Maybe I read it wrongly but let me check again.

For top up the PRS amount..

Kena liao, next round should go for FSM

Ironman, I will like to ask about that Manulife PRS APAC Reit ,
which is not available on FSM; 3% sales charge from Manulife itself; and eUT straight away ignore my email.
Is this buyable from PPA, if so, how much the sales charge?

Ironman, I will like to ask about that Manulife PRS APAC Reit ,
which is not available on FSM; 3% sales charge from Manulife itself; and eUT straight away ignore my email.
Is this buyable from PPA, if so, how much the sales charge?

I need eUT to send me the opening forms in the 1st place, but since you have AMReit, is it good?
If there is a referral program, you can leave me your referral code.

Do you mean the PPA Annual Fee RM 8?
My understanding is the RM 8 was waived during the first year you invest PRS (opened a PPA account).
And you won't be charged RM 8 if you do not contribute a single cent to your existing PRS funds of different Providers.

Scenario 1: You're buying a new fund every year. You're not opening new account (Only one PPA account per person based on IC).
So, Buying a new fund after the first year, will still charge RM 8, right?

Scenario 2: You're buying and topup-ing 3 different funds from 2 different Providers.
You will be charged RM 8 x 2 = RM 16, right?

Scenario 3: You're buying and topup-ing 3 different funds from 3 different Providers.
You will be charged RM 8 x 3 = RM 24, right?

So, we should concentrate on one PRS provider per calendar year to avoid multiple PPA annual fee, regardless it is a topup or new fund.

Anyone can clarify this?

PS: FPX Fee RM 0.50 will be charged for each transaction via PRS Online. If you topup RM 100 for 30 times separately, you would have been charged RM 15 (0.5 x 30). So, better lump sum top-up RM 3000.50 in single transaction (RM 3000 will go to your fund and RM 0.50 is the FPX fee).

Thanks for your clarification.

Do FSM charge RM 0.50 per transaction for existing or new fund like PPA direct topup did?

I did have insurance and i-EPF (no longer now) through FSM, no the transaction charge.
But not sure about UT or PRS funds from FSM.

Hi, just want to have clearer pictures on the RM8 annual fee...
What if this year I open a PPA account to invest in Fund A, then later by end of this year invest in Fund B (different provider)? Will I be charged RM8 for the second fund? or both Funds's annual fee will be waived?

Oh, so even if I register for the 1st time for PPA account, I will still be charged RM8 annual fee for only 1 fund? or only will double charge RM8 if I invest 2 or more funds?

Thank you for your input.
Yes. But when registering for PPA account, I can only choose 1 fund from 1 fund house, right?
Say, next month I decided to buy another fund from another fund house through FSM, will I be charged the RM8?

FSM's reply as below:

Please be informed that PPA annual fee of RM8.00 will incur on your subsequent PRS investment (once per annum and per PRS Provider basis) if you top up into the same PRS fund on the following year.

For example, if you have purchased Affin Hwang PRS Growth Fund this year (2020), and if you top up into the same PRS fund or purchase a new PRS fund under the same provider (Affin Hwang) on 2021 you will need to pay RM8 for the annual fee. However, if you chose to purchase different PRS fund under different provider you will not require to pay for the annual fees.

FSM's reply based on above scenario:

Please be informed that there is no annual fee (RM8) incur to you if you top up into the same PRS fund or purchase a new PRS fund (either with Affin Hwang or different PRS provider) in the same year (2020).

You plan to buy?
Most hk and US reit stock price up last 2 weeks maybe due to vaccine good news, should be a minor correction.I am waiting next week to top up manulife reit.

Bought in a bit CIMB AAXJ at RM0.9 in April, thought it will dip lower.

Nope, its now RM1.2. Cry.

Should be Principal PRS Plus Asia ex Japan Fund.

I monitor that fund NAV on daily basis.
Now is hovering at 1.2xxx

ATH at 11/9/2020 -1.2228

This year I topped up into Kenanga PRS fund.