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 Private Retirement Fund, What the hell is that??

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cklimm
post Jun 22 2015, 10:40 AM

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Dude, can we buy PRS using credit card? it will be great to earn cashbacks+points while doing investment
cklimm
post Oct 16 2015, 10:03 PM

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QUOTE(sam@bpp @ Oct 16 2015, 09:54 PM)
if the PRS fund is not performing, you can still switch to another fund or transfer any accrued benefits to another PRS provider.
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it will be accrued "lost"
cklimm
post Dec 17 2015, 11:07 PM

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QUOTE(nashburn @ Dec 16 2015, 05:14 PM)
No, you cannot use EPF money to contribute to PRS
PRS must use cash only, similar like the way you contribute to EPF.
Bear in mind that PRS is the second EPF
However EPF money can be withdraw from account 1 to invest in Unit Trust, subject to calculation based on your age
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Is there any PRS provider accept credit card? it will be great to earn cashback+points
cklimm
post Dec 18 2015, 08:04 AM

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QUOTE(cherroy @ Dec 17 2015, 11:16 PM)
I have yet to see any investment can accept credit card payment one.  laugh.gif
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apart from insurance investment-linked funds? brows.gif
cklimm
post Dec 15 2016, 11:48 AM

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The year is ending soon, any decent promotion from PRS providers?

The only I found so far are FSM free GSC vouchers for investment above 3k;
Public Mutual PRS free insurance for NAV above 5k
cklimm
post Dec 15 2016, 03:56 PM

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QUOTE(MOFARKOR @ Dec 15 2016, 01:08 PM)
it's 15/12, do you think still in time to open a new account and invest into PRS ?

tongue.gif obviously just wanted to get the tax relief deduction for year2016.....
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My last purchases was 27 Dec 2015 whistling.gif


QUOTE(zzzhhhzzz @ Dec 15 2016, 03:42 PM)
so guys... whats your pick on the PRS fund.. which one you think is going to perform in the coming years ? Considering Kenanga OnePRS... but minimum investment is RM1k .. (wanted to invest less than RM1k so that i can get PRS youth incentive of RM1k next year) .....
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you need minimum 1k investment in 2017+2018 to get that 1k. You put 1k today will only entitle you RM500
cklimm
post Dec 24 2016, 09:55 AM

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QUOTE(cckkpr @ Dec 22 2016, 09:52 PM)
I placed in prs with public mutual. Every year top up 3k for tax relief. The damn thing is 3% charge (RM90)just for depositing my chèque. If I deposit 30k, they would have taken RM900. No wonder after 3 years still negative. Only consolation is 750 tax savings per year.
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QUOTE(familyfirst @ Dec 23 2016, 09:07 AM)
PM's PRS is not performing.  I did it first year then subsequent years buy into other funds.  You can top up into other funds directly via logging on to your own PPA account.  Try it.  Forget PM for this prs fund.
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There is another perk from PB Mutual: free personal accident for NAV above 5k, the more you save there, the more your folks will get.

http://www.publicmutual.com.my/prs/PRSProd...nceTakaful.aspx
cklimm
post Dec 27 2016, 09:31 PM

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QUOTE(OPT @ Dec 15 2016, 12:25 PM)
Yeah...last time can see CIMB got promo 0% SC at certain CIMB branches. Still available?
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QUOTE(MiKE7LIM @ Dec 23 2016, 03:49 PM)
just went to BandarUtama Ambank ...quite lansi the Sales...

i asking if possible to put in RM900....then she said so far only do RM3K case...zzZzzz

dont even bother to check for me the min ...just said is 1K...

right now got promo... sales charge 1%

Ambank claim that Najib 2017 announcement on PRS incentive RM1K is not confirm  rclxub.gif
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QUOTE(laith @ Dec 23 2016, 10:12 PM)
Any PRS fund to recommend at this time, wish to purchase before ebd of this month for tax exemption.
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A last minute update about PRS promo, Ambank has finally replied my promo inquiries 10 days after submission:

"Dear Lim,

First of all, thanks for your email enquiry about our AmPRS Funds.

Currently we also running a PRS campaign as below:

We are having a PRS Campaign from 15 Aug 2016 to 29 December 2016
ü RM20 Starbuck Card + RM30 movie vouchers , when you invest RM3,000
ü RM20 Free unit / RM20 Starbuck Card, when you invest RM1,000
ü 0% sales charge for you and your friends and family"

Too bad I had topped my PRS 7 days ago, those who aint buy anything, can refer to pauline-chia@ambankgroup.com
cklimm
post Dec 28 2016, 12:09 AM

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QUOTE(MiKE7LIM @ Dec 27 2016, 11:10 PM)
thanks bro. she cover PJ area? thumbup.gif
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not sure dude, send her a mail, said someone called Lim mentioned her
cklimm
post Dec 29 2016, 10:23 AM

