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 Private Retirement Fund, What the hell is that??

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dopp
post Oct 21 2020, 09:05 AM

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I invested in manulife PRS which is quite bad
2017 3,539.40
2018 2,991.52
2019 2,992.00
2020 2,492.00
Total 12,014.92
Fund level 12,879.98

Can i invest additional PRS from FSM ?

dopp
post Oct 21 2020, 09:09 AM

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Manulife PRS - Growth Fund

QUOTE(GrumpyNooby @ Oct 21 2020, 09:06 AM)
Which Manulife PRS fund?

You can buy as many as PRS fund as you could afford.
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dopp
post Oct 21 2020, 09:23 AM

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Nope, not shariah.

In fact, at the same time we have also invested quite a lot with this manulife agent in UT.
4 yrs + i have never seen a profit P&L .
and he now parking all our fund in Money Market....

I'll wait for Oct dividend from Manulife money market, and just dump and switch to FSM managed profile.

About PRS, i was told by him... If we sell and withdraw the PRS, we can longer buy .. bullshit or what.




QUOTE(GrumpyNooby @ Oct 21 2020, 09:13 AM)
Not the Shariah version right?

If so, this is a little strange.
Since it's Growth Fund, it is weird to see the top 4 holdings are into bond/fixed income securities.

user posted image

https://www.fundsupermart.com.my/fsmone/adm...eetMYMLPRS3.pdf
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dopp
post Oct 21 2020, 12:23 PM

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Any recommendation of good performing PRS?

QUOTE(GrumpyNooby @ Oct 21 2020, 09:26 AM)
You can sell anytime if you pay for the 8% tax penalty.
Otherwise, you can switch for free to other PRS fund within the same PRS provider.
Or pay RM 25 to transfer to another PRS provider.

Alternatively, there's pre-retirement withdrawal like EPF and also PENJANA withdrawal.
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dopp
post Nov 27 2020, 08:05 AM

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PRS @ fsm, if u want to bypass the paperwork.
Dont use pc web browser

By using a webbrowser on mobile phone, go to their website and purchase the PRS. You can sign on the web
page and there is no need to print out etc.
dopp
post Nov 27 2020, 08:09 AM

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Not quite sure.I bought Principal PRS Plus Asia Pacific Ex Japan Equity - Class C this way.


QUOTE(!@#$%^ @ Nov 27 2020, 08:08 AM)
only for selected fund house right?
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dopp
post Dec 1 2020, 03:03 PM

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If PRS extend to 2025, and after that people will start dumping their PRS.
Will the price of PRS collapse?
dopp
post Dec 22 2020, 05:39 PM

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DCA smile.gif buy more
QUOTE(Barricade @ Dec 22 2020, 05:19 PM)
But the distribution haven't credited to our account? That's why showing a huge loss now?
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dopp
post Jan 4 2021, 03:40 PM

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Generally fund house would require 2-3 weeks from the fund’s ex-date (18 December 2020) to furnish

QUOTE(TaiGoh @ Jan 3 2021, 10:50 PM)
Just wondering did I miss something here.
Looks like the distribution of Principal PRS Plus Asia Pacific Ex Japan Equity on 18 Dec doesnt counted in, thats why it shows negative return in 1 Month Period?
user posted image
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dopp
post Sep 29 2022, 10:12 AM

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Principal PRS Class C Asia Pacific
-MYR 519.33 -14.84
-MYR 222.69 -14.85

Heh.. pengsan

 

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