Manulife PRS Funds Explained

Manulife Asset Management Services Berhad is the third private retirement scheme (PRS) provider in Malaysia that recently launched their PRS funds. As a beginning, Manulife will have 3 core funds, namely Manulife PRS Growth, Manulife PRS Moderate and Manulife PRS Conservative funds. Manulife PRS Growth Fund is targeting those investors below age of 40 years old or have high risk profile, while for Manulife PRS Moderate Fund is a balanced fund targeting those investors between the age of 40 - 50 years old or have moderate risk profile. Manulife PRS Conservative Fund is a fixed income fund with a small portion of equity investment, is meant for those over 50 years old or have low risk profile. Manulife PRS Growth and Manulife PRS Moderate funds will have up to 30% of equity allocation for investments in Asia Pacific markets.

CIMB-Principal PRS Plus Funds Explained

CIMB-Principal is the second panel member that launch Private Retirement Scheme (PRS) to the public in Malaysia, after Hwang PRS Solutions.  CIMB-Principal PRS Plus comprehensive offerings comprise of five funds based on investors risk appetite and investment styles (do it for me vs do it yourself).

At launch time, three core funds, namely CIMB-Principal PRS Plus Growth Fund, CIMB-Principal PRS Plus Moderate Fund and CIMB-Principal PRS Plus Conservative Fund will be available to those investors who prefer do it for me investment style. This means that CIMB-Principal will manage the fund allocations depending on the preset investment objective and asset allocation. The other two non-core funds, CIMB-Principal PRS Plus Equity Fund and CIMB-Principal PRS Plus Asia Pacific ex Japan Equity will be available to investors who are comfortable with higher equity exposure and would like to manage their PRS portfolio in a more active manner.