then I guess, it is not the person who managed the fund.....for usually, layman like me have not direct contact with the fund manager (person who managed the fund)

then I guess again, because your "adviser" would have a bigger commission (5.5%) from your purchase of Kenanga Growth fund.....if you buy that instead of 0% commission if you buy One PRS funds.

"
I guess it is "also" a good thing for this...where you cannot buy into One PRS....for if you mean the "Youth incentives thing" (money from govt)....
if you bought RM 1000 this year,...you will get only RM 500, else if you buy RM1000 in 2017, you will get RM 1000

yes, Kenanga Growth got no holding period condition....except I guess, for the 1st one or 2 days after you bought it, for the holdings are just not yet reflected in your account yet.

Are you ok if the value shows lost of 20% or more from the invested amount?
If ok....no problem....then may i suggest you cont to top up.....
Else if not ok.....may i suggest you leave it there..don't top up.
But if you are hesistate.....some would says just do top up to average down the price cos PRS is for long term.

how long?.....till your retirement age.....
unless, you're ok to pay hefty withdrawal fees on part of the invested amount...

http://www.ppa.my/prs/about-prs/prs-scheme-features/
http://www.ppa.my/prs/prs-faqs/

unknown to what suits you.....
unable to recommends.
but if you wanted it to be based on performance....try this...
http://www.ppa.my/getting-started/funds-re...nd-performance/

with the same FSM rating....


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you have Asia pac, Kgf....try Reits also using PRS...

yes, that is true,...other than the Sales charges, there are many more charges too...most of it canNOT be felt by the investor as it had been reflected in the daily NAVs.
cannot feel it does not mean they are not there....in bad or good times,..they are there

Investment Guide: Beware Of These Investment Costs And Charges
http://litefm.com.my/Mobile/Features/Lifes...nvestment-Costs

the Govt got announce PRS no sales charges-meh?

this official site did not mention no sales charges....
Fees/charges
For fees and charges on switching and transfer, please refer to the Providers page of this website under Fees and Charges. Transferor Providers’ fees (which include transfer fees and redemption charge, where applicable) will need to be deducted from sub-account A of the Transferor Fund(s). For transfer from one or more funds, Transferor Providers’ transfer fees must be apportioned equally depending on the number of funds. For example, if there are transfer request from two funds, the transfer fee of RM50 is to be charged RM25 for each fund.

http://www.ppa.my/prs/about-prs/prs-scheme-features/

Fsm my offer 0% sc on prs funds purchases....it got a lists of funds there....PM prs funds is at 3%....can buy from pm

This post has been edited by T231H: Dec 26 2016, 05:20 AM

there is a better horse from the same stable....which is better than your mentioned CIMB Islamic Prs Plus Asia Pacific Ex Japan Equity
est > 35% since Nov 2013

This post has been edited by T231H: Dec 27 2016, 01:03 AM


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maybe tis?
https://www.aminvest.com/OurFunds/PRSFundsP...mPRSAPREITs.pdf



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abit correction...
Q: What is the transaction cut-off time for PRS?

A: Your orders will be processed on the same business day if all the required documents and payments are received before 3pm.
If the documents and payments are received after 3pm or on a non business day, orders will be processed on the next business day.

* Except PRS funds under the management of CIMB Principal Asset Management Berhad, AIA Pension and Asset Management Sdn. Bhd and Manulife Asset Management Service Berhad, whereby the PRS transaction cut off time is at 11am on every business day.

https://www.fundsupermart.com.my/main/faq/1...me-PRS--8865#13

most probably if he were to do it on 30 Dec...he is not able to get the tax relief this year....
b'cos FSM did posted on the website that abt year end PRS cut off time and date......further more if he is new, need to get the PPA a/c too....

Thanks for the updates....
surely appreciated by all.

So technically if the annual return is 2%, then the actual return would be lesser. Is my understanding correct?
NO...your understanding is wrong...
if the annual return is 2%...you get 2% returns
the mgmt fees and other fees are already reflected in the NAVs....and these NAVs is where you had take to make calculation to determine the gain/loss

on this "Plus, the fees and charges would be incurred, whether or not the investment is making +return."
YES.
you need to pay for the expenses for the operation/mgmt. of your investment.



This post has been edited by T231H: Jan 20 2017, 09:58 PM

while waiting for responses,
you may try read this and its links if you want

Selecting PRS Providers & Funds
You may choose to contribute to one or more PRS Provider. Under each PRS Provider, you can further choose to invest into one or more funds by either contributing based on the default option (age-based selection) or select a fund based on your preferred choice.
http://www.ppa.my/getting-started/investin...roviders-funds/

unknown to what is your definition of "best"
I can just direct you...
if you looking for performance.....try this?

(for all funds)
http://gllt.morningstar.com/e6qvxuu98r/fun...B&tab=ShortTerm

(for non PM funds)
https://www.fundsupermart.com.my/main/resea...mber-2016--7772

read this?
http://www.ppa.my/prs/about-prs/prs-scheme-features/

if you are referring to their fund's performance, you can it from

http://www.ppa.my/providers/funds-informat...nd-performance/

http://gllt.morningstar.com/e6qvxuu98r/fun...B&tab=ShortTerm

goto FSM MY
click FUNDS SELECTOR
select PRS PROVIDERS
in the list of PRS funds.....select FUNDS INFO TABLE tab

they have the RSP minimum amount listed.