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Private Retirement Fund, What the hell is that??

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Barricade	Oct 19 2019, 11:25 AM Return to original view \| Post #1
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Guys PRS investment can withdraw from EPF to invest?
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Barricade	Dec 9 2020, 06:28 PM Return to original view \| Post #2
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	I wanna open FSMone account to buy PRS. Any referral code to share with me? PM me
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Barricade	Dec 11 2020, 01:51 PM Return to original view \| Post #3
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Guys i just bought 3k Principal PRS Plus Asia Pacific Ex Japan Equity - Class C using FSM. Question, i know we can only take out the money when we reach 55 yrs old, but is it possible to sell this fund and buy another fund? just in case this "Principal PRS Plus Asia Pacific Ex Japan Equity - Class C" is not performing
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Barricade	Dec 11 2020, 01:58 PM Return to original view \| Post #4
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(cempedaklife @ Dec 11 2020, 01:56 PM) Search for the term "switch" Thanks Bruh. Hope my decision to start invest 3k every year in PRS turns out well
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Barricade	Dec 16 2020, 09:15 PM Return to original view \| Post #5
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Just bought Principal PRS Plus Asia Pacific Ex Japan Equity - Class C immediately loss MYR -37.02 (-1.23%)
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Barricade	Dec 19 2020, 04:37 PM Return to original view \| Post #6
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	I realise PPA website and FSM website value is different. Which one is more updated?
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Barricade	Dec 22 2020, 01:12 PM Return to original view \| Post #7
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Guys, is it true to do nomination we have no other way but to print out the PPA form, fill it up manually and courier it to them?
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Barricade	Dec 22 2020, 05:19 PM Return to original view \| Post #8
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(GrumpyNooby @ Dec 22 2020, 04:56 PM) Principal PRS Plus Asia Pacific Ex Japan Equity - Class C NAV (21/12/2020) dropped to 1.1815 Don't get surprised as part of it is due to distribution of RM 0.0723 per unit. But the distribution haven't credited to our account? That's why showing a huge loss now?
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Barricade	Jan 6 2021, 09:59 PM Return to original view \| Post #9
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(GrumpyNooby @ Jan 5 2021, 08:37 AM) The new units are already in FSM for Principal PRS Plus Asia Pacific Ex Japan Equity - Class C. No wonder suddenly my portfolio positive. Thanks all for the recommendation. That's lumpsum RM3010 mid of December. Starting January 2021 I will put RM250 monthly into it.
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Barricade	Jan 7 2021, 09:27 PM Return to original view \| Post #10
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(ahkia @ Jan 7 2021, 02:46 PM) Agreed. I had top up another 3k this morning. wow.... for 2021 tax?
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Barricade	Jan 20 2021, 03:30 PM Return to original view \| Post #11
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Guys how often does FSM update the PRS fund price?
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Barricade	May 10 2021, 09:54 AM Return to original view \| Post #12
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	I agree. Majority people buy PRS for tax relief only
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Barricade	Oct 6 2021, 05:17 PM Return to original view \| Post #13
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(cklimm @ Oct 6 2021, 08:47 AM) So, for my 1st time, I have bought 3k with the fabled Principal APAC ex Japan PRS, Reason: seeing it dropped for more than 4% in 3 months, should be a decent entry point. Method: just tap and swipe with the FSM app, but signing with finger feels awkward, hope they accept the slightly warped fingnature I DCA monthly RM250 into this since January after buying lumpsum RM3k last december. Highest return was up to 11% but today drop until a merely 0.77%. Quite disappointed.
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Barricade	Mar 7 2022, 10:42 PM Return to original view \| Post #14
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	My PRS drop a lot lately. Been DCA since 2020 Principle PRS plus Asia Pacific Ex Japan Equity Class C
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Barricade	Mar 8 2022, 12:23 PM Return to original view \| Post #15
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Is it normal PRS will deduct RM8 for the first month of the year? What is that for? Everytime i invest RM250, i check at ppa.my it only shows RM242 for jan every year.
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Barricade	Mar 14 2024, 05:24 PM Return to original view \| Post #16
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(Ramjade @ Mar 14 2024, 04:56 PM) You can select which fund your ILP invest in. You can even switch. Normally it's the agent who choose. I have checked. Majority of the funds given like 99% all Malaysia focus only. Zurich has a fund which is invested in US. I switched to that and never looked back. Previously was on Malaysia focus funds and it perform like crap. Ramjade and !@#$%^ liked this post
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Barricade	Mar 19 2024, 04:31 PM Return to original view \| Post #17
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Once no more tax relief, PRS can close shop. No reason for anyone to buy other than for the tax relief kelvinfixx liked this post
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Barricade	Mar 20 2024, 11:10 AM Return to original view \| Post #18
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(ky33li @ Mar 20 2024, 12:39 AM) My portfolio barely recovered. I bought 2 PRS funds 8 years ago. I agree with Ramjade, most PRS funds sucks. For me the tax deduction isnt worth it at all given the opportunity costs I have lost and my portfolio cant even breakeven. 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. guy3288 and wongmunkeong liked this post
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Barricade	Mar 21 2024, 10:45 PM Return to original view \| IPv6 \| Post #19
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	Question. Let’s say I buy PRS from two different fund house. Annual fee I have to pay RM8x2?
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Barricade	Mar 21 2024, 11:09 PM Return to original view \| IPv6 \| Post #20
Look at all my stars!! Senior Member 4,147 posts Joined: May 2005	QUOTE(MUM @ Mar 21 2024, 11:05 PM) if you had already bought PRS funds from that 2 providers before, I think this time buy you will kena 2x Thanks for the info. Going to buy AIA PAM - Growth Funds instead. Principle Claas C put to hibernate
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