"CIMB Islamic PRS Plus Asia Pacific Ex Japan Equity - Class C".
according to the product highlight sheet....
this fund is not expected to pay any distribution
https://www.fundsupermart.com.my/main/admin...ceMYCIPRS5C.pdf

How to know the fund performance?
see this....
https://www.fundsupermart.com.my/main/fundi...ass-C-MYCIPRS5C

It is so bad that no dividend for PRS fund I selected?
for UT funds (PRS fund is also UT)...dividend distribution make no impact to the value of your holding....
it is sort of Left hand out, right hand in

Not every fund declares dividends and that includes PRS and normal UT. And again, whether a fund distribute dividends or not, it should not affect a fund's performance. Distribution / dividend in unit trust is a marketing gimmick to make the investors to perceived as if they earn X amount of money on top of their capital appreciation.

But in fact, declaring dividend / distribution means: Fund house take out money from your unit trusts and say they declare x amount of dividend, and hold your money for awhile for processing, and then buy back the dividend amount into the unit trust.

So let say this unit trust worth RM100 mil, and they declare dividend of 1%. Meaning they will withdraw RM1mil from your RM100 mil, and hold it, then later on they add back RM0.99mil (after processing fees deducted) into your fund. In fact, this unit trust now worth lesser and become RM99.99 mil. (Assuming the NAV does not change).

This act almost adds no value to you. And on top of that it has processing fee and your value will be slightly reduced in this distribution / declaration process.

Would it make any difference if I put one lum sum of rm3k instead of monthly rm250 into prs? What are the advantages and disadvantages?

Difference is timing. If you put in lump sum of RM3k and market tank, your whole RM3k affected. By spreading out your RM3k into smaller pieces, you sort of get the average price

found this on google....
hope it can shed some lights....or gives added info
https://www.google.com/search?source=hp&ei=...1.0.NxzHh5qJagc

But then still it is DCA method, different is DCA monthly or DCA yearly right?

since is to keep the $ roll until age 56, will have huge different?

Could also be vca, pump in when market down. Hold when market goes up.

Yes could make difference. Read one article about example of investing in STI at different time line. Both gave different returns.

cimb prs memang no dividend one... so if the price drop, then thats it.
i always tell my friends that the prs not necessary profit at the end as the price might go down

Since no dividend, any advise how to "lock" the profit? it is damn long term investment.

funny.. 'PRS no dividend = bad'

bought into something & yet dunno left pocket / right pocket of mutual funds / unit trusts issuing distribution (not dividends) = zero sum game..

Enlightenment can be found.
a. Here: https://forum.lowyat.net/topic/4193169

b. Search for: 3. Common misconceptions about unit trust dividends/distributions:

You do know dividend in unit trust is just marketing gimmick right? It does nothing. Left pocket exit, enter right pocket.

Have 2 PRS. One bond fund one equities. When you think hell gonna break lose, switch over to bond fund before it happens. Another alternative is buy more when market is red. Also it's until 2021, if after that no more tax releif, no need to pay attention to PRS anymore

I understood dividened is market gimmick, left hand to right hand. just wonder says our normal DIY portfolio, i will switch those profit to lover profit fund, while PRS i wonder how do i lock fund.

Ramjade, you mentioned about: Have 2 PRS. One bond fund one equities.
means to buy 2 types of funds, Equity & Bond fund, so do switching among this 2 to "lock" profit ya?
that so, need to buy from same fund house right? eg: CIMB

That I don't know as I never experiment. After all my allocation inside PRS is very small. Not worth for me to try it out and as I mentioned PRS tax incentive is until 2021 which is only 3 years away. 1 year RM3k, 3 more years =RM9k only. So if no more tax incentive, then I just close my eye and don't look at it. If they continue the tax incentive, maybe I will think best way to protect my money

But yes, that's one way of protecting your money. Find the lowest volatility bond fund and put it inside there.

This post has been edited by Ramjade: Apr 25 2018, 11:47 AM

thanks for your explanation and valuable input. most of us invest in PRS is just for sake of tax relief only + RM1k incentive for age 20 to 30.
i started last year, bought 1 PRS fund, never know until today morning in FSM tread mentioned about we are allow to buy few PRS funds with only RM8.48 per PPA account (all the while i misunderstand RM8.48 apply to per fund). thus may change my plan to buy other fund to diversify it. RM3k still alot for me.

It's RM 8.48 per PRS provider. If you have 2, then it's 2x RM 8.48. If you have 3, then it's 3x RM 8.48. As long as you topup. If you don't topup, you won't get charged.

my understanding is per fund (or is it per fund house).. if you have 2 funds, and that calender year you top up on both funds... kena RM16+GST. Coz I kena before..

This post has been edited by Kaka23: Apr 25 2018, 12:07 PM

i started get confused. i just read through FSM FAQ (attached), and yes 2 answers as mentioned above pop out in my mind + from LYN.

may later i try to search in PPA website.


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It's RM8.48/fund. That's why you see me with only one fund as I don't believe in paying extra money unnecessarily.

This post has been edited by Ramjade: Apr 25 2018, 12:31 PM

Anyone received their incentive from government yet for PRS investment in 2017? I sent my enquiry to the PPA website feedback form, and the reply I got is that I will see my incentive in May this year.

I thought it should be done in January. Although the four months delay won't affect that much since this is a low risk and low return fund, but still, time frame is essential in every investment.

Yes got my payout. Incentive is one time and pay off in either 2 dates of the year. Depending on when you buy your funds.