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 Private Retirement Fund, What the hell is that??

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nexona88
post Oct 2 2014, 05:55 PM

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Private Retirement Scheme hits RM500m with 100,000 members
http://www.thestar.com.my/Business/Busines...100000-Members/
nexona88
post Oct 2 2014, 06:50 PM

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QUOTE(felixmask @ Oct 2 2014, 06:30 PM)
do you know which PRS provder hv 0% sales charge..or promotion season.
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So sorry, I don't know blush.gif but I see if u apply via FSM, got some kind of discount hmm.gif
nexona88
post Oct 6 2014, 07:09 PM

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QUOTE(cappuccino vs latte @ Oct 6 2014, 06:49 PM)
I heard those with 0% sc will charge higher management fee. So at the end, no difference...
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example of the fund doing that? hmm.gif
nexona88
post Mar 22 2015, 01:52 PM

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QUOTE(adele123 @ Mar 21 2015, 08:31 PM)
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? tongue.gif
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how I donno about tis info? blink.gif cry.gif
nexona88
post Mar 22 2015, 08:04 PM

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QUOTE(Kaka23 @ Mar 22 2015, 02:41 PM)
Nobody can know everything ma..
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okay blush.gif sad.gif
nexona88
post Apr 22 2015, 06:05 PM

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Private retirement scheme's AUM to exceed RM1b by year-end
QUOTE
PRS has gained traction since its inception in December 2012 as its AUM has grown over RM800 million with over 140,000 members


http://www.thestar.com.my/Business/Busines...-end/?style=biz
nexona88
post Apr 22 2015, 06:17 PM

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QUOTE(yklooi @ Apr 22 2015, 06:14 PM)
RM 800 000 000 DIVIDED by 140 000 = RM 5700 per contributor = most invested to pay LESS taxes??  hmm.gif
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looks like it tongue.gif
nexona88
post Jun 21 2015, 01:04 PM

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QUOTE(supersound @ Jun 21 2015, 08:34 AM)
Only dump money using EPF money if the below condition are met(cannot missed out 1) :
1. dividend yield every year must be 2.5X from what EPF declares
2. price taken out to dump in shall be same as price return back to EPF or higher
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I think not many UT out there can give that return hmm.gif
nexona88
post Jul 1 2015, 01:14 PM

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Affin Hwang Asset Management launches new PRS fund
QUOTE
The Affin Hwang Aiiman PRS Shariah Moderate Fund is to cater to the rising demand for syariah-compliant funds and retirement planning

http://www.thestar.com.my/Business/Busines...fund/?style=biz
nexona88
post Sep 3 2015, 05:58 PM

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Public Mutual launches two private retirement scheme funds
QUOTE
Public Mutual PRS Equity Fund (PRS-EQF) and Public Mutual PRS Strategic Equity Fund (PRS-SEQF).

PRS-EQF and PRS-SEQF seek long-term capital growth by investing in equities and collective investment schemes comprising of a diversified portfolio of blue chip stocks, index stocks and growth stocks.

Both funds will invest between 75% and 98% of their net asset value (NAV) in equities and hence offer the potential for higher returns over the long term.

“For increased diversification, PRS-EQF and PRS-SEQF can invest up to 30% and 98% of their NAV respectively in selected foreign markets which include Asia, the US and Europe markets,” it said.

http://www.thestar.com.my/Business/Busines...unds/?style=biz

This post has been edited by nexona88: Sep 3 2015, 05:58 PM
nexona88
post Nov 26 2015, 12:46 PM

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QUOTE(xuzen @ Nov 26 2015, 11:57 AM)
Is it me or do you all realise that this PRS  thread is extra active during the end of the year?
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well I too realized that.

typical Malaysian mentality. semua buat last minutes blush.gif
nexona88
post Nov 28 2015, 02:01 PM

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QUOTE(xuzen @ Nov 28 2015, 11:12 AM)
Just some trivia:

I have just checked out Affin-Hwang PRS Growth Fund Interim Annual Report dated 1/1/2015 and there are 7 people holding 500,001 units and above.

These 7 pax are holding a total of 6,840,000 units. Based on 26/11/2015 NAV, this translate to RM 3,881,700; or equivalent to an average holding per pax of RM 554.5K.

Who in the FCUK wanna lock half a Million into PRS?

Mind boggling!  rclxub.gif  rclxub.gif  rclxub.gif

Xuzen
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well they got so much money. donno what to do with it.

so juz dump in PRS fund lor sweat.gif

inb4 500k is juz peanuts aka small change

This post has been edited by nexona88: Nov 28 2015, 02:02 PM
nexona88
post Mar 10 2016, 06:22 PM

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SC Report 2015: PRS funds net asset value at RM1.17b in 2015
http://www.thestar.com.my/business/busines...-value-in-2015/
nexona88
post May 2 2016, 12:18 PM

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parking here biggrin.gif

seems there's tense discussion blush.gif

needed time to read all about
nexona88
post May 7 2016, 09:42 AM

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QUOTE(crab hammer @ May 5 2016, 06:53 PM)
Already may but im still not get 500 incentive. Any1 got 500 from gomen?
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gomen no money how to pay tongue.gif
nexona88
post Aug 19 2016, 06:33 PM

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shariah here shariah there..

seems Islamic products are really in demand nowadays..
nexona88
post Aug 25 2016, 10:46 AM

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QUOTE(walle @ Aug 24 2016, 11:57 AM)
any PRS from affin hwang, kenanga or manulife here?
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Don't worry, a lot agents are lurking around..
PM spaming incoming laugh.gif
nexona88
post Aug 25 2016, 07:59 PM

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QUOTE(roadrunner0 @ Aug 25 2016, 06:44 PM)
Means, i open FSM acc to funds my PRS ? sorry newbie on this.
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Try to read up FSM..
How it work, what funds offering, charges etc.
nexona88
post Aug 30 2016, 11:30 PM

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QUOTE(walle @ Aug 29 2016, 12:05 PM)
got my agent for PRS liao... smile.gif
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Affin Hwang agent? hmm.gif
nexona88
post Sep 29 2016, 11:10 PM

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The Private Pension Administrator Malaysia (PPA), the central administrator for private retirement schemes (PRS), has started an online top up service for members to make additional contributions into their funds easily, conveniently and securely.

http://www.theedgemarkets.com/my/article/p...?type=Corporate

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