regarding PRS

i copied this reply below from one of the post into my notes (u can search lowyat fsm for it)

Different classes is to indicate different distribution channel

Class X is for institutional. Means company buy for employee.

Class A & C is retail investors.

Now the rest here is my guess work. Class A charges 3% sales charge, means normal customer who buys from bank staff, sales staff, will be under Class A. Hence that's why Class A fund size is the biggest.

Class C is like us who bought via FSM. (not sure what others falls under this class)

Class C charges 1.5% p.a. Fund Management Charge. Class A & X is slightly lower at 1.4%.

3) the real true way:
- open and use POEMS SG. You will get zero sales charge + zero platform fees forever.
- this only applies if
1) you want to have more fund selection
2) get returns in terms of SGD rather than RM when you sell your funds.

Obviously, a fund's NAV does not tell the whole mutual fund performance story, but its total return does. It captures a fund's changes in NAV, its income distribution and capital gains distribution, which, as a whole, are the true test of fund's return on investment.

That is the Cash Management Fund.