How do unitholders accumulate MGQP?
Computation of Mutual Gold Qualifying Points (MGQP):
- RM1.00 worth of investment into equity and balanced funds is allotted 1 MGQP.
- MGQP are credited for switching and transfer in.
- MGQP are deducted for repurchase, switching out and transfer out.
- Investments into bond and money market funds, distribution reinvestment and unit splits are not entitled for MGQP.
For existing unitholders, all you have to do is top up your investments into equity and balanced funds to qualify and enjoy the privileges and benefits of a Mutual Gold Member!
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