Private Retirement Fund, What the hell is that??
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 Yesterday, 10:44 AM
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#1
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Senior Member
6,806 posts Joined: Oct 2008 From: Kuala Lumpur   
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When trying to check some of the PRS funds last night, I noticed PM Prs Growth Fund & PM Prs Islamic Growth also have large overseas exposure, particularly in US tech sector. Performance for 3 and 5 years also not bad. Apart from the high sales charge, what are the downside? If buy from PPA website instead of PMO, still kena the 3% charge?
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Yesterday, 11:18 AM
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#2
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Senior Member
6,806 posts Joined: Oct 2008 From: Kuala Lumpur
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QUOTE(MUM @ Dec 9 2025, 11:14 AM) Many years ago, .... read in one of the thread, ... Thanks... I wasn't interested with any of the insurance though. Have not seen or hear any claims on those insurance.If you have min holdings of RM10k, ...can get their group Mutual Plus 2 insurance at lower than outside rate. Not sure if you can get to hv it, if you buy thru PPA or if PM still hv it.  |
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Yesterday, 07:43 PM
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#3
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Senior Member
6,806 posts Joined: Oct 2008 From: Kuala Lumpur
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QUOTE(MUM @ Dec 9 2025, 11:34 AM) I think, you will still kena the 3% sc if you buy from PPA. Bcos previously I read in PM thread, ...even though you buy DIY from their PMO online platform, ...you will still kena that 3% SC for prs funds. None prs equities funds will be more %.. If that's the case, have to reconsider, every year performance -3%.Just not sure of latest info about SC |
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Today, 10:20 AM
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#4
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Senior Member
6,806 posts Joined: Oct 2008 From: Kuala Lumpur
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QUOTE(Ramjade @ Dec 9 2025, 07:59 PM) Have to buy using public mutual website. Service charge 3% p.a not sure about latest service charge. If buy from PMO for sure kena 3% charge. I was thinking can buy directly from PPA, since during enrolment we have to choose a PRS fund to buy. Maybe I should try once, if really get charged 3% then that's it. QUOTE(MUM @ Dec 9 2025, 08:31 PM) That SC (Sales Charge) is applicable only when you put in fresh fund. yeah, but every year Rm90 just to claim tax rebate. No more SC for money already inside QUOTE(Ramjade @ Dec 9 2025, 08:38 PM) Worth it if you can get 20%p.a as that's what you get by investing in the US. Seeing from past performance, not reach 20%. but if can get 10% onwards after deducting 3% charge, me happy already. Btw how much return you get roughly from Principal RetireEasy? |
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