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 Private Retirement Fund, What the hell is that??

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IdiotGuY88
post Nov 25 2017, 02:07 AM

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Joined: Oct 2011
From: Selangor


QUOTE(kenloh7 @ Nov 2 2017, 05:57 PM)
I placed my order and paid for my CIMB PRS fund on 30/10. On the same day, I went to the FSM office to submit the first time PPA and PRS registration to them.

Then on today, my purchase has been confirmed, but why does the NAV I get is based on 31st, and not on 30th which is the day I paid for my order?

I got less RM13 due to the NAV difference(I know this is little considering how much I have wasted over the months, but I just want to verify which NAV I am entitled to.)
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Hi,

I want to ask you, because i'm confused with the step of first time PRS registration with FSM. I saw these 2 link

https://www.fundsupermart.com.my/main/resea...f-Purchase-2966

and

https://www.fundsupermart.com.my/main/prs/prsForms.tpl

i should buy PRS first > submit form > make payment or

submit form > buy prs > make payment ?

btw, you went to the FSM office for submitting form during weekdays or weekend?

notworthy.gif hope you can answer, thank you
IdiotGuY88
post Nov 25 2017, 11:22 PM

Getting Started
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Junior Member
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Joined: Oct 2011
From: Selangor


QUOTE(kenloh7 @ Nov 25 2017, 01:15 PM)
Either way works, but you are able to lock in your NAV on the same day if you place the order and make the payment first, while waiting for your PPA account to be created.

i went on a weekday. Took about 10 minutes to fill in the forms and they will do the rest.
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Thanks for your answer, this helps me a lot
IdiotGuY88
post Oct 30 2018, 05:18 PM

Getting Started
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Junior Member
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Joined: Oct 2011
From: Selangor


1k free money (100% gain),
1k as tax relief plus
potential to grow the money whose know in future when you used all the money and you still have this

 

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