Which PRS Fund to Invest in 2016?

2017-04-12T12:05:12+00:00By |PRS, Unit Trust|0 Comments

I am looking to purchase a PRS fund mainly for the RM500 youth incentive. Which PRS fund should I select?

(Note: We are not affiliated with Lipper Leaders or Fundsupermart which are mentioned below) 

Updated PFS Funds to invest for 2017 can be found here (members only)

prs-parrot

Firstly a disclaimer that I think that there are better investment options than unit trusts (UT) in Malaysia mainly due to high charges & laggard performance. Still with that said, one should take advantage of the RM500 PRS youth incentive.

For UT selection as there is only limited information available, it would be best to look at the UT performance categorically. A good set of tools for selecting UT, includes mutual fund scores is at Lipper Leaders.

We would normally check for 3 & 5 year performance for relevancy. For PRS purposes as PRS are technically new, we only have relevant performance data of up to 3 years.

 

Search Results

The following UT are at near 5 ratings in all categories. The links below open through Fundsupermart which is an online discount UT brokerage.

 

Selection

All 3 PRS funds are reasonably viable.

As the performance for both RHB Retirement Series – Growth & Conservative funds are quite close, a conservative fund may provide better consistent performance especially in view that the main goal is for the PRS youth incentive & you enjoy annual returns around the prevailing FD rate.

Source: Fundsupermart.com.my

RHB Retirement Series – Growth Fund (Source: Fundsupermart.com.my)

RHB

RHB Retirement Series – Conservative Fund (Source: Fundsupermart.com.my)

For higher albeit relatively riskier performance, the CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity can be considered.

CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity - Class C (Source: Fundsupermart.com.my)

CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity – Class C (Source: Fundsupermart.com.my)

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