This is not really a loop hole in the type that when discovered nothing can be done to you (The Trump kind lol). If somehow or someway this was uncovered by either the bank lending your home loan or EPF, then the bank has the right to charge you straight full OPR lending rate for your whole principal outstanding.

I guess if time is not valuable to certain someone, he will travel to world everyday to looks for cents meanwhile I believe most other people actually do have constructive things to do with their spare time. An importer could save money if he decided to travel and pay cash instead of TT to suppliers, but the time he wasted, how much opportunity lost

Maybe I did not make my sentence clearer...
What i meant was the initial tax relief you got when amortised (new word to me) over a long period of time, the advantage is probably not going to worth it for all the hassle of PRS..
E.g. you get 20% tax rebate from the PRS, and you still have 20 years before you can withdraw this money. This works out to roughly 1% p.a. which means  whatever your PRS return was that year, you add 1% return to it.
So this versus you put this money into FSM or whatever and actively manage it whereby you are free to choose between hundreds of UT products and you are free to withdraw all during a freefall..

Hope you get the gist of what I am trying to say, I aint well-versed in economic terms.. I am not disputing the power of compound interest or UT in general

My point is there are pros and cons and probably more cons than what ppl thought.
E.g. If we have a retiree-gonna-be, then this PRS income tax relief is a no brainer, since he is going to get his money back within a few years

Regarding FSM website, those who purchased PRS from FSM do you guys get PPA number? Can check from My Investments >> Update Account >> Account Details. On the next page, you may click on EPF/PRS account to view the number.

Mine still empty 

Libra Asnita Bond Fund - sudden drop due to Dividend of RM0.025 per unit....this includes 25% income tax?

If no, then its really a pain in the ass.

Hence my question, do we get taxed on income distribution? In my experience some unit trust distribution, the holder will be pre taxed 25%. This in some way does dilute the value no? Meaning every RM1 distribution that was announced, RM0.25 was already paid to LHDN beforehand.

Please enlighten a noob.

it is appropriate to you when you are talking like a complete baffoon to someone who is working just you and me and everyone else and mind you distribution comes from fund houses not fsm. you wanna pick a fight over this go sound thr fund houses and fund manager. not a fsm staff who's there to help clients like us.

also you say that you need to do proper accounting and it cannot be done when distribution isnt available. lemme get it copy and paste for you since you are lazy to educate yourself.
not defending fsm without reason. maybe you don't handle service line but I do and I dealt with unreasonable customers that are rude to my staffs. no doubt I have trained them to be at their best but it's no fault of theirs when the situation was not caused by them in the first place. So far I have dealt with fsm for a long time and never have i needed to interact with them since its a diy platform. if you want premium service then head to ocbc and apply for  preferred status. pfft I doubt even if he can get distribution if he was in ocbc unit trust.

don't go giving a valid argument to support a guy who doesn't even know distribution means nothing and allow him to be rude to a fellow human being.

how so? distribution not in and distribution in doesn't do much to the NAV. maybe I'm over looking things but maybe you can explain it to me because what effects the find value is the underlying assets, investment and currency.

Fresh here

Cant take the actual loss of -2.03%, i decided to give up Interpac Dana Safi....(cooling off period still)..
Admit... no dare take the loss too much yet.

Hopefully in future FSM can allow us to buy their managed portfolio using EPF. That can be a good move.

alright.. then i will just wait for tmr NAV price baru decide to buy or not buy.

Any idea what time the latest NAV price updated daily?

Each UT have different NAV update time??

Thanks.

lol same when you liquidate your stocks and get a hot EQ fund lah this time you paid someone else to do it for you.

for me I treat my entire investment as a portfolio

currently

70% is UT
30% is Stocks

haven't calculate my ultimate emergency reserve which is my property which stands at 700k the lowest to 800k the most st cost price of 500k

meaning if I lose some money in UT or stocks is just 0.5%? so why panic

If u checked their factsheet the reported MoM lost is merely -0.5% for February. They calculation is very misleading. My managed  moderate aggresive recorded -2% ..

i am not understand what u were trying to clarrify?

[attachmentid=9644760]

The -0.9% is 1 month ROI intable above.
Everyone knows 1M ROI is respect to previous month (31 Jan), not to the original portfolio value.

So What?! At Least we have brighter future rather than the pocket yang selalu bocor!

where can I download the PRS statement for tax relief 2017?

Did u know what is unlimited money sir.  Mean when u full port is 1000 u are able to top up more the. 1000 in once time.  Same theory as blackjack.. last rm10 next bet will be rm20. Third round is rm40

hi guys, i am new so please bear with me.
i bought a PRS fund on 13thFeb at NAV 0.6389
the latest NAV as of 26thMar is 0.644

but based on the statement of my holding, it was shown profit of -0.27%
why is that so when the NAV has increased?

my holding
[attachmentid=9697072]

latest NAV
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