Same thing. Majority of unit trust in Malaysia sucks. Not sure is it mandate from BNM to invest locally sort of like support the Malaysian market.

different. u can't choose ur insurance linked unit trust, or at least those i know.

prs at least still can choose.

unit trust then definitely can choose non china or malaysia centric ones.

You can select which fund your ILP invest in. You can even switch. Normally it's the agent who choose. I have checked. Majority of the funds given like 99% all Malaysia focus only.

not much choice there, is there? i prefer to choose myself whether prs or unit trust to whichever region i wanna focus on.

Every ILP they give you I think around 15-20 funds for you to choose. I don't use ILP, nor do I want to get involved with ILP.

Zurich has a fund which is invested in US. I switched to that and never looked back. Previously was on Malaysia focus funds and it perform like crap.

mine only got 6 i think. choose 4.

Go kacau your agent and see what fund are available.

This post has been edited by Ramjade: Mar 14 2024, 05:54 PM

stop buying it, every year you buy RM3k right? buy other PRS

I think this plan will ask us to contribute fix amt till certain year. Else we will not able to enjoy any cash return.

I have this for the past 3 years. Every year losing money but this year-to-date total value +7%. 😂

This year maybe buy something different.

Then i think it comes with protection. Basically you are paying for the protection too (death benefits maybe?) that’s why the return is not great

Had been consistently contributing RM3k since 2013 except for 2 years where only contribute RM1k each. did a small sum withdrawal in 2020 during MCO just for the fun of it. Total invested to date RM27.5k in 3 different funds and NAV as of yesterday was about RM32.5k lol...sad! Mainly for the benefit of the tax deduction.

This post has been edited by leanman: Mar 17 2024, 10:49 AM

That's why I switch.

Majority of people just want the tax relief. Me, I want returns and tax relief.

This post has been edited by Ramjade: Mar 15 2024, 12:16 PM

you are being tied down by the agent

we all do it ourself. we choose which one we want to buy.
this year buy Retireeasy50, next year if outlook poor , we buy other PRS.

If got pure US fund I will buy that vs whatever nonsense Malaysia/china focus fund. Too bad no fund house doesn't want to come out with good prs or prevented from doing so by BNM. My insurance agent said they are not making lots of money via PRS that's why PRS have lots of lousy funds.

btw im surprised u r an insurance believer

This is not PRS

I am not. Some stuff I believe to be self insurance.
My prs is done by DIY via FSM. No agent involved.

Insurance if possible, I want to DIY and avoid agent. Sometimes the market and regulation makes it such that is impossible to buy without agent. Cause need take care their rice bowl.

This post has been edited by Ramjade: Mar 16 2024, 05:56 PM

You gotta do your homework and decide for yourself if it is worth it to continue. The deferred annuity from etiqa is still a product by an insurance company. If you surrender now or stop now, most likely you lose alot.

On top of potentially having some tax impact as well (i am not sure how it is gonna look like)

This is still a PRS topic. And there is probably not enough information on your etiqa plan and to go around to be advised by the people in this forum.