You will need to open a unit trust investment account with PMB before you can transact. There are 2 ways to open a unit trust investment account with us. The procedures are similar when for Phillip Mutual Bhd’s house funds and 3rd party funds distributed by Phillip Mutual Bhd.

You may complete a Fund Master Form which is available at Phillip Mutual Berhad’s business office or from our unit trust consultant. Alternatively, you may download a copy of the Fund Master Form. To download the Form, simply click on 'Account Opening' tab and select 'Download Fund Master Form (PMB)' or 'Download Fund Master Form (IUTA)'.

i)   For Individual Applicant
      a)   Malaysian – copy of NRIC
      b)   Foreigner – copy of passport

ii)   Joint Applicant
      a)   Malaysian – copy of NRIC
      b)   Foreigner – copy of passport
      c)   Below 18 years old - Copy of Birth Certificate

iii)   Corporate Applicant (Malaysian Company , Foreign Company, Partnership, Sole Proprietor, Society / Trust)
      a)   Certified true copy of the following document must be sent to PMB office
      b)   Certificate of Incorporation
      c)   Form 24, Form 44 & Form 49
      d)   Memorandum and Articles of Association or Constitution or by-laws
      e)   Company Board of Directors Resolution
      f)   Specimen signatures of authorized signatories
      g)   Photocopy of NRIC of authorized signatories

You may send your duly executed Fund Master Form together with the supporting documents by post or by hand or through your servicing unit trust consultant to the following business address:
      Phillip Mutual Berhad
      B-2-7 Megan Avenue II
      No. 12 Jalan Yap Kwan Seng
      50450 Kuala Lumpur

You may click on the tab for “Account Opening” and choose whether to open account for "Individual", "Joint" or "Corporate" and follow the steps as displayed on the screen.

For Individual Applicant, you may attach the softcopy of supporting documents by following the instruction on the screen. Alternatively, you may send the original supporting documents by post or by hand to the business address or through your servicing unit trust consultant. For Corporate Applicant, you must send the certified true copies of the supporting documents by post or by hand to the business address below or through the servicing unit trust consultant.
      Phillip Mutual Berhad
      B-2-7 Megan Avenue II
      No. 12 Jalan Yap Kwan Seng
      50450 Kuala Lumpur

Simply follow the steps as stated on the procedure for Account Opening, select either via conventional way or via online application. We will process your application and once you have received your user ID and password from us in a separate pin mailer, you may activate your Online Account and login to our website and start the online transactions.

Should you have futher enquiries, please do not hesitate to contact our Client Services personnel at 603 2783 0200.

You need to open an account for online transaction with us. After we have processed your application, we will send a pin mailer for your User ID and Password. You will need to activate your account by login and change your User ID and Password. To buy unit trust fund online, you will have to login to eUnittrust and You may click on 'Transaction' tab and select 'Unit Trust - Buy'. A “4 Steps to Buy” screen will appear.

Step 1 (Fund Selection) – Select Fund Manager and Fund Name from drop down list.
Confirm that you have read and understood the Prospectus, Terms & Conditions, Unit Trust Loan Disclosure Statement and Client Declaration and click 'Next'.
Step 2 (Payment Amount) – Key in Investment Amount and click ‘Next’.
Step 3 (Transaction Verification) – Verify transaction details and click ‘Next’ if all details are accurate.
Step 4 (Transaction Confirmation) – Tick the check box and key in password to confirm the transaction.

If the transaction is successful, a 'Transaction - Buy Confirmation Receipt page will be displayed automatically. Click 'OK' to proceed. Click 'Print' to print a copy and click 'Save' to save a copy for record. Units will be purchased at the Net Asset Value per unit of the Fund calculated at the end of the Business Day on which the request is received by Phillip Mutual Berhad (before Cut-Off time of the respective Funds). We will process your investment upon receipt of payment. A confirmation statement indicating the number of units bought and the unit price will be sent to you within 5 business day.

If the investors want to effect the buy or sell transaction based on the price at the end of the Business Day where he/she effect the transaction, the transaction must be executed online before the following cut-off time :

For Lump Sum investment, you may directly bank in your payment into our bank account, telegraphic transfer or Internet Banking. Proof of payment must reach us before the cut-off time of the respective unit trust funds.

Payment can be deposited directly into our bank account as stated below at any Malayan Banking Bhd branches. A copy of the Deposit Slip (or any form of proof of payment) must be faxed or email to us

Payment for postal application should be made by cheque only.

Cheques must be drawn in Ringgit Malaysia (RM), crossed and made payable to "Phillip Mutual Berhad". Post-dated cheques will not be accepted.

Payment by outstation cheques should include bank commission charges.

Please note that the instruction to purchase Units will be executed on the date on which the payment (or proof of payment) are received or are deemed to have been received by us.

Telegraphic transfer should be in favour of Phillip Mutual Bhd as per the following bank details.

A copy of the TT Slip must be faxed or email to us.

Please note that the instruction to purchase Units will be executed on the date on which the payment (or proof of payment) are received or are deemed to have been received by us.

Via Our MEPS FPX

Account Name	:	PHILLIP MUTUAL BHD
Account Number	:	514011-379755
Bank Name	:	Malayan Banking Bhd

You may click on 'Transaction' tab and select 'Unit Trust - Sell'. A “3 Steps to Sell” screen will appear.

