No difference.

You can't buy from PPA as they're regulating government body.

You can either buy direct from PRS provider or third-part middleman like FSM.

aside from cimb PRS asia pacific, there's also Affin Hwang PRS with foreign exposure, but based on their January Fact Sheet, that's still 40% in malaysia (affin hwang prs growth). i personally invest in cimb prs, though my contribution is minimal...

i'm not too sure about others but my guess is mostly malaysian based. you can refer here do further your research. the missing one from the list is public mutual prs.

Cimb prs feeds into ponzi 2.0 fund..

However, most of our PRS funds are feeder into one or more funds of the respective PRS provider. There's no pure PRS fund that starts from scratch IMHO.

i dun get the actual meaning of yr post.
do you mean "onli affin hwang prs moderate / growth" are not holding into one or more funds of the respective PRS provider?

i kinda get your point on the feeder not retirement planning thingy. but frankly those who really invest in PRS, would mainly to do it for tax relief. those more aware with other unit trust would have their own portfolio for their financial planning. then again... feeder or not, you can always switch between PRS funds, to lower risk.

plus... unless you are nearing retirement, will be too conservative to invest in ambond prs?
don't JUST look at absolute return. if you compare the two cimb asia-pac prs to other prs funds, it does look tonnes better because it wasn't a good year for malaysia (other funds are highly if not fully exposed to malaysia). not apple to apple comparison... but like you said previously, you can always switch. i think cimb prs is free switching...

i tak faham short forms... =.='''

switching fee is the only concern i believe. the rest is just best on your investment strategy, risk appetite

this PRS thingy...better to start early or what?
but i do agree that most ppl do just for the tax relief?

if the purpose is tax relief... do note that it is temporary and ends 2021... 10 years from YA2012.

so i would say yes, start as early as possible because only up to 2021?

actually i believe the tax relief is the incentive to encourage more savings/investment.

PRS fund managers are some of the best fund houses already. really can't expect it to perform that bad.

every buy.

Hi sifu here

I jz activated fsm account today. If I purchase fund via fsm before Friday, still can entitled tax release by 2016?
What fund modetate risk can suggest to me?

I cannot suggest anything for you as I have no idea who you are nor what sort of circumstances you are in. But i can share with you my train of thoughts so that you can decide whether my logic / rational suits you or not.

I) PRS to me is a very passive investment and I will not be actively monitoring it unlike my other Unit Trust Investment. It is going to be a very long term investment.

II) I participate in PRS mainly for the tax relief.

III) A large chunk of my net worth is in KWSP and it is a known fact that KWSP is mainly exposed to Malaysia stock market and bond. Indirectly my assets are mainly exposed to Malaysian stock market especially government bonds and blue chip counter and index linked stocks.

IV) as such when I invest, I will select investment tools that are not exposed to Malaysia otherwise I will unwittingly increase my concentration risk.

V) Hence, when I choose a PRS, my criteria are:

A) Preferably zero sales charge, which is a no brainer.
B) Cover as broad geographical area as possible.
C) Low risk or volatility.
D) Decent return, better or at least on par with KWSP.

Due to the above criteria, I narrow my PRS selection to Affin Hwang PRS Moderate because it satisfy A), B) & C)

Due to the above criteria, I narrow my PRS selection to CIMB Principle PRS Asia-Pac Ex Japan Equity because it satisfy A), B) & D).

With regards AMReits PRS, I reserve my participation because it is sector specific and as such being a thematic play, I will avoid it as I have to monitor it actively.

Xuzen

if buy from FSM, in case anything happen to the owner, how the beneficiary (pewaris) redeem it?