You might want to consider setting up Sdn Bhd. SME enjoys much better tax perks compared to partnership... I don't know much about LLP though

Well I can't see any other good funds in PRS. There is another CIMB PRS fund which feeds into Ponzi 2. But since Ponzi 2 is not performing well currently, the CIMB PRS's performance is also affected.

Therefore Kenanga OnePRS Fund seems to be the way to go. Unless other forumers here have better options to offer?

This post has been edited by Vanguard 2015: Dec 18 2015, 10:50 AM

Yes, there is also a new LLP Act which came up a few years ago. But I think it is not very popular at the moment.

Refer to morningstar on latest returns
http://gllt.morningstar.com/e6qvxuu98r/fun...B&tab=ShortTerm

But the truth is, it's cyclical. It depends on which market you believe in really. Every year when I use the YTD returns to decide to buy which fund, end up after that it doesn't do well

KGF will be those more stable fund, but if Msia equities crash... then the Asia funds would do better
This year I bought CIMB islamic asia pac... but in the red at the moment

My employer contribution feeds into Kenanga growth PRS... phew

Hi thanks a lot for the link. If I want to be kiasu, maybe I will divide RM3K equally into Kenanga OnePRS, CIMB Islamic PRS Plus and AmPRS REITs.

This post has been edited by Vanguard 2015: Dec 18 2015, 11:06 AM

yes LLP has problem on opening accounts. Bank needs the legal partnership agreement before they allow you to open. Also now bank not granting any loan facilities to LLP.

Another minus point if I am not mistaken is that the audited accounts for the LLP need to be lodged every year like a sdn bhd. So anyone can do a public search and get a copy of your audited account?

I don't think the partnership would like that at all. Most would prefer the revenue and expenses to be secret.

Wah.. like thatr you will be charged RM24 a year for 3 PRS

You are absolutely right Kaka. I called FSM this morning. They told me that if we are buying PRS solely for the tax relief of RM3K, then usually the investor will only buy one fund. This is because of the annual admin fee of RM8 per fund.

Thanks.

SAME SAME, SAMA SAMA problem too...

my new year 2016 portfolio plan....
Asia Quantum
Cimb Asia Pac
Kenanga Growth
EI Small Cap
RHB Smart treasure

TA Global Tech
Amb Income trust
Hw Select Income

selling China, india and Japan focused funds

This post has been edited by yklooi: Dec 18 2015, 04:33 PM

World Bank revises up Malaysia GDP growth for next year
http://www.thestar.com.my/business/busines...year/?style=biz

Develop market?

good news

I thought they said use additional 10% bangala can increase GDP 1.1%

Potong stim. Just when I thought that there could a mini rally for year end, all the markets closed RED today.

My existing portfolio which will carry forward to 2016 portfolio...

1. CIMB-Principal Asia Pacific Dynamic Income Fund
2. CIMB-Principal Global Titans Fund
3. Eastspring Investments Global Leaders MY Fund
4. TA European Equity Fund
5. CIMB-Principal Greater China Equity Fund
6. RHB China-India Dynamic Growth
7. Eastspring Investments Small-Cap
8. Kenanga Growth Fund
9. RHB Asian Total Return Fund


I hope it will work out.

This post has been edited by Vanguard 2015: Dec 18 2015, 06:21 PM

Give opportunity to buy in during fsm promo ma..

No more buy in please for me. My FSM portfolio is full already. Maybe I will use the 3% signal principle and do value averaging every 3 months to re-balance my portfolio only.

I have to move on to other baskets of investment already. Maybe self contribution for EPF, stock market, pre-payment for housing loan, etc.



This post has been edited by Vanguard 2015: Dec 18 2015, 06:18 PM

have to standby ammo.....usually FSM would have promo in Jan

What & Where to Invest in 2015
Promotion is valid from 20 January 2015 till 30 January 2015

What & Where to Invest in 2014
Promotion from 21 January 2014 till 14 February 2014.

What & Where to Invest Unit Trusts promotion
from 29th January – 28th February 2013.