Yes. After comparing 2 popular equity funds and a popular bond fund in the PRS limited selections, the risk is not justified for the reward.
Many active funds statistically hardly beat the market for many years consecutively.
Pretty common they're very very good for few years, but lost all in 1-2 years.
Given these funds consists less than 100 holdings, each holding rise or fall will give you worse or better returns comparing the World Index (close to US Index)
And star fund managers come and go, who will determine the performance.
Also, very high annual fee.

Sure, there are some very successful active funds for many decades, notably WB's BRK.
But how many WB in 8 billion people?
Recently, ARK funds too very hot (but still a very young fund).

I couldn't find broad-base passive fund in PRS.
But the tax relief is worth it.
If there is one (equity or bond), I will just invest into it.
Now, is it just choosing the most suitable among the worst.
Like voting for BN or Harapan 
I currently will go for the bond fund, lower risk, lower return but stable.
I revise my strategy once a year, but most probably stick.
Low expanse ratio, broad-base passive index funds or ETFs.
Avoid over-weighted to home country.
For example VT, VTI or equivalent.
Still can get minimum annualised 8% for past decades.

Decided an asset allocation that delivers solid returns and allows me to sleep at night, and then forget about it!
I will better put all focus on my active income, i.e. business or salary.

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.

If PRS extend to 2025, and after that people will start dumping their PRS.
Will the price of PRS collapse?

that's y i clear out account B as permitted by the gov for covid

definitely no less than u. but i think im better of investing my prs elsewhere if allowed (btw allowed under gov initiative). heck even cash in hand better than stuck in prs for the next 30 years or so.

the only reason, the one and only reason to invest in prs is tax relief. otherwise, do take out whatever money inside (without penalty) if possible.

Just wondering why are most people invested into "Principal PRS Plus Asia Pacific Ex Japan Equity" ? Is it because it has more consistent returns over many years?
Because I noticed that for example, "Public Mutual PRS Islamic Strategic Equity Fund" seems to have higher returns based on recent data.

hello sifu's here ...
i just realize my contribution is higher than what i have right now. meaning my portfolio is in red now

can we select the REITs we want to invest in?
I saw mine under AMPRS-Asia Pacific REITs (Class I)

PLEASE read the fund fact sheet first, those conservative/mod/growth funds seem to be really small in size and don't perform as well as those pure equities one.

If you are still young and won't touch the money for 30 years, consider the pure equities one like Principal Asia ex Japan Equities.

Lemme correct it, even with tax relief at tax bracket 24%, there is a solid chance PRS will underperform StashAway or VTI/VXUS ETFs.

Malaysia mutual funds are awkward, they are kinda manual gear with no need to press clutch, we need to know which funds to pick. There is no target date fund or broad market fund (that invests in ALL investable stocks in KLSE), so the funds hole < 100 positions and we kena manually read up on macro econ trends and switch funds, or get rekt later on. 

Ramjade

This year, do you plan to invest RM 3000 into Principal PRS Plus Asia Pacific Ex-Japan Equity - Class C, or any PRS funds such as Affin Hwang PRS Growth Fund, AmPRS – Asia Pacific REITs and so on?

Thank you very much for sharing your opinion.

14% only the 1st year. In the subsequent years, their expenses can be higher than advertised expense ratio, eating into our return and nullifying even a 24% tax deduction.
Same, my Principal AAXJ class C been doing great, but it underperformed KWEB ETF still.

I think lah, if they put stashaway, wahed, akrunow etc into PRS, the fund houses really can ciao ady. Mutual funds are still manual driving, the buyer needs to know which asset class in which geographical location, which market is undervalued, Shiller PE ratio etc before buying it. Also, the fund manager cannot express their views to achieve an investment goals, they can only cherry pick securities to go into the mutual funds.

Ramjade

Thanks for your reply.

Since you said that Principal PRS Plus Asia Pacific Ex-Japan Equity - Class C has been underperforming in comparison with Affin Hwang PRS Growth Fund, why don't you invest in Affin Hwang PRS Growth Fund, for this year?
The general idea is to stick with just one PRS fund for the same calendar year. However, we may invest in different PRS fund in another year, if that PRS fund is better than the PRS fund in which we invested during previous year.
Yes, for sure, as long as the government provides tax relief for PRS, we will invest in PRS. Without the tax relief, we will divert our fund to other investments.

Guys I'm new to this, need your advice.

- what documents / proofs are required for the tax relief purpose. Will the annual statement from PRS web be sufficient.
- i briefly read through the forum. Do we need to deposit 3k annually to benefit from the tax relief ? or depositing 3k once into the funds will be sufficient to entitle for tax relief for the following years.

Thanks.

Hi , anyone invest this fund in FSM ?

Principal PRS Plus Asia Pacific Ex Japan Equity

Is it give good returns so far ?

Is it worth to buy now?

Which market the fundhouse focus?

Boss, I biasa just top up via PRS portal around Nov/early Dec - ok ka macam ini?    No idea if market is red or blue or green at that time.   What do you think I should do better?   BTW, my investment is usually 3k saja.

Thanks.. i was thinking whether i should engage with Affin Hwang's PRS. A lot of other PRS outside as well. what do you guys think?

For Affin Hwang, it seems like they have zero sales charge and their growth and moderate is not bad. Anyone here engaged with Affin?

true that for the 1.8%. Which other PRS charge is lower?

Thanks guys. I wonder which one you select because there are too many. Lol

you bought 3 separately? do you use PPA online?

I tried to use PPA to open my PRS account. I want to ask if I want to deposit via online. They will charge me for admin fee?

Topping up thru FSM will still incur RM 8 annual admin fee.