depending on the nature of the respective Funds

    Lump Sum

    You may directly bank in your payment into our bank account, telegraphic transfer or Internet Banking

    Cheque

    Payment can be deposited directly into our bank account as stated below at any Malayan Banking Bhd branches.

  • A copy of the Deposit Slip (or any form of proof of payment) must be faxed or email to us.
  • Payment for postal application should be made by cheque only.
  • Cheques must be drawn in Ringgit Malaysia (RM), crossed and made payable to "Phillip Mutual Berhad". Post-dated cheques will not be accepted.
  • Payment by outstation cheques should include bank commission charges.
  • Please note that the instruction to purchase Units will be executed on the date on which the payment (or proof of payment) are received or are deemed to have been received by us.

    • Telegraphic Transfer

    Telegraphic transfer should be in favour of Phillip Mutual Bhd as per the following bank details.

  • A copy of the TT Slip must be faxed or email to us.
  • Please note that the instruction to purchase Units will be executed on the date on which the payment (or proof of payment) are received or are deemed to have been received by us.

    • Internet Banking

    Via Our MEPS FPX

    Our Account Details

    AMIslamic Bank Berhad

    PHILLIP MUTUAL BHD

    0662022016234

    Phillip Mutual Berhad Trust Account

    PHILLIP MUTUAL BHD

    514011-379755

    Public Bank Berhad

    PHILLIP MUTUAL BHD

    3169402106

    CIMB Islamic Bank Berhad

    PHILLIP MUTUAL BHD

    8600048985

    • Step 1

      Firstly, login to your eUnittrust account.

    • Step 2

      Click Transact to proceed.

    • Step 3

      Select fund of your choice & fill in amount of unit that you want to sell.

    • Step 4

      Enter the correct bank account number and check that the amount and fund you choose are correct.

    • Step 5

      You have successfully performed selling transaction.

         

    Units will be redeemed at the Net Asset Value per unit of the Fund calculated at the end of the Business Day of the respective funds on which the request is received by Phillip Mutual Berhad. There is no redemption charge for Phillip Mutual Bhds house funds. For third party funds distributed by Phillip Mutual Bhd, kindly refer to the respective Prospectus of the Funds for further details on redemption charges.

    • Step 1

      Firstly, login to your eUnittrust account.

    • Step 2

      Click Transact to proceed.

    • Step 3

      Select fund of your choice to switch & fill in amount of unit that you want to switch.
      Please read the Prospectus & Product highlight sheet before deciding to switch the fund.

    • Step 4

      Make sure the amount & fund selected are accurate.
      Click Client Declaration.
      Key in your eUnittrust account password & click Confirm.

    • Step 5

      You have successfully performed switching transaction.

         
    Original Fund Target Fund Pricing - Switch out at Pricing - Switch in at Switching Fee
    Phillip Master Money Market Fund Equity Growth or Any 3rd Party Fund NAV NAV + a fee equal to the difference between the sales charge originally imposed and the sales charge of the target Fund The difference in sales charge The switching fee is only applicable for the 1st transaction. Subsequent transaction will be switched at NAV (within the same account)
    Phillip Master Equity Growth Money Market Fund NAV NAV Free
    Kenanga Growth Fund Kenanga Balanced Fund NAV NAV Free

    There is no limit to the frequency of switching. If the original funds are Kenanga Growth Fund and Kenanga Balanced Fund, no switching fees will be charged. Where the original fund is the Phillip Master Money Market Fund, units switched shall be subject to an additional fee equal to the difference between the sales charge originally imposed and the sales charge of the new fund.

    Types of switching

    To funds from the same UTMC

    This switching is at NO COST

    Internal switching : Fund price T (Today) + 0

    To funds from different UTMC.

    Minimal sales charge as imposed by the UTMC will incur.

    External Switching : Fund Price T (Today) + 2

    Switching from Equity to Money Market : Fund Price T (Today) + 6

    Types of Transfer

    External Transfer

  • Can transfer unit trust that you bought with cash or EPF from other fund houses or distributors into eunittrust.com.my
  • A transfer fee of RM20.00 will be charged for any request to transfer units
  • You can only transfer funds that are available on our platform eunittrust.com.my.

    • Internal Transfer

  • Involves the transfer of unit trust from your eunittrust.com.my account into their beneficiary eunittrust.com.my account
  • Free of charge
  • The transferor and transferee should be an existing investor with us. If not, the said investor is required to open a Unit Trust Investment Account with us.

    • How do I transfer my units online?

    External Transfer

  • Fill in UTMC Transfer Form, PMB Fund Master Form , FIMM pre Investment Form (attached in booklet), PMB ISAF (attached in booklet) and provide Photocopy of IC & Photocopy of joint Account Holder's (if any).
  • Client can request all the forms from PMB branch or email to HQ.

    • Internal Transfer

  • Fill in the original PMB Transfer Form
  • Client can request all the forms from PMB branch or email to HQ.

    • Sign and Post the Forms to

    Phillip Mutual Berhad

    B-18-6, Block B, Level 18, Unit 6, Megan Avenue 2,
    No.12 Jalan Yap Kwan Seng,
    50450 Kuala Lumpur.

    Cooling-Off

    The Cooling-Off right refers to the right of the investor to obtain a refund if he should change his mind about an investment he has made in any of the Funds if he so requests within the cooling-off period i.e. within six (6) Business Days of the date of his application.

    A Cooling-Off right is only given to an investor, other than those listed below, who is investing in any of the unit trust funds for the first time for each Unit Trust Management Company:

    How do I apply cooling off?

    Kindly email to phillipmutual@phillipcapital.com.my and eUnittrust@phillipcapital.com.my eUnittrust@phillipcapital.com.my for Cooling Off request

    The refunds for every Unit held would be based on :

    • The NAV per Unit on the day the unit were first purchase
    • The Sales Charge per Unit originally imposed on the day the Units were purchased.