REGULAR WITHDRAWAL PLAN (RWP) ENJOY THE CONVENIENCE OF REGULAR WITHDRAWAL
What is a Regular Withdrawal Plan (RWP)? Regular Withdrawal Plan (RWP) is a facility that allows you to redeem units of your account at regular intervals to fund your expenses. This plan is suitable for retirees who have made a lump sum investment and wish to receive a more consistent payouts at regular intervals from the said lump-sum investment. Features of RWP RWP is available for cash scheme investments into equity, mixed asset, balanced or bond funds. Withdrawal can be made monthly, semi-annually or annually. Payout will not be made if the computed RWP withdrawal is below 1,000 units. You can only execute one RWP per account. Once RWP is activated, the distribution instruction of the account will be defaulted to Reinvestment. 1
Limit on RWP amount RWP amount can be set up as follows: Fund Equity, Mixed Asset or Balanced Funds Bond Funds Withdrawal Rate Permitted Up to a maximum of 8% per annum Up to a maximum of 6% per annum Illustration: Equity Fund A Mixed Asset Fund B Bond Fund C Balanced Fund D Balance of Account (units) 200,000 200,000 200,000 120,000 Withdrawal Instruction (rate per annum) 8% 8% 6% 8% Frequency of Withdrawal Monthly Semi-Annually Annually Monthly Computed Withdrawal (units) 1,333 8,000 12,000 800 NAV Per Unit on the 15th of the RWP Month 0.2500 0.3500 1.0000 0.2500 Withdrawal Amount (RM) 333.33 2,800.00 12,000.00 No payout as computed withdrawal is below 1,000 units. What You Need to Know: The RWP withdrawal amount may vary between withdrawal dates. The withdrawal amount is based on the balance of units in your account. The value of the units, in turn, depends on the closing NAV per unit (RM) as at each withdrawal date. The actual returns of your account in any particular year may be higher or lower than your opted withdrawal rate. Your exercise of RWP may result in withdrawal of your investment capital, depending on the quantum and frequency of your withdrawal, and the returns of your account. RWP may not be suitable for investors who are still at the stage of accumulating wealth/savings towards retirement. 2
Illustration: Mr W and Ms X both invested into Equity Fund A on 1-Jan-2018. Mr W and Ms X exercised their RWP at 8% annually on 1-Jan-2019 and 1-Jan-2020 respectively. Here s the balance of their investment after 2 years. Your exercise of RWP may result in withdrawal of your investment capital. DATE DESCRIPTION Mr W Ms X 1-Jan-2018 Net investment amount after 94,500.00 94,500.00 sales charge (RM) Fund NAV per unit (RM) 1.0000 1.0000 Unit available in Account 94,500.00 94,500.00 RWP exercise date 1-Jan-2019 1-Jan-2020 Withdrawal rate per annum 8.00% 8.00% Frequency Annually Annually Fund Return for Year 2018 (%) 10% 10% 1-Jan-2019 Fund NAV per unit (RM) 1.1000 1.1000 RWP withdrawal units 7,560.00 - RWP withdrawal amount (RM) 8,316.00 - Unit balance in Account 86,940.00 94,500.00 Value balance in Account (RM) 95,634.00 103,950.00 Fund Return for Year 2019 (%) 5% 5% 1-Jan-2020 Fund NAV per unit (RM) 1.1550 1.1550 RWP withdrawal units 6,955.20 7,560.00 RWP withdrawal amount (RM) 8,033.26 8,731.80 Unit balance in Account 79,984.80 86,940.00 Value balance in Account (RM) 92,382.44 100,415.70 The above scenario shows that Mr W s RWP has resulted in the withdrawal of his investment capital. Meanwhile Ms X who exercised her RWP one year later, still has her capital intact. How to Apply? You can apply for the RWP facility via Public Mutual Online (PMO) only. Get In Touch with Us Unit Trust Consultant Public Mutual Branch/Customer Service Centre 03-2022 5000 www.publicmutual.com.my 3
(RWP)? Regular Withdrawal Plan RWP RWP RWP RWP 1,000 RWP RWP 4
