What are the incentives of investing in PRS?

No/Minimal sales charge – PRS funds have no/minimal sales charge to ensure that you enjoy the lowest investment costs on your retirement savings.
Low entry requirements – Minimum initial contribution is RM100 and minimum subsequent contribution is RM50 per fund.
Flexibility – contributors can choose funds that best suit their investment needs.
Convenience – automatic monthly contributions via Regular Savings Plan.
Transparency – contributors have timely access to fund performance and information.
Tax relief - up to RM 3,000 per tax payer per year of assessment (Y/A) from Y/A 2012 to 2021.

Kenanga OnePRS Growth Fund?

It is feeding into KGF.

For individual contribution, yes, that's about the only benefit

That's why I always advocate for it for employer contribution. But not many employers are willing to do it. If you are self-employed under Sdn Bhd, you should consider that

One of the popular tax planning method is to shift remuneration into extra EPF contribution as it is tax deductible for the company up to 19% employer contribution. For the extra 7%, actually PRS can get tax deduction too. The biggest pro is, if you put in EPF, when you want to take out account 1 for unit trust investment, you need to pay sales charge; the funds must be approved by EPF which means only Malaysian equities and the amount you can take out will be less than the entire additional 7%

The con however is, most HR would not do extra work paying into different asset management companies and occasionally the employees would want to switch funds or fund house

Actually I wish they have pure equity funds like CIMB or Affin Hwang or Am for us to choose. Kenanga bond is really lousy and dragging down the growth fund performance... 1 year return of 2.3%, CMF is much better

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

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

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.

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

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

Give opportunity to buy in during fsm promo ma..

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.

I AM TOTALLY LOST. What the hell is wrong with Aberdeen Islamic World???

All my funds went up yesterday...

But the stupid Aladdin went down

Current IRR...4.03%

Tis year event was held at Mid Valley CC plus they gave a lot of freebies (incl power bank)
Looking forward to next year event

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I think I wanna swtich from Affin Hwang Select Opportunity to Lee Sook Yee fund that day

assuming others influences are not added in...will the credit point deduction be lesser when the SC is 0.5% vs 2.0%Sc now?

Affin Hwang and Kenanga are 2 different fund houses. Thus, the switching is called INTER-fund house switching, which basically entails selling off a fund and buying into another. 2% SC involved.

If do it during the event day...0.5%

1. FSM MANA ADA CARRY Affin Hwang PUNYA BOND FUND???
2. FSM that stupid? When u switch from A equity fund to A bond fund, yeah u earn credit points. But when u switch from A bond fund to B bond fund, yeah no SC, but credit u earn from A can be used for B meh?