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 FundSuperMart v16 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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silverwave
post Oct 29 2016, 12:14 PM

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Hi everyone, i've just activated my FSM account. My plan was to do it by this year to get the Rm500 incentive but i read in the PRS thread that it will be Rm1k next year.

Is it wiser to just wait till next year?

I got an email from FSM saying that the first 30 days i will be entitled to 1% sales charge.If the Rm1k incentive next year is true, it's better to hold on right?
silverwave
post Oct 29 2016, 12:32 PM

Look at all my stars!!
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4,082 posts

Joined: Apr 2006


QUOTE(Ramjade @ Oct 29 2016, 12:17 PM)
The 1% is not for PRS. Is for normal funds. You can invest in normal fund first while waiting for next year to get the rm1k. Keep in mind that rm1k can only be withdraw out when you are 55 years old.
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How would i know which is meant for PRS or normal fund in FSM? Still very new to this biggrin.gif

About the Rm1k, it has to be for first investment of RM1k minimum to be entitled right? Second investment does not count. Do correct me if i'm wrong.

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