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 Private Retirement Fund, What the hell is that??

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55665566
post Mar 7 2018, 01:53 PM

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QUOTE(nicklim17 @ Mar 7 2018, 01:27 PM)
hi,

would like to know the next cycle of government youth incentive credit into account.

put in 1k on September 2017.

thanks

quote from forumer MUM as below means april only will get?

"When will get the incentive from government?"
from previous postings by forummers....the cut off date is end June and Dec......then 4 months after the cut off date you will be informed and yr a/c will be updated. Btw, the RM1,000 incentive will be utilized to purchase units which will be created in sub-account A of the PRS fund.
"And to qualify for next year youth incentive again, I need to top up 1k after 1/1/18?"
The incentive is a one-off incentive which will only be received once for the entire program between 2014 to 2018 and not once every year.

for more info of this PRS things...try this FAQs
https://www.ppa.my/prs-youth/prs-youth-faqs/
http://www.publicmutual.com.my/prs/PRSYouth.aspx
https://www.fundsupermart.com.my/main/resea...ve-RM1,000-4558
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you can only receive once per person
55665566
post Apr 4 2018, 08:26 AM

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anyone have recommendation for public mutual prs fund?
55665566
post Apr 4 2018, 11:45 AM

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QUOTE(MUM @ Apr 4 2018, 09:47 AM)
if you want to see the fund performance...can use this tool
https://www.publicmutual.com.my/prs/PRS-Pro...Performance-PRS
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yea i know, just that i feel my current fund (PRS-IGRF) macam tak bagus.
just ask around what others go into
55665566
post May 4 2018, 10:04 AM

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heard my prs with public mutual will be charged 1.68% annually. true?
Anyone know can we move public mutual prs to fsmone?
55665566
post May 4 2018, 10:41 AM

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QUOTE(MUM @ May 4 2018, 10:28 AM)
yes, you can move from PM pRS funds to another fund house.
btw, the fund that you moved into will also charge about that 1.6% +/- pa, but the good news is that, you don't get to "feel" those charges for it had been pro rated charged into the daily Navs
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The agent told me that PM had other benefits:
- No exit fee charged when redeem total funds.
- Have free insurance

Is that true?
55665566
post May 4 2018, 11:10 AM

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QUOTE(MUM @ May 4 2018, 10:45 AM)
if that agent told you...who am i to says otherwise, he/she should know better and you should get those freebies if provided.....
*
was going to move out mah since everyone say fsm is a better choice

 

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