AmPRS Funds Explained

AmInvest is the fifth private retirement scheme (PRS) provider in Malaysia that launched their PRS funds on 2 April, 2013. AmInvest PRS scheme will have 3 core funds, namely AmPRS Growth, AmPRS Moderate and AmPRS Conservative. In this article, I will elaborate on the conventional PRS funds.

AmPRS Growth Fund is targeting those investors below age of 40 years old or have high risk profile. This fund will mainly invest in combination of equities, REITs, fixed income and liquid assets. Up to a maximum 70% of the fund can be invested in equities in the Asia Pacific markets. Out of this 70% equities portion, a maximum 20% can be invested in REITS. A minimum 30% of the fund will be invested in fixed income assets while a minimum 1% will be retained in liquid assets.

AmPRS Moderate Fund is targeting those investors between the age of 40 - 50 years old or have moderate risk profile. This fund will mainly invest in combination of equities, REITs, fixed income and liquid assets. Up to a maximum 60% of the fund can be invested in equities in the Asia Pacific markets. Out of this 70% equities portion, a maximum 20% can be invested in REITS. A minimum 40% of the fund will be invested in fixed income assets while a minimum 1% will be retained in liquid assets.


AmPRS 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. Uo to 80% of the fund will be invested in fixed income, of which 20% of the NAV will be in money markets. Up to 20% of the remaining portion of the fund can be invested in local equities. A minimum 1% of the fund will be retained in liquid assets.

The summary of AmPRS funds information is available below:

Note: If you need to open the spreadsheet in another tab, click here.

In my opinion, there are better PRS choices out there as compared to AmPRS. The disadvantages of AmPRS funds can be listed as below:

1. High sales charge and switching fees of 3%, just as CIMB- Principal PRS.
2. AmInvest is not very well known for their equity funds performance, as compared to their bond funds.

To know more information about AmPRS offerings, please visit the official site. To understand the difference between PRS and RSP, please visit this link.