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 Private Retirement Fund, What the hell is that??

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prescott2006
post Jul 17 2018, 05:40 PM

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Hi, my wife's birthday was 17 Nov 1987 and mine was 6 Sep 1988. Are we still eligible for PRS?
prescott2006
post Dec 31 2019, 10:47 AM

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Hi, I order and transferred money to buy my existing PRS fund in FSM on 30th Dec 2019, is it still eligible to claim tax relief for Year of Assessment 2019?
prescott2006
post Dec 30 2020, 01:57 PM

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Anyone tried top up to existing fund after 11am 30th Dec and still able to claim tax relief for that year? I am using FSM by the way. Totally forgot about PRS until just now. cry.gif
prescott2006
post Dec 30 2020, 02:06 PM

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QUOTE(ironman16 @ Dec 30 2020, 02:04 PM)
Thats why i ask he ask CS. Bcoz i dun know his existing fund. Ask CS is the faster way
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My fund provider is Principal Asset Management Berhad. Asking CS now.
prescott2006
post Dec 31 2020, 10:42 AM

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Reply from CS is as long as transaction was yesterday, it is eligible for 2020 tax relief. rclxm9.gif Again, my fund provider is Principal Asset Management Berhad, so your mile may vary. icon_idea.gif
prescott2006
post Dec 31 2020, 10:57 AM

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QUOTE(ironman16 @ Dec 31 2020, 10:48 AM)
Due date is yesterday, i think he no chance oledi 😅😅
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Yaya, I think last day is yesterday.
prescott2006
post Jan 11 2021, 03:19 PM

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Hi, do you guys buy low sell high with your PRS fund? How does the charge work? My fund is "Principal PRS Plus Asia Pacific Ex Japan Equity - Class C"
prescott2006
post Jan 11 2021, 03:43 PM

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QUOTE(ironman16 @ Jan 11 2021, 03:40 PM)
walao wee, kawan ingat UT ka?....... shocking.gif
anyway, if u wanna lock profit can switch to the same fund house (conservative PRS).....but i just let it until i beitahan with the performance .... whistling.gif
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No lah, buy low sell high to earn more ma. tongue.gif
prescott2006
post Jan 12 2021, 04:48 PM

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QUOTE(ironman16 @ Jan 11 2021, 03:49 PM)
switch to conservative to lock the profit, switch back when u feel ok lo
withdraw sure kena penalty like Grumpy said.... biggrin.gif  biggrin.gif  biggrin.gif
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I thought after sold the fund, the money just go back into my account? Then I can buy back when the price is low? Just like how stock investing works right?
prescott2006
post Jan 12 2021, 04:52 PM

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QUOTE(GrumpyNooby @ Jan 12 2021, 04:49 PM)
This is PRS; not EPF nor shares trading account (trust).

There's no 'trust" account involved.

You're dealing directly with the respective fund house/manager.

PPA won't or don't hold your money nor acts as trusteee.
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I see. I thought is like shares trading. sweat.gif
prescott2006
post Nov 17 2023, 11:45 AM

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Anyone know which PRS fund has the most exposure to US and performing well? Thinking to switch my "Principal PRS Plus Asia Pacific Ex Japan Equity - Class C"
prescott2006
post Nov 17 2023, 02:28 PM

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QUOTE(Ramjade @ Nov 17 2023, 11:57 AM)
See my reply above.
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I can see "Principal Islamic RetireEasy 2050 - Class C" has the highest 1y performance. How about AIA?


 

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