PRS Providers

Sales Charge

Redemption Charge

Transfer Fee 3 (to another PRS Provider)

Management Fee (per annum of Fund’s NAV)

Annual Trustee Fee (per annum of Fund’s NAV)

Switching Fee 4

CIMB-Principal Asset Management Bhd 1 (for CIMB-Principal PRS Plus & CIMB Islamic PRS Plus)

Class A: 3.00%

Class C: 0.50%

Class X: Nil

0%

RM75

Class A: 1.40%

Class C: 1.50%

Class X: 1.40%

0.04%

No charges and limited to once a month.

Affin Hwang Asset Management Berhad (formerly known as Hwang Investment Management Berhad) C

0%

0%

RM 25 for each transaction request.

Up to 1.30%

0.04%

No charges and limit on frequency.

M

Up to 1.50%

G

Up to 1.80%

H
Manulife Asset Management Services Berhad

Up to 2.00% (for walk-in contributors)

0% (for contributions made through authorized PRS consultants, Corporate or Institutional PRS Advisers)

3.00%
(2 years)

2.00%
(3 years)

1.00%
(4 years)

No redemption charges will be imposed from the 5th year after the first contribution to the Scheme

No transfer fee will be imposed. However, a Redemption Charge will be imposed.

Class A: 2.25% (After 10 years, automatic conversion to Class B)

Class B: 1.50%

0.04%

First 12 switching transactions – free. Subsequent switching transaction – RM 25.

Public Mutual Berhad (for Conventional series & Shariah-based series) C

Up to 3.00%

0%

RM 25 for each transfer request.

1.00%

0.04%

No charges. Once per calendar year between funds within a scheme and between one fund in a scheme to another fund in another scheme.

M

1.25%

0.05%

G

1.50%

0.06%

RHB Asset Management Sdn Bhd (formerly known as RHB Investment Management Sdn Bhd) C

Up to 0.50%

0%

None

Up to 1.00%

Up to 0.04%

No charges and limit on frequency.

M

Up to 1.00%

Up to 1.50%

G

Up to 1.00%

Up to 1.50%

AmInvestment Management Sdn.Bhd. C

Class D: Up to 3.0%

Class I: No sales charge

Class D and I: 0%

RM 25 for each transfer request.

Class D: Up to 1.50%

Class I: Up to 1.25%

Class D and I: Up to 0.04%

Up to 3.0% of amount switched

M
G
AIA Pension and Asset Management Sdn. Bhd. C

Up to 3.00%

0%

RM 25 for each transfer request.

Up to 1.50%

0.04%

No charges for the first two (2) switches in each calendar year.
RM25 will be imposed for all subsequent switches after the first two (2) switches in each calendar year.

M
G
Legend
C Conservative
M Moderate
G Growth
H Hwang AIIMAN PRS Shariah Growth
Note:
1) CIMB-Principal Asset Management Berhad:

Class Features
Class A Subject to the PRS Provider’s absolute discretion, Class A is for an individual who has attained the age 18 years as of the date of opening a private pension account.
Class A and Class C have different Sales Charge and Management Fee.
Class C Subject to the PRS Provider’s absolute discretion, Class C is for an individual who has attained the age 18 years as of the date of opening a private pension account.
Class A and Class C have different Sales Charge and Management Fee.
Class X Subject to the PRS Provider’s absolute discretion, Class X is for a Member who participates via his/her employer and is subject to a minimum of 200 participating employees per employer or 50 participating employees under payroll deduction per employer.
Class X has no Sales Charge.
2) Manulife Asset Management Services Berhad:
Each of the Funds has two classes of Units (Class A and Class B) and are distinguished by the amount of management fee charged by the Provider on each of those classes of Units.However, all contributions to the Scheme will initially be utilised to purchase the Class A Units of the Funds. On the 10th anniversary of the date the first contribution was made to the Scheme by or for a Member, the Class A Units of all Funds held by the Member will automatically be converted to Class B Units of the respective Fund at no cost to the Member. 

Accordingly, any subsequent contributions to the Scheme, after the said 10th anniversary will be utilised towards the purchase of Class B Units of any of the Funds.

Not applicable to members reaching retirement age; death and members leaving the country permanently. Only for sub-account B.

3) Refers to transfer from one PRS to another PRS operated by another PRS Provider. May consist of a full transfer i.e. total amount from sub-account A and sub-account B. Payable to Provider. Does not include PPA fees.
4) Refers to switching between funds within a scheme
5) AmInvestment Management Sdn. Bhd. :
Class D Class I
Description Class D is only available
for certain distributors
appointed by the PRS Provider
Class I is only available
for Employer-Sponsored Retirement Scheme and also employees of any employer with prior arrangement with the PRS Provider