For me it's worth it. My return have always exceed EPF except for past 1-2 years (CIMB principal Asia Pacific fault).

But since I switch to retireeasy 50, my prs returns have pickup again.

Like I said, pay less tax and prs money is still your money at the end of the day. It's not govt money.

With the fees and no performance commitment, dont think thry can out perform in long run.

The fees are fixed at 1.5%p.a (management fees).

If you see the pros, all are feeder funds. So you need to see how the original fund is performing.

For me, once they remove income tax relief, I will stop buying prs and divert my money overseas (like what I am doing for my EPF portion)

Earlier you mention that there are funds with service charge. The common term is Sales Charge or upfront fee, not all funds in the market charge that fee. Like AHAM, the sales charge is 0%.

For Principal fund, only Principal PRS Plus Asia Pacific Ex Japan Equity is a feeder fund. (non-core)
For Manulife, only Manulife PRS Asia-Pacific REIT Fund is a feeder fund. (non-core)

A feeder fund is a fund that feeds into a single fund, whereas a fund-of-fund feed into multiple funds (this is adopted by AHAM).

Your comment is incorrect (especially portion highlighted in bold).

First and foremost, you need to understand how unit trust fund is structured. The Manager (AHAM, Principal Kenanga) is remunerated by the fund to manage the fund. The legal owner and the custodization of the assets are done by the Trustee of the fund. Even if the Manager is subject to liquidation due to default, the assets are not registered or held in the name of the Manager.

Also, whether an asset manager is bank backed or otherwise, does not make any difference because they are separate legal entities (their liabilities are separate) and each have different capitalization requirements imposed by their regulators.

I think it all depends on your tax rate. Let's say your tax rate is 25%, you already saved RM750 in taxes by investing 3k. Can compounding interest in FD beat that? I don't think so.

in a Fund-of-Fund like AHAM PRS there is a 1.5% Annual Management Fee p.a.
does the multiple fund they feed into also charge annual management fees?

Was told and also read before, ....only 1x charge not double charge

I was refering if you buy funds form agents or banks, there is 3% service charge. This applies even for public mutual if you choose to DIY.

For those funds on FSM and Phillip, zero service charge. However public mutual will never be on FSM Or Phillip.

This post has been edited by Ramjade: Mar 20 2024, 02:37 PM

This is imposed by law.

They can only charge once either fund level or the target fund (i.e. a feeder fund [Principal Global Tech] that is feeding into a target fund [Franklin Templeton Global Tech Fund]). Also, the target fund is not allowed to charge sales charge/upfront fee.

is there a fund that performs like FD? i'm thinking just earn FD rate but can get tax rebate...already good enough... so far my PRS I think is in red overall..

Got. Those funds that are around 3%p.a plenty.

Bro are you sure?
You said I also own the CIMB Asia Pacific Fund
meaning you also bought this Principal PRS Plus Asia Pacific Ex Japan Equity - Class C ?

And you bought it 8 years ago?
I also bought it 8 years ago
Dec 2016 price was only RM0.80
Now is RM1.14, mana boleh rugi like this?

how can that PRS be bad in your portfolio?

highlight the bad one you bought
so others can learn

must give some convincing information to back up
what you said , dont waste time putting money into the PRS.

It all depends on person's entry point price. He may have entered when it was a peak and did not average down (i.e. lump sum investment).

did you read what he said?

he said he bought 8 yrs ago
what did i say the price 8 yrs ago?
the price now?

If 8 years and its a lost, the only explanation is that he invested lump sum at a high price or he did average down but gave up or he did average down but in those circumstances, he bought at peak and it did not lower the average cost of acquisition.

I have seen statistic for EPF approved funds, same situation. People buy when its high, withdraw when NAV is low. Doing lump sum investment and did not average down.

What so difficult to understand?

bro before you tried to talk big,
make sure you know your facts first

fact 1 - We are talking about PRS Principal PRS Plus Asia Pacific Ex Japan Equity - Class C

Not any capalang PRS like you were rattling there
who told you that PRS price has been going down hill from 2016..?

Just pandai pandai assume ?

Now i tell you the facts

fact is i bought it in 2016 RM0.80 Then i kept buying the price kept going up from 80 sen in 2016 to 90 sen, 1.00, 1.10
so what rubbish averaging down are you tokking there?

What rubbish buying lump sum is the reason for his losses?

Totally wrong trying to be clever .

is that so difficult for you to understand ?

I average cimbPRS asia pac fund when china didnt perform well still down 15%. The only reason my portfolio recovered now is due to recent switching of funds to Principal Retire Easy 50, otherwise it wouldnt even recover this much.

Perhaps I am the only one who didnt manage by switching the funds. But let me ask who in this forum really earn GOOD returns from PRS? If the returns were so DAMN GOOD most people would not think twice just invest in PRS NOT EPF. What I am trying to say with the dismal performance on most funds, just don’t waste so much time on this. Out of 3 PRS funds i own (amPRS, affinPRS and CIMB Principal), amPRS (amtactical fund) still haven recovered, affinPRS (growth fund) probably show 3% return now and now CIMB Principal recovered due to switching to other fund.

You must be wondering why I didnt top up consistently, other than funds u bought from FSM it is so difficult to do the topping up if you buy from asset management firm directly like amprs, you probably have to fill up forms and call the company for that. I bet Government will extend the tax deduction for PRS funds so that asset management firm employees can keep the rice bowls.

I only have one PRS Fund which is the AHAM Moderste Fund. This is a typical 60% equity and 40% bond fund with abt half its assets outside Malaysia but focused on Asia Pac ex Japan.



Year tondate performance is pretty good and hope it can continue to do well this year.



This is performance since fund inception which was Dec 2012. Can see that it was perfoming well in the first 8 years up to early 2021 with 80% percent return. Performance turned bad in 2021/22 and it was down more than 15%. Its low was Oct 22. Likely due to bond losses as interest rate spiked and Chinese market crash. Since end of last year, however fund value has been up strongly. Hopefully can continue back on track.

Arguably 2021 and 2022 would be a good time to top up additional investments.

This post has been edited by Cubalagi: Mar 21 2024, 08:03 AM

Dollar Cost Averaging to avoid timing the market.