Fees & Charges

There are fees and charges involved and you are advised to consider them before contributing to the scheme.

APAM’s Fees & Charges (where applicable)

• Sales Charge: Up to 3.00% of NAV per unit.
• Annual Management Fee:

AIA PAM – Conservative Fund	1% per annum of the NAV of the fund
AIA PAM – Moderate Fund AIA PAM – Growth Fund AIA PAM – Islamic Moderate Fund AIA PAM – Global Islamic Growth Fund	1.5% per annum of the NAV of the fund
AIA PAM – Dynamic Asia	1.8% per annum of the NAV of the fund

• Annual Scheme Trustee Fee: 0.04% per annum of the NAV of the fund.
• Transfer Fee (to other provider): RM25 per request.
• Switching Fee (between APAM funds): Free of Charge twice a year. Subsequent switching within the same year will be RM25 per request.
• Redemption Charge: Nil.
   

PPA’s Fees and Charges

• Account Opening Fees: RM10 charged once-off is waived.
• Annual Fees: RM8 charged yearly per Provider (not payable in the year the account was opened and in the year where there is no contribution).
• Admin Fees: 0.04% per annum of the funds’ NAV (charged to the funds).
• Transfer Fee: Rm25 per transaction (currently waived until further notice).
• Pre-Retirement Withdrawal Fee: RM25 per transaction (currently waived until further notice).
   

Note: Kindly refer to www.ppa.my for the latest applicable fees and charges.