Too bad I can't capitalize...

me too ...

Now patiently waiting for my RM500. I opened FSM for this haha.

Hi, I would like to put some moneys in PRS.
But I have no experience on this scheme, so before I proceed, I would like to seek some advice from you.

1. May I know is that any fee such as management fee or other charges required?

2. Budget 2014 state that it will help us to top up RM500 for PRS. How to claim that RM500?

3. Among PBB, Hwang, CIMB, which is the best? (in term of processing fee, management fee and etc etc, or maybe interest)

Any advice is appreciated.

Thanks

1. yes, the fund houses will charge you a fee. Other charges? check with relevant fund house.

2. All you have to do is to invest at least RM1,000 into your PRS account, and they RM500 shall be in your account sooner or later, I was told you have to wait for a few months for that.

3. Pick up their respective prospectuses and start reading it, it depend on which fund house you like. As for the fees, I did not check with the other fund houses, but there are more or less charging the same amount (AFAIK).

Thanks for reply.

One more question.
Should I directly go to the bank to invest PRS or should I invest through fundsupermart.com?
FYI, I don't have account in fundsupermart.com and not familiar with it. Just know I can invest through it.

If you invest through banks, you may end up be charged a little bit more, as I believe fundsupermart should be charging a cheaper rate than others right?? Please correct me if I'm wrong.

but if with other banks, you may get an agent, like my case, my agent is a nice guy to talk to and he is very professional in doing his job. so I don't mind paying a little more though. Whereas in fundsupermart, you may or may not be able to get someone to advise you on their funds... you must make sure you read through all the prospectuses...

Good luck

hwang investment Mgmt has 0% sc on PRS and has many good looking staffs too...1 stone many birds?
http://www.hwangim.com/investment-solution...tirement-scheme

I see, since I'm not very experience on this, I think better get an agent to get more understanding about the investment rather than blindly putting my money on it.

Appreciate opinions from you all, thank you

y'all get a pretty agent

aiyo.. like keep insurance separate from investments,
so should guys keep gals separate from investments lar - else wrong head "thinking" very dangerous for our AssEts' life cycle leh

hmmm good for you

haha... you also can go for Hwang PRS ma.. get 0%sc

hmm... Let me see... for this hwang PRS, can I buy through fsm?

yes.
http://www.fundsupermart.com.my/main/fundi...mentGroups.svdo

Then if I buy through FSM, can I still get the 500 incentives for PRS?

Yes. The RM 500 is from government or PPA not from PRS provider.

okie, thank you! but are these hwang PRS funds really making good returns? the one I invested so far, have been consistently showing about 12-14% return per annum...which is quite steady in my opinion...

what do you guys think?

Hwang PRS where got so high wan?

Xuzen

guys, question please.

is it like , i take this scheme.

every month i invest rm100 or rm1k per year, i get rm500 into my account?

after 1 year, i can close the account?