If you choose correctly you can match and even beat EPF return. I did. I want to have both my cake and eat it. That's why for my PRS must be able to match EPF returns.

I won't fall for any company marketing. If you are talking about cherry better to take FSM RM40 offer 😂 Vs Versa RM100 offer.

Are PPA admin fees of 0.04% charged to the fund or you have to pay separately?

Paid by Fund.

How's the best "long-term" way to buy PRS?

Is it through PPA, FSM, or direct from the fund houses?

If I buy via FSM, will I be able to manage my investment via the PPA or fund house?

Likewise, if I buy directly via Principal, can I view it on PPA and FSM website?

What's the cheapest method?

Can nomination be done for all purchase methods?

This post has been edited by contestchris: Oct 28 2024, 10:49 PM

Maybe I am bias. I will choose FSM. No service fees. Also the annual RM8.00 fees usually the fund house will auto minus from your investment.

You ask FSM about estate planning.

This post has been edited by Ramjade: Oct 28 2024, 11:08 PM

If I buy via FSM, will I be able to create a PPA account and view my holdings there?

At the moment, I don't have any PRS whatsoever.

Where have you been all these years? Lol. All the years of income tax relief. To buy prs, you need to have PPA account. Cannot run away. FSM will ask you or help you to sign up for it. I believed got PPA forms that you need to fill up and and mail it back to FSM.

I have been prs since it was intro as I don't believe in paying lots of tax. Maximise income tax relief where possible.

This post has been edited by Ramjade: Oct 28 2024, 11:18 PM

I tried to sign up for PPA account but it forces me to buy a PRS fund to complete the registration!!!

I went through the whole process, but my account is not created unless I select a fund. This is nonsense!

FSM says it is all paperless now. https://www.fsmone.com.my/funds/research/ar...e-details/11419

If you have been there since the days of xuzen, prs is basically buy and forget about it. Buy max RM3k/year as long as govt give income tax relief. That's it. He said it himself. What's there to talk about prs. Buy prs, get income tax relief.😂You cannot withdraw early unless you want to get penalised by 8% penalty.



This post has been edited by Ramjade: Oct 28 2024, 11:35 PM

I can get 25% relief but even then it's not a must buy. Lock money for 30 years. Funds can be mismanaged. PRS fund management is lower priority than they normal Unit Trust fund management.

Anyways considering now to maximise the 25% since it's been extended to 2030. Should be able to build something decent over 7 years worth of contributions at least.

This post has been edited by contestchris: Oct 28 2024, 11:45 PM

Do you buy and forget or actively manage the PRS portfolio?

Seems exhausting to actively manage such a small exposure in the grand scale of things.

There are few ways to go about it.
1. Just buy any fund and be done with it. That is what most people does.
2. For me, I want to have my cake and eat it too. That's means I want income tax relief and maximise my gains.

If you see majority of the funds sold by prs all focus on Malaysia market only (maybe ? directive from SEC/BMM behind close doors) I choose the fund which have the most overseas exposure (US). Remember, I am always negative towards ringgit and Malaysin market. Before this I was a principal prs Asia Pacific dynamic investor. I switch for more US exposure after emperor Xi fiasco and when principal intro fund with exposure to US.

It's not actively managed per se but I do monitor the performance and any new fund which is intro to FSM like once a year. If and when they have a fund that track the S&P500 or the US market like 40-50% of it, I will move my money into the fund. Remember it's a long term fund. So if you can get say 10%p.a why not over a measly 2-4%p.a. The difference over long term is significant.

Not many firms offer PRS online sign-up because certain forms, PPA require original with customer signature. Therefore, unlike unit trust, which has end to end pure online interface, you may encounter PRS being partially online only.

To get around this problem, just go to ppa website and look for Online Enrolment (Participating houses includes: AHAM, AM,AIA, Kenanga, Principal and RHB).

When PRS first entered the market, there were concerns that because it was a new fund, it may not be able to scale to a certain size. As such, most fund house either do via feeder (like principal) or fund of fund (AHAM) structure, this is to reduce cost and build track record.

Those funds that focus mainly on Malaysia, most likely invest directly in securities/stocks, therefore would likely mean they went for the cheapest path and easiest to build track record because that is where most of their expertise lies.

Therefore, it is not a directive by SC or BNM but rather fund houses considered the fact that its a slow product and difficult to scale to size.

This post has been edited by aurora97: Oct 29 2024, 04:50 PM

I'm looking at the factsheet for both 2050 and 2060 Class C and it seems like 2060 has slightly more overseas exposure. Principal Global Titans Fund MYR exposure in:

- 2050 is 27.53%
- 2060 is 27.90%

2050 factsheet: https://www.fsmone.com.my/admin/buy/factshe...etMYCPRE50C.pdf
2060 factsheet: https://www.fsmone.com.my/admin/buy/factshe...etMYCPRE60C.pdf

Does this mean that 2060 would be better for more overseas exposure?

Results say otherwise. No idea why. You can do your own comparison.

I hope someone can help me understand.

Principal Global Titans Fund - MYR Class exposure is overseas right? And Principal RetireEasy 2050 - Class C holds 27.53% of Titans Fund.

How come regional allocation for RetireEasy 2050 is 97.57% in Malaysia? Shouldn't it be lower?

https://www.fsmone.com.my/funds/tools/facts...?fund=MYCPRE50C

tax relief cukup, put RM3k every year.
buy and keep only
do nothing since 2013.

few months ago profit near RM15k now down already


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Principal Global Titans Fund MYR

Its been in MYR, hence counted as Malaysia, although what the underlying fund holds lain cerita lah

Hi guys, would like to buy the 2050 prs fund in fsm. However can only see the normal one, not the prs one. Is it not available anymore?

Edit: ok my bad. 2050 fund don’t have the “prs” in the name

This post has been edited by luciuswks: Nov 1 2024, 11:49 AM