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Private Retirement Fund, What the hell is that??
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GrumpyNooby
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 Nov 18 2020, 10:19 AM
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QUOTE(kafechew @ Nov 18 2020, 10:16 AM) Thanks for your clarification. Do FSM charge RM 0.50 per transaction for existing or new fund like PPA direct topup did? I did have insurance and i-EPF (no longer now) through FSM, no the transaction charge. But not sure about UT or PRS funds from FSM. No. FSM doesn't charge 50 sen for FPX. |
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GrumpyNooby
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Nov 18 2020, 11:00 AM
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QUOTE(ggcyk @ Nov 18 2020, 10:59 AM) Hi, just want to have clearer pictures on the RM8 annual fee... What if this year I open a PPA account to invest in Fund A, then later by end of this year invest in Fund B (different provider)? Will I be charged RM8 for the second fund? or both Funds's annual fee will be waived? You're be charged twice if you do that on the same calendar year. They're managing this at PRS provider level not at PPA level. |
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GrumpyNooby
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Nov 18 2020, 11:37 AM
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QUOTE(ggcyk @ Nov 18 2020, 11:15 AM) Oh, so even if I register for the 1st time for PPA account, I will still be charged RM8 annual fee for only 1 fund? or only will double charge RM8 if I invest 2 or more funds? QUOTE(ironman16 @ Nov 18 2020, 11:19 AM) first year RM8 was waived for each fund house(wait Grumpy verified,  ) example, this year i buy affin PRS moderate fund, rm8 waived next year i buy principal PRS moderate fund, rm8 waived coming year i buy again affin PRS Growth/ moderate fund, rm8 will be charge I'm not sure how are they going this for 1st time PPA account registration. Sorry about this. What I know is that PRS provider is deducting and collecting the fee on behalf of PPA. |
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GrumpyNooby
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Nov 18 2020, 01:51 PM
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PPA office moved!  |
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GrumpyNooby
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Nov 18 2020, 03:16 PM
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QUOTE(ggcyk @ Nov 18 2020, 03:11 PM) Thank you for your input. Yes. But when registering for PPA account, I can only choose 1 fund from 1 fund house, right? Say, next month I decided to buy another fund from another fund house through FSM, will I be charged the RM8? Why not use Live Chat and ask FSM CS? |
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GrumpyNooby
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Nov 18 2020, 04:16 PM
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QUOTE(MUM @ Nov 18 2020, 04:05 PM) IF, the amount of money in my PRS is insignificants in relation to my net worth. i will just place my PRS funds to complements my UT portfolios That's exactly the point since most of us are barely contributing for barely minimum amount for the sake of tax relief. |
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GrumpyNooby
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Nov 20 2020, 04:52 PM
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QUOTE(ironman16 @ Nov 20 2020, 04:52 PM) Should be Principal PRS Plus Asia ex Japan Fund. |
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GrumpyNooby
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Nov 20 2020, 04:56 PM
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QUOTE(ironman16 @ Nov 20 2020, 04:54 PM) AAXJ - iShares MSCI All Country Asia ex Japan ETF mcm bukan le I monitor that fund NAV on daily basis. Now is hovering at 1.2xxx This post has been edited by GrumpyNooby: Nov 20 2020, 04:57 PM |
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GrumpyNooby
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Nov 20 2020, 05:04 PM
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QUOTE(ironman16 @ Nov 20 2020, 05:02 PM) ATH oledi ??? or still up up? u got buy? ATH at 11/9/2020 -1.2228 |
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GrumpyNooby
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Nov 20 2020, 05:06 PM
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QUOTE(ironman16 @ Nov 20 2020, 05:05 PM) mcm tengah rally lagi o......tak turun....u wanna buy ha? This year I topped up into Kenanga PRS fund. |
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GrumpyNooby
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Nov 20 2020, 05:11 PM
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Who want to have best dream? Let's dream with her! PRS Webinar with RHB: The Best Retirement Plans, Comes with the Best Dreams Event link: https://www.fsmone.com.my/funds/research/ar...Insurance=falseRegistration link: https://www.fundsupermart.com.my/main/home/...d=Evt2011200001 |
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GrumpyNooby
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Nov 20 2020, 06:52 PM
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QUOTE(ironman16 @ Nov 20 2020, 06:50 PM) Growth fund? Last time in my shortlist, but when itu kenanga growth pancit sikit, kick oledi. Still figure next year go in which???? 😁😁😁😁 Shariah Conservative Fund. Waiting for opportunity to switch back to Growth Fund. |
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GrumpyNooby
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Nov 20 2020, 07:08 PM
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QUOTE(ironman16 @ Nov 20 2020, 07:05 PM) One year can switch one time only? Hope ur wish come true, i also waiting Seems like no restriction for switching except for Principal and Manulife: 8. Can I switch my PRS funds? Can I switch my PRS funds to a different fund house? Yes, you can switch within same fund house and between different fund houses. You may login into your investment account and click on Funds >> Transactions >> Sell/Switch to execute the switching transaction. There is no switching fee and also no restriction to the number of switching transactions EXCEPT for the following fund houses: •CIMB Principal Asset Management - 12 times free switch per calendar year (one time switching per month) •Manulife Asset Management Services Berhad - 12 times free switch per calendar year https://www.fsmone.com.my/support/frequentl...tions?faq=Funds |
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GrumpyNooby
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Nov 23 2020, 08:21 PM
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QUOTE(ironman16 @ Nov 23 2020, 08:20 PM) You hold shares in Pos Malaysia?  |
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GrumpyNooby
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Nov 24 2020, 07:46 PM
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QUOTE(!@#$%^ @ Nov 24 2020, 07:45 PM) How is this better than AmAsia Pacific REIT? |
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GrumpyNooby
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Nov 24 2020, 07:51 PM
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QUOTE(!@#$%^ @ Nov 24 2020, 07:50 PM) i already have that. further diversification since this is super long term 20-30 years for me. Saving RM 8 PPA fee for buying a new fund from another PRS provider? |
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GrumpyNooby
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Nov 25 2020, 06:54 AM
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QUOTE(ironman16 @ Nov 25 2020, 02:01 AM) PRS REIT not high, now very low.... U wan? So you're promoting REITS now? |
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GrumpyNooby
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Nov 25 2020, 10:00 AM
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Principal PRS Plus Asia Pacific Ex Japan Equity - Class C hit ATH again based on NAV of 1.2361 (23/11/2020)
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GrumpyNooby
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Nov 25 2020, 10:15 AM
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QUOTE(ironman16 @ Nov 25 2020, 10:13 AM) same though like me.......i will lock it for 20 years......  if equity Reits, tangan ichy la.....selalu cabut Where you bought your AmAsia REIT PRS from? FSM One? This post has been edited by GrumpyNooby: Nov 25 2020, 10:15 AM |
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GrumpyNooby
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Nov 25 2020, 10:17 AM
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QUOTE(ironman16 @ Nov 25 2020, 10:16 AM) yes bro.... Need to submit/mail in the documents physically to their HQ at KL? This post has been edited by GrumpyNooby: Nov 25 2020, 10:17 AM |
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