fund.

Quick quick go cari CIMB ones.....CIMB - Principle PRS Plus Asia Pacific Ex Japan Equity Fund - Class C aka Ponzi 2.0's clone.

Xuzen

PRS is practically buying a UT and keep it until retirement age. You cannot touch the money until you are retired. Yes. One time only. THe RM1k incentive will be given to you once you are at 55 years old. Once money is put in, you can see the money but cannot touch it until you are 55 years old. If you withdraw early, I believed there is hefty fines.

You won't lose 100% of the money. Because over 30+ years takkan the market stay down forever meh? Also, it depend on which fund are you buying. If you choose the wrong one, you will get about FD rates (which is bad). Choose the right one and you can get ~5-10% pa.

The RM1k is just one part of the story. Until 2021, if one put max RM3k inside there/year, one can get RM3k worth of income tax relef.