may i know where you open your PRS account?
is it there are charges of account opening of RM10.60 & annual fees RM8.48

if online? other than FSM, any other website provide such service?
i read in FSM FAQ, there are charges:

WHAT ARE THE CHARGES TO APPLY FOR PPA ACCOUNT?

A: For first-time PPA account application, there is a PPA account opening fee of RM10.60* which will be deducted from your investment amount.
Subsequently, an annual fee of RM8.48* will be deducted from your investment amount for subsequent investment on the next calendar year. *GST 6% included.

https://www.fundsupermart.com.my/main/faq/1...eme-PRS--8865#5

Huh? RM8.48/ year for each fund?
if i have 3 funds, RM8.48 x 3 o...wa....
i thought RM8.48/year for 1 PRS account.

Then better buy only 1 PRS fund, top up RM3k/per year to get the tax relief.

How can i know my PPA account number and password? will FSM send me an email notification?

sorry i cant answer you, no idea at all about switching.
just curious why wanna switch fund? since it is super long term 20-30 years investment, by switching fund will help you earn more?

i never know it is related

But then still it is DCA method, different is DCA monthly or DCA yearly right?

since is to keep the $ roll until age 56, will have huge different?

Since no dividend, any advise how to "lock" the profit? it is damn long term investment.

I understood dividened is market gimmick, left hand to right hand. just wonder says our normal DIY portfolio, i will switch those profit to lover profit fund, while PRS i wonder how do i lock fund.

Ramjade, you mentioned about: Have 2 PRS. One bond fund one equities.
means to buy 2 types of funds, Equity & Bond fund, so do switching among this 2 to "lock" profit ya?
that so, need to buy from same fund house right? eg: CIMB

thanks for your explanation and valuable input. most of us invest in PRS is just for sake of tax relief only + RM1k incentive for age 20 to 30.
i started last year, bought 1 PRS fund, never know until today morning in FSM tread mentioned about we are allow to buy few PRS funds with only RM8.48 per PPA account (all the while i misunderstand RM8.48 apply to per fund). thus may change my plan to buy other fund to diversify it. RM3k still alot for me.

i started get confused. i just read through FSM FAQ (attached), and yes 2 answers as mentioned above pop out in my mind + from LYN.

may later i try to search in PPA website.


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Did you notice about this new function of PPA?

Top up available, while there are admin charge per transaction. RM0.53.

Will you utilize this function or back to your agent to top up?




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i may do the same too.... FSM.....

would like to know if Public Mutual they charge 5% on this PRS fund too? (just for my extra knowledge)

hmn, then another question. will the RM1k incentive reflect in FSM account? (i yet receive the incentive) just curious。。

Wait until next week early May then will give a call to PPA and check out what happen.. i bought at end of 2016.

Omg! What a typo! Early morning wake up and reply.. should be Dec 2017..77777

Seriously i never acknowledge about this.

btw i found this: "Payment is made bi-annually after PPA submits their report, which is usually at the end of June and December."
Source: http://<referral link removed>/my/lifestyle/rm1000-incent...tirement-scheme

not April but June?

Negative.....
Email sent, waiting reply

y not just close PM PRS account, then move the fund to FSM? no switching this and that.

Thanks for the update.
they never reply my email.

i have received same reply from PPA yesterday..
my email was sent out at 3rd May 2018.

"In regards to your enquiry, at the current juncture, we are waiting for the relevant parties for further information on the PRS Youth Incentive pay-out timeline.

Should you require further assistance, kindly contact us at 1-300-131-772 between 8:30 am to 5:30 pm, Monday to Friday (except Public Holidays) or you can e-mail us at askPPA@ppa.my"


who is the relevant parties....... government? or fund manager ...