Next year buy either one of this:

1. Manulife PRS Asia-Pacific REIT - Class C
2. Manulife Shariah PRS - Global REIT - Class C

good ka master Grumpy?
but oledi got AmPRS reits.....
let me think2 tonight......

got different in their investment ?.....u in oledi?
but i see Manulife punya PRS or fund.............
if sure manulife, i prefer global reits......
ingat next year mahu kenanga oledi......follow ur step....

This post has been edited by ironman16: Dec 1 2020, 03:03 PM

If PRS extend to 2025, and after that people will start dumping their PRS.
Will the price of PRS collapse?

What do you mean people will dump PRS?

They can’t even sell before 55 years old.

Plus I foresee government will extend PRS tax relief for the foreseeable future.

that's y i clear out account B as permitted by the gov for covid

i dont think so.....
bcoz PRS normally is feeder fund (guna duit u invest dalam UT mrk)

thats what i meant.

Don't be ridiculous. Do you guys know how unit trust works in the first place?
Unit trust holds thousands of stocks and/or bonds. The price of the Unit trust is basically the value of the stocks and/or bonds at the end of the day. Think of it as Alibaba/Tencent, Maybank.
Your unit trust is not the only fund buying those companies. This is true especially for likes of Alibaba, and Tencent. For alibaba and tencent to drop, it needs simultaneous dumping of funds and not one fund on it's own.

Ya I think that there are few things that will not be cancelled once introduced by government, for example free money (BPN, BSH whatever just changed name only), SSPN tax relief , PRS tax relief, most other tax relief, PLKN (abolished by PH but the existing government plan to revive it).
Government will maybe even increase the tax relief limit to encourage more people to join PRS in the future.

This post has been edited by CSW1990: Dec 1 2020, 03:50 PM

definitely no less than u. but i think im better of investing my prs elsewhere if allowed (btw allowed under gov initiative). heck even cash in hand better than stuck in prs for the next 30 years or so.

the only reason, the one and only reason to invest in prs is tax relief. otherwise, do take out whatever money inside (without penalty) if possible.

If you pick rubbish fund understandable. But if your funds have been returning you 15-20% every year I don't see anything to complain.

This post has been edited by Ramjade: Dec 1 2020, 04:23 PM

as the rule of thumb to investment, past performance is no guarantee of future results. what more 30 years into the future.

better to have the account B money invested elsewhere like SA or IB and have more control of ur own money.

can i ask, if i bought Principal fund last year already, and this year i wannna buy affin hwang prs fund via Fundsupermart, i need to submit physical form? I thought transactions can be done electronically? ANyway has any idea?

I believe physical form is needed.

But you may try this e-Form for Affin Hwang PRS funds:



https://www.fsmone.com.my/funds/research/ar...=11419&isRcms=N

This post has been edited by GrumpyNooby: Dec 1 2020, 08:52 PM

i see, so if i submitted via FSM today, the fund nav will follow tomorrow's price or follow the price when they receive my physical form =.=

Payment matters not form arrival I guess:



If your payment reach them before cut-off time, it'll be using tomorrow NAV.



This post has been edited by GrumpyNooby: Dec 1 2020, 08:57 PM

https://www.fsmone.com.my/funds/research/ar...=11419&isRcms=N

pls use mobile web for paperless, no need physical form

Do I need to register PPA after I purchase the PRS fund?

FSM will do it for you.

I will only pump in RM3000 every year into PRS for tax rebate purpose.

Good to know it's been extended till 2025.