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 Private Retirement Fund, What the hell is that??

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LaiN87
post Dec 11 2013, 06:00 PM

Nom nom nom...
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Senior Member
1,320 posts

Joined: Jan 2003
From: メラカ /b/PowerLvl:Over9000!


LOL... My PRS fund since May 2013.

Total invested RM2'500
Total value now RM2'518 (minus all the fees)

Including the income tax rebate of lets say 6% - 1.5% annual fee which is 4.5%. And if can fall into the tax bracket below RM35'000 to get that RM400 as well.

Total interest for 1/2 year will be RM18 + RM112 + RM400 (personal relief tax if chargable income less than RM35000) = RM530!! Ain't bad right?

Even if RM130 which means that it's 5% interest. And also RM150 less given to the government corruption.

IND CIMB-Principal Asset Management Berhad CIMB-Principal PRS Plus Asia Pacific Ex-Japan Equity A A 3,038.07 1,762.69 0.5802 02/12/2013
IND CIMB-Principal Asset Management Berhad CIMB-Principal PRS Plus Asia Pacific Ex-Japan Equity A B 1,302.08 755.47 0.5802 02/12/2013
Subtotal : 4,340.15 2,518.16

This post has been edited by LaiN87: Dec 11 2013, 06:01 PM

 

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