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QUOTE(MiKE7LIM @ Dec 28 2016, 05:27 PM)
just signed RM900 amPRS with Pauline. nice and friendly lady.
next year only hit 1K. to enjoy 1K Govt incentive
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Good strategy, did she confirmed the 1k gov incentive thingy?
cklimm
post Dec 29 2016, 06:08 PM

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QUOTE(zyrex_ho @ Dec 29 2016, 10:34 AM)
I bought it from her 2 weeks back, I got her contact from my friend.
She told me that the 1k incentive next year is not confirm yet, have to wait till next year. It does not worth for me to enter 900 and wait for next year for 1k incentive in terms of tax relief, so i have enter 3k.
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After all the positive comments, i am looking forward to meet her
cklimm
post Nov 3 2017, 10:09 AM

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QUOTE(infested_ysy @ Nov 3 2017, 09:52 AM)
Quick question,

I have a Public Mutual PRS Growth Fund, and I make contributions through https://www.prsmember.my due to convenience.

Whenever I deposit RM250, only RM234.08 is credited into my PRS account.
Is it normal for the transaction fees to this much? Calculated, that's like 6.36% in fees.
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quick answer: if it was yr 1st contribution for that fund this year, RM10.60 will be deducted for "annual fee", another 3%~ RM7.50 for sales charge

seems like your fund has been appreciated a little bit to RM 234.08 from RM 231.90.
cklimm
post Oct 7 2020, 02:56 PM

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Entering the last quarter, any PRS promotion going on lately?
cklimm
post Oct 18 2020, 05:08 PM

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QUOTE(familyfirst @ Oct 15 2020, 10:08 AM)
Considered good ka?  Was thinking to top up now via PPA Online .. is this a good time to top up for Affin Hwang?
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If I am to top up, I will do it via FSM, RM40 touch N go will be given.
cklimm
post Oct 18 2020, 07:40 PM

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QUOTE(GrumpyNooby @ Oct 18 2020, 05:11 PM)
Yes but make sure the amount of top up is min RM 3k.
Yeah, max out the tax relief also cool2.gif


QUOTE(Ramjade @ Oct 18 2020, 07:10 PM)
I topup during march sell down. Returns now > any rewards BY FSM.
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Great timing dude, guess you have made even more somewhere else brows.gif

cklimm
post Oct 19 2020, 09:40 AM

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QUOTE(Ramjade @ Oct 18 2020, 11:21 PM)
I am just saying don't wait for FSM promo. Best time to buy = when market give discount vs FSM give promo.
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As of now, I see the Manulife's PRS APAC Reit is losing 10% YTD, is this promo good enough?
cklimm
post Oct 19 2020, 09:47 AM

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QUOTE(Ramjade @ Oct 19 2020, 09:41 AM)
Up to you. I only buy principal Asia dynamic.
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Wow, will look into it

QUOTE(GrumpyNooby @ Oct 19 2020, 09:43 AM)
Manulife's PRS APAC Reit can be bought from FSM?
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I dont see it on FSM, has emailed them about this;
meanwhile, I've seen it on eUT, with 0 sales charge.
cklimm
post Oct 19 2020, 10:40 AM

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QUOTE(Ramjade @ Oct 19 2020, 09:41 AM)
Up to you. I only buy principal Asia dynamic.
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QUOTE(GrumpyNooby @ Oct 19 2020, 09:48 AM)
Have been holding Principal PRS Plus Asia Pacific Ex Japan Equity - Class C since 2015.
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Guys, am I looking at the right fund?
https://www.fundsupermart.com.my/fsmone/fun...-Equity-Class-C
cklimm
post Oct 23 2020, 02:57 PM

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I have been to invest smart virtual event, not much promotion for PRS, except for:

Affin Hwang: 0 sales charge, lucky draw
https://affinhwangam.com/in-the-spotlight/c...-go-go-campaign

Cimb Principal: ewallet RM 30 for RM3k investment, RFID tag for 5k
https://www.principal.com.my/sites/default/...0End%202020.pdf

Manulife: lucky draw using iFund; 5k insurance if invest in PRS Reit

Kenanga: 0 sales charge, thats it

PB Mutual: 3% sales charge, but with interesting lucky draw: https://www.publicmutual.com.my/LinkClick.a...c%3d&portalid=0

This post has been edited by cklimm: Oct 23 2020, 03:03 PM
cklimm
post Oct 24 2020, 07:20 AM

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QUOTE(CoronaV @ Oct 24 2020, 06:56 AM)
Investment amount : RM11000
Consolidated current value : RM13213.00
Profit/loss: RM2213.00 (+20.12%)

How to interpret this?

Yearly average 20.12 %?
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Thats total return
If you've put it for merely 1 year, then the yearly return is 20.12%
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