Designate a new PeCDF/PeICDF account as your ERA account if you have not already done so and earn Mutual Gold Qualifying Points (MGQPs) before 1 July 2025!
The option to designate a new Public e-Cash Deposit Fund (PeCDF) / Public e-Islamic Cash Deposit Fund (PeICDF) account as an Emergency Reserve Account (ERA) via Public Mutual Online (PMO) or PMO PLUS will be discontinued effective 1 July 2025.
Following this change:
- You will no longer be able to designate a new PeCDF/PeICDF account as an ERA.
- New investments into existing ERA accounts will no longer be eligible for MGQPs.
- However, the MGQPs earned from investments into the ERA before 1 July 2025 will remain intact.
So capitalise on the remaining period to designate a new PeCDF/PeICDF account as your ERA account!
Note: Investors are entitled to 1 MGQP to every unit of PeCDF/PeICDF-ERA invested and will be subject to the maximum MGQPs eligible based on the investor’s status as stated below:
| Investor Status | Maximum MGQPs Eligible |
| Non-Mutual Gold | 30,000 |
| Mutual Gold | 50,000 |
| Mutual Gold Elite | 100,000 |
| Mutual Platinum | 500,000 |
Investors are advised to read and understand the contents of the Prospectus of Public e-Cash Deposit Fund and Prospectus of Public e-Islamic Cash Deposit Fund dated 28 August 2023 and the relevant funds’ Product Highlights Sheet (PHS) before investing. Investors should understand, compare and consider the risks, fees, charges and costs involved in investing in the fund. A copy of the Prospectus and PHS can be viewed at our website. Investors should make their own assessment of the merits and risks of the investment. If in doubt, investors should seek professional advice. Please refer to our website for our investment disclaimer.