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 Private Retirement Fund, What the hell is that??

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umapathy
post Nov 4 2012, 07:08 PM

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QUOTE(lahm @ Nov 4 2012, 01:23 PM)
so Hwang IM was the 1st PRS provider approved by SC.
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Yes I have enrolled with Hwang DBS last Friday......Hope it looks good in term of returns.



umapathy
post Oct 20 2013, 07:24 PM

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If i already have PRS account, i cant start to invest in any funds i like right?

Please advice.

Thanks
umapathy
post Oct 20 2013, 07:58 PM

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QUOTE(felixmask @ Oct 20 2013, 07:52 PM)
no you can invest what fund you want in PRS so do other fund by provider offer.

PRS is juz long term fund basket; SC hv regulate fund house shlould provide basic fund; conservative;moderate and growth.
Once you put you need to wait until retirement age to withdraw.

There is plenty of provider of PRS and all the PRS have 3 basic fund;conservative;moderate and growth.
Most of PRS provider are fund house; you can buy other that PRS fund..

Hope i able to understand your question correct.
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Im already invested in Hwang Growth Fund. So if i want to invest with let's say AIA i don't have to fill up the forms and just can invest via Fundsupermart just like that bro?

Or i need to go to AIA office and register?


umapathy
post Oct 20 2013, 08:04 PM

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QUOTE(felixmask @ Oct 20 2013, 08:01 PM)
fundsupermart dont offer AIA fund.
Once you are PRS member(bought any PRS fund from any PRS provider) you no need to fill up PRS new member.
But you need to fill AIA PRS purchasing form.
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What about i want to invest in Hwang Aiman Growth Fund?

AIA PRS - is there any minimum contribution like RM250 monthly need to be dumped in?

Can I invest via Fundsupermart on Hwang Growth Fund which i already bought bro?


umapathy
post Oct 20 2013, 08:44 PM

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QUOTE(felixmask @ Oct 20 2013, 08:21 PM)
You need to check is AIA offer PRS for those paying minimum rm3k, they waive sales charges,.

Fundsupermart is offer PRS waive sales charge with minimun rm3k invest.
http://www.fundsupermart.com.my/main/resea...?articleNo=3953

You different Hwang Aiiman Growth fund not a PRS fund , their PRS fund call HWANG PRS GROWTH FUND.

What invest you in Hwang Aiiman Growth fund you not entitle/separate from PRS fund benefit.
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Hwang AIIMAN PRS Shariah Growth Fund is a PRS fund bro.

umapathy
post Oct 20 2013, 08:59 PM

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QUOTE(felixmask @ Oct 20 2013, 08:48 PM)
Im referring Hwang AIIMAN Growth Fund  since you didn't stated in full.

http://www.fundsupermart.com.my/main/fundi...erateTable.svdo
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Hai Bro,

Sorry for the confusion. Hwang AIMAN Growth Fund is also good.

But this PRS stuff works just like Unit Trust Investment.

Please advice.

Thanks



 

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