The return can cover the tax penalty right?
You're not selling at loss.

Is the closure the cause, or the result, of the drop in value?

A bit confused with how you worded it, as if it's the "cause", as in they somehow purposely report in losses because they want to close it  Which.... in this case, I feel worried that if in the future a PRS fund is closing, then it will drop so much before that happens ?

Only one customer?

Anybody know next promo for PRS? I only aware year end got.

Don't wait for promo by FSM. Wait for promo by market. Market promo usually more than what FSM can give you.

Say 10% discount from current price Vs some RM40 eWallet discount. You tell me. I never wait for FSM promo. If I had waited for FSM promo, I would have miss out March low of last year.

i maybe wrong,...i think it maybe related to Mex 1....

Downgrade of MEX I Capital Sukuk
On 19 March 2021, RAM Ratings downgraded MEX I Capital Bhd’s RM1.35 billion Sukuk Musharakah (2014/2031) by 8 notches to C3 (which is one notch above Default) from BB1 due to the company’s continued liquidity problems and increased default risk due to lower Maju Expressway (MEX) traffic volumes and delays in the restructuring exercise.
https://www.fsmone.com.my/funds/research/ar...=article-search

i maybe wrong,...i think it maybe related to Mex 1....

Downgrade of MEX I Capital Sukuk
On 19 March 2021, RAM Ratings downgraded MEX I Capital Bhd’s RM1.35 billion Sukuk Musharakah (2014/2031) by 8 notches to C3 (which is one notch above Default) from BB1 due to the company’s continued liquidity problems and increased default risk due to lower Maju Expressway (MEX) traffic volumes and delays in the restructuring exercise.
https://www.fsmone.com.my/funds/research/ar...=article-search

Read the annual report too. Trustee also gave their view and concern about it.

Not those heavily concentrate in mex1 & 2.

weakness due to the Fund house or the general markets in question?

hope u didnt hantam RHB growth fund. They are losing money 

i maybe wrong,...i think it maybe related to Mex 1....

Downgrade of MEX I Capital Sukuk
On 19 March 2021, RAM Ratings downgraded MEX I Capital Bhd’s RM1.35 billion Sukuk Musharakah (2014/2031) by 8 notches to C3 (which is one notch above Default) from BB1 due to the company’s continued liquidity problems and increased default risk due to lower Maju Expressway (MEX) traffic volumes and delays in the restructuring exercise.
https://www.fsmone.com.my/funds/research/ar...=article-search

Read the annual report too. Trustee also gave their view and concern about it.

then for your question on "buy on weakness shall we?".... i would not buy due to your above 2 factors...

DCA then good time now no need think much. Lump sum then you will always keep thinking lol

Previously I bought from public mutual. How do I transfer purchases to fsm?

Appreciated it, IM16. Shall look into this!

16? U just too young la..... Not worth for the prs I think.

I find that the longer we keep the fund (above 10 yrs) the return is lower per annum.    How ah?  To keep or withdraw after around 7-8 yrs?

You can't just see longer period going down oh no. Decide to withdraw every 7 years because of one time period you observed.

See that Asia peaked in 2018, downtrend until 2020 then picked up from 2020 to 2021. Since the last few years that you see in your cut off period are down trends and below the peak, obviously the longer trend is lower returns.

What if you saw the chart or returns from 2016 to 2018? Will your decision be to withdraw every 3 years?

Hi guys, seeking your kind professional advice here.

Looking to start a PRS acc mainly for tax relief purposes. Was reading up the thread here and would like to confirm, opening a PRSaccount through FSM makes the most cost saving sense since there is no/minimal sales charge incurred.

But just to confirm, mgmt fees are incurred from the fund houses right, not from the FSM platform itself. So in other words - cannot lari from this charges.

Thanks in advance for your replies.

where u saw the info?
kasi link , boss 

## ok, i saw it oledi https://asia.manulifeam.com/ifunds-offers-my.html
Only investment into PRS Class C funds will be eligible for this campaign

-online
-3k lump sum and hold 6 months
-get rm100 e voucher

Based on this Sales charge see page 64
Sales Charge = (amount to be invested) x 3.00%
= RM3,000 x 3.00%
= RM90

u gonna pay rm3090 to manulife, i think 

so , actually u only earn rm10 (rm100 - rm90) 

i oso explore a bit their platform , Manulife iFUNDS .....cant find the sales charge gonna pay if buy any UT from their platform....