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 Private Retirement Fund, What the hell is that??

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wan_109
post Dec 27 2016, 05:29 AM

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QUOTE(T231H @ Dec 27 2016, 01:01 AM)
doh.gif 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 thumbup.gif
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If just the syariah one right..haha forgot to mention laugh.gif
cklimm
post Dec 27 2016, 09:31 PM

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QUOTE(OPT @ Dec 15 2016, 12:25 PM)
Yeah...last time can see CIMB got promo 0% SC at certain CIMB branches. Still available?
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QUOTE(MiKE7LIM @ Dec 23 2016, 03:49 PM)
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  rclxub.gif
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QUOTE(laith @ Dec 23 2016, 10:12 PM)
Any PRS fund to recommend at this time, wish to purchase before ebd of this month for tax exemption.
*
A last minute update about PRS promo, Ambank has finally replied my promo inquiries 10 days after submission:

"Dear Lim,

First of all, thanks for your email enquiry about our AmPRS Funds.

Currently we also running a PRS campaign as below:

We are having a PRS Campaign from 15 Aug 2016 to 29 December 2016
ü RM20 Starbuck Card + RM30 movie vouchers , when you invest RM3,000
ü RM20 Free unit / RM20 Starbuck Card, when you invest RM1,000
ü 0% sales charge for you and your friends and family"

Too bad I had topped my PRS 7 days ago, those who aint buy anything, can refer to pauline-chia@ambankgroup.com


MiKE7LIM
post Dec 27 2016, 11:10 PM

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QUOTE(cklimm @ Dec 27 2016, 09:31 PM)
A last minute update about PRS promo, Ambank has finally replied my promo inquiries 10 days after submission:

"Dear Lim,
           
First of all, thanks for your email enquiry about our AmPRS Funds.

Currently we also running a PRS campaign as below:

We are having a PRS Campaign from 15 Aug 2016 to 29 December 2016
ü  RM20 Starbuck Card + RM30 movie vouchers , when you invest RM3,000
ü  RM20 Free unit / RM20 Starbuck Card, when you invest RM1,000
ü  0% sales charge for you and your friends and family"

Too bad I had topped my PRS 7 days ago, those who aint buy anything, can refer to pauline-chia@ambankgroup.com
*
thanks bro. she cover PJ area? thumbup.gif
cklimm
post Dec 28 2016, 12:09 AM

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QUOTE(MiKE7LIM @ Dec 27 2016, 11:10 PM)
thanks bro. she cover PJ area? thumbup.gif
*
not sure dude, send her a mail, said someone called Lim mentioned her
OPT
post Dec 28 2016, 09:41 AM

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QUOTE(cklimm @ Dec 27 2016, 09:31 PM)
A last minute update about PRS promo, Ambank has finally replied my promo inquiries 10 days after submission:

"Dear Lim,
           
First of all, thanks for your email enquiry about our AmPRS Funds.

Currently we also running a PRS campaign as below:

We are having a PRS Campaign from 15 Aug 2016 to 29 December 2016
ü  RM20 Starbuck Card + RM30 movie vouchers , when you invest RM3,000
ü  RM20 Free unit / RM20 Starbuck Card, when you invest RM1,000
ü  0% sales charge for you and your friends and family"

Too bad I had topped my PRS 7 days ago, those who aint buy anything, can refer to pauline-chia@ambankgroup.com
*
thumbup.gif

Too bad...some last minute assignments mean that I will miss the boat cry.gif
MiKE7LIM
post Dec 28 2016, 10:39 AM

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QUOTE(cklimm @ Dec 28 2016, 12:09 AM)
not sure dude, send her a mail, said someone called Lim mentioned her
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yaya..emailed her last night. prompt reply...
but waiting her call now.
she do cover klang valley. hopefully can done before 30/12...as i don't have ambank account now =,=ll
MiKE7LIM
post Dec 28 2016, 05:27 PM

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just signed RM900 amPRS with Pauline. nice and friendly lady.
next year only hit 1K. to enjoy 1K Govt incentive
SUSMNet
post Dec 28 2016, 09:32 PM

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What is the commission we need to pay if buy directly from ambank?
T231H
post Dec 28 2016, 09:41 PM

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QUOTE(MNet @ Dec 28 2016, 09:32 PM)
What is the commission we need to pay if buy directly from ambank?
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maybe tis?
https://www.aminvest.com/OurFunds/PRSFundsP...mPRSAPREITs.pdf



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ssl_lim
post Dec 28 2016, 11:21 PM

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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? smile.gif
low yat 82
post Dec 28 2016, 11:27 PM

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QUOTE(ssl_lim @ Dec 28 2016, 11:21 PM)
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? smile.gif
*
according to fsm, anythin b4 3pm is considered dat day transaction. but y wanna take d risk. jus do it now.

depends on ur risk profile. imho, oversea exposure prs is good so it bcome more diversified invest compare to epf
T231H
post Dec 29 2016, 02:02 AM

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QUOTE(low yat 82 @ Dec 28 2016, 11:27 PM)
according to fsm, anythin b4 3pm is considered dat day transaction. but y wanna take d risk. jus do it now.

depends on ur risk profile. imho, oversea exposure prs is good so it bcome more diversified invest compare to epf
*
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....

SUSDavid83
post Dec 29 2016, 08:17 AM

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QUOTE(ssl_lim @ Dec 28 2016, 11:21 PM)
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? smile.gif
*
To buy from FSM, there's a cut off time. It has been stated in the main page. Do refer accordingly.
As long as PPA captures the transaction, then you'll be entitled for the tax relief.
cklimm
post Dec 29 2016, 10:23 AM

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QUOTE(MiKE7LIM @ Dec 28 2016, 05:27 PM)
just signed RM900 amPRS with Pauline. nice and friendly lady.
next year only hit 1K. to enjoy 1K Govt incentive
*
Good strategy, did she confirmed the 1k gov incentive thingy?
zyrex_ho
post Dec 29 2016, 10:34 AM

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QUOTE(cklimm @ Dec 29 2016, 10:23 AM)
Good strategy, did she confirmed the 1k gov incentive thingy?
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I bought it from her 2 weeks back, I got her contact from my friend.
She told me that the 1k incentive next year is not confirm yet, have to wait till next year. It does not worth for me to enter 900 and wait for next year for 1k incentive in terms of tax relief, so i have enter 3k.
MiKE7LIM
post Dec 29 2016, 04:33 PM

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QUOTE(cklimm @ Dec 29 2016, 10:23 AM)
Good strategy, did she confirmed the 1k gov incentive thingy?
*
I didn't check with her on this..haha
Quite happy as I able place my desire portion in biggrin.gif


cklimm
post Dec 29 2016, 06:08 PM

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QUOTE(zyrex_ho @ Dec 29 2016, 10:34 AM)
I bought it from her 2 weeks back, I got her contact from my friend.
She told me that the 1k incentive next year is not confirm yet, have to wait till next year. It does not worth for me to enter 900 and wait for next year for 1k incentive in terms of tax relief, so i have enter 3k.
*
After all the positive comments, i am looking forward to meet her
SUSMNet
post Dec 29 2016, 07:50 PM

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QUOTE(T231H @ Dec 28 2016, 09:41 PM)
even with the freebies throw in, its not worth it.
xuzen
post Dec 30 2016, 02:16 PM

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Maxed out my PRS quota for 2016. Now I await my to do tax return in Apr 2017 in which to get my tax relief.
1tanmee
post Jan 1 2017, 11:47 PM

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Was made aware that the Govt is increasing the Youth Incentive Scheme from 500 to 1k. Any credible source for this?

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