how do you guys top up? i just topped up RM3000 using PPA online. Net contribution become RM2904.86. Almost RM100 charge ah?? Liddat one ah? i put into CIMB plus asia pac ex-japan.

reading this website....looks like you can only do top up (of existing PRS funds that you are currently holding) not new prs funds

https://www.ppa.my/prsonline1/

See below post....
Good to know that.....
Btw....how much sales charges do you have to pay for this CIMB PRS fund?
3%?

why u wan to buy from prs website not from fsm?

Yes, Thanks, will you please update us when you did have the numbers,
for just 2 weeks ago, a forummer posted this....

Please know that dividend in UT is not real cash. Is right pocket to left pocket.

unknown to what fund CIMB PRS fund you refered to....

you can check out the fund's prospectus to see the stated Distribution policy.....

example.....see image

unknown to what is your thought....
could you please eloborate
what
where
how
is it that PRS is similar to EPF other than the objective to "try" to save for future use?

mekboyz PRS = UT/MF in EPF way

UT=unit trust
MF=mutual fund

Since FM doesn't want to re-invent the wheel, they mainly feed the contribution from PRS fund to existing UT/MF under their products offering.

To make you understand,  think of EPF as your FD and amanah saham fixed price fund (those popular ones where you and sell at RM1/unit).

Returns or dividends generated by EPF is real cash.

But not UT/PRS. Why is that so? The answer is very simple. If they give you 3% worth if dividend, the NAV of the fund also drop by 3%. So you gain 3%, you lose 3%. Any nett gain?

1. Gain through NAV appreciation
2. Income distribution (dividend) is meaningless (money out from left pocket goes back to right pocket
3. Income distribution could be annual or incidental (read/refer to the fund datasheet)