RWP RWP 8% 6% : A B C D 200,000 200,000 200,000 120,000 8% 8% 6% 8% 1,333 8,000 12,000 800 RWP 15 NAV 0.2500 0.3500 1.0000 0.2500 (RM) 333.33 2,800.00 12,000.00 1,000 RWP NAV RWP RWP / 5
: W X 2018 1 1 A W X 2019 1 1 2020 1 1 8% RWP 2 RWP W 2018 94,500.00 94,500.00 1 1 ( ) ( ) 1.0000 1.0000 94,500.00 94,500.00 RWP 2019 1 1 2020 1 1 8.00% 8.00% 2018 (%) 10% 10% 2019 ( ) 1.1000 1.1000 1 1 RWP 7,560.00 - RWP ( ) 8,316.00-86,940.00 94,500.00 ( ) 95,634.00 103,950.00 2019 (%) 5% 5% 2020 ( ) 1.1550 1.1550 1 1 RWP 6,955.20 7,560.00 RWP ( ) 8,033.26 8,731.80 79,984.80 86,940.00 RWP RWP X (PMO) RWP 03-2022 5000 www.publicmutual.com.my 6
(RWP)? Regular Withdrawal Plan RWP RWP RWP RWP 1,000 RWP RWP 4
RWP RWP 8% 6% : A B C D 200,000 200,000 200,000 120,000 8% 8% 6% 8% 1,333 8,000 12,000 800 RWP 15 NAV 0.2500 0.3500 1.0000 0.2500 (RM) 333.33 2,800.00 12,000.00 1,000 RWP NAV RWP RWP / 5
: W X 2018 1 1 A W X 2019 1 1 2020 1 1 8% RWP 2 RWP W 2018 94,500.00 94,500.00 1 1 ( ) ( ) 1.0000 1.0000 94,500.00 94,500.00 RWP 2019 1 1 2020 1 1 8.00% 8.00% 2018 (%) 10% 10% 2019 ( ) 1.1000 1.1000 1 1 RWP 7,560.00 - RWP ( ) 8,316.00-86,940.00 94,500.00 ( ) 95,634.00 103,950.00 2019 (%) 5% 5% 2020 ( ) 1.1550 1.1550 1 1 RWP 6,955.20 7,560.00 RWP ( ) 8,033.26 8,731.80 79,984.80 86,940.00 RWP RWP X (PMO) RWP 03-2022 5000 www.publicmutual.com.my 6
Branches/Customer Service Centres WEST MALAYSIA Customer Service Centre Tel: 03-2022 5000 Mutual Gold Centre Tel: 03-2022 5000 1 Utama Shopping Centre Tel: 03-2022 5000 Alor Setar Tel: 04-7366 500 Fax: 04-7364 655 E-mail: aor@publicmutual.com.my Bangsar Tel: 03-2022 5000 Fax: 03-2283 5739 E-mail: klsl@publicmutual.com.my Batu Pahat Tel: 07-4363 500 Fax: 07-4326 588 E-mail: bpt@publicmutual.com.my Cheras Tel: 03-2022 5000 Fax: 03-9132 1022 E-mail: chr@publicmutual.com.my Damansara Perdana Tel: 03-2022 5000 Fax: 03-7722 2475 E-mail: dsp@publicmutual.com.my Ipoh Tel: 05-2462 500 Fax: 05-2559 859 E-mail: iph@publicmutual.com.my Johor Bahru Tel: 07-3607 500 Fax: 07-3548 600 E-mail: jhb@publicmutual.com.my Klang Tel: 03-2022 5000 Fax: 03-3323 5632 E-mail: kel@publicmutual.com.my Kluang Tel: 07-7391 500 Fax: 07-7736 195 E-mail: klg@publicmutual.com.my Kota Bharu Tel: 09-7263 500 Fax: 09-7476 026 E-mail: kbr@publicmutual.com.my Kuala Terengganu Tel: 09-6321 500 Fax: 09-6317 030 E-mail: ktg@publicmutual.com.my Kuantan Tel: 09-5118 500 Fax: 09-5161 223 E-mail: ktn@publicmutual.com.my Melaka Tel: 06-2855 500 Fax: 06-2837 354 E-mail: mlk@publicmutual.com.my Muar Tel: 06-9562 500 Fax: 06-9536 830 E-mail: mua@publicmutual.com.my Penang Tel: 04-2196 500 Fax: 04-2295 171 E-mail: pen@publicmutual.com.my Puchong Tel: 03-2022 5000 Fax: 03-8065 3010 E-mail: pch@publicmutual.com.my Seberang Perai Tel: 04-5407 500 Fax: 04-5050 005 E-mail: sbp@publicmutual.com.my Seremban Tel: 06-6372 500 Fax: 06-7644 237 E-mail: sbm@publicmutual.com.my Shah Alam Tel: 03-2022 5000 Fax: 03-5513 9288 E-mail: sal@publicmutual.com.my Sungai Petani Tel: 04-4558 500 Fax: 04-4230 663 E-mail: sgp@publicmutual.com.my Temerloh Tel: 09-2955 500 Fax: 09-2968 060 E-mail: tml@publicmutual.com.my EAST MALAYSIA Bintulu Tel: 086-859 500 Fax: 086-330 221 E-mail: btu@publicmutual.com.my Kota Kinabalu Tel: 088-327 500 Fax: 088-238 389 E-mail: bki@publicmutual.com.my Kuching Tel: 082-226 500 Fax: 082-239 825 E-mail: kch@publicmutual.com.my Miri Tel: 085-323 500 Fax: 085-416 195 E-mail: mri@publicmutual.com.my Sandakan Tel: 089-231 500 Fax: 089-222 889 E-mail: sdk@publicmutual.com.my Sibu Tel: 084-363 500 Fax: 084-330 269 E-mail: sbw@publicmutual.com.my Tawau Tel: 089-982 500 Fax: 089-765 326 E-mail: twu@publicmutual.com.my
HEAD OFFICE Menara Public Bank 2, No. 78, Jalan Raja Chulan, 50200 Kuala Lumpur. CUSTOMER SERVICE HOTLINE 03-2022 5000 TELEPHONE 03-2022 6800 FACSIMILE 03-2022 6900 WEBSITE www.publicmutual.com.my Follow us BRO111437-1111181 NOVEMBER 2018