PM's PRS is not performing.  I did it first year then subsequent years buy into other funds.  You can top up into other funds directly via logging on to your own PPA account.  Try it.  Forget PM for this prs fund.

just went to BandarUtama Ambank ...quite lansi the Sales...

i asking if possible to put in RM900....then she said so far only do RM3K case...zzZzzz

dont even bother to check for me the min ...just said is 1K...

right now got promo... sales charge 1%

Ambank claim that Najib 2017 announcement on PRS incentive RM1K is not confirm 

Hi sifu here

I jz activated fsm account today. If I purchase fund via fsm before Friday, still can entitled tax release by 2016?
What fund modetate risk can suggest to me?

I think it's better to use FSM because of the 0% sales charge. The only downside is that you have to mail the forms to them. Just make sure you fill the forms correctly according to the samples they provided and attach the required documents, or they will call you a few days later and ask you to send them a new one again. This happened to me a few days ago because I filled the forms using blue ink, which is not allowed.

This 1 buy from FSM can claim income tax? How to proof when get audit?

Nobody knows, sorry.

Arguably, KWSP have been there for I donno how long. The government is there almost 50 over years.
Most of UTMC, company that sell Unit Trust is as old as 30 +- years.

What I'm afraid is they stop the relief and then all the fund providers stop proactively managing it because it's no longer profitable/no new funds coming in.

AIA funds in the past 3 years for PRS doing pretty well for the growth, moderate and conservative fund

Just get it for the income tax deduction

Am I defending a point here or am I even drawing any conclusion?

I'm merely just making a statement.  Get your facts right

I do not even know what kind of expectation others have for our fund. Nor did I engage them to find out what kind of % return are they looking for. Some people get 7% and still say it sucks. Even if 15% some still say sucks.

And before you start accusation just because I'm affiliated with a company. I am not even selling anything in here in the first place and how can that be even biased?

Please la if you are pissed and you want to start an argument, make sure you ask it in a nice way rather than poking in words like see your avatar, biased. Coming from an Elite tag is unacceptable.

As for whatever facts you want to read, all these info are available publicly in the Internet. It's not that hard to just Google up AIA PRS fund. And for now I do not have the time to entertain on proving whatsoever that AIA is better because that's not what I came here in the first place.

Thanks

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most of the fund I know are benchmark against invested equity market index, except some using annualized return benchmark.

for fair comparison, we should include the KLCI index as well, and here is what the number try to tell us:

FBM KLCI

-2.02%

8.02

1. if you (100%) invest in local stock market like KLCI index fund, after 3 yrs you get negative return with 8% volatility.
2. PRS core fund structure of equity/bond is designed such a way to reduce volatility and smooth out the longterm return through up-and-down cycle.
3. example core growth fund (70%) reduce volatility to 6%, yet get 5% positive annualized return.
4. you can choose to lower the volatility further to 5%, with core moderate fund (60%), still get 4% positive annualized return.
5. if you are at the end of your investment plan and going to cash out soon, core conservative fund (20%) will give lowest volatility of 2%, which give you the enhanced fixed income return of 3%.

PRS is design in a way that you still need have some DIY effort over the default core fund:
step 1. age before 40: core growth fund
step 2. age 40-50: core moderate fund
step 3. age after 50: core conservative fund

unless we have introduce "PRS core target date fund" which will auto the three steps for you.

Hi guys, newbie here have a noob question

Want to ask all master and sifu, will the distribution taken into consideration while choosing a fund?

TQ!

I saw CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity got many category
class C , class X, class A. What's the different between them? I read the descriptions all are identical.

So if i want to open PRS account, dont open it under Public Mutual?

Noob question, do we need to contribute each month?

Just wondering.

Option 1- PRS
If I opt for PRS, I only manage to get all my investment after 55. Since this is no guarantee income coz depend on market. I may end up loss the money after retirement.

Option 2-Non PRS
I buy the fund by using fundsupermart, and I can withdraw my money anytime after reaching my profit target and before the market is collapse (assume). In the event for emergency, I can withdraw money immediately.

Above situation assuming that I do not entitled any incentives with age above 30.

Please provide any input and share your opinion.

Can know that 3k of tax relief equal to?