Cimb prs feeds into ponzi 2.0 fund..

haha!

Based on what facts?

This and the islamic sibling also high performance after I compare in the morningstar site.

wat im tryin to say is feeder fund r not created purely for retirement plan. u can risk lose out alot bcoz d fund manager has different mindset from d original PRS funds.

imho, d real PRS  growth / moderate shall always less profitable / less risk compare to outside funds.

how I donno about tis info?  

Any good suggestion for PRS that has investment in China?

I am investing in Public PRS..returns are shit. Worse than EPF which makes me wanna puke. So wanna diversify my PRS.

Thanks David. I read alot of your post. Any suggested funds to look into that have been providing good returns?

I am thinking of switching from Public to another fund. But my head tells me diversify my this year's tax allowance into another fund to see first. So I have got 3K to play with this year.

1-What are the funds you investing in rite now?

2-Imma rookie on these PRS fund things, just straight to the point , do return frm PRS fund alwys higher thn 6%?

Thx thx

1- So what is ur opinion on funds tht you are investing on for the last 3 yrs? Frm the figure tht u gv, there's high n low in this scheme... Do Affin Hwang performence consistently hovered around 8 , 9 or 10 % ?? Hw's the figure for previous 2 years? Sorry im lzy to invstget

Thx txh

Can someone help me on this, I interested to ask my mom to invest in PRS due to the tax rebate, but based on my mom salary n after calculate, how much refund you can get from 3k investment not according to your tax bracket..here the calculation for discussion

before PRS
-------------
Salary 90k
-rebat without PRS = 20k ( Kwsp,insuran, child, zakat )

taxable income = 70k

according to LHDN tax bracket for 2015 onwards - http://www.hasil.gov.my/goindex.php?kump=5...it=5000&sequ=11

first 70k = RM5600

Tax need to pay = Rm5600

After invest in PRS
----------------------
Salary 90k
-rebat with PRS = 23k (Kwsp,insuran, child,zakat + add 3k for PRS)

taxable income =  67000 
tax calculation ( 50k - 70k tax bracket)
First 50000 = RM2,850
next 17000 = RM 2720
 
Tax need to pay = RM5,570
Difference( before - after ) RM5600 - Rm5570 = Rm30 !!

only RM30 difference?? so seem like it not worth it for my mom to invest in PRS right..better go for the normal mutual fund then.

My tax calculation correct or not :-P

Today plan to invest 300 in prs.. 

yeah i thinking the incentive attractive,but wondering shud i take it up coz got restriction on withdrawal.do i need a monthly contribution for PRS?

Lower cost ponzi 2.0 ya..  Lump sum 3K?

Why decide to lump sum?

Where you buy ? thru FSM 

i thought is max rm3k yearly to pay less tax.
im one of them  ......prefer gov own me money - not i own gov money

I asked my friend about this prs thing~ She is a banker, she told me that this prs is not secure~ not sure what will happen in a long run because it is very new.. I'm wanted to join but..after she said that...im bit sceptical... she said just save my money in asb~,, >...<"