Yes if you at higher bracket but the savings only limited to certain years 🤦‍♀️ and even if you save from tax relief the worry the fund doesn’t perform long as it shows now 🤦‍♀️ with its poor 10 years annualised track records

It depends but very hard to say because the govt is clamping down on certain tax relief

Especially if they want float GST back then this tax relief have to say in place

Normally is like sspn so it will extend

so quiet?
versa fund indeed sucks
3050 left 3046

Wait 5 years larr

lol....PRS UT is like that. check back after when u can withdraw.

mine drop 1.67% liao hahahahahahahahahah

I wish PRS can invest in BTC...long term sure rich liao

r u sure it wont drop to no value?

PRS won't la... Gov sure give pressure if drop ma
By right it should over perform than standard funds but our PRS lousy la average like 3% saja

No one invest in PRS look at daily prices 🤦‍♀️ wait after 6 months then you only can tell

Not all invest BTC is rich long term 🤦‍♀️ FTX customers already know and learn a lesson 🤦‍♀️

PRS is just pseudo standard fund 🤦‍♀️ all goes back to the same portfolio manager which underperforms

FTX was scam... and it was not BTC investment also

Doesn’t matter 🤦‍♀️ if you buy with the wrong broker and the broker failed then you are in trouble

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This post has been edited by aubergine6958: Nov 8 2023, 11:30 AM

This is supposed to be a conservative fund and yet it goes up and down like yoyo

Hi, will PRS through VERSA reflected at PPA?

should

It's over long time. Cause underlying are bonds and bonds returns go down interest rate increases.

honestly i have no idea what i invest into
i am just gonna hope and pray it goes up in the next 5 years when i reach 55 thats all
and i get to enjoy my tax deduction for the next 5 years

Come I help you.

I dont have versa but I share u the fund fact sheet.

https://nadiablob.blob.core.windows.net/fun...FFS_PRSCHCF.pdf

The fund benchmark is 80% Maybank 12 month FD and 20% Equities (from Malaysia n Asean region). This benchmark is the target returns the fund tries to beat.

Its current asset allocation is approx 55% bonds, 30% money market n 15% equities. 90% ofnits investment is in Malaysia. Its YTD return (9 month Jan to Spt) is 3%.

I feel its management fee is on the high side (1.3%), for so little equity exposure. But good thing is that it doesnt have a sales charge.

This post has been edited by Cubalagi: Nov 8 2023, 10:43 PM

PRS look at it yearly.... and hope for the best