There are three fixed price fund (NAV 1.00) are open for non-bumi, named ASM, AS2W, ASM3....

U may get more details from ASNB forum
https://forum.lowyat.net/topic/4677986/+1780

This post has been edited by veera77: Nov 21 2018, 11:32 PM

PRS is only for income tax deduction. Don't invest more than the RM 3,000 that you can get for income tax relief. In today's economic situation, look for the cheapest entry and most ultra conservative portfolio.

My sentiment too.. Just look at conservative funds.. For the moment...

I bought through CIMB

Put in RM1000 received additional RM1000 from government.. from 2000 drop to 1800 now

CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity

it would have been lagi worst if you had selected....
CIMB ISLAMIC PRS PLUS ASIA PACIFIC EX JAPAN EQUITY

Time to move everything into the most conservative funds. Can anyone here advise which one is the most ultra conservative in which the exposure to equity is limited? Best is a fund that is 100% based on government guaranteed bonds.

Weather forecast - rainy season with a chance of typhoon...

There're three schools of thought:
1. Switch out to ultra conservative funds
2. Cash out to cut-loss
3. Remain invested

All depends on your risk appetite and ammo (cash on-hand).

If i were to believes to your forecast....i would have gone into fixed deposit...at a 4.x% confirmed return....+ pidm protected.....
No need take the risk attached to the most conservative funds or even look for it.
Just go to lyn fd threads....

As a fresh grad who doesn't have to pay tax yet, should I invest RM 1000 to get the youth match?

I want this to be a long-term investment and can stomach moderate risk. Thing is, I don't have much capital but I felt that the free RM 1000 made it more worthy than other investments.

Based on recent posts, this seems like a bad idea, any thoughts?

This post has been edited by ryan95: Nov 26 2018, 01:27 AM

It's better to act fast.
Not just if the youth inventive will be continued.
Even your're eligible for tax, the amount of tax you can save for monthly income up to RM 5k from PRS contribution is not a lot.

This post has been edited by David83: Nov 26 2018, 07:37 AM

same as my situation, i just dump in 1k to get the youth incentive :/

Guys .. what are your thoughts on the outlook of APAC equitu market for 2019? Do you think it will rebound ?

I guess, that answers really depended on who replied....

the most important one is I think is....really depended on you yourself....

what do you think have better prospectus?
Do you have other investment vehicle other than UT?
Do have surplus money to invest?
Do you need to touch this investment money for a few years?
Do you have longer term investment horizon?
Do you understand the risk associated with UT investing?
etc, etc...

Hey guys, I was wondering if topping up my CIMB PRS fund through PPA, will I get the 3% charges imposed by CIMB bank?

What's the difference between topping up through PPA and buying through FSM. I understand that FSM is class C while CIMB bank itself is class A.

Invested 3K in PRS through FSM.. movie tickets for free

Sales charge is one time fee where as management fee is annual basis right?If so, aint the Class A better for long term although the sales charge is way higher?

the variance is 0.1%pa?.......thus it takes about 30 yrs to get back the 3% variance?

Another thing might be also the total Investment reduced since the 3% initial sales charge which affect the compounding return. Noted.Tq

How do i buy PRS from new provider? I log into my PRS service portal and found that i can't find any option offer to switch to other provider. I can only top up with my current PRS provider account only.

Reason being thinking of switching is my current provider didn't perform well for the pass years.