Lol don't need to be so formal on this forum.
Good to refer to MorningStar, here's a good post by PPA https://www.ppa.my/prs-providers/prs-funds-information/

thank you for the info. if for long investment, which PRS we recommend?

What should I consider when choosing a PRS?
When making your PRS contribution, you need to take into account various factors such as your age, personal and household income, risk tolerance, retirement objectives as well as the suitability of the different funds under the various schemes to meet your retirement needs.

Where can I obtain information about the funds available? How would I know which option would suit me best?
You can decide to choose a PRS fund or not to choose a PRS fund and invest based on the default option where contributions are allocated to the core PRS funds based on your age. For further details on fund options, please refer to Structure of PRS page. Meanwhile for the list of available funds and PRS Providers, please refer to the PRS Providers & Schemes section.

https://www.ppa.my/prs-and-you/prs-faq/

can try look into this ......
AFFIN HWANG PRS MODERATE FUND
https://www.fundsupermart.com.my/main/admin...eetMYHPRSMF.pdf



This post has been edited by T231H: Oct 5 2018, 05:35 PM

Just started, and I anyhow picked CIMB AAXJ class C.

If you don't need to touch the money for decades, go for high risk high volatility one.

My beef with the funds is that their expense ratio (management fee in the fund sheets) is pretty high at 1.5% p.a. I am currently using StashAway (0.8% p.a.) and their underlying ETFs all < 1%.

using that...cannot have income tax benefit

They don’t rompak our capital gains tax very good ady.

PRS fund can seek income tax reduction......

Eh I got no income in Malaysia also. Good info, will take note.

This post has been edited by honsiong: Oct 9 2018, 10:37 PM

Er you do know ETF investing is always cheaper right? That's why you must buy a fund which can beat the ETF consistently.

K lah for the RM1000 bonus (hopefully it's real) I won't complain that much lah. Maybe after this won't put any more into PRS.

Eh I signed up and paid RM1000 on Tuesday night. Till now Thursday still didn't get anything from PPA/PRS. Don't even know whether my order for the fund went through or not :/

New account right?
You have to wait!

how do you guys top up on your PRS?

Through this site?
https://www.prsmember.my/

I kinda stopped topping up my prs account anymore, because I don't really like the fees they deduct each time I contribute, and I don't see their returns being better than EPF. I just opt for higher self contribution rate off my salary to EPF, in addition to doing other things like unit trust.

Can anyone convince me otherwise? My last contribution was RM500 to my PRS (public bank PRS), but I was credited 476.37 into my account. Meaning I was charged 4.7% for transaction fees? That's kinda ridiculous.

The annual statements aren't really clear too. I'd love it if they'd say how much in interest I've made, and how many more units I got in return.

tl;dr I don't think PRS is worth it, convince me otherwise?

that site (as link provided by you), if i am not mistaken, only a FH has no sales charges, while other has....
as per PM PRS...there is a sales charges of 3% + there are also PRS a/c account opening fees too

there are other PRS from other FHs has no sales charge

FSM or eUT Malaysia. Both zero percent service charge.
Only RM8/year. If you don't topup, no charge. But wasted la. PRS money still your money at the end of the day. Income tax money paid is not your money
Avoid public bank. They may be one of the most popular but they are one of the worst in the market

You must know what you want to to buy. Don't simply buy because someone told you so. Read more about unit trust.
https://forum.lowyat.net/topic/4193169

Again choose what you are comfortable with.

You have to understand that unit trust is a basket of stocks which invest in stocks or bonds. To make profit from unit trust, your buying price have to be way lower than selling price.

What's eUT?
www.eunittrust.com.my <- this one?

Yup is the one.

RM8/year? So it isn't entirely free with them, that was the catch, RM8/year for each PRS account with them?

If you invest RM1000 with them, that's 0.8% p.a.

If you have RM100,000, it diminishes down to 0.008%, not bad.

RM 8 per year goes to PPA not PRS provider.