thanks mate, been reading up fundsupermart...definitely something i should look into

can we have a table comparing all prs performance to date please?
bare in mind, an annualised figure would be more representative since some of them started early, and some late.
who's the best performer so far? i heard it's hwang by miles. anybody can verify?

I attach fund NAV from PPA websites.
Since the fund juz start ages less than 2 year, you can used current NAV to recalculated the performance since launch.
I didnt hv their annualy performance result.


Attached File(s)
 PRS_fund_performance.doc ( 112k ) Number of downloads: 216

wah seems like rhb not bad wor.
hwang also steady.
pb like turtle.
cimb and am jialat.

good attachment.....just don't forget the funds that did give distribution/dividends...their NAV may drops.

Ya, Hwang PRS gave distribution 1 month back

Is the *rough* calculation in the excel file correct?
with the following assumption:
- no growth
- using Hwang Growth fund as base

p/s: dun shoot me if it's totally wrong. i am still considering this PRS, just thinking what does the tax relief really mean to me




Attached thumbnail(s)

Any good agents from Hwang to recommend? Or can I log in & buy online via PPA website?

fundsupermart.com
according to some forummers

You can go through financial planning firm like Standard Financial Firm Sdn Bhd, VKA Wealth Planners Sdn Bhd or Great Vision Planner Sdn Bhd, etc or if you like to DIY, then Fundsupermart would be an alternative.

Hwang is not like Public Mutual... their agency force is very small. They mainly go through their appointed distributors like those I mentioned above.

Xuzen

BTW, a little Johnny come lately has entered into the fray. Kenanga aka "I bought ING fund management, yeah yeah" has used a short cut to enter into this potential lucrative market.

I hope they too offer zero percent sales charge and 1% Anuual Management fee. I hope they will use passive investment strategy by using the Fund of Funds method to keep cost low.

Xuzen

This post has been edited by xuzen: Sep 12 2013, 10:43 AM

http://www.youtube.com/watch?v=hSQcqSeBC3k

Astro Awani interview CEO of Manulife Asset Management (one of the licensed operator of PRS).


Xuzen

dear all, can we buy company A PRS Growth Fund RM1k , PRS Moderate Fund RM1K, Conservative Fund RM1k?
or
Company A PRS Growth Fund RM1k
Company B PRS Growth Fund RM1k
Company C PRS Growth Fund RM1k?
then next year, buy
Company D PRS Growth Fund RM1k
Company E PRS Growth Fund RM1k
Company F PRS Growth Fund RM1k?

my objective is just to get the tax relief up to RM3,000 each year but hope to have the protection of the capital

This post has been edited by asiatrader98: Sep 12 2013, 03:54 PM

Oh i see, thanks.

It it compulsory to go thru agents for any of those PRS providers? Can I do it online & buy it myself via my PPA account?

Currently you cant. Alot form need to fill up that not availble online. Require few parties to do so.

Furthermore PPA administration done by India Deuthce Bank.

All the form fillup data entry at there include IC verification and scanning to PPA system.

PPA online is a read only platform at this moment in time. You still need to go to individual operators to do the buy in.

Xuzen

hwang have full time staff you guys can go directly to them for PRS

I am agree with your calculation 100%. Can any one can share your view here?

Huang Investment recently bought over by Affin???? Any chance those fund managers will jump ship? Hwang still bankable?

Hi,
May I know what is advisable way to buy a fund for eg hwang aiiman growth fund if let say i have 3K to invest. My main aim is to reduce income tax.