depending on the duration.....(and excluding public mutual PRS funds)
CIMB has 1 fund (out of the many other CIMB PRS funds) did manage to be the top fund in the 2, 3 and 5 yrs category
that same fund is also the top loser in the 1 yr category and in the top few loser ranking in 3 months and 6 months category too...

past performance may not indicate future performance....
use this tool to check...
https://www.fundsupermart.com.my/main/fundi...erateTable.svdo

Why exclude public mutual prs?

ya-lor ...why excludes public mutual PRS huh?

hints?....click that link to see maybe got idea as to why huh?

usually maybe is wrong fund....but since end January this year....most PRS funds (even past top performers) are not doing good...

Ah....

It is the time of the year again. Towards the end of the year, this thread will suddenly springs to life.

Xuzen

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This post has been edited by veera77: Nov 20 2018, 01:58 PM

Class A or Class C?

which better option?

Depends on what you want. Easier interface than FSM which I think only have class C.

Want long term cheaper by 0.1% then eUT class A. For me I went with FSM as already have account with them.
eUT for PMMMF only.

Thanks @Ramjade

This post has been edited by veera77: Nov 20 2018, 04:22 PM

I just set up my PRS account and I do wonder are you guys making monthly contribution? Some people say its a good habit while some say you could lose your money because of the providers growth is pretty shitty these days.

what do you guys think?

There are 2 ways to go about it.
Topup every month fixed amount of cash say RM200 regardless market condition.

Sit tight and wait for market to sell off before making a purchase.

Both way make sure you buy max Rm3k worth of units. Do not buy a sen more as PRS tax relief is up to Rm3k only/year.

making monthly or doing lumpsum ......this could still happens...."some say you could lose your money because of the providers growth is pretty shitty these days."

doing monthly contribution is to displine oneself into not timing the market.....

most people buy PRS funds for the tax benefits...especially those on higher tax bracket.

what is your purpose of buying a PRS fund?

Mainly just to have a habit of compound interest.... I have FD that annually ill top up for compound interest. not sure if PRS works well with compound interest or not

If u looking for compounding interest...ASNB is an option..6% based on past dividend rate of ASM, ASW2, ASM3..
For more info, read below link

https://forum.lowyat.net/topic/4677986



This post has been edited by veera77: Nov 20 2018, 10:17 PM

compound interest...you cannot get from unit trust....unless money market funds like PMMF or CMF
PRS funds is like normal unit trust.....there is no known returns (interest) value for the next 12 months....

try this...
https://www.google.com/search?ei=shX0W-zKNs...wiz.JOmP3kTSVbs

Hi Guys, Need some input in strategy.. First time buying PRS, thanks in advance for all the sifus guidance

1. Should i buy via online www.PPA.my website or FSM ? Which one is cheaper in terms of less fees overall

2. In PPA website ; i see 3 types of Fees
(a) Sale charges (i understand FSM is O%; what about buying direct from PPA website?)
(b) Management Fees (about 1.0 to 1.5%) if we didnt touch the fund next year, will there be any deduction. If we top up , will they charge again management fees onto previously bought fund inside PRS too.
© Trustee Fees (about 0.04%) Also same question with (b)


3. I checked morningstar; most of the funds lost money since Jan 2018. Except Conservative Fund; In view of dismay global outlook in Asia Pacific region (charts downward trend),
Should i just buy conservation fund first - to preserve capital and when more promising outlook next year / beyond , then consider switching fund.

buying from PPA online....you get free a/c opening too

"For all online applications through PRS Online Enrolment, the PPA account opening fee of RM10.00 shall be waived till further notice.
For applicants age 30 and below who perform self-enrolment, PRS Providers’ sales charge will be at 0%"

https://prsenrolment.ppa.my/

Management fees & trustee fees...cannot escape...they are charged by the fund house.....
you cannot see/feel these charges as they are pro rated charged daily and reflected into the daily NAVs.

if you buy a conservative fund now and switch later to other funds...there are switching fees and also may missed the sudden up swing of that fund.....

usually...go for the fund that can make you sleep well at night daily no matter what the market situation are. No right or wrong.

I remembered this scheme only for Bumiputera which I’m not. Or is it the rules have changed ?

some of the fixed price funds for non bumi
https://myfintalk.com/asnb-fixed-price-funds/

Many in here are not so interested with PRS fund gain as they're only looking for reducing payable tax via tax relief.

If you're aiming for medium term of gain, you need to look outside PRS. PRS aim is not for short withdrawal. Pre-mature withdrawal before age of 55 is subjected to 8% tax penalty.