4 years ago, I invested RM3,000 into Private Retirement Scheme
to take advantage of the tax benefits (see especially point no 7). However, after that 4 years, sadly to say it has not helped me much except for helping the industry to grow. Although I do not reveal which fund it is, obviously I have invested into growth fund and I can only say it is one of the more prominent fund company.
I do not track the performance of other funds but it seems that our fund industry has not been able to show their worth. The government has given incentives to promote the public into investing into our unit trusts but I can't see them proving to people their worth.