Step 1 (Fund Selection) – Select the Fund to sell and click ‘Next’.
Step 2 (Redemption Units) – Key in units to redeem, then click ‘Next’.
Step 3 (Transaction Confirmation) – Verify transaction details and key in password to confirm the transaction.

If the transaction is successful, a 'Transaction - Sell Confirmation Receipt' page will be displayed automatically Click 'OK' to proceed. Click 'Print' to print a copy and click 'Save' to save a copy for record. Units will be redeemed at the Net Asset Value per unit of the Fund calculated at the end of the Business Day of the respective funds on which the request is received by Phillip Mutual Berhad . We will process your redemption within 5 Business Days. Your will receive your payment cheque via mail or you may instruct us to bank in the cheque into your bank account by providing your account details to us. There is no redemption charge for Phillip Mutual Bhd’s house funds. For 3rd party funds distributed by Phillip Mutual Bhd, kindly refer to the respective Prospectus of the Funds for further details on redemption charges.

Should you have futher enquiries, please do not hesitate to contact our Client Services personnel at 603 2783 0200.

You may click on 'Transaction' tab and select 'Unit Trust - Switch'. A “4 Steps to Switch” screen will appear.

Step 1 (Fund Selection - Switch Out) – Select the Fund to switch out and click ‘Next’.
Step 2 (Fund Selection - Switch In) – Select Fund to switch in from the drop down list
Confirm that you have read and understood the Prospectus, Terms & Conditions, Unit Trust Loan Disclosure Statement and Client Declaration and click 'Next'.
Step 3 (Payment Amount) – Key in units to switch and click 'Next'.
Step 4 (Order Confirmation) – Verify transaction details and key in password to confirm the transaction. If the transaction is successful, a 'Transaction - Switch Confirmation Receipt' page will be displayed automatically.Click 'Print' to print a copy and click 'Save' to save a copy for record. For Phillip Mutual Bhd’s house funds, the details on switching fee are as follows :

There is no limit to the frequency of switching. If the original funds are Phillip Master Equity Growth Fund and the Phillip Master First Ethical Fund, no switching fees will be charged. Where the original fund is the Phillip Master Money Market Fund, units switched shall be subject to an additional fee equal to the difference between the sales charge originally imposed and the sales charge of the new fund.

For 3rd party funds distributed by Phillip Mutual Bhd, they are 2 types of switching:
a) To funds from the same UTMC. This switching is at NO COST.
b) To funds from different UTMC. For this type of switching, you will incur minimal sales charge as imposed by the UTMC.

Should you have futher enquiries, please do not hesitate to contact our Client Services personnel at 603 2783 0200.

There are two type of transfer

External transfer means that you can transfer unit trust that you bought with cash or EPF from other fund houses or distributors into eunittrust.com.my. The external transfer is free of charge. You can only transfer funds that are available on our platform eunittrust.com.my.

Internal transfer, on the other hand, involves the transfer of unit trust from your eunittrust.com.my account into their beneficiary eunittrust.com.my account. A transfer fee of RM20.00 will be charged for any request to transfer units. The transferor and transferee should be an existing investor with us. If not, the said investor is required to open a Unit Trust Investment Account with us.

You need to already have an account with us. To do external transfer, go to transaction -> unit trust -> external transfer. Fill in the details, sign and post the document to the address below:
        Phillip Mutual Berhad
        B-2-7 Megan Avenue II,
        No.12 Jalan Yap Kwan Seng,
        50450 Kuala Lumpur.

You need to already have an account with us. To do internal transfer, go to transaction -> unit trust -> internal transfer. There are two forms for you to fill in. First is the internal transfer form, and second is the UTMC transfer form. Download both forms, fill in the details, sign and post the documents to the address below:
        Phillip Mutual Berhad
        B-2-7 Megan Avenue II,
        No.12 Jalan Yap Kwan Seng,
        50450 Kuala Lumpur.

Should you have futher enquiries, please do not hesitate to contact our Client Services personnel at 603 2783 0200.

The Cooling-Off right refers to the right of the investor to obtain a refund if he should change his mind about an investment he has made in any of the Funds if he so requests within the cooling-off period i.e. within six (6) Business Days of the date of his application. A Cooling-Off right is only given to an investor, other than those listed below, who is investing in any of the unit trust funds for the first time for each Unit Trust Management Company:

a) A corporation or institution.
b) A staff of Phillip Mutual Bhd.
c) Persons registered to deal in unit trusts of Phillip Mutual Bhd.

You may click the 'Transaction’ menu on the main menu bar, then select 'Transaction Status - Processed Transactions'. Select the transaction to cool off and click 'Cooling Off Transaction' button. You will be required to enter your password to confirm the transaction. If the transaction is successful, a 'Transaction - Cooling Off Confirmation Receipt' page will be displayed automatically. Click 'OK' to proceed. Click 'Print' to print a copy and click 'Save' to save a copy for record. We will process your Cooling-Off request within 5 Business Days. Your will receive your payment cheque via mail or you may instruct us to bank in the cheque into your bank account by providing your account details to us. The refunds for every Unit held would be based on:

a) the NAV per Unit on the day the unit were first purchase;
b) the Sales Charge per Unit originally imposed on the day the Units were purchased.

Should you have futher enquiries, please do not hesitate to contact our Client Services personnel at 603 2783 0200