Goods and Services Tax (GST)

We wish to inform that the Malaysian Government will implement the Goods and Services Tax (“GST”) at the rate of 6%, replacing the existing sales tax and service tax effective 1st April 2015.

Kindly be informed that under the GST regime, transaction fee such as sales charge, transfer fee, switching fee, exit fee of the Fund will be subjected to GST and is payable directly by the investors, unless stated otherwise. In addition, expenses charged to the Fund such as annual management fee and annual trustee fee will also be subjected to GST.

Please refer to the FAQs on GST for more information or visit the Royal Malaysian Customs Department website at www.gst.customs.gov.my.

For any enquiries, you may contact our customer service at 03-2783 0300 or alternatively you may email us at phillipmutual@poems.com.my