Cz i saw can enroll ourselves online, easier . No need to go through an agent

So am I correct to say that for the first time buying a particular fund, we have to go thru either FSM or the bank to purchase it and then pay a sales fee if any.  And for subsequent years top-up via PPA online, we only pay a fee to PPA and nothing to the fund/bank?  Thanks.

i still can't buy new funds. only for new user?

i enrolled through FSM

seem like 'better' provider have highest sales charge of 3%
is it still okay to go with provider with 3% in the long run?

if every year 3% return only also just breakeven, if this goes on in the long run, you're better off putting your money in FD too.

ok fine, got a point. that one immediately got some few hundred bucks back in cash.

but don't forget also, you cannot withdraw the money until you're 55.

so assuming if the tax relief thing is only until 2020 and the gomen didnt extend the tax relief perk.

then your money is stuck in there for another dunno how many years.

let's throw in a scenario, if you're 30 this year and you can still qualify for the tax relief for the next 2 years.

assuming RM3k x 24% tax savings = RM720 per year x 2 = RM1440 for the next 2 years and no more after that.

then assume your fund is stuck inside until you're 55, means 55 - 32 = another 23 years to go.

assuming the fund only make 3%, or 4% which means you stand to gain 1% p.a. for the next 23 years.

wouldn't you be better off in the long run until 55, having your money in the FD with compounding effect than the tax savings + PRS?

i think i will continue, for i am now >55 yrs old.
if i buy CIMB Asia Pac PRS i pay 0%SC
if i buy CIMB Asia Pac ut i pay X.xx% SC

so still fsm the best for prs?

Anyone here DCA your PRS fund, eg 500 per 2 months, Or most people lump sum during red?
Previously I always lump sum buy 3000 to prs  in December
This year in this volatile market I plan to buy 1k each in the next three months..
any suggestion?

The only reason I haven’t DCA is because I’m waiting for FSM lump sum promotion for PRS during year end.

thanks for your reply but now performance is good is it the right time to buy?

Only good recently but falls back to red sea later how? 

the 0 charge usually somewhere available end of the year...hopefully they do it soon

I saw these 2 are performing quite well, any comment? worth investing?
AmPRS - Islamic Equity Fund - Class D
AmPRS - Islamic Balanced Fund - Class D

You should share which you bought in your PRS portfolio.

Buy and hold one PRS fund only. Others use unit trust or stashaway.

Thank you all for your prompt reply to my inquiry.
I will invest PRS because of tax relief and invest in the right fund to get better and make sure it's secure return.