Fees Comparison

feescharges3

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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, Class B and Class C ) 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.
Switching between funds.
Class A and Class B Units:
No switching fee will be imposed on the first 12 switching transactions made during a calendar year between the Funds of the Scheme or between a Fund of the Scheme and any other fund in another private retirement scheme operated by the Provider.

For each subsequent switching transaction made within the same class of Units during the same calendar year, a switching fee of RM25.00** will be imposed by the Provider on the Member.

For each subsequent switching transaction made from Class A or Class B Units to Class C Units during the same calendar year, a switching fee of 3.00%** of the amount switched out will be imposed by the Provider on the Member.

Class C Units:

No switching fee will be imposed on the first 12 switching transactions made during a calendar year: (1) between the Funds of the Scheme within the same class of Units; or (2) between a Fund of the Scheme and any other fund in another private retirement scheme operated by the Provider within the same class of Units.
For each subsequent switching transaction made within the same class of Units during the same calendar year, a switching fee of RM25.00** will be imposed by the Provider on the Member.
** The rate and amount disclosed is exclusive of any goods and services tax.
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) AmFunds Management Berhad:
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
For more information on the fees/ charges please contact your PRS provider or read the PRS Providers’ Disclosure Document and Product Highlights Sheet.
(*) Effective 1 April 2015, Goods and Services Tax (GST) will be applicable to the fees stipulated